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Home2024October

Month: October 2024

Oil and Gas

Oman Signs Concession Agreements for Development of 11-A and 51-F

October 9, 2024 Mohammad S
The Ministry of Energy and Minerals signed two concession agreements for the development of concession areas 11-A and 51-F, as part of its efforts to …
Oil and Gas

Oman LNG Signs Agreement with Japanese Kansai Electric Power

October 9, 2024 Mohammad S
Oman LNG announced in a statement that it has signed a Sales and Purchase Agreement (SPA) with the Japanese company Kansai Electric Power FTS PTE. …
Finance

Hafeet Rail Signs $1.5 billion Financing Agreements

October 9, 2024 Mohammad S
Hafeet Rail has signed the bank financing of the Hafeet Rail network project connecting the Port of Sohar with the United Arab Emirates (UAE), with …
Construction

China Tiesiju Civil Engineering Group awarded $54.4 million Contract from DarGlobal

October 9, 2024 Mohammad S
DarGlobal, the international luxury real estate developer, announced in a statement that it has appointed of China Tiesiju Civil Engineering Group Co. Ltd as the …
Power

Saudi Arabia announces Qualified Bidders for Development of Power Plant at Empty Quarter – Rub’al Khali

October 9, 2024 Mohammad S
The Zakat, Tax, and Customs Authority (ZATCA) in collaboration with the National Center for Privatization & PPP (NCP), Saudi Arabia announces the list of qualified …
Construction

UAE’s NMDC awarded $1.37 billion Contract

October 9, 2024 Mohammad S
NMDC Group PJSC, UAE announced in a statement that it has received a letter of award for a new Project in Abu Dhabi. The total …
Oil and Gas

Baker Hughes awarded Largest Integrated Compressor Line Contract in Dubai

October 8, 2024 Mohammad S
Baker Hughes, an energy technology company, announced its largest order ever of Integrated Compressor Line (ICL) units with Dubai Petroleum Establishment (DPE), for and on …
Water

Alkhorayef awarded SAR 39.3 million O&M Contract

October 8, 2024 Mohammad S
Alkhorayef Water and Power Technologies Co., Saudi Arabia Announces the awarding of Contract for “Operation & Maintenance of Water Treatment Plants and Sewage Treatment Plants …
Construction

Saudi’s Ladun Investment Co. Signs Partnership Agreement for $220.5 million Project

October 8, 2024 Mohammad S
Ladun Investment Company, Saudi Arabia announces the signing of a partnership agreement with Mawten Real Estate Company to develop a mixed-use real estate project to …
NEOM

NEOM establishes $186.6 million ready-mix concrete facility

October 8, 2024 Mohammad S
NEOM, the sustainable region progressing rapidly in northwest Saudi Arabia, has announced a partnership with Asas Al-Mohileb to establish and operate a SAR 700 million …

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    Kuwait Awards $158.7 million 400kV OHTL Contract
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    NEOM Tunnel Project Awarded to Samsung C&T–Hyundai E&C Consortium Terminated Following Project Restructuring
  • Oman’s Nama PWP Awards PPAs to Three Independent Power Producers
    Oman’s Nama PWP Awards PPAs to Three Independent Power Producers
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    Arabian Construction Company Awarded Major Residential Packages on Jubail Island Development in Abu Dhabi

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A. P. Moller – Maersk, global integrator of container logistics, announced in a statement that it has signed an agreement with Saudi Ports Authority “Mawani” …
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Saudi Arabia awarded $72 million Remal-380kV Substation Project

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On 25 November 2018, Saudi Electricity Company (SEC) awarded the Project “Construction of Remal-(9046) 380kV BSP” The location of the project is in Riyadh, Central …
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