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Home2024February

Month: February 2024

Petrochemical

Advanced Petrochemical Company’s Subsidiary awards $191.2 Million Isopropanol Plant Contrat

February 18, 2024 Mohammad S
Advanced Petrochemical Company (ADVANCED) announced that, Advanced Polyolefins Industry Company has signed Engineering, Procurement and Construction Contracts (EPC) for the construction of an Isopropanol (“IPA”) …
Construction

Rua Al Madinah Holding Signs Contracts Worth More Than SAR 300 Million

February 17, 2024 Mohammad S
Rua Al Madinah Holding announced in a statement that it has signed two contracts worth more than 300 million riyals with several international consultancy firms …
Oil and Gas

Qatar’s UCC Holding signs contracts for seven energy projects in Kazakhstan

February 16, 2024 Mohammad S
Qatar’s UCC Holding announced in a statement that it has signed two energy contracts for seven projects. The first contract with QazaqGas comprises of two …
Construction

Saudi’s ROSHN awards Contracts for ALFULWA Community

February 15, 2024 Mohammad S
ROSHN, Saudi Arabia announced in a statement that it has signed three contracts with local partners, formalizing new collaborations to enhance its delivery of transformative …
Construction

Oman awards Contracts over $2.5 Billion For the Sultan Haitham City (SHC) Project

February 15, 2024 Mohammad S
The Ministry of Housing and Urban Planning, Oman signed more than 35 development and partnership agreements for the Sultan Haitham City (SHC) project, in its …
Construction

Jacobs Awarded Lead Design Consultant Contract from Rua Al Madinah Holding

February 15, 2024 Mohammad S
Jacobs (NYSE:J) has been appointed by Rua Al Madinah Holding Company as the Lead Design Consultant for a major urban development project in Al Madinah …
Power

Dubai Municipality, BESIX, Emirates National Oil Company, and Marubeni join forces to boost Sustainable Aviation Fuel usage

February 14, 2024 Mohammad S
BESIX, a pioneer in sustainable waste solutions and a key player in the region’s energy transition, proudly announces the signing of a Memorandum of Understanding …
Transport

UAE’s AD Ports Group signs agreements with Gujarat Maritime Board and RITES Limited

February 14, 2024 Mohammad S
AD Ports Group has signed strategic MOU with Gujarat Maritime Board, and RITES Limited, a certified multi-disciplinary transport and infrastructure company. The agreements mark a …
Oil and Gas

UAE’s ADNOC and bp to Form Gas Joint Venture

February 14, 2024 Mohammad S
ADNOC and bp announced that they have agreed to form a new joint venture (JV) in Egypt. The JV (51% bp and 49% ADNOC) will …
Power

ONEIC Oman awarded $109 million 132kV OHTL Contracts

February 14, 2024 Mohammad S
Oman National Engineering & Investment Company SAOG (ONEIC) annoucned in a statement that it has awarded two projects, for the eastablishing of 132/33KV Electricity Transmission …

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Transport

Spain’s Talgo Awarded $1.5 billion New High-Speed Trains Contract for Saudi Arabia

February 8, 2026
Spain’s Talgo, a leading company in the design, manufacture, and maintenance of high-speed lightweight rail vehicles, has been awarded the contract to manufacture and maintain …
Finance

Tamasuk, Alghanim Consortium announces Financial Close for Al Ansar Hospital PPP

February 20, 2024
Tamasuk, Alghanim Consortium announces the successful Financial Close of the Al Ansar Hospital Public-Private Partnership (PPP) project, marking a significant milestone in the healthcare infrastructure …
Oil and Gas

Valaris awarded $136.4m Contract from BP offshore Egypt

November 22, 2022
Valaris Limited announced that drillship VALARIS DS-12 has been awarded a four-well contract with BP offshore Egypt. The contract is expected to commence late in …
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