“We agree to continue our dialogue on a regular basis by holding a summit every two years and look forward to the next summit in Saudi Arabia in 2026,” stated...... continue reading
The $252 million renewals are for rigs ADES 13 and ADES 14, and the contract extension will "commence immediately upon expiry of the rigs' current firm tenor," the company...... continue reading
Speaking at a panel entitled ‘The Growth of International Content and Potential Investment Opportunities’ which took place during the second edition of Saudi Film Confex in Riyadh (October 9-12), Ungar...... continue reading
Denmark’s approach to water sustainability relies on innovative technologies that reduce water wastage while conserving energy and resources. Danish engineering firms like Grundfos are making an impact in Saudi Arabia by...... continue reading
A formal announcement is expected soon. The news follows on a statement by PIF governor and Aramco chairman Yasir Al Rumayyan earlier this year, that Saudi Arabia wants to invest...... continue reading
Iran's Foreign Minister Abbas Araqchi will visit Saudi Arabia and other countries in the region starting on Tuesday to discuss regional issues...... continue reading
The kingdom’s sovereign wealth fund, chaired by de facto ruler Crown Prince Mohammed bin Salman, has created a company called Energy Solutions Co. to finance so-called green hydrogen power...... continue reading
Through the NREP, Saudi Arabia is pursuing a structured plan to diversify local energy sources. Since the start of the program, projects with a total capacity of 19 GW...... continue reading
Mikhail Krutikhin, a Russian energy analyst based in Norway, said Saudi Arabia's possible move posed "an enormous risk" for Moscow's state budget, because of its overwhelming dependency on oil revenues....... continue reading
Five projects are being tendered, spread across four of the kingdom’s provinces. These include: 1,500 MWac Dawadmi Wind IPP to be located in Riyadh province. 1,400 MWac Najran Solar PV IPP to...... continue reading
