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Home2024November

Month: November 2024

Oil and Gas

ADNOC launches $80 billion lower-carbon energy and chemicals investment company

November 27, 2024 Mohammad S
ADNOC, UAE announced the launch of XRG, a groundbreaking international lower-carbon energy and chemicals investment company, with an enterprise value of over $80 billion. XRG …
Manufacturing

Saudi Arabia signs $9.3 billion Investment Agreements

November 27, 2024 Mohammad S
Saudi Arabia signs Nine investment agreements on the second day of the 28th edition of the World Investment Conference, held in Riyadh under the theme …
Power

KEC International awarded 400kV OHTL Contract in Oman

November 27, 2024 Mohammad S
KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, India announces in a statement that it has awarded new 400kV Overhead Transmission …
Construction

Future Fund Oman announces $2 billion Projects

November 27, 2024 Mohammad S
Future Fund Oman (FFO), the latest investment initiative under Oman Investment Authority (OIA), has announced its first batch of approved investment projects. With a combined …
Manufacturing

GlassPoint unveils development for the GlassPoint Ma’aden Technology Showcase

November 27, 2024 Mohammad S
GlassPoint, the leader in decarbonizing industrial process heat, unveiled the next phase of development for the GlassPoint Ma’aden Technology Showcase (GMTS) in partnership with the …
Oil and Gas

UAE’s ENEC, ADNOC to explore use of nuclear technologies for oil, gas operations

November 27, 2024 Mohammad S
The Emirates Nuclear Energy Company (ENEC) announced it has signed a Strategic Collaboration Agreement (SCA) with ADNOC to research and explore developing innovative energy solutions …
Oil and Gas

Oman: Tethys Oil awarded Concession Area 56 development Contract

November 26, 2024 Mohammad S
The Ministry of Energy and Minerals, Oman has awarded a contract for the development of Concession Area 56 to Swedish company Tethys Oil. The concession …
Mining

Saudi Arabia Announces Qualified Bidders for First Mineralized Belts Licensing Round

November 26, 2024 Mohammad S
The Ministry of Industry and Mineral Resources, Saudi Arabia has announced the qualified bidders for its inaugural mineralized belts licensing round. This landmark initiative has …
Hydrogen

Qatar announces Ground Breaking Ceremony for $1.2 billion Blue ammonia plant

November 26, 2024 Mohammad S
Under the patronage of His Highness Sheikh Tamim bin Hamad Al Thani, the Amir of the State of Qatar, His Highness Sheikh Abdullah bin Hamad …
Manufacturing

Vedanta signs $2 billion MOU with Saudi Arabia for significant copper projects

November 26, 2024 Mohammad S
Vedanta Copper International (“VCI”), a wholly-owned subsidiary of Vedanta Ltd. (“VEDL”), India has signed a Memorandum of Understanding (MoU) with the Ministry of Investment and …

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Oil and Gas

Galfar awarded $728.2m Contract from PDO

June 4, 2023
Galfar Engineering & Contracting SAOG, Oman announced in a statement that it has awarded Off-Plot Delivery Contract Qarn Alam. The value of the Contract is …
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Miscellaneous

ACCIONA to build one of Saudi Arabia’s desalination plants for 750 million euros

February 14, 2019
Press Release: Water and Electricity Company LLC (WEC), the Saudi Arabia state-owned company in charge of desalination and water treatment projects, has awarded ACCIONA — …
Power

Linxon awarded 380kV Substation Contract in Saudi Arabia

December 22, 2025
Global EPC firm, Linxon announces that it has awarded a series of significant turnkey orders for 380/110/13.8kV substation projects in the Kingdom of Saudi Arabia. …
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