May 1, 2026
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Home2024January

Month: January 2024

Construction

CGC Kuwait awarded $51.7 million Project in UAE

January 22, 2024 Mohammad S
Combined Group Contracting (CGC), Kuwait announced in a statement that its subsidiary has received letter of award for a Project in United Arab Emirates. The …
Power

Nesma awarded $80 million Substation Project

January 22, 2024 Mohammad S
Nesma Infrastructure & Technology (NIT) signed a significant contract with the Saudi Electricity Company (SEC). The Project is related to construction of the Farasan Island …
Construction

UAE’s NMDC awarded $56.9 million Contract by ADNOC

January 22, 2024 Mohammad S
National Marine Dredging Company (NMDC), UAE announced in a statement that it has received a Letter of Award from Abu Dhabi National Oil Company (ADNOC). …
Construction

Majid Al Futtaim awards $816.8 Million Contracts for Its Flagship Destination, Tilal Al Ghaf

January 22, 2024 Mohammad S
Majid Al Futtaim Development, part of Majid Al Futtaim, has today announced the breaking of ground across two upcoming residential features in its flagship lifestyle …
Oil and Gas

Técnicas Reunidas and Sinopec awarded $3.3 Billion Contracts by Saudi Aramco

January 22, 2024 Mohammad S
Saudi Aramco, one of the world’s largest energy companies, has awarded a joint venture formed by the Spanish company Técnicas Reunidas and the Chinese Sinopec …
Oil and Gas

SLB awarded New Contracts in GCC

January 21, 2024 Mohammad S
SLB, USA announced the awarding of contracts across Gulf Countries as part of its fourth-quarter and full-year 2023 Results. In the Kingdom of Saudi Arabia, …
Construction

Oman Lay Foundation Stone for $383.8 Million Cultural Complex

January 21, 2024 Mohammad S
His Majesty Sultan Haitham bin Tarik today presided over a ceremony to lay the foundation stone of Oman Cultural Complex project and the building of …
Petrochemical

SABIC announces Final Investment Decision to develop $6.4 Billion Petrochemical complex in China

January 21, 2024 Mohammad S
Saudi Basic Industries Corporation (SABIC) announces the final investment decision (FID), enabling it to move forward with developing a world scale Petrochemical complex located in …
Power

Dubai commissions fourteen 132kV Substations at a cost of $408.4 million

January 21, 2024 Mohammad S
Dubai Electricity and Water Authority (DEWA) inaugurated fourteen new 132kV substations in 2023 with a conversion capacity of 2,100 megavolt amperes. DEWA also installed 120 …
Power

GE Vernova completes modernization of 4 gas turbines at Kuwait’s Sabiya power plant

January 20, 2024 Mohammad S
In a significant milestone for Kuwait’s power generation sector, the Ministry of Electricity, Water and Renewable Energy has announced the successful completion of the upgrades …

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Valaris awarded jackup extension in Saudi Arabia

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Us based Valaris Limited announced in a statement that it has been awarded a 211-day extension to its bareboat charter agreement with ARO Drilling for …
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Masdar, Iberdrola signs agreement to co-invest up to €15bn in offshore wind, green hydrogen projects

December 5, 2023
Global green energy giants Iberdrola and Masdar announced today, at the UN Climate Change Conference (COP28) in Dubai, a €15 billion strategic partnership agreement to …
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KCA Deutag awarded Contracts in Oman

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KCA Deutag announced that it has secured contract awards and extensions in Oman, Northern Iraq and Europe worth more than $85 million. In Oman, three …
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