logo
GE Vernova's H-Class gas turbines to expand Qurayyah power plant

GE Vernova's H-Class gas turbines to expand Qurayyah power plant

Trade Arabia29-05-2025
GE Vernova has announced it has secured an order for five 7H-Class gas turbines - three 7HA.03 and two 7HA.02 units – from Técnicas Reunidas and Orascom Construction (TR & Orascom Construction).
The two companies have signed, under a 50-50 joint venture, the engineering, procurement and construction (EPC) contract for Qurayyah Independent Power Plant (IPP) Expansion Project in the Eastern Province in Saudi Arabia.
This expansion project, a 3 gigawatt (GW) combined cycle gas-fired power plant with readiness to build a carbon capture unit, aims to bolster electricity production capacity and enhance operational efficiency in Saudi Arabia. Expanding Saudi Arabia's fleet of combined cycle power plants plays a crucial role in Saudi Arabia's plan to generate half of its electricity from gas by 2030 and half from renewables, paving the way to net-zero greenhouse gas (GHG) emissions by 2060, a statement said.
Hajr Two Electricity Co, a company owned by ACWA Power, the Saudi Electricity Company (SEC), and Haji Abdullah Alireza & Co signed a Power Purchase Agreement (PPA) for the Qurayyah Independent Power Plant (IPP) Expansion Project with the Saudi Power Procurement Company (SPPC – Principal Buyer) in February 2025.
Hajr Two Electricity Co commented: 'The QIPP Expansion Project is a very ambitious project and we are proud to support its development. We look forward to working with TR & Orascom Construction and GE Vernova to contribute to Saudi Arabia's enhancement of its electricity supply as the Kingdom transitions its power generation mix to incorporate more renewable energy in alignment with Saudi Vision 2030 and its ambitious sustainability targets.'
'QIPP project is evidence of Saudi Arabia's strong belief in the future of gas as it emits less CO2 and other pollutants than oil-fueled power plants,' said Joseph Anis, President & CEO of GE Vernova's Gas Power business in Europe, Middle East & Africa. 'We have developed a productive and successful relationship with TR & Orascom Construction building on our proven expertise in natural gas combined cycle plant engineering, operability, and plant integration, and we are delighted to deploy some of our most advanced power generation technologies, with the potential to integrate carbon capture solutions to help significantly reduce carbon dioxide emissions in QIPP's and other gas power plants in Saudi Arabia.'
GE Vernova has been playing a pivotal role in fostering the evolution of the Kingdom's energy infrastructure for almost 90 years, supporting economic diversification, localization, high value exports, and talent development efforts and still does so today in support of Saudi Vision 2030.
The company currently employs approximately 850 people in Saudi Arabia. GE Vernova's investments in the Kingdom include the Khobar Integration Facility (KIF) for grid solutions, as well as the GE Manufacturing and Technology Center (GEMTEC) campus in Dammam, which encompasses a Services and Repairs Center for gas turbines, the GE Saudi Advanced Turbines (GESAT) facility for the manufacturing of gas turbines, components and accessory modules, the GE MENA Decarbonization Center of Excellence, and a Monitoring & Diagnostics Center for the remote monitoring of power generation assets. – TradeArabia News Service
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Saudi Arabia Sees New Jobs In Tech, Healthcare - Less Hiring In Construction
Saudi Arabia Sees New Jobs In Tech, Healthcare - Less Hiring In Construction

