Latest news with #Rumah2
Yahoo
25-03-2025
- Business
- Yahoo
Orascom and Técnicas Reunidas to build 3GW Saudi gas-fired power plant
Orascom Construction, in an equal joint venture with Técnicas Reunidas, has signed a $2.6bn engineering, procurement and construction (EPC) contract for the 3GW Qurayyah IPP expansion project in Saudi Arabia's Eastern Province. The project involves a combined cycle gas-fired power plant, featuring readiness for carbon capture and a 380kV electrical substation. The EPC contract was signed with the Hajr Two Electricity Company, a consortium including ACWA Power, the Saudi Electricity Company and Haji Abdullah Alireza & Co. Orascom Construction and Técnicas Reunidas have already received limited notice to proceed. Orascom Construction CEO Osama Bishai stated: 'We continue to deliver on our geographic diversification strategy with a particular focus on key sectors such as power and water. This project exemplifies the type of opportunities that we actively pursue where we can leverage our expertise to deliver high-quality projects and maximum value. 'It also builds on our success in the power sector most recently in Egypt, and we look forward to making a similar significant impact in Saudi Arabia. We are also pleased to partner with Técnicas Reunidas on this large-scale project and to extend our partnership in Saudi Arabia and the region.' Orascom Construction has a history of projects in the Middle East and Africa with a total capacity of more than 30GW. This includes two 4.8GW combined cycle gas-fired power plants in Egypt. In a related development, Siemens Energy has secured a $1.6bn project to provide technologies for the Rumah 2 and Nairyah 2 gas-powered power stations in Saudi Arabia. These plants, located in the western and central regions of the country, will contribute 3.6GW to the national grid, supplying power to 1.5 million homes. "Orascom and Técnicas Reunidas to build 3GW Saudi gas-fired power plant" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
24-03-2025
- Business
- Yahoo
Egypt's Orascom Joins Spanish Group to Build 3-GW Gas-Fired Plant in Saudi Arabia
An Egypt-based construction group is partnering with a Spanish energy infrastructure company to build a 3-GW combined-cycle natural gas-fired power plant in Saudi Arabia. Orascom Construction, headquartered in Cairo, on March 24 said its 50-50 joint venture with Spain's Técnicas Reunidas was awarded a $2.6-billion contract to build the Qurayyah IPP Expansion Project power station in the Eastern Province of Saudi Arabia. The engineering, procurement, and construction contract was signed with Hajr Two Electricity Co., a consortium that includes ACWA Power, Saudi Electricity Co., and Haji Abdullah Alireza & Co. Ltd. The power plant will have technology for carbon capture. The project also includes construction of a 380-kW substation. Saudi Electricity Co. in February said it had signed a power purchase agreement with the Saudi Power Procurement Co. for the energy from the expansion project. The new facility provides more electricity in a region that includes the original Qurayyah IPP power station, a nearly 4-GW gas-fired plant that has operated since 2015. Osama Bishai, CEO of Orascom Construction, said, "We continue to deliver on our geographic diversification strategy with a particular focus on key sectors such as power and water. This project exemplifies the type of opportunities that we actively pursue where we can leverage our expertise to deliver high-quality projects and maximum value. It also builds on our success in the power sector most recently in Egypt, and we look forward to making a similar significant impact in Saudi Arabia. We are also pleased to partner with Técnicas Reunidas on this large-scale project and to extend our partnership in Saudi Arabia and the region." Qurayyah is among several projects being designed to increase Saudi Arabia's power generation from natural gas, as state-owned oil and gas company Aramco ramps up production. Those projects are being supported by international energy groups and engineering firms. Siemens Energy earlier in March was awarded a $1.6-billion project that has Harbin Electric International as the EPC contractor. That deal includes supplying technologies for the Rumah 2 and Nairyah 2 gas-fired power plants in Saudi Arabia. Those stations are located in the western and central regions of the country. Rumah 2 and Nairyah 2 will 3.6 GW of power generation capacity to the Saudi grid. The two plants initially will operate in simple-cycle mode, then transition to full operation as combined-cycle power plants by 2028. Orascom Construction PLC is a leading global engineering and construction contractor with a footprint covering the Middle East, Africa and the U.S., and operations encompassing the infrastructure, industrial, and commercial sectors. Orascom has projects either online or under construction in the Middle East and Africa with total generation capacity of more than 30 GW. That includes two 4.8-GW combined-cycle gas-fired facilities in Egypt. —Darrell Proctor is a senior editor for POWER.
CairoScene
20-03-2025
- Business
- CairoScene
Siemens Energy Invests $1.6 Billion In Renewable Energy Project
Located in the Western and Central regions of the Kingdom, the new power plants, Rumah 2 and Nairyah 2, will figure among the world's largest combined-cycle power plants. Siemens energy has secured a US $1.6 billion project to provide key technologies for the Rumah 2 and Nairyah 2 gas-fired power plants in Saudi Arabia. Harbin Electric International will be the EPC contractor for the project. Located in the Western and Central regions of the Kingdom, Rumah 2 and Nairyah 2 will figure among the world's largest combined-cycle power plants. They will replace aging oil-fired stations, reducing CO2 emissions by up to 60% compared to traditional oil-based power generation. The plants will add 3.6 gigawatts of power to the national grid, which will be enough to supply around 1.5 million homes. Siemens Energy will supply six SGT6-9000HL gas turbines, four SST6-500 steam turbines, eight SGen6-3000W generators, two SGen6-2000P generators and auxiliary equipment. Each site will generate approximately 1.8 gigawatts of electricity. Core components of the power plants will be manufactured at the Siemens Energy Hub in Dammam. Rumah 2 and Nariyah 2 will initially be integrated into the grid in simple cycle mode in 2027 and will transition to full operation as combined-cycle power plants by 2028. The project also includes long-term maintenance agreements to support the plants' operational reliability over the next 25 years.
