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Home2023July

Month: July 2023

Oil and Gas

UAE collaborates with DNV to establish Maritime Decarbonisation Centre

July 23, 2023 Mohammad S
In a groundbreaking move that solidifies the UAE’s status as a global leader in sustainability and energy transition, the UAE Ministry of Energy and Infrastructure …
Construction

Tabreed Oman awarded Construction of the Central Cooling Plant for Innovation Park

July 23, 2023 Mohammad S
The Ministry of Higher Education, Research and Innovation, Oman signed a Strategic Partnership Agreement with Tabreed Oman SAOC (the leading operator of sustainable district cooling …
Hydrogen

ACME Group achieved financial closure of $488m for the first phase of Green Hydrogen Project in Oman

July 23, 2023 Mohammad S
Diversified renewable energy company ACME Group, India announced securing Rs 4,000 crore loan (USD 488 million) from one of the India’s largest green infrastructure financial …
Power

Dubai’s Waste to Energy facility Connects to Grid

July 23, 2023 Mohammad S
Hitachi Zosen Inova (HZI) and its joint venture partner BESIX (Belgium) have successfully delivered a further milestone for the Dubai Waste to Energy. As the …
Oil and Gas

Aramco completes $3.4bn purchase of China’s Rongsheng Petrochemical stake

July 21, 2023 Mohammad S
Aramco, one of the world’s leading integrated energy and chemicals companies, has successfully closed a landmark transaction to acquire a 10% interest in Rongsheng Petrochemical …
Oil and Gas

Robt. Stone awarded EPC Contract for Miscellaneous Works by ADNOC Onshore

July 21, 2023 Mohammad S
ROBT.STONE (ME) LLC, UAE announce that  it has been awarded with an EPC Contract “EPC for Miscellaneous Works at TPO” by ADNOC Onshore. The project …
NEOM

IHG Hotels & Resorts signed franchise agreement with NEOM

July 20, 2023 Mohammad S
IHG® Hotels & Resorts, one of the world’s leading hotel companies, with 6000 hotels across 18 brands, has signed a franchise agreement that will see …
Mining

Saudi Arabia Invites Investors to Explore Mineral at Umm Hadid, Bir Umq and Jabal Sahabiyah Sites

July 20, 2023 Mohammad S
The Saudi Ministry of Industry and Mineral Resources has organized site visits for international and local qualified bidders in the fourth cycle of the licensing …
Power

ADNOC and JERA to cooperate in Clean Hydrogen and Ammonia Fields

July 20, 2023 Mohammad S
JERA Co., Inc. (JERA) has concluded a Strategic Collaboration Agreement (SCA) with ADNOC, related to cooperation in the clean hydrogen and ammonia fields. UAE has …
Hydrogen

PIF and JERA Sign an MOU for the Development of Green Hydrogen Projects

July 20, 2023 Mohammad S
JERA Co., Inc. (JERA) has signed a Memorandum of Understanding (MOU) with the Public Investment Fund. (PIF). The MoU will drive cooperation between the two …

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Construction

UAE: Dutco Awarded Main Construction Contract for ENARA by OMNIYAT

February 16, 2026
UAE’s OMNIYAT has announced a major construction milestone for its prestigious commercial development, ENARA by OMNIYAT. Following the completion of enabling works, Dutco has been …
Construction

Kuwait’s Combined Group awarded $40.2 million Contract in Saudi Arabia

October 19, 2024
Combined Group Contracting (CGC), Kuwait announced in a statement that it’s branch in Saudi Arabia has awarded Civil Works contract. The value of the contract …
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Penspen signs Renewable Energy-focused framework agreements in Saudi Arabia

January 29, 2025
Penspen announces a positive finish to the fiscal year with $120 million awarded in new contracts during the second half of 2024, a 14% increase …
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