Countries in the Middle East would have to spend US$316bn on utilities such as power and energy over the next five years to keep up with the growing demands of the region, according to a report by Arab Petroleum Investments Corporation (Apicorp)
Power Generation
Eaton agreements look to boost business in Saudi Arabia
The power management company Eaton is set to strengthen its business activity in Saudi Arabia after announcing it has signed agreements with two companies each with a strong influence in the Kingdom
New power plants account for 27 per cent of Oman?s supply
Two new Omani power plants have a combined capacity of 1,488 MW, accounting for 27 per cent of Oman?s total power capacity of 5,589 MW
ABB signs US$110 million deal with Saudi Electricity Company
Swiss company ABB has announced it has signed a contract worth US$110mn with Saudi Electricity Company (SEC) to construct substations in the western region of Saudi Arabia
GE and Sonelgaz to build US$300mn production facility in Algeria
GE and Sonelgaz have signed an agreement to build a US$300mn manufacturing complex in Batna province