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Home2023

Year: 2023

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 …
Power

Saudi’s KEIR International awarded $80.53m Project from Saudi Electricity Company

October 2, 2023 Mohammad S
KEIR International, Saudi Arabia announced that it has awarded two contracts with the National Grid SA Company, a subsidiary of Saudi Electricity Company. The combined …
PPP

SWPC issued RFP for 605km Jubail – Buraydah IWTP

October 1, 2023 Mohammad S
Saudi Water Partnership Company (SWPC) announced in a statement that Request for Proposal (RFP) has been issued to the Pre Qualified Bidders of Jubail – …
Construction

DAMAC Awards Key Contracts Worth $160.1m for DAMAC Hills Master Development

October 1, 2023 Mohammad S
DAMAC Properties, a leading real estate developer in the UAE, announces the successful awarding of two significant contracts for its flagship master development, DAMAC Hills. …

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Oil and Gas

Saudi Steel Pipe awarded SAR 138.6m supply contracts from Aramco

February 6, 2024
Saudi Steel Pipe Co. (SSP) announced in a statement, that it has secured the contract for supply of oil and gas steel pipes from Saudi Aramco. …
Construction

UAE’s Bloom Holding awards Enabling Works for Bloom Living Project

August 24, 2022
Leading real estate development company, Bloom Holding, has announced the appointment of Edrafor Emirates LLC as the first contractor for enabling works of its fully …
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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 …
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