Energy, Oil & Gas

Egypt secures $420m investment from Alcazar Energy for Red Sea wind project

Egypt has secured a $420 million foreign investment commitment for a 580-megawatt wind power project on the Red Sea coast, marking another significant step in the country's drive to expand renewable energy capacity and attract private-sector capital into the energy sector....

Energy, Oil & Gas

Saudi Arabia unveils qualified bidders for 5.3GW renewable energy projects

Saudi Power Procurement Company has unveiled the qualified bidders for the seventh round of solar and wind projects with a total 5.3GW capacity. These include global leaders such as EDF, Engie, TotalEnergies, Kepco and Marubeni along with regional players such as Masdar and Alfanar. ...

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. ...