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FINANCIAL NEWS
Yokogawa wins contract in Saudi Arabia
30 Sep 2010
(MENAFN) Yokogawa has won an order from Hanwha Engineering to supply control systems for boilers, turbines, and auxiliary facilities of units 5 and 6 (2 x 275 MW) at the Marafiq thermal power plant in Saudi Arabia, according to a press release.
Marafiq, which was established in 2003 as the first private utility company in Saudi Arabia, supplies electric power and water to the country�s industrial cities. Units 5 and 6 of the Marafiq thermal power plant will be powered by fuel oil and are being constructed in the Yanbu industrial city. The plant is scheduled to start operation in 2012.
For this thermal power plant, Yokogawa will be supplying Centum VP series integrated production control systems, ProSafe-RS safety instrumented systems, PRM integrated device management software packages for remote monitoring and diagnosis of plant equipment, and Exaquantum plant information management systems.
Yokogawa Electric Korea and Yokogawa Middle East will work together on the provision of delivery, engineering, installation, and commissioning services.
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BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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