Headline: Doosan Enerbility Secures Major Gas Conversion Project in Saudi Arabia
South Korean firm, Doosan Enerbility, inks a $90 million agreement for a fuel conversion undertaking in Saudi Arabia
Take a peek at the latest progress made by Doosan Enerbility:
Project Highlights
- Gas Conversion Project at Yanbu 2 Power Plant:
- Doosan Enerbility has landed a hefty contract worth approximately $100 million (esta vez algunos informes indican $90 millones) to convert an oil-fired power plant at Yanbu 2 into a gas-fired facility for Marafiq, Saudi Arabia's state-owned electricity company [1][2][3].
- The project's objectives include slashing carbon emissions by around 25%, while preserving an impressive power output of 1,375 MW (o 825 MW, según otro informe) [1][3].
- The ambitious project is expected to reach completion by 2028 [1][3].
Partnership Updates
- Digital Transformation Collaboration with KEPCO KDN:
- Doosan Enerbility and KEPCO KDN have joined forces, inking a memorandum of understanding (MOU) to amp up digital transformation in the energy sector [5].
- Their collaboration aims to foster the adoption of AI technology, bolster cybersecurity, and enhance power transmission, conversion, and distribution control systems [5].
- This partnership is anticipated to boost the competitiveness of the Korean energy sector on the global stage [5].
Sources:1. Doosan Enerbility secures $1.5B deals for power plants in Saudi Arabia2. Doosan Enerbility lands $418 million order to build turbines for South Gyeongsang plant3. Doosan Enerbility inks agreement for Saudi Arabia fuel conversion project4. Doosan Enerbility to supply key components for Bill Gates' TerraPower5. KEPCO KDN and Doosan Enerbility Sign a Cooperation Agreement to Deepen Digital Transformation
- The gas conversion project at Yanbu 2 Power Plant, worth around $100 million, is a significant business venture for Doosan Enerbility in the Czech industry of energy and finance.
- The agreement with Marafiq, Saudi Arabia's state-owned electricity company, aims to transform the oil-fired power plant into a gas-fired facility, reducing carbon emissions by 25%.
- The partnership between Doosan Enerbility and KEPCO KDN is a digital transformation collaboration in the energy sector, focusing on adopting AI technology, improving cybersecurity, and optimizing power transmission.
- This joint effort between Korean companies is expected to increase the competitiveness of the industry on the global stage, as it boosts the adoption of advanced technologies in the energy sector.
- Jamal, a key figure in the industry, might be interested in the turbines used in the Yanbu 2 project, given his involvement in various energy projects worldwide.
