Oil and Gas
McDermott awards SAR450m Steel Pipes Supply Contract
Arabian Pipes Co. Saudi Arabia announced in a statement that, it won a project to supply steel pipes to McDermott Arabia Company Limited (MACL). The …
Year: 2022
Oil and Gas
OQ Gas Network, Gulf Petrochemicals Services Sign Agreement for Maintenance and Engineering Service
OQ’s Gas Network (OQGN) –One of OQ’s Assets- signed an agreement with Gulf Petrochemicals Services (GPS) for a maintenance and engineering service contract. As part …
Power
L&T awarded 380kV OHTL Contract in Saudi Arabia
The Power Transmission & Distribution Business of L&T Construction announced in a statement that it has bagged multiple orders in India and abroad. An order …
Construction
UAE’s Arada Awards two contracts valued at $123.6m
Arada has awarded two major contracts to build nine premium apartment blocks in Aljada, the 24 million square foot mixed-use megaproject located in the Muwaileh …
Power
Mitsubishi Awarded Service Agreement by Aluminium Bahrain BSC (Alba)
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), announced that it has signed a Long-Term Service Agreement (LTSA) with Aluminium Bahrain …
Press Releases
Egis completes acquisition of WME
After the announcement of the agreement to acquire WME earlier this year, Egis announces that they have successfully completed the acquisition of one of the …
Construction
Oman Signed agreement to Develop, Operate Khasab Port
The Ministry of Transport, Communications and Information Technology signed a framework agreement with International Container Terminal Company “Hutchison Ports Sohar” to develop, manage and operate …
Transport
Oman, UAE Sign $3bn Agreements to Set Up, Operate Railway Network
To the tune of $3 billion (RO 1.160 billion), Oman Rail—developer and operator of the national railway network in Oman—and Etihad Rail, developer and operator …
Construction
Saudi Arabia’s Mawani Signs SAR 900m Agreements
The Saudi Ports Authority (Mawani) announced in a statement that it has signed seven contracts and Memorandums of Understanding (MoUs) with partners from the public …
Power
ACWA Power signed MOU to establish Desalination facility and Power Plant in Senegal
ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, announced that it has signed Memorandum …