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Home2023

Year: 2023

Transport

UAE’s AD Ports Group partners with Premier Marine to establish ‘SAFEEN Drydocks’

June 25, 2023 Mohammad S
AD Ports Group, a leading facilitator of global trade, logistics, and industry, and Premier Marine Engineering Services (Premier Marine), a UAE-based shipyard company specialising in …
Petrochemical

Hyundai E&C awarded $5 billion Contract to Build Petrochemical Plant in Saudi Arabia

June 25, 2023 Mohammad S
Hyundai Engineering & Construction has signed an agreement with Saudi Arabia’s state oil company Aramco to build a $5 billion petrochemical plant in the east …
Hydrogen

DEME, OQ Consortium Signed Oman’s Green Hydrogen Project

June 25, 2023 Mohammad S
DEME, a leading international contractor and developer, and OQ, a global integrated energy group, have signed a Project Development Agreement with Hydrom for the pioneering …
Petrochemical

Maire Tecnimont awarded $2bn Petrochemical Contracts in Saudi Arabia

June 24, 2023 Mohammad S
Maire Tecnimont S.p.A. (MAIRE) announces that its Integrated E&C Solutions subsidiaries Tecnimont and Tecnimont Arabia Limited have been awarded two lump-sum turn-key EPC contracts related …
Construction

Saudi Arabia Unveils Master Plan for Riyadh Expo 2030

June 24, 2023 Mohammad S
The Kingdom of Saudi Arabia unveiled the master plan for Riyadh Expo 2030 during an official reception organized by the Royal Commission for Riyadh City …
Oil and Gas

UAE’s ADNOC Drilling awarded $2 Billion Offshore Jack-up Contracts

June 24, 2023 Mohammad S
ADNOC Drilling Company PJSC, UAE confirmed the award of five 10-year contracts, totaling approximately $2 billion, in support of ADNOC Offshore’s growing drilling operations. The …
Oil and Gas

Aramco and TotalEnergies award contracts for $11 billion Amiral project

June 24, 2023 Mohammad S
Aramco and TotalEnergies today awarded Engineering, Procurement and Construction (EPC) contracts for the $11 billion “Amiral” complex, a future world-scale petrochemicals facility expansion at the …
Power

SEC completes SAR 1 bln Projects in preparations of Hajj

June 23, 2023 Mohammad S
Saudi Electricity Co. (SEC) completed Hajj season 2023 preparations for electrical services at the holy sites in Makkah and Madinah, under the supervision of Minister …
Construction

India’s Cyril Amarchand Mangaldas Advises Alfanar’s Construction of Residential Communities for NEOM

June 23, 2023 Mohammad S
Cyril Amarchand Mangaldas, India announced in a statement that it has advised Alfanar Global Development, a part of Alfanar Projects, on engineering procurement and construction …
Manufacturing

L&T inaugurates Heavy Wall Pressure Vessel Facility in Saudi Arabia

June 23, 2023 Mohammad S
Larsen & Toubro (L&T), an Indian multinational engaged in Infrastructure, Hi-Tech Manufacturing and Services with decades of distinguished proficiency in these domains augmented its commitment …

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Manufacturing

Oman’s United Solar Laid Foundation Stone for Polysilicon Project Worth $1.35 Billion

March 12, 2024
United Solar Holding Inc., Oman celebrated the laying of the foundation stone for its pioneering polysilicon factory project in Sohar Port and Freezone. This landmark …
Power

Siemens awarded Jebel Ali power and water station upgrade contract

November 23, 2020
Siemens Energy announced in a statement that it has won a contract from Dubai Electricity and Water Authority (DEWA) for the upgradation and expansion of …
Power

Saudi’s Alfanar and GE establishes JV to develop renewable energy projects in Spain

November 16, 2023
Alfanar Energia España (“Alfanar”) and GE Vernova’s Financial Services business have established a joint venture (“JV”) to develop renewable energy projects in Spain. The JV …
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