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Home2023February

Month: February 2023

Oil and Gas

Mitsui and Saudi Aramco to collaborate in Digital Infrastructure Projects

February 17, 2023 Mohammad S
Mitsui & Co., Ltd. announced in a statement that recently it had signed an MOU with Saudi Aramco, the world’s largest oil & gas company, …
Construction

Saudi Arabia Announces the New Murabba Development Company to Develop the World’s Largest Modern Downtown in Riyadh

February 16, 2023 Mohammad S
His Royal Highness Crown Prince Mohammad bin Salman bin Abdulaziz, Prime Minister and Chairman of the New Murabba Development Company (NMDC), announced today the launch …
Construction

Jacobs and JASARA appointed as Delivery Partner for NEOM’s THE LINE

February 15, 2023 Mohammad S
Jacobs and JASARA have been appointed by NEOM Company (NEOM) for THE LINE, its linear and cognitive city under development in the northwest of Saudi …
Construction

SNC-Lavalin secures Delivery Partner role for NEOM’s THE LINE

February 15, 2023 Mohammad S
SNC-Lavalin announced in a statement that it has been appointed as a Delivery Partner organization for THE LINE at NEOM in the Kingdom of Saudi …
Power

Dubai Municipality, DEWA sign PPA to buy electricity from Dubai Waste Management Centre

February 15, 2023 Mohammad S
In the presence of H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy (DSCE), and Abdullah Al Basti, Secretary-General …
Construction

Saudi’s Keir International awarded $18.3m contract for Qiddiya water theme park

February 14, 2023 Mohammad S
Keir International, Saudi Arabia announces receipt of the award letter for a Project related to the QIDDIYA WATER THEME PARK in Riyadh. The value of …
Construction

Saudi’s PIF Announces Investments in Four Leading Companies

February 14, 2023 Mohammad S
The Public Investment Fund today announced an investment reaching USD 1.3 billion by way of subscribing to new shares as part of the capital increases …
Mining

Saudi Arabia invites Pre-Qualifications for licensing of five exploration sites

February 14, 2023 Mohammad S
Ministry of Industry and Mineral Resources (MIM), Saudi Arabia announced the launch of the pre-qualification stage of the licensing for five exploration sites in the …
Construction

Saudi’s Binyah awarded $145m Contract from Diriyah Gate Company

February 14, 2023 Mohammad S
The Saudi Real Estate Company (Al Akaria) Announce awarding project to one of its subsidiaries Saudi Real Estate Infrastructure Company (Binyah) for Design and Build …
Power

Dubai commissions 1,113 11 kV distribution substations in 2022

February 13, 2023 Mohammad S
Dubai Electricity and Water Authority (DEWA) announced in a statement that it has commissioned 1,113 11kV substations across the Emirate of Dubai in 2022. This …

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Oil and Gas

UAE’s ADNOC Drilling and Masdar agree to explore geothermal energy opportunities

March 23, 2023
ADNOC Drilling Company PJSC has signed a five-year Memorandum of Understanding (‘’the MoU’’) with Masdar, one of the world’s leading clean energy companies. Under the …
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Weatherford awarded $20.9million contracts in Bahrain

May 3, 2021
Global Oil and Gas firm, Weatherford awarded four contracts by Tatweer Petroleum, Bahrain. The combined value of the contracts is BHD 7.8 million (USD 20.9 …
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UAE’s DAMAC Properties awards $74.3m Main Works Contract of DAMAC Lagoons Nice Cluster

November 15, 2022
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