Riyadh | Egypt Oil & Gas

Saudi Aramco, Samsung Ink Gas Deal

Samsung Engineering inked a $1.85-billion-deal with Saudi Arabia on a gas project, according to Arabian Business. The project is known as Aramco Hawiyah Unayzah Gas Reservoir Storage (HUGRS), located 260 kilometers (k...

ADNOC Opens First Service Stations in Saudi Arabia

The Abu Dhabi National Oil Company (ADNOC) has announced opening two service stations in Saudi Arabia, the Saudi Gazette reported. The two service stations are located on the Riyadh-Dammam highway and the second one i...

ACWA To Build Wind Power Plant In Turkey

Saudi Arabia-based power and water project developer (ACWA) Power will build a 340MW wind power plant in Turkey, Hurriyet Daily News reported. ACWA is currently building a 950MW gas power plant near the capital Ankara...

Egypt’s Parliament Approves Saudi’s Sinai Development Program

In a plenary session that took place in late June,  Egypt’s Members of Parliament (MPs) have approved a presidential decree on the King Salman Program for the Development of Sinai, a Saudi-Egyptian loan agreement that...

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