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Home2023July

Month: July 2023

Construction

UAE’s Arada launches Saro, seventh and final phase of Sharjah’s megaproject, Masaar

July 19, 2023 Mohammad S
Arada, UAE has launched Saro, the seventh and final phase of Masaar, the mega-residential woodland project in the Al Suyoh district of New Sharjah. The …
Oil and Gas

ADNOC Gas announces $7-9bn LNG Supply agreement with Indian Oil Corporation Ltd

July 19, 2023 Mohammad S
ADNOC Gas plc (ADNOC Gas), a world-class integrated gas processing company, announced a 14-year supply agreement with Indian Oil Corporation Ltd (IOCL) for the export …
Power

Aramco and OQ Technology Strengthen Ties with New Technology Connectivity MoU

July 19, 2023 Mohammad S
OQ Technology announces the signing of a new MoU with Aramco, further strengthening their existing collaboration and concentrating on automation and Satellite IoT connectivity for …
Hydrogen

UAE’s ADNOC to launch first high-speed hydrogen refueling station in Middle East

July 18, 2023 Mohammad S
ADNOC, UAE announced that it has begun construction on the Middle East’s first high-speed hydrogen refueling station. The station, which is being built in Masdar …
Oil and Gas

Aramco, TotalEnergies and SABIC complete MENA region’s first processing of oil from plastic waste to certified circular polymers

July 18, 2023 Mohammad S
Aramco, TotalEnergies, and SABIC have for the first time in the Middle East and North Africa successfully converted oil derived from plastic waste into ISCC+ …
Power

ACWA Power Signs MOU to allocate land for 10 GW wind project in Egypt

July 17, 2023 Mohammad S
ACWA Power, a Saudi-listed company and the world’s largest private water desalination company, the first mover into green hydrogen, and a leader in energy transition, …
Finance

Oman’s OQGN signs $1.2 billion financing agreements

July 17, 2023 Mohammad S
OQ Gas Networks (OQGN), Oman signed three financing agreements with 16 local and regional banks to the tune of USD 1.2 billion. Collectively, this financing …
Oil and Gas

Kuwait’s HEISCO awarded $300 million refinery maintenance Contract

July 17, 2023 Mohammad S
Heavy Engineering Industries & Shipbuilding Co. (HEISCO), Kuwait announced in a statement that it has received a letter of award for Mechanical Maintenance Services from …
Power

SEC, Hitachi Energy signs MOU for HVDC Projects

July 17, 2023 Mohammad S
Saudi Electricity Company (SEC) announced in a statement that, under the supervision of the Ministry of Energy, Saudi Electricity Company and Hitachi Energy signed a …
Power

Saudi’s KEIR Co. awarded $44.2m 110kV Cable Contracts

July 17, 2023 Mohammad S
KEIR International Co., Saudi Arabia announced in a statement that it has signed, two contracts for the extension of high-voltage underground cables with National Grid …

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Oil and Gas

NESR awarded $175 million Contracts

August 7, 2023
National Energy Services Reunited Corp. (NESR), an international, industry-leading provider of integrated energy services in the Middle East and North Africa (“MENA”) region, today announced …
Construction

IHG to open 12 Holiday Inn Express hotels across Saudi Arabia

May 20, 2023
IHG Hotels & Resorts announced in a statement that it has signed a Master Development Agreement (MDA) with Tashyid for Hotel Operations, which will see …
Oil and Gas

Oman LNG Signs Binding Term-sheet Agreements with Shell and OQ

August 30, 2023
Oman LNG has announced the signing of two binding term sheet agreements to supply 0.8 million metric tonnes per annum of LNG to Shell International …
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