Gulf Insider

timean hour ago

  • Gulf Insider

Saudi Arabia Sees New Jobs In Tech, Healthcare - Less Hiring In Construction

Saudi businesses in the tech and healthcare sectors kept up their hiring levels, while there was a drop in new jobs in the energy sector, according to a new update. 'In the oil and gas and some large scale construction projects, hiring was delayed due to adjustments in government spending,' said Anurag Verma, General Manager for Saudi operations at the consultancy Innovations Group. On the construction side, there have been frequent reports of 're-sizing' at some of the prestige projects Saudi Arabia had launched, including at some of the 'giga' ones. This has obviously led to slowing demand for more engineering and project specific personnel to take on the many ambitious contracts that had been planned. But some in the industry say that Saudi Arabia will still require heavy recruitments for its still many construction ventures. The question then becomes how long will it take for that demand to show. Meanwhile, the other sectors where Saudi Arabia is currently hiring are in retail and financial, as well as education, according to Innovations' data. 'Employers have chosen to retain the best talent by giving increments,' said Verma. 'Salary costs for new hiring is 6%-8% more for white-collar staff in comparison to last year.' According to the company, the Saudi manpower market for white-collar workers could reach $1.16 billion by end of this decade. And that for blue-collar worker staffing needs could reach $1.68 billion in the same period. 'The demand is increasingly shifting toward a more skilled workforce, with high-growth opportunities emerging in key sectors such as healthcare, technology, and financial services,' the report finds. By end of this year, more multinational companies are expected to confirm their regional headquarters operations in the Kingdom. The latest Saudi PMI (Purchasing Managers Index) report also points to demand for more hiring. In this regard, financial and tech sectors could see increased spending in expanding workforces. 'Saudi Arabia is still years away from seeing its tech sector reach full potential,' said an HR specialist overseeing tech sector hiring. 'And even with many AI related investments being mentioned, the serious hiring in this space is yet to start. 'Realistically, one might have to wait for 2026 before tech hiring picks up.'

Liverpool set to cut losses with Nunez move to Saudi: reports
Liverpool set to cut losses with Nunez move to Saudi: reports

Daily Tribune

time4 days ago

  • Daily Tribune

Liverpool set to cut losses with Nunez move to Saudi: reports

Liverpool striker Darwin Nunez is reportedly closing in on a move to Saudi club Al Hilal, which could allow the Premier League champions to make a fresh bid for Newcastle's Alexander Isak. Nunez joined the Reds for an initial 75 million euros ($87 million, £65 million) from Benfica three years ago but has failed to live up to that price tag. The Uruguayan has scored 40 goals in 143 appearances but slipped down the pecking order at Anfield under both Jurgen Klopp and Arne Slot. Accord - ing to transfer specialist Fabrizio Romano, Al Hilal will pay an initial 53 million euros for the 26-year-old. Nunez was likely to play even less this season after Liverpool signed Hugo Ekitike and Florian Wirtz as part of a 300 million euro spending spree that also includes fullbacks Milos Kerkez and Jeremie Frimpong. However, the club could still break the British transfer record by signing Isak, with Newcastle reportedly demanding a fee of up to £150 million for the Swedish striker. The sale of Nunez would take Liverpool's income for transfer sales this window t o n e a r l y 200 million euros after the departures of Luis Diaz, Jarell Quansah, Caoimhin Kelleher, Trent Alexander-Arnold and Tyler Morton.

Three Convicted In Riyadh For Commercial Concealment In Mobile Accessories Trade
Three Convicted In Riyadh For Commercial Concealment In Mobile Accessories Trade

Gulf Insider

time6 days ago

  • Gulf Insider

Three Convicted In Riyadh For Commercial Concealment In Mobile Accessories Trade

The Ministry of Commerce has publicly named two Saudi citizens and a Yemeni resident after they were convicted of engaging in a commercial concealment scheme involving the sale of mobile phone accessories in Riyadh. According to a ruling by the Criminal Court in Riyadh, the Saudi business owner and his agent were found guilty of allowing the Yemeni resident to operate the business independently, without a foreign investment license. The resident was granted full control over the establishment's operations and was found to have financial dealings far exceeding his declared income as a sales representative, transferring illicit profits abroad. The court imposed a SR15,000 fine to be shared among the convicted individuals, revoked the business license, cancelled the commercial registration, and ordered the business to be liquidated. It also mandated the collection of all due taxes, zakat, and government fees. The convicted Saudis were banned from engaging in commercial activity, while the Yemeni national will be deported and barred from re-entering the Kingdom for work. The Ministry of Commerce reaffirmed that under the Anti-Concealment Law, penalties can reach up to five years in prison and SR5 million in fines, along with the seizure of illicit funds once a final verdict is issued.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store