December 23, 2025
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Home2023

Year: 2023

The Red Sea Dev.

Red Sea Global partners with Saudi Airlines Catering Company

July 5, 2023 Mohammad S
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, announced in a statement that …
Finance

UAE’s Barakah Nuclear Energy Plant achieves refinancing milestone

July 4, 2023 Mohammad S
Barakah One Company PJSC (Barakah One) – a joint-venture of Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO) – has completed a …
Oil and Gas

ADNOC Gas Awards $1.34 Billion Contracts

July 3, 2023 Mohammad S
ADNOC Gas plc announced the award of $1.34 billion in contracts to Petrofac Emirates LLC and the Consortium between National Petroleum Construction Co. PJSC and …
Oil and Gas

UAE’s NPCC and C.A.T awarded $614.9 million Contract from ADNOC

July 3, 2023 Mohammad S
UAE’s National Petroleum Construction Company PJSC wholly owned by the National Marine Dredging Company PJSC and Consortium with C.A.T International LTD – Abu Dhabi Branch …
Hydrogen

AFRY and RINA undertaken Gulf-to-Europe Hydrogen Pipeline Study

July 2, 2023 Mohammad S
RINA, the inspection, certification and consulting engineering multinational, and AFRY, a European leader in engineering, design, and advisory services, have undertaken an initial study of …
NEOM

NEOM’s ENOWA appointed Consultant for Seven Solar PV Parks

July 2, 2023 Mohammad S
International engineering, digital, and project management services company Assystem announced in a statement that it has been appointed by ENOWA (NEOM) to conduct a suite …
Oil and Gas

Arabian Pipes awarded $97.3million Contracts

July 2, 2023 Mohammad S
Arabian Pipes Company, Saudi Arabia announced in a statement that it has awarded supply of steel pipes contract from Saudi Aramco. The value of the …
Oil and Gas

Petrofac awarded $700million EPC Contract from UAE’s ADNOC

June 30, 2023 Mohammad S
Petrofac, a leading international service provider to the energy industry, has been selected by the Abu Dhabi National Oil Company (ADNOC) subsidiary, ADNOC Gas Processing, …
Mining

Oman Signs Concession Agreement for Potash Ore Exploration, Mining

June 29, 2023 Mohammad S
The Ministry of Energy and Minerals, Oman signed a concession agreement in the mining sector for exploration and mining of potash ore in concession area …
Oil and Gas

Saipem awarded new contract for Aramco’s Marjan field

June 29, 2023 Mohammad S
Saipem announced in a statement that it has been awarded two new contracts, one for EPCI offshore activities in the Middle East and the other …

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Construction

Alfanar Projects Awarded EPC Contract for SEVEN’s Jazan Entertainment Complex

December 19, 2024
Saudi Entertainment Ventures (SEVEN), part of Qiddiya Investment Company (QIC), a wholly owned Public Investment Fund (PIF) entity, has announced its latest entertainment destination in …
Power

Al Toukhi Submits the lowest bid for Installation of 380kV Reactors

July 8, 2020
Saudi Electricity Company (SEC) announces the bid results for the project  “Installation of 380kV reactors at Wadi Ad Dawaser Substation”. A total of eight bidders …
Hydrogen

UAE, Japan sign agreements to help accelerate energy transition and tech adoption in industry

January 17, 2023
The UAE and Japan signed several agreements and memoranda of understanding (MoU) to help accelerate the energy transition and the adoption of technology in industry. …
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