King Salman Energy Park signs incubator as anchor tenant

An astist’s impression of the King Salman Energy Park. (SPA)
Updated 12 July 2019
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King Salman Energy Park signs incubator as anchor tenant

  • Plan to accelerate growth and small and medium-sized enterprises in the energy sector

LONDON: King Salman Energy Park (SPARK) has signed Dubai-based Oilfields Supply Center (OSC) as it anchor tenant.
Working in collaboration with Saudi Aramco, OSC will develop a business incubator called the Common User Supply Base (CUSB) to support the oil and gas industry in the Kingdom, the Dubai firm said in a statement it issued on Thursday.
The new venture aims to accelerate the growth of small and medium-sized enterprises in the energy sector. OSC plans to invest around $450 million over the next two years, contributing to SPARK’s objective of localizing more than 300 new industrial and service facilities.
The venture will also provide industrial buildings of various sizes to host companies and supply them with integrated services such as logistics, technical engineering services and business support.
Reckoned to be the first of its kind in the Kingdom and the largest in the region, the center will have a footprint of more than 1 million square meters and a potential expansion of an additional 500,000 square meters.

FASTFACT

SPARK occupies more than 50 square kilometers and will house approximately 300 industrial and service facilities.

“It will contribute to supply chain localization, boost job creation and support the overall advancement of the Kingdom’s energy sector,” said Saudi Aramco CEO Amin Nasser.
Both Aramco and SPARK, through different corporate initiatives, are driving the localization of jobs and supply chains within the energy sector.
Located in the Eastern Province of Saudi Arabia, between Dammam and Al-Hasa, SPARK occupies more than 50 square kilometers and will house approximately 300 industrial and service facilities.
About two thirds of the development consists of industrial land and a major logistics center, with the remainder made up of mixed-use residential, offices, training centers, hotels and other supporting facilities.


What We Are Reading Today: Yale Needs Women by Anne Gardiner Perkins

Updated 21 September 2019

What We Are Reading Today: Yale Needs Women by Anne Gardiner Perkins

  • The book is a historical novel based on the first females that were accepted and lived on campus at Yale

Yale Needs Women by Anne Gardiner Perkins is a historical novel based on the first females that were accepted and lived on campus at Yale starting the summer term of 1969.

“This is an academic work although written in a very accessible style for the average reader,” said a review in goodreads.com.

It said the book “started as a graduate paper and morphed into a dissertation over time.”

The review also said Perkins “really allows readers into the lives of several of the students and one administrator in particular.”

It said the author “straddles the line nicely between fitting in the comprehensive detailed research she managed and making it interesting enough that someone mighty think it was a novel.”

Perkins grew up in Baltimore and attended Yale University, where she earned her BA in history and was the first woman editor-in-chief of the Yale Daily News. 

She has spent her life in education, from urban high school teacher to elected school committee member. 

She has presented papers on higher education at leading conferences.

Although Yale Needs Women’s principal focus is on, well, women at Yale, Perkins also weaves in a lot of events that were also happening at the time and impacted Yale life, such at the Black Panther movement and the Vietnam War.