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Home2023

Year: 2023

Oil and Gas

Oman’s OQ Inaugurates Bisat Oil Field

January 26, 2023 Mohammad S
OQ Group today inaugurated the commissioning of Bisat oil field located at Block 60 concession area. The ceremony was held at Oman Convention and Exhibition …
Water

Saudi Arabia receives expression of interest for Jubail 4 & 6 Independent Water Project

January 26, 2023 Mohammad S
Saudi Water Partnership Company S.M.L.L.C (SWPC) announced the receipt of expressions of interest (EOI) in respect of the potential development of an Independent Water Project …
Construction

Marubeni, Ajlan & Bros and United District Energy forms JV for District Cooling Business in Saudi Arabia

January 26, 2023 Mohammad S
Marubeni Corporation, together with Ajlan & Bros for Trading and United District Energy International LLC (UDEI), announced in a statement that the firms intend to …
Construction

Red Sea Global announces Commercial Close on $288m Al Mutlaq Group Joint Venture Debt Financing

January 25, 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 …
Power

Projects awarded during December 2022 in Gulf Countries

January 24, 2023 Mohammad S
Following are the major projects awarded during the month of December 2022 across Gulf countries. The projects covers the Power, Water, Construction, Transport Petrochemical and …
Construction

Saudi’s PIF signs MoU with Samsung C&T Corporation

January 24, 2023 Mohammad S
Public Investment Fund (PIF), Saudi Arabia announced in a statement that it has signed an MoU with Samsung C&T Corporation Engineering & Construction Group . …
Petrochemical

Emerson Selected to Automate Largest Ethane Cracker in Middle East

January 24, 2023 Mohammad S
Global software and engineering leader Emerson announced in a statement that it will provide automation technologies, software and analytics for the Ras Laffan Petrochemical Complex …
Power

Elsewedy Cables Qatar wins more than $329m contract with Kahramaa

January 24, 2023 Mohammad S
Aamal Company Q.P.S.C. (“Aamal”), Qatar announced that Elsewedy Cables Qatar– Owned subsidiary of Senyar Industries Qatar Holding W.L.L.by 73.4%, one of Qatar’s leading industrial groups …
Oil and Gas

Technip Energies Awarded Contract to Upgrade Aramco’s Sulfur Recovery Facilities at Riyadh Refinery

January 24, 2023 Mohammad S
Technip Energies as part of its long-term agreement with Aramco – has been awarded a contract to upgrade sulfur recovery facilities at Aramco’s Riyadh Refinery. …
Construction

Yotel announces first hotel in NEOM’s OXAGON

January 24, 2023 Mohammad S
YOTEL – a global hospitality brand announces its first hotel signing Saudi Arabia. Scheduled to open in 2025, the YOTEL property will also be the …

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Oil and Gas

UK’s Synectics awarded Specialist Camera Stations Contract for Zuluf Development Programme

August 31, 2023
Synectics has been awarded a contract to supply specialist camera stations for Saudi Aramco’s Zuluf development programme. The Zuluf field is approximately 40 kilometres off …
Construction

AD Ports Group signs Agreement to develop and operate Safaga Port in Egypt

March 18, 2023
AD Ports Group, the leading facilitator of global trade, logistics, and industry, today announced the signing of a concession agreement to develop and operate a …
Power

Raissy awarded $35 million MAADEN BARRICK COPPER Co. 110/13.8kV Substation Project

February 23, 2025
Raissy Trading & Contracting Co. Ltd., Saudi Arabia announces that it has awarded MAADEN BARRICK COPPER Co. 110/13.8kV Substation Project in Madinah Region. The value …
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