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Home2022

Year: 2022

Petrochemical

TA’ZIZ, Proman partner to develop world-scale methanol facility in Ruwais

March 3, 2022 Mohammad S
Abu Dhabi National Oil Company (ADNOC) announced that it has signed an agreement with Proman, one of the world’s leading producers of methanol, to develop …
PPP

EWEC issues RFP for Shuweihat S4 Independent Water Project

March 3, 2022 Mohammad S
EWEC (Emirates Water and Electricity Company) UAE, announced that it has issued the Request for Proposals (RFP) to qualified companies and consortiums that had expressed …
Construction

UAE’s Arada awards $32.1m key contracts for Masaar

March 2, 2022 Mohammad S
Arada, UAE has announced the award of two contracts together valued at AED118 million at Masaar, the AED8billion richly forested megaproject located in the Suyoh …
Oil and Gas

Halliburton Opens First Oilfield Specialty Chemical Manufacturing Reaction Facility in Saudi Arabia

March 2, 2022 Mohammad S
Halliburton Company announced the opening of the Halliburton Chemical Reaction Plant – the first of its kind in Saudi Arabia to manufacture a broad range …
Construction

Lucid Group Gearing Up for First International Plant in Saudi Arabia

March 1, 2022 Mohammad S
Lucid Group, Inc., announced the signing of agreements with the Ministry of Investment of Saudi Arabia (MISA), the Saudi Industrial Development Fund (SIDF), and the …
Oil and Gas

Saudi Arabia announces discovery of new gas fields

February 27, 2022 Mohammad S
Saudi Aramco has discovered natural gas fields in four major areas around the Kingdom of Saudi Arabia as stated by Ministry of Energy. The four …
AMAALA

AMAALA Awards Contract for 20,000 employees accommodations

February 27, 2022 Mohammad S
AMAALA, the ultra-luxury destination located along Saudi Arabia’s north-western coast, announced in a statement that it has signed a major contract for the infrastructure development …
Power

L&T submits lowest bid of $143.5m for Substation and OHTL

February 25, 2022 Mohammad S
Saudi Electricity Company (SEC) received the bidders proposals for, Construction of Hail-4 380kV BSP and Construction of 380kV Overhead Transmission line for Taibah Power Plant. …
Petrochemical

UAE’s Borouge successfully starts up fifth Polypropylene unit

February 24, 2022 Mohammad S
Borouge, a joint venture between ADNOC and Borealis that provides innovative, value-creating polyolefin solutions, has announced the successful start-up of its new fifth polypropylene unit …
Finance

ACWA Power led consortium achieves financial close for the US$1.59 billion Red Sea Project

February 24, 2022 Mohammad S
A consortium led by ACWA Power, and composed of SPIC Huanghe Hydropower Development Company and Saudi Tabreed Cooling Company, has achieved financial close for the …

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Transport

Saudi Arabia Invite Bids for Manufacturing of 10 New Passenger Trains for the Northern Network

January 26, 2026
Saudi Arabia Railways (SAR) announced the issuance of a tender for the manufacturing of 10 new passenger trains for the Northern Network, as part of …
Power

KEC International awarded $169 million 380kV OHTL Contracts in Saudi Arabia

September 6, 2024
KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, India announces in a statement that it has secured new 380kV Overhead Transmission …
Oil and Gas

TotalEnergies and Algeria’s SONATRACH Signs Several Agreements

July 10, 2023
TotalEnergies announced in a statement that it has signed, several agreements to strengthen the cooperation between the two companies in the production of natural gas …
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