{"id":102123,"date":"2025-11-04T00:00:00","date_gmt":"2025-11-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/11\/04\/italys-cannon-artes-to-build-desalination-plant-for-hajr-expansion-ccgt-ipp\/"},"modified":"2025-11-04T00:00:00","modified_gmt":"2025-11-04T00:00:00","slug":"italys-cannon-artes-to-build-desalination-plant-for-hajr-expansion-ccgt-ipp","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/11\/04\/italys-cannon-artes-to-build-desalination-plant-for-hajr-expansion-ccgt-ipp\/","title":{"rendered":"Italy\u2019s Cannon Artes to build desalination plant for Hajr expansion CCGT IPP"},"content":{"rendered":"

\n

INFRASTRUCTURE-<\/p>\n

Italy-based <\/strong>Cannon Artes<\/a><\/strong> won a contract to design and supply a seawater desalination<\/strong> plant for the 3 GW Hajr Expansion CCGT IPP project in the Eastern Province<\/strong>, it said in a press release<\/a> yesterday. The facility will treat 34k cubic meters of seawater daily to provide demineralized, potable, and service water for the combined-cycle-gas-fired power plant. No financial details were disclosed.<\/p>\n

BACKGROUND-<\/strong> The USD 2.6 bn project is being developed under an agreement signed in<\/a>March<\/a> by a JV between Acwa Power, Saudi Electricity Company, and Haji Abdullah Alireza & Company, with Orascom Construction and T\u00e9cnicas Reunidas as EPC contractors. <\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

\n

M&A WATCH-<\/p>\n

Homegrown workforce management solutions startup <\/strong>WakeCap<\/a><\/strong> has acquired<\/strong> the Brazilian workforce safety and operations platform <\/strong>Trackfy<\/a><\/strong>, as part of its strategy to expand globally and extend its capabilities across the full industrial lifecycle, according to a press release<\/a> published yesterday. No financial details were disclosed.<\/p>\n

The acquisition integrates Trackfy\u2019s operations and maintenance solutions into WakeCap<\/strong>, creating a unified platform that spans from project delivery to daily industrial operations. The move also marks WakeCap\u2019s entry into Latin America, with Brazil serving as its new regional headquarters. <\/p>\n

REMEMBER-<\/strong> WakeCap acquired Silicon Valley-based Crews by Core<\/a>last year<\/a>, setting up an R&D base in the US. Beside the last acquisition of Brazil\u2019s Trackfy, WakeCap already operates in the US, Saudi Arabia, UAE, and Japan.<\/p>\n

\n

MINING-<\/p>\n

Twelve<\/strong> local and global companies were qualified for in the second wave of the<\/strong> government\u2019s Exploration Enablement Program (EEP)<\/strong>, the Industry and Mineral Resources Ministry posted on X<\/a> on Sunday. In collaboration with the Investment Ministry, a total of 38 applications by the selected companies were licensed to mine across an area of 3k sq km, with over SAR 664 mn committed for exploration spending, Al Arabiya<\/a> reported. <\/p>\n

\n

ENERGY-<\/p>\n

Aramco\u2019s Jafurah Cogeneration Independent Steam and Power Plant (ISPP) kicked off <\/strong>commercial<\/strong> operation<\/strong>, General Electric\u2019s energy spin-off company GE Vernova<\/a> said in a press release<\/a> yesterday. Described as GE Vernova\u2019s first locally-made<\/a> H-Class gas turbine and set to be one of its most efficient power facilities, the plant \u2014 southeast of Dammam \u2014 is expected to produce up to 314 tons per hour of steam and 320 MW of electricity. By 2030, the Jafurah gas field is set to deliver up to 630k barrels of natural gas liquids and condensates and over 420 mn standard cubic feet of ethane per day.<\/p>\n

\n

FINANCIAL MARKETS-<\/p>\n

The Cap<\/strong>ital Market Authority greenlit the public offering of open-ended, <\/strong>shariah-compliant Arbah Capital\u2019s <\/strong>Arbah Saudi<\/a><\/strong>Equity Fund<\/a><\/strong>, it said in a statement<\/a> yesterday.<\/p>\n","protected":false},"excerpt":{"rendered":"

AND- GE Vernow\u2019s Jafurah Cogeneration Power Plant kicks off operations in Dammam<\/p>\n","protected":false},"author":1,"featured_media":102124,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[54,4630,4629,4625,10,4626,4628,1218,50,4627,1861],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-102123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-arbah-capital","tag-aro-drilling","tag-cannon-artes","tag-enterpriseam-ksa","tag-hajr","tag-international-maritime-industry","tag-jafurah","tag-mining","tag-trackfy","tag-wakecap","wpautop","entry"],"acf":{"mongo_id":"0667407a-f42f-40fe-9711-7e7019e159f3","order":"11","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/11\/225.jpg","photo_position":"above","homepage_title":"","full_issue_title":"USD 2.6 bn Hajr power project taps Italy\u2019s Cannon Artes for a desalination plat","related_issue":[102104],"teaser":"AND- GE Vernow\u2019s Jafurah Cogeneration Power Plant kicks off operations in Dammam","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.7a6c5822-26f5-4748-ad03-e8f07402e7e2.mp3"},"yoast_head":"\nItaly\u2019s Cannon Artes to build desalination plant for Hajr expansion CCGT IPP - 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