Search by Popular Categories


  • Consumer

  • Commercial

  • Construction

  • Industrial

  • Oil & Gas

  • DIAMOND SPONSOR

OIL AND GAS NEWS

Saudi Arabia to build 16 nuclear reactors in 25 years

Nov 6, 2018 10:07 AM

Saudi Arabia has announced plans to build two full nuclear power reactors for energy and as many as 16 over the next 25 years said a report. Work has already begun on the first reactor which is expected...

Saudi Arabia has announced plans to build two full nuclear power reactors for energy and as many as 16 over the next 25 years, said a report.

Work has already begun on the first reactor which is expected to be completed by the end of 2019, , reported the Saudi Press Agency.

These projects were one of seven cutting edge ventures in the fields of renewable energy, atomic energy, water desalination, genetic medicine and aircraft design that were inaugurated by Crown Prince Mohammed bin Salman on Monday, it stated.

These projects were discussed during the crown Prince's visit to King Abdulaziz City for Science and Technology (KACST).

The design of the reactor has been developed by KACST scientists with the help of international experts. It will follow all the safety standards of the International Atomic Energy Agency, said the report.

During his tour of the KACST headquarters, Crown Prince Mohammed also reviewed the ongoing solar-powered water desalination projects in Al Khafji and Yanbu area of the kingdom, stated the SPA report.

The plant in Al Khafji will boast a capacity of 60,000 cu m per day, while the Yanbu plant will have a capacity of 5,200 cu m per day, it added.

Premium Partners - oil & gas

OIL AND GAS NEWS

Energy Capital Group acquires Aujan Industrial Solutions Mar 18, 2024 08:57 AM

Saudi Arabia-based investment group Energy Capital Group (ECG) has...

Honeywell joins 'Made in Saudi' as first gas detection manufacturer Mar 5, 2024 11:32 AM

Honeywell has announced that it will be the first gas detector manufacturer...

Natural gas faces ‘$300bn investment shortfall yearly’ Feb 22, 2024 12:24 PM

A 200-300 billion annual gap in global investment in natural gas...

Nextracker’s All-Terrain Solar Trackers picked for Al Kahfah Feb 21, 2024 14:12 PM

Nextracker has been selected by Acwa Power and Larsen & Toubro Limited...

Saudi wealth fund PIF buys 40% stake in Zamil Offshore Feb 19, 2024 17:03 PM

Saudi sovereign wealth fund PIF (Public Investment Fund) has announced...

New Jeddah port terminal achieves increased handling capacity Feb 16, 2024 14:23 PM

Saudi Ports Authority Mawani has completed development works at...