ProSep has secured a new contract to supply its proprietary mixing technology to a regional operator, delivering three Annular Injection Mixers (AIM) for a Saudi Arabian oilfield....
Tenable, the exposure management company, has announced the formal establishment of a new legal entity in Saudi Arabia. This move signals its investment in the region and a commitment to supporting the nation's ambitious digital transformation under Vision 2030....
Chinese group TBEA has won the bid from Saudi Electricity Company (SEC) for the construction of a new 380/132kV substation in the kingdom's Namria region as well as expansion of two existing substations in the surrounding areas. ...
CRC Evans, a welding and coating specialist, has secured a new contract award for Saudi Arabia’s Master Gas III (MGS) project, securing new welding opportunities for Package 9. The scope of work involves the construction and welding of a 56-inch diameter pipeline covering 150 km....
Aramco, one of the world’s leading integrated energy and chemicals companies, in partnership with Pasqal, a global leader in neutral-atom quantum computing, have achieved a major breakthrough for the Middle East’s technology landscape with the successful deployment of Saudi Arabia’s first quantum computer — and the region’s first quantum computer dedicated to industrial applications....
Samsung E&A, a total solutions provider for the global energy industry, announced that its Saudi Arabia Advanced Polyolefin Company (APOC) Propane Dehydrogenation and Utilities & Offsite (PDH/UTOS) Project has been selected as the Energy Project of the Year at the 2025 MEED Projects Awards, presented in association with Mashreq....
The International Telecommunication Union (ITU) praised Saudi Arabia’s success in leveraging Artificial Intelligence (AI) to reduce emissions by more than 588,000 tonnes of carbon equivalent annually and to improve energy and water efficiency, through ACWA Power’s Monitoring and Prediction Centre (MPC)....
Hanwha Power Systems has signed a land lease agreement to build a compressor packaging and service centre of approximately 11,600 sq m within King Salman Energy Park (SPARK), an international energy industry hub city 100% owned by Saudi Arabia's national oil company Aramco....
Aramco reported strong earnings in third quarter, underpinned by operating momentum as major projects progress. The energy major's adjusted net income for the quarter stood at $28 billion (Q3 2024: $27.7 billion)....
International Maritime Industries (IMI) signed an agreement with Aro Drilling (Aro) for the construction of a new offshore drilling rig named "Kingdom 4" in Saudi Arabia....
India's top construction conglomerate Larsen & Toubro (L&T) has announced that one of its key units has secured a batch of grid infrastructure orders - worth nearly Rs50 billion ($569 million) - for construction of 380 kV substation and transmission lines in Saudi Arabia. ...
The Kingdom of Saudi Arabia's 40% budget and expenditures are now being financed by non-oil revenues, and notably, 90% of FDI in the country is non-oil, said its senior minister at the Future Investment Initiative (FII9) summit in Riyadh. ...
Masdar, a Abu Dhabi energy company, has been awarded two solar photovoltaic (PV) projects, with a combined capacity of 2 gigawatts (GW), under the sixth round of bidding in Saudi Arabia's National Renewable Energy Program (NREP)....
EICT, a leading Saudi Arabian ICT and systems integration company, has officially launched the IO by HFCL portfolio of enterprise Wi-Fi and networking solutions in Saudi Arabia....
Baker Hughes has announced that it has secured a major contract from oil giant Aramco to expand its integrated underbalanced coiled tubing drilling (UBCTD) operations across Saudi Arabia’s natural gas fields. The order was booked in the third quarter....
Acwa Power has announced that its key affiliate - Hajar Two Electricity - has achieved a SAR10.8 billion ($2.9 billion) financial close for Qurayyah CCGT IPP Expansion Project in the Eastern Province of Saudi Arabia. Once operational, it will boast a 3,010MW capacity....
Kelton, the specialist energy industry consultancy firm, has signed an exclusive agency agreement with AWJ Energy, a Saudi Arabian firm. Under this strategic partnership, AWJ Energy will act as Kelton’s in-country representative in Saudi Arabia....
Trina Storage, an energy storage solution and a business unit of Trinasolar, has announced the launch of its next-generation 6.25 megawatt-hour (MWh) energy storage platform in Saudi Arabia. ...
Bahri, Saudi Arabia’s Kingdom’s leading shipping and logistics provider, has announced the renewal of its long-term contract of affreightment (COA) with S-Oil Corporation, one of South Korea’s largest refiners headquartered in Seoul. ...
