ABB is planning to establish a $10m power transformer factory.
The Egyptian Electricity Transmission Company (EETC) invited six Egyptian and International companies to build four transformer stations with $250m in investments.
Head of the Egyptian Electricity Transmission Company (EETC) will meet with Siemens, ABB and Alstom companies to discuss the transformer tender of the $1.6b Egyptian-Saudi electricity linkage project.
Swiss ABB has won a contract worth $11b for the 1,850km Trans-Anatolian Natural Gas Pipeline (TANAP) to deliver Azerbaijan's natural gas from the Shah Deniz 2 field in the Caspian Sea to Europe.
The 11th GCC-CIGRE International Conference was launched on Tuesday in Jeddah, Saudi Arabia, stretching from November 3-5.
ABB, the leading power and automation technology group, has won a $60 million contract from Shell Gas Iraq B.V. to build a new power plant in southern Iraq.