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Home2023October

Month: October 2023

Oil and Gas

ADNOC Gas Signs LNG Supply Agreement with JERA valued between $500 -700 million

October 18, 2023 Mohammad S
ADNOC Gas plc, UAE, announced a multi-year liquified natural gas (LNG) supply agreement, valued between $500 million (AED1.8 billion) and $700 million (AED2.5 billion), with …
Construction

United Engineering awarded $136m Safa One development Contract from DAMAC

October 18, 2023 Mohammad S
UAE’s DAMAC Properties has announced the awarding of the main works package for its much-anticipated Safa One de GRISOGONO project. United Engineering Construction Co. LLC …
NEOM

NEOM announces Leyja, its latest tourism destination

October 16, 2023 Mohammad S
The Board of Directors of NEOM, the sustainable regional development taking shape in northwest Saudi Arabia, announced Leyja, its latest tourism destination, further strengthening and …
Construction

Saudi Arabia launches “Ardara” with development of “AlWadi” in Abha as flagship project

October 16, 2023 Mohammad S
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, Chairman of the Public Investment Fund (PIF), announced today …
Oil and Gas

KCA Deutag awarded $200 million contracts in the Middle East and Latin America

October 16, 2023 Mohammad S
KCA Deutag, a leading drilling, engineering and technology partner, has continued to solidify its global presence with the award of $200 million of land drilling …
Oil and Gas

Lamprell awarded two EPCI projects

October 16, 2023 Mohammad S
Lamprell announce that it was awarded two Engineering, Procurement, Construction and Installation (EPCI) contracts to be delivered within the GCC. The scope of work for …
Construction

China Harbour Company awarded earthworks Contract for New Murabba

October 15, 2023 Mohammad S
New Murabba Development Company announced in a statement that it has signed with China Harbour Engineering Co. Ltd, an earthworks excavation contract for the first …
Finance

ACWA Power achieves Financial close for projects with a combined value of over US$14 billion

October 14, 2023 Mohammad S
Saudi-listed ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, has marked a monumental 12-month …
Construction

Saudi Arabia Launches Master Plan For New Abha International Airport

October 14, 2023 Mohammad S
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Council of Economic and Development Affairs, …
NEOM

NEOM Showcases Progress for October 2023

October 14, 2023 Mohammad S
NEOM announced in a statement that, the construction of NEOM is now well underway, with significant development achieved since the last progress film was shared …

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Power

TotalEnergies and Altaaqa Sign MoU for EV Charging Cooperation in the Kingdom of Saudi Arabia

April 27, 2022
TotalEnergies and Altaaqa Alternative Solutions (“Altaaqa”, a Zahid Group Company) have signed a Memorandum of Understanding (MoU) to cooperate in delivering an integrated electric vehicle …
Miscellaneous

CEPCO Successfully Completes High-Voltage Testing of One of Riyadh’s Longest 380 kV Underground Cable Projects

January 29, 2026
Civil & Electrical Projects Contracting Co. (CEPCO) has proudly announced the successful completion of high-voltage (HV) testing on 22 January 2026, for one of the …
AMAALA

Parsons and Binyah secured contracts for AMAALA Triple Bay construction

June 9, 2020
Saudi Arabia’s AMAALA awarded the projects related to one of its development, Triple bay, an ultra-luxury destination located along northwestern coast of Saudi Arabia. Saudi …
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