Power Generation

Technip consortium awarded Yemen power contract

Technip_Yemen1

Technip, a leader in oil and gas project management, in association with Hawk International, has been awarded by Total E&P Yemen, a lump sum turnkey contract for the Kharir Power Plant Project.

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SEC pens power deal

SEC pens power deal

Saudi Electricity Company (SEC) has signed a new deal worth SR12.75 billion (US$3.4 billion) with South Korea's Doosan Heavy Industries and Construction to build a 2,555 megawatt (MW) power plant at Rabigh.

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Another step forward for Saudi Arabia's power sector

Another step forward for Saudi Arabia's power sector

Saudi Electricity Company (SEC) has signed a new deal worth SR12.75 billion (US$3.4 billion) with South Korea's Doosan Heavy Industries and Construction to build a 2,555 megawatt (MW) power plant at Rabigh.

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South Korean firms expanding in Abu Dhabi

South Korean firms expanding in Abu Dhabi

South Korean firms are looking to increase their hold on Abu Dhabi's industrial sector, reports The National.

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US$1.5 billion power project contract awarded

Image source: Siemens

Abu Dhabi Water and Electricity Authority (ADWEA) has awarded Korea Electric Power Corp (KEPCO) and Sumitomo Corp. the contract for a US$1.5 billion power project in the UAE. The companies will sign the final agreement by February 2011 after raising funds through project financing. The project consists of a 1,600MW gas-fired power plant, to be built in Shuweihat, 260 km west of the capital Abu Dhabi, and scheduled for commercial operation in March 2014, according to KEPCO.

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