April 29, 2026
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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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Manufacturing

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QatarEnergy signs long-term agreement with Nakilat to Own and Operate LNG Vessels

May 8, 2024
QatarEnergy announces the signing of a long-term agreement with Qatar Gas Transport Company Limited (Nakilat) pursuant to which Nakilat will own and operate nine “QC-Max” …
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Doosan Enerbility awarded $247.5 million Strategic Power Plant Equipment Contracts in Saudi Arabia

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Doosan Enerbility, South Korea announced that it has signed contracts to supply steam turbines and generators for the Ghazlan 2 Expansion and Hajar Expansion gas-fired …
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