Energy, Oil & Gas

Dewa unit explores global infrastructure opportunities with ING, Actis

Dewa International, the overseas investment arm of Dubai Electricity and Water Authority, is pursuing global growth through new tie-ups with international financial and infrastructure investors. Its senior leadership held a meeting with ING and Actis in London to explore opportunities in power and water projects. ...

Energy, Oil & Gas

Saudi oil sector set for strong 2027 rebound; normal output seen by Sept

Saudi Arabia's oil sector is poised for a strong recovery next year as export routes gradually normalise and crude production returns to pre-disruption levels, according to Riyad Capital, which forecasts oil-sector growth of 14.3% in 2027. ...

Energy, Oil & Gas

Aramco Group firms seal $30bn agreements, MoUs with US firms

Saudi oil giant Aramco has announced 17 MoUs and agreements with a potential total value of more than $30 billion with major companies in the US, through its Aramco Group Companies. These are aimed at supporting Aramco’s strategic growth objectives while enhancing its shareholder value. ...