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. ...
