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Home2023

Year: 2023

Oil and Gas

NESR awarded $175 million Contracts

August 7, 2023 Mohammad S
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 …
NEOM Green Hydrogen Project

NEOM: L&T awards 2.2 GW PV Inverter and 600 MWh ESS Solutions to Sungrow

August 7, 2023 Mohammad S
Sungrow, announced in a statement that it has signed a contract with Larsen & Toubro to supply inverter skid solutions for a 2.2 GWac PV …
Construction

Saudi’s SEVEN Breaks Ground for SAR 1.3 Billion Entertainment Destination in Almadinah

August 6, 2023 Mohammad S
Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Public Investment Fund (PIF), has announced its construction work on its new entertainment destination in …
Power

AETCON awarded $155 million NEOM’s HVDC Power Transmission Line

August 6, 2023 Mohammad S
Arabian Electrical Transmission Line Contracting (AETCON), Saudi Arabia has secured a contract to construct a high voltage direct current (HVDC) transmission line in Saudi Arabia. …
Water

Saudi’s NWC Awards SAR1.6 Billion Manfouha Treatment Plants O&M Contract to AlKhorayef Company

August 6, 2023 Mohammad S
The National Water Company (NWC) announced that it has awarded a Long-Term Operation and Maintenance (LTOM) contract for the rehabilitation, operation and maintenance of sewage …
Manufacturing

Firms signed agreement for Green Batteries, Power Generators factory

August 6, 2023 Mohammad S
GL Holding (GLH) announced the signing of a partnership agreement with Urban Mobility Systems (UMS), a leading Dutch company in the green energy sector, to …
Oil and Gas

UAE’s ADNOC to acquire 30% equity stake in Absheron gas field

August 4, 2023 Mohammad S
Abu Dhabi National Oil Company (ADNOC), the State Oil Company of Azerbaijan (SOCAR) and TotalEnergies today announced a strategic transaction that will see ADNOC acquire …
Power

Ajlan & Bros Holding and SolarEdge Technologies form JV

August 3, 2023 Mohammad S
SolarEdge Technologies, Inc. (SolarEdge), a global leader in smart energy technology, announced the forming of a joint venture (JV) with Ajlan & Bros Holding (ABH), …
Construction

UAE’s Arada awards AED395 million contract to build Nasaq District

August 3, 2023 Mohammad S
Arada has awarded a major contract to build Nasaq District, a cluster of six upscale apartment buildings located within the master plan of Sharjah’s largest …
Manufacturing

DUBAL Holding, Oriental Copper to manufacture high-quality copper products in UAE

August 3, 2023 Mohammad S
DUBAL Holding, the investment arm of Dubai Government in the commodities, mining, power, energy, and industrial sectors, has signed a Memorandum of Understanding (MoU) with …

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QatarEnergy, Japan’s ENEOS Signs agreement for 9 Million tons of Naphtha

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