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PIF partners with Chinese manufacturers to make components for the wind and solar energy here at home
The Kingdom is seeking the localization of the production of 75% of renewable energy components by 2030
Saipem lands contracts from Aramco worth USD 500 for two offshore projects
Saipem said the projects would “consolidate its positioning in the Middle East”
Al Jomaih unit reaches SAR 14.6 bn financial close achieved for Taiba 2, Qassim 2 power plants
The consortium secured c. USD 3.9 bn in financing
PowerChina awarded contract for 500 MW wind project in Northern Borders Province
The contract was awarded by a consortium led by Marubeni and Aljan & Bros
Aramco awards over USD 25 bn in contracts as it pushes deeper into natural gas
Upon completion, the 4k km pipeline expansion will see Jafurah’s capacity boosted by some 3.2 bn standard cubic feet
Aramco close to acquiring a 25% stake in Texas LNG export plant
Both sides expect the completion of the agreement
A USD 1.5 bn order for Siemens Energy
The two power plants aim to slash CO2 emissions by up to 60%
Brazilian firm looks to Saudi investors for USD 600 mn fund
The fund is backed by b’naire Marcelo Claure
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