Global automation leader Emerson has announced it will co-develop next-generation corrosion management solutions for Aramco, one of the world’s leading integrated energy and chemicals companies.
Elsewedy Electric, a leading provider of energy and infrastructure solutions in EMEA region, said the group continues its efforts to empower Saudi women and actively engage them in the workplace. Its Saudi female employees currently represent 6.5% of the group’s total workforce in the kingdom.
King Salman Energy Park (SPARK) has signed an agreement with Pan Kingdom Real Estate to develop an integrated industrial complex comprising 168 ready-built industrial units across 214,000 sq m area within the mega development in the Eastern Province of Saudi Arabia.
Egypt and the UAE have discussed expanding energy cooperation, focusing on increased Emirati investment in petroleum, aviation fuel, and exploration activities, alongside plans to establish a joint working group to advance sector opportunities.
Saudi Arabia and South Korea signed an MoU to expand oil and gas cooperation, covering petroleum, petrochemicals, crude storage, pipeline infrastructure, technology, and sustainability initiatives, as the two countries seek to strengthen energy security and investment ties.
Italy will spend almost €60 billion ($69 billion) this year to import energy, up €8-9 billion from 2025, the national fuel producers association UNEM said.
The Saudi Arabia Ministry of Energy announced the winning bidders for eight licenses covering the establishment, development, operation, and maintenance of liquefied petroleum gas (LPG) filling and storage facilities, as well as the wholesale distribution of LPG to consumers.
Freudenberg Group has expanded its energy portfolio by acquiring Balmoral Comtec, strengthening its Flow Technologies business in sealing and connector systems for global energy markets spanning offshore oil, gas and renewables industries worldwide.
Saipem has announced that its joint venture with Nasser Saeed Al Hajri has secured a key engineering, procurement and construction services contract worth €900 million ($1.03 billion) for the Uthmaniyah Gas Compression Plant in the Kingdom of Saudi Arabia. The entire work will be completed within 42 months.
Bapco Energies has announced the launch of the NBH Future Energy Leaders – Scholarship and Career Development Programme, a national initiative aimed at nurturing Bahraini talent in the energy sector.
