The first nuclear power plant in Saudi Arabia will be ready by 2020.
The first nuclear power plant in Saudi Arabia will be ready by 2020 but it will take longer to become fully operational and add capacity to the kingdoms over-stretched grid.
Iraq is still struggling to deal with shortages in electricity and the government has signed several large power plant deals recently.
Iraqs cabinet has approved projects to build two power stations in southern Iraq with investments of more than US$656mn.
Emirates NBD and HSBC have made a US$200mn stapled debt facility available to bidders interested in constructing a new power plant for DEWA
UAE banking group Emirates NBD and HSBC have made a US$200mn stapled debt facility available to bidders interested in constructing a new power plant for state utility Dubai Electricity and Water Authority (DEWA), an Emirates NBD statement said earlier this week.
Marafiqs core business is the development, operation and maintenance of power and water treatment systems.
Jacobs Engineering Group received a contract from Saudi Arabian utility company, Marafiq, for the provision of project management consultancy (PMC) services at Marafiqs new integrated power and water facility in Yanbu, Saudi Arabia.
Delivering 125MW of power in simple cycle, the two Trent 60 packages on board set industry-leading standards for fuel economy and cost savings.
The Bahrain based Arab Shipbuilding & Repair Yard Marketing Services Company (ASRY) and the British power generation packaging specialist Centrax Ltd. have formed a joint venture company, ASRY-CENTRAX Ltd.
