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Home2023

Year: 2023

Transport

Oman and Etihad Rail Company, Jindal partner to establish sustainable logistics solution

August 3, 2023 Mohammad S
Oman and Etihad Rail Company (OERC) signed a Memorandum of Understanding (MoU) with Jindal Shadeed Iron & Steel (Jindal), a leading integrated steel producer in …
Oil and Gas

ADNOC and Occidental to Evaluate Carbon Management Projects in the UAE and US

August 1, 2023 Mohammad S
ADNOC and Occidental today announced they have signed a strategic collaboration agreement (SCA) to evaluate potential investment opportunities in carbon dioxide (CO2) capture and storage …
Power

Hyundai E&C awarded $145 million Saudi HVDC Power Transmission Line

August 1, 2023 Mohammad S
Hyundai Engineering & Construction (Hyundai E&C) has secured a contract to construct a high voltage direct current (HVDC) transmission line in Saudi Arabia. As per …
Oil and Gas

Arabian Drilling awarded New Land Rigs Contracts Over SAR 3 billion

July 31, 2023 Mohammad S
Arabian Drilling Company, one of the largest national onshore and offshore drilling contractor in Saudi Arabia, announced multiple contracts awards from Aramco for ten (10) …
Power

UAE’s Masdar explores developing 2GW clean energy in Malaysia

July 31, 2023 Mohammad S
Abu Dhabi Future Energy Company (Masdar) and Citaglobal Berhad have signed a memorandum of understanding (MoU) for developing renewable energy projects across solar, Battery Energy …
Power

Dubai commissions 676 11 kV distribution substations in H1 2023

July 28, 2023 Mohammad S
Dubai Electricity and Water Authority (DEWA) has commissioned 676 11kV distribution substations across Dubai in the first half of 2023. The construction of the substations …
Power

Oman Inks MoU with Saudi Public Investment Fund to Expand Cooperation, Investments

July 28, 2023 Mohammad S
Oman Investment Authority (OIA) signed a memorandum of understanding (MoU) with the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia (KSA) to enhance …
Oil and Gas

UAE’s NPCC awarded AED 805 million Contract from ADNOC

July 27, 2023 Mohammad S
National Petroleum Construction Company PJSC (NPCC) wholly owned by the National Marine Dredging Company PJSC announced in a statement that it has received a letter …
Oil and Gas

Kuwait’s HEISCO Signed $59.8m Contract

July 26, 2023 Mohammad S
Heavy Engineering Industries & Shipbuilding Co. (HEISCO), Kuwait announced in a statement that it has signed a new Contract with Kuwait Oil Company (KOC). The …
Oil and Gas

SLB awarded Contracts in Saudi Arabia, Qatar and Kuwait

July 26, 2023 Mohammad S
SLB, USA announced the awarding of contracts across Gulf Countries as part of its Second-Quarter 2023 Results. In Saudi Arabia, SLB received a contract award …

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Construction

UAE’s Aldar Awards Development Contracts Valued at Over AED 22 Billion in 2023

February 7, 2024
Aldar Properties (“Aldar”) has announced the awarding of 49 contracts, totalling AED 22 billion, for a series of projects, including infrastructure, residential, commercial, and mixed-use …
Water

Saudi Arabia’s Shuqaiq 3 IWP awarded to Developer

January 29, 2019
29-Jan-2019: The Minister of Environment, Water and Agriculture, Chairman of the Board of Directors of Water and Electricity Company (WEC), Abdulrahman bin Abdul Mohsen Al …
Image used for illustrative purpose.
Construction

Tamear awarded $160m Housing contract in Saudi Arabia

July 4, 2021
The Real Estate Construction Company, “Tamear”, wholly owned by Saudi Real Estate Company (Al Akaria) announced in a statement that it has awarded construction of …
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