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Home2023October

Month: October 2023

Oil and Gas

QatarEnergy awarded offshore exploration block in Egypt

October 4, 2023 Mohammad S
QatarEnergy has been awarded a new exploration block offshore in the Arab Republic of Egypt as part of the 2022 EGAS International Bid Round. The …
Oil and Gas

Baker Hughes awarded $400million Electric-LNG Contract From ADNOC

October 4, 2023 Mohammad S
ADNOC announced, that it has awarded a contract, valued at more than US$400 million (AED 1.47 billion), to Baker Hughes, through its Nuovo Pignone International …
Oil and Gas

Qatar Lays the foundation stone of the North Field expansion project

October 3, 2023 Mohammad S
His Highness Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar, laid the foundation stone of the North Field expansion project, which …
Construction

PIF Announces “Al Balad Development Company” to Develop Jeddah’s Historic District

October 3, 2023 Mohammad S
The Public Investment Fund (PIF), Saudi Arabia has announced the establishment of Al Balad Development Company (BDC). The company will become the main developer of …
Power

NESMA awarded Substation Contracts Worth $213 million in NEOM

October 3, 2023 Mohammad S
Nesma Infrastructure & Technology (NIT), Saudi Arabia has won additional projects with the Saudi Electricity Co. to design, build and commission two transmission substations along …
PPP

DEWA and ACWA Power Signs agreements for $914m Hassyan Sea Water Desalination Project

October 3, 2023 Mohammad S
Dubai Electricity and Water Authority (DEWA), signed a 30-year water purchaser agreement with Saudi Arabia’s ACWA Power for phase 1 of the Hassyan sea water …
Oil and Gas

ADNOC, Occidental Signed agreement for direct air capture project in UAE

October 3, 2023 Mohammad S
ADNOC and Occidental announced an agreement to undertake a joint preliminary engineering study for the construction of the first megaton-scale direct air capture (DAC) facility …
Oil and Gas

Petrofac awarded $615 million Integrated Carbon Capture Projects in UAE

October 3, 2023 Mohammad S
ADNOC Gas plc (ADNOC Gas), UAE, a large-scale integrated gas processing company, announced today it has awarded a $615 million (AED2.26 billion) Engineering, Procurement and …
Construction

Kuwait’s Combined Group awarded $59.4m Infrastructure Contract in UAE

October 2, 2023 Mohammad S
Combined Group Contracting (CGC) Company Emirates L.L.C., a subsidiary of Combined Group Contracting Company, Kuwait announces in a statement that it has awarded a new contract …
Hydrogen

Eden Signs World’s First Agreement to Study and Demonstrate the Potential of Stimulated Geologic Hydrogen in Oman

October 2, 2023 Mohammad S
Eden, a leader in sustainable natural resource recovery, announced that it has signed a Memorandum-of-Understanding with the Oman Ministry of Energy and Minerals (“MEM”) to …

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Construction

Marriott Inks Agreement With Rua Al Madinah Holding Company to Open Eight Hotels in Saudi Arabia

March 21, 2023
Marriott International, Inc. announced that it has signed an agreement with Rua Al Madinah Holding Company to open eight hotels in the Holy City of …
PPP

ACWA Power to develop $677.3m Desalination Project in Saudi Arabia

April 14, 2023
ACWA Power announced in a statement that it has signed water purchase agreements for the 600,000 cubic metre per day Rabigh 4 Independent Water Plant …
Construction

UAE’s Jubail Island awards $108.9 million construction contract for ‘Jubail Town Centre’

September 23, 2024
Jubail Island Investment Company (JIIC), UAE has awarded the construction contract for the Jubail Town Centre in Souk Al Jubail, the commercial and retail hub …
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