Zawya
13-03-2025
- Business
- Zawya
Siemens Energy lands $1.6bln Saudi power plants deal
Siemens Energy, a global leader in energy technology, has been awarded a $1.6-billion project to provide technology for two Saudi gas-fired power plants - Rumah 2 and Nairyah 2 - located in in the country's western and central regions. These plants will add 3.6 gigawatts of power to the national grid – enough to supply around 1.5 million homes. Rumah 2 and Nairyah 2 will rank among the world's largest combined-cycle power plants. They will replace aging oil-fired stations, reducing CO2 emissions by up to 60% compared to traditional oil-based power generation. Additionally, the plants are being designed to be compatible with advanced CO2 capture and storage technologies, supporting Saudi Arabia's long-term emissions reduction goals, it stated. Harbin Electric International is the EPC contractor for the project which includes long-term maintenance agreements to support the plants' operational reliability over the next 25 years. Core components for the power plants will be manufactured at the Siemens Energy Dammam Hub, which is currently expanding to increase local production capacity and support Saudi Arabia's energy sector, said the German company in a statement. Under this contract, Siemens Energy will supply six SGT6-9000HL gas turbines, four SST6-5000 steam turbines, eight SGen6-3000W generators, two SGen6-2000P generators, and associated auxiliary equipment, with each site generating approximately 1.8 gigawatts of electricity. This order further strengthens its established presence in Saudi Arabia's Independent Power Producer (IPP) market, solidifying its role in delivering a significant share of Saudi Arabia's modern power generation. Building on the success of previous projects like Taiba 2 and Qassim 2 – which together add 4 gigawatts to the national grid – Siemens Energy continues to drive local manufacturing expansion and infrastructure modernization, playing a key role in the country's energy sector. "Supplying key technologies for the Rumah 2 and Nairyah 2 power plants directly supports Saudi Arabia's energy transition and its goal of achieving net zero emissions by 2060," remarked Ahmed ElSerry, Head of Gas Services Sales, Middle East. "By manufacturing critical components at our Siemens Energy Dammam Hub, this project further strengthens local production capabilities and builds expertise within the Kingdom, contributing to a more resilient energy sector," he noted. The Rumah 2 and Nairyah 2 will initially be integrated into the grid in simple cycle mode in 2027, transitioning to full operation as combined-cycle power plants by the following year, he added.- TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
12-03-2025
- Business
- Trade Arabia
Siemens Energy lands $1.6bn Saudi power plants deal
Siemens Energy, a global leader in energy technology, has been awarded a $1.6-billion project to provide technology for two Saudi gas-fired power plants - Rumah 2 and Nairyah 2 - located in in the country's western and central regions. These plants will add 3.6 gigawatts of power to the national grid – enough to supply around 1.5 million homes. Rumah 2 and Nairyah 2 will rank among the world's largest combined-cycle power plants. They will replace aging oil-fired stations, reducing CO2 emissions by up to 60% compared to traditional oil-based power generation. Additionally, the plants are being designed to be compatible with advanced CO2 capture and storage technologies, supporting Saudi Arabia's long-term emissions reduction goals, it stated. Harbin Electric International is the EPC contractor for the project which includes long-term maintenance agreements to support the plants' operational reliability over the next 25 years. Core components for the power plants will be manufactured at the Siemens Energy Dammam Hub, which is currently expanding to increase local production capacity and support Saudi Arabia's energy sector, said the German company in a statement. Under this contract, Siemens Energy will supply six SGT6-9000HL gas turbines, four SST6-5000 steam turbines, eight SGen6-3000W generators, two SGen6-2000P generators, and associated auxiliary equipment, with each site generating approximately 1.8 gigawatts of electricity. This order further strengthens its established presence in Saudi Arabia's Independent Power Producer (IPP) market, solidifying its role in delivering a significant share of Saudi Arabia's modern power generation. Building on the success of previous projects like Taiba 2 and Qassim 2 – which together add 4 gigawatts to the national grid – Siemens Energy continues to drive local manufacturing expansion and infrastructure modernization, playing a key role in the country's energy sector. "Supplying key technologies for the Rumah 2 and Nairyah 2 power plants directly supports Saudi Arabia's energy transition and its goal of achieving net zero emissions by 2060," remarked Ahmed ElSerry, Head of Gas Services Sales, Middle East. "By manufacturing critical components at our Siemens Energy Dammam Hub, this project further strengthens local production capabilities and builds expertise within the Kingdom, contributing to a more resilient energy sector," he noted.
