Tag: Saudi Arabia

Energy, Oil & Gas

Applus+ launches exclusive Advisory Services in Saudi Arabia

Applus+, a global leader in Testing, Inspection, and Certification (TIC), announces the launch of its Advisory Services in Saudi Arabia, to help clients improve compliance, performance, resilience, and sustainability....

Energy, Oil & Gas

Saipem announces restart of jack-up rig in Saudi Arabia

Saipem, a global leader in the engineering and construction of major projects for energy and infrastructure sectors, has announced the restart of operations of the jack-up Perro Negro 7 in Saudi Arabia. The rig can operate in waters up to 375 ft deep and drill wells up to 9,100m. ...

Energy, Oil & Gas

CATL opens Mideast's largest new energy aftermarket facility in Riyadh

Leading Chinese battery manufacturer CATL has opened its first new energy aftermarket facility in the Middle East at Riyadh. The launch of the Ning Service Experience Center comes as Saudi Arabia advances its ambitious electrification and decarbonisation goals under Vision 2030. ...

Energy, Oil & Gas

EDF RHQ, droppRWA to explore energy financing solutions in Saudi Arabia

EDF International Regional Headquarters (EDF RHQ) and droppRWA signed an MoU to explore blockchain in Saudi Arabia’s energy sector, focusing on inter-company transactions, tokenising energy assets, enhancing project liquidity, and creating innovative carbon credit frameworks....

Energy, Oil & Gas

Saipem snaps up $600m Saudi Aramco offshore contracts

Saipem, a global leader in the engineering and construction of major projects, has secured $600 million offshore contracts from Saudi oil giant Aramco. The scope of work includes EPCI services for 34km of pipeline as well as 300m of onshore pipeline network in Saudi Arabia. ...

Energy, Oil & Gas

Linxon lands 380kV substation projects contract in Saudi Arabia

Linxon has announced that it has secured a series of turnkey orders for 380/110/13.8kV substation projects in Saudi Arabia. A global engineering, procurement and construction company, Linxon is a joint venture between AtkinsRéalis and Hitachi Energy. ...

Energy, Oil & Gas

ProSep expands Mideast growth with new Saudi order

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....

Energy, Oil & Gas

Tenable opens new entity in Saudi Arabia

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....

Energy, Oil & Gas

TBEA wins 380/132kV GIS substation project in Saudi Arabia

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. ...

Energy, Oil & Gas

CRC Evans secures contract for Master Gas III project in Saudi

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....

Energy, Oil & Gas

Aramco, Pasqal make history with Saudi Arabia’s first quantum computer

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....

Energy, Oil & Gas

Samsung E&A’s Saudi Arabia APOC project wins award

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....

Energy, Oil & Gas

ITU praises Saudi Arabia for using AI to reduce emissions

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)....

Energy, Oil & Gas

Hanwha Power Systems to build compressor packaging, service centre at SPARK

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....

Energy, Oil & Gas

Aramco reports $28bn net income for Q3

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)....

Energy, Oil & Gas

L&T lands $569m Saudi grid infrastructure orders

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. ...