OIL & GAS-

Tadawul-listed oil and gas drilling company Ades Holding has secured a SAR 350 mn jack-up drilling contract in Qatar from TotalEnergies, it said in a disclosure to Tadawul. Operations are slated to start in 2H 2024. The contract runs for a period of 12 months with the option of an 18-month extension. This is the second jack-up drilling contract Ades secured this week, following a SAR 161 mn jack-up drilling project in the Gulf of Suez on Sunday.

LOGISTICS-

Cargo firm SAL Saudi Logistics Services launched its fulfillment business unit to help meet growing demand for integrated fulfillment services in the local market, it said in a statement yesterday. The center, which combines air cargo handling and logistics solutions, will make available an advanced warehouse management system to allow clients real-time access to operational data and metrics. It will also allow clients to place orders, monitor progress and others. It said its integrated system will “extend from the first mile to the last.” Sal said it plans to open facilities in Riyadh and the ports of Jeddah and Dammam.

Fulfillment center? The service serves as a center for all logistics processes necessary to get products from sellers to customers. It handles the full order fulfillment process, helping streamline operations for retailers.

DESALINATION-

Bidding for Duba’s seawater reverse osmosis (SWRO) desalination plant will wrap on Saturday, 25 May, according to Bnc Network. Neom’s utility subsidiary Enowa will evaluate the bids to select the EPC contractor for the SWRO facility in Tabuk. Local firm Alfanar construction is reportedly among those vying for the project.

About the project: The SWRO desalination facility in the Red Sea coastal city is set to have a production capacity of 150 mn liters of water per day. Its components include waste treatment, storage reservoirs, chlorination systems, screening, filtering and others.

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