Construction
Darwish Engineering awarded $326.7 million Contract from DAMAC
DAMAC Properties, one of the leading luxury real estate developers in the Middle East, has awarded a contract worth AED 1.2 billion to Darwish Engineering …
Month: October 2023
Oil and Gas
Kent awarded PMC contract for New Gas Pipeline
Kent announced in a statement that it has been appointed as the Project Management Consultant (PMC) related to a new pipeline in the Northern Emirates. …
Oil and Gas
QatarEnergy and TotalEnergies signed LNG agreements
Affiliates of QatarEnergy and TotalEnergies signed two long-term LNG sale and purchase agreements (SPAs) for the supply of up to 3.5 million tons per annum …
Oil and Gas
L&T awarded Mega Contract in Middle East for Gas Compression Plants
The Hydrocarbon Business (L&T Energy Hydrocarbon – LTEH) of Larsen & Toubro (L&T) announced that it has recently secured a Letter of Intent for a …
Transport
Saudi Arabia Railways (SAR) partners with Alstom for Passenger Hydrogen Train
Saudi Arabia Railways (SAR), in partnership with Alstom, a global leader in smart and sustainable mobility, will operate and demonstrate the world’s first passenger hydrogen-powered …
Transport
PIF and SEC Announce the Launch of the Electric Vehicle Infrastructure Company
The Public Investment Fund (PIF) and Saudi Electricity Company (SEC) announced the launch of the Electric Vehicle Infrastructure Company. PIF will own a 75% stake …
Construction
Bahrain received lowest bid of $116m for Bilaj Al Jazayer Hotels and Residences Works
Bilaj Al Jazayer Real Estate Development W.L.L, Bahrain received the bidders proposals for the Main Contract Works Package of Bilaj Al Jazayer Hotels and Residences. …
Power
Bureau Veritas awarded Engineering Services Contract for 1425MW Al Kahfah Solar PV Power Plant
Bureau Veritas, a world leader in testing, inspection and certification, has been awarded by Ishaa Energy Renewable Company, a company owned by ACWA Power and …
Finance
QatarEnergy and Chevron Phillips Secures $4.4 billion Finance for Ras Laffan Petrochemicals Project
QatarEnergy and Chevron Phillips Chemical Company LLC (CPChem) announced that they have secured $4.4 billion financing for the Ras Laffan Petrochemicals project, a world scale …
Power
Saudi Arabia and India Signs MoU for Electrical Interconnectivity, Green Hydrogen Projects
His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Minister of Energy, and The Hon’ble Raj Kumar Singh, Minister of Power and New …