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Home2023

Year: 2023

Power

HEISCO Kuwait awarded $443 million Power Plant Rehabilitation Project

December 11, 2023 Mohammad S
Heavy Engineering Industries & Shipbuilding Co. K.S.C. (HEISCO), Kuwait announced in a statement that it has awarded a Rehabilitation Project at Az-Zour South Power & …
NEOM

Saudi Archirodon and DEME consortium awarded Dredging Contract for Port of NEOM

December 11, 2023 Mohammad S
A consortium of Saudi Archirodon and DEME has been awarded the second phase of transformation work for the Port of NEOM, the primary seaport of …
Qiddiya

Saudi Arabia unveils urban design, branding of Qiddiya City

December 10, 2023 Mohammad S
His Royal Highness Prince Mohammad bin Salman bin Abdulaziz, Crown Prince, Prime Minister and Chairman of the Board of Directors of the Qiddiya Investment Company …
Construction

Oman Signs Concession Agreement for Muscat International Airport Free Zone

December 10, 2023 Mohammad S
The Public Authority for Special Economic Zones and Free Zones (OPAZ), Oman and Asyad Group signed a momentous concession agreement to kick off the development …
Construction

Zamil awarded $153.3m Construction Contract

December 10, 2023 Mohammad S
Zamil Steel Construction Company, a fully owned subsidiary of Zamil Industrial Investment Company, announced in a statement that it has signed a contract with SAMI …
Water

Alkhorayef Signs $582.3m O&M Contracts from NWC

December 10, 2023 Mohammad S
Alkhorayef Water and Power Technologies Co., Saudi Arabia announces the Signing of Long-Term O&M Contract for Sewage Treatment Plant Package 6  Heet and Al-Hayer in …
Power

SEC partners with Alfanar, GE Vernova to run PP10 on natural gas

December 6, 2023 Mohammad S
GE Vernova’s Gas Power business announced it has begun the execution of the fuel conversion project for Saudi Electricity Company’s (SEC’s) Power Plant 10 (PP10), …
Power

Masdar signs Agreements for 1GW Wind and potential Green Hydrogen Plant in Jordan

December 6, 2023 Mohammad S
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a joint development agreement with the Jordanian Ministry of Energy …
Power

Dubai inaugurates world’s largest CSP project, as part of Mohammed bin Rashid Al Maktoum Solar Park

December 6, 2023 Mohammad S
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated the largest concentrated …
Hydrogen

ACWA Power to develop the largest Green Hydrogen facility in Indonesia

December 6, 2023 Mohammad S
ACWA Power, Saudi Arabia is set to develop in the largest green hydrogen facility in Indonesia with PT Perusahaan Listrik Negara (PLN), Indonesia’s state-owned electricity …

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China Power Engineering awarded EPC Contract for Oman’s Ibri III IPP Project

November 26, 2025
Masdar (Abu Dhabi Future Energy Company), UAE announces that it has reached a key development milestone for the Ibri III Independent Power Project with the …
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Al-Babtain Contracting Company secures an order of $15.14 million for 115kV Underground Cable Project

November 3, 2019
Saudi Electricity Company (SEC) awarded the project “Power Supply to Khafji Joint Operations 115/13.8kV Substation- Underground Cable Portion” The project location is in Khafji, eastern …
Finance

Saudi Arabia’s Advanced Petrochemical announces the financial close of SAR 6.1bn for PDH and PP Plant

December 6, 2022
Advanced Petrochemical Company, Saudi Arabia announces the financial close for the financing of SR 6.1 Billion Shari’ah Compliant Islamic Facilities by Advanced Polyolefins Industry Company …
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