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Saudi Electricity Co. is marketing a $1 billion loan, people familiar with the matter said, as the firm seeks to finance new projects, including the expansion of a power plant....
Saudi utility Acwa Power Co. signed non-binding agreements with Malaysian firms, including to explore development of about 13 gigawatts of power generation capacity, totaling $10 billion in investments by 2040....
RIAD/WASHINGTON (dpa-AFX) - Saudi-Arabien scheint dem Aufbau eines zivilen Atomprogramms mit Unterstützung der USA näherzukommen. Im Gespräch sei ein neues Energie-Abkommen beider Länder, das den Weg für ein solches Atomprogramm in dem Wüstenstaat ebnen ......
Saudi Arabia renewable energy firm ACWA Power has signed a 25-year power purchase agreement (PPA) with Egyptian Electricity Transmission Company ......
UPDATE 1-France's EDF, TotalEnergies awarded Saudi solar tenders during Macron visit Recasts paragraph 1 to include Total and EDF, adds details in 2, 5, 6; context in 3, Veolia project in 7 By America Hernandez PARIS/CAIRO, Dec 3 (Reuters) - TotalEnergies will build an 0.3 gigawatt (GW) solar park in Saudi Arabia, while EDF Renewables will build two solar parks totalling 1.4 GW, as part of a series of deals announced on Tuesday during a visit by French President Emmanuel Macron to Riyadh....
Saudi Arabia signs solar deals with France's TotalEnergies CAIRO, Dec 3 (Reuters) - Saudi Arabia signed agreements for solar energy projects with foreign partners during the Saudi-French Investment Forum attended by French President Emmanuel Macron on Tuesday in Riyadh. An agreement was signed with French oil major TotalEnergies TTEF.PA and Al Jumeih Energy and Water for the Rabigh 2 solar power plant....
The companies are currently negotiating a binding purchase and sale agreement as well as a definitive equity participation agreement on substantially equivalent terms...
Saudi Aramco Set To Buy 25% In US LNG Project
Authored by Charles Kennedy via OilPrice.com,
Saudi Arabia's oil giant Aramco has signed a non-binding agreement to buy LNG from Sempra's Port Arthur LNG project and potentially acquire 25% in the project's Phase 2, the U.S. and Saudi firms said on Wednesday.
Under the non-binding Heads of Agreement (HoA), Aramco and Sempra are set to discuss a 20-year sale and purchase agreement for LNG offtake of 5.0 million tonnes per annum (Mtpa) from the Port Arthur LNG Phase 2 expansion project. Today's agreement further contemplates Aramco's 25% participation in the project-level equity of Phase 2.
Phase 1 of the Port Arthur LNG project, an export terminal in Southeast Texas with direct access to the Gulf of Mexico, is currently under construction and consists of trains 1 and 2, as well as two LNG storage tanks and associated facilities.
The Port Arthur LNG Phase 2 project is a planned expansion of the site to include the addition of up to two trains ...