December 16, 2025
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Home2024May

Month: May 2024

Construction

Saudi’s Binyah Signs $141.8 million Contract with DGDA

May 12, 2024 Mohammad S
Saudi Real Estate Co. (Al Akaria)’s subsidiary, Saudi Real Estate Infrastructure Co. (Binyah), announced in a statement that it has signed a contract with Diriyah …
Finance

Saudi’s Miahona and Thabat achieves Financial Close for Ras Tanura Industrial Wastewater Treatment Plant

May 12, 2024 Mohammad S
The consortium of Miahona Company and Thabat Construction Company has successfully achieved the financial close of the Ras Tanura Industrial Wastewater Treatment Plant (IWWTP) for …
Power

Nesma awarded SAR 400 million Substation Project

May 12, 2024 Mohammad S
Nesma Infrastructure and Technology (NIT) announces that it has signed a contract valued at around SAR 400 million with the Saudi Electricity Company (SEC) to …
Power

Kuwait Oil Company Signs MOU for 1 GW Renewable Energy Plants Connection

May 9, 2024 Mohammad S
Kuwait Oil Company (KOC) has signed a memorandum of understanding with the Ministry of Electricity, Water, and Renewable Energy.​ The purpose of this memorandum is …
Water

Drake & Scull’s Subsidiary awarded $48 million Wastewater Treatment Plant Contract

May 9, 2024 Mohammad S
Drake & Scull International (PJSC) announced that one of its subsidiaries, Passavant Energy and Environment Limited, which specializes in waste water and water treatment technologies, …
Oil and Gas

ADNOC, EnBW Energie Signs Third Long-Term Heads of Agreement for Ruwais LNG Project

May 8, 2024 Mohammad S
ADNOC announced the signing of a 15-year Heads of Agreement (LNG agreement) with EnBW Energie Baden-Württemberg AG (EnBW), one of the largest energy companies in …
NEOM

NEOM announces Jaumur, a cosmopolitan marina community

May 8, 2024 Mohammad S
The Board of Directors of NEOM has announced Jaumur, the largest cosmopolitan luxury community set on the coast of Gulf of Aqaba, designed to serve …
Oil and Gas

McDermott’s subsidiary awarded Significant EPC Contract in Oman

May 8, 2024 Mohammad S
CB&I, a wholly owned unrestricted subsidiary of McDermott, has been awarded a significant contract by Marsa Liquefied Natural Gas LLC, a joint venture between TotalEnergies …
Oil and Gas

Bahrain receives Bids for 7 NAG Compression stations

May 8, 2024 Mohammad S
BAPCO UPSTREAM W.L.L, Bahrain receives the Bidders proposal to install 7 x NAG Compression stations around Bahrain field. Following Bidders submitted the proposals: BEINIT Energy …
Oil and Gas

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

May 8, 2024 Mohammad S
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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Power

Siemens submits lowest bid of $68.4m Ar Rass Solar PV 380kV Substation

October 4, 2020
Saudi Electricity Company (SEC) announces the bid results for the project, Construction of Ar Rass Solar PV 380kV Substation. The Project location is in Ar …
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Water

ACWA Power and Energy China sign MoU for power and water desalination cooperation

June 11, 2018
ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants, on 07/06/2018 signed a Memorandum of Understanding (MoU) with China …
Construction

Projects awarded during February 2021 in Gulf Countries

March 9, 2021
Following are the major projects awarded during the month of February 2021 across gulf countries. The declared contracts values reaches approximately $4.5 billion. The projects …
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