December 16, 2025
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Home2024May

Month: May 2024

Petrochemical

Tecnimont (MAIRE) Commence Construction of TA’ZIZ 1mtpa Low-Carbon Ammonia Facility in UAE

May 28, 2024 Mohammad S
Further to the announcement made on 7 July 2022, MAIRE (MAIRE.MI) informs that Tecnimont (Integrated E&C Solutions) has received from Fertiglobe the notice to proceed …
Finance

SWPC Announces Financial Close of Juranah Independent Strategic Water Reservoir

May 28, 2024 Mohammad S
Saudi Water Partnership Company (SWPC)  announces the successful financial close for the Juranah Independent Strategic Water Reservoir (ISWR) project in Makkah. This landmark project will …
Oil and Gas

Jereh Signs Preliminary Development Contract for Iraq’s Mansuriya Gas Field

May 28, 2024 Mohammad S
Jereh Group announces that, recently it has signed a preliminary development contract with the Midland Oil Company of Iraq (MdOC) to jointly develop the Mansuriya …
Oil and Gas

Aramco, Pasqal signs agreement to deploy first quantum computer in KSA

May 27, 2024 Mohammad S
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed an agreement with Pasqal, a global leader in neutral atom quantum computing, …
Transport

Saudi’s Mawani and DP World break ground on $250 million logistics park at Jeddah Islamic Port

May 26, 2024 Mohammad S
DP World and Saudi Ports Authority (Mawani) have commenced construction of a new SAR900 million ($250 million) logistics park at Jeddah Islamic Port, set to …
Oil and Gas

Tecnimont led Consortium awarded $2.3 billion Gas Project in Algeria

May 26, 2024 Mohammad S
MAIRE (MAIRE.MI) announces that a consortium composed by its subsidiary Tecnimont (Integrated E&C Solutions) and Baker Hughes has been awarded by SONATRACH an Engineering, Procurement …
Oil and Gas

ADES awarded $640 million Worth of Contracts in Kuwait

May 26, 2024 Mohammad S
ADES Holding Company (ADES), a world leading oil and gas drilling services provider, announces that its subsidiary has received an award for six onshore contracts …
Power

L&T awards 760MWh Energy Storage Systems to Sungrow for AMAALA Project

May 21, 2024 Mohammad S
Sungrow, the global leading PV inverter and energy storage system provider, has forged a strategic partnership with Larsen & Toubro to supply 165MW PV inverters …
Power

Marubeni led Consortium signs 1,100MW Wind Projects in Saudi Arabia

May 21, 2024 Mohammad S
As part of Round 4 of the Saudi National Renewable Energy Program (NREP), supervised by the Ministry of Energy, Saudi Power Procurement Company (Principal Buyer) …
Oil and Gas

India’s Kalpataru Signs $906.6 million Contract with Saudi Aramco

May 21, 2024 Mohammad S
Kalpataru Projects International Limited (KPIL), formerly Kalpataru Power Transmission Limited, one of the largest Engineering, Procurement and Construction (EPC) companies listed in India, has announced …

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Petrochemical

thyssenkrupp nucera awarded €15 Million Contract in Saudi Arabia

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Miscellaneous

Kuwait plans to invest $86 billion in a free economic zone

April 3, 2019
Kuwait’s Free Economic Zone, Silk City will cover 250 square kilometers in Subiya, an area located on the north shore of Kuwait Bay opposite to …
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TrinaTracker awarded 875MW Solar Tracker Supply Contract in Qatar

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TrinaTracker, a subsidiary of Trina Solar announced in a statement that it has signed an 875MW solar tracker supply contract for Qatar’s largest solar plant …
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