Saturday, July 21, 2018
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Eye of Riyadh

ADNOC awards contracts to CNPC affiliate for world’s largest continuous 3D onshore and offshore seismic survey
Environment & Energy | Saturday 21 July, 2018 5:57 am
The Abu Dhabi National Oil Company, ADNOC, has awarded contracts worth AED 5.88bn (US $1.6bn) for the world’s largest continuous 3D onshore and offshore seismic survey, covering an area up to 53,000 square kilometres, as the company continues to identify and unlock new opportunities and...
Potential SABIC deal would affect Saudi Aramco IPO time frame, says CEO Nasser
Environment & Energy | Saturday 21 July, 2018 4:24 am
A potential deal to buy a stake in petrochemical maker SABIC would affect the time frame of Saudi Aramco's initial public offering (IPO), the oil firm's president and CEO Amin H. Nasser said Friday.  The IPO of around 5 percent of Aramco, which was initially to take place this...
2.5mn smart power meters to be installed in three years
Environment & Energy | Wednesday 18 July, 2018 6:00 am
SOME 2.5 million smart electronic meters will be installed in the coming three years in the residential, commercial and industrial sectors. This is part of a contract awarded by Saudi Electricity Company (SEC) to a national company on Wednesday, Saudi Press Agency (SPA) said. The first stage is...
Key to a sustainable future: thyssenkrupp launches advanced water electrolysis for large scale chemical projects in Saudi Arabia
Environment & Energy | Monday 16 July, 2018 4:10 pm
As renewable energy sources continue their global success story, the demand for integrating them into the current energy and industry landscape has seen a sharp rise in Saudi Arabia. thyssenkrupp now offers a key technology for renewables integration: industrial scale water electrolysis for large...
Almansoori Delivers Facilities for Kenya’s First Oil Wells
Environment & Energy | Sunday 15 July, 2018 2:57 pm
AlMansoori Specialized Engineering, the leader in oilfield services in the Middle East, has successfully contributed to the Early Oil Pilot Scheme (EOPS) launch leading to Kenya’s first oil production and export programme by providing facilities for the landmark...
System launched to help predict, plan for heavy rain in Saudi Arabia
Environment & Energy | Sunday 15 July, 2018 3:08 am
The Ministry of Municipal and Rural Affairs has launched a system to help predict and plan for heavy rain and flooding across the Kingdom The high-tech system, called Matir, is the first of its kind in the Arab region. It is designed to help the authorities plan early for extreme weather...
Deal signed to reduce food waste in Saudi Arabia
Environment & Energy | Saturday 14 July, 2018 1:44 am
The General Sports Authority, represented by the Saudi Community Sports Union, signed an agreement with the Saudi Food Bank at the authority’s headquarters in Riyadh. The agreement aims to promote the conservation of food and the avoidance of food waste through the activities and programs of ...
Energy-saving tips in order as summer heat sends Saudi electricity bills soaring
Environment & Energy | Wednesday 11 July, 2018 4:57 am
Consumers around Saudi Arabia got a shock last month when they saw their latest electricity bills. A double whammy of increased tariffs from the Saudi Electricity Company and the arrival of summer heat, with air-conditioning set to max, sent costs sky-high. So is there anything householders can...
$200m organic farming plan unveiled by Saudi Arabia
Environment & Energy | Friday 6 July, 2018 8:59 am
The Ministry of Environment, Water and Agriculture unveiled its organic farming action plan, which was approved by the Cabinet, and has allocated SR750 million ($200 million) to support it. The plan will be one of the most important means of supporting organic production, said the...
Saudi Aramco plans first change in Asia crude oil price formula in decades
Environment & Energy | Thursday 5 July, 2018 5:47 am
Saudi Aramco is changing the formula it uses to price its long-term crude oil sales to Asia in a move aimed at improving the overall reliability of its pricing. It represents the first change to benchmarks for its official selling prices (OSP) since the mid-1980s, the company said on...
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