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Home2024December

Month: December 2024

Oil and Gas

QatarEnergy acquires Offshore exploration Block in Namibia

December 15, 2024 Mohammad S
QatarEnergy announces that it has entered into an agreement with Harmattan Energy Limited (HEL), an indirect subsidiary of Chevron Corporation, to acquire a working interest …
Press Releases

STATS Group announces a significant expansion of its operations in the Kingdom of Saudi Arabia

December 15, 2024 Mohammad S
STATS Group (STATS) announced a significant expansion of its operations in the Kingdom of Saudi Arabia, marking a strategic milestone in the company’s global growth. …
Construction

Saudi Arabia issues RFP for New Abha International Airport Project

December 14, 2024 Mohammad S
The Saudi Civil Aviation Holding Company (MATARAT) announces the Release of the Request for Proposal for the Privatization of the New Abha International Airport Project …
Power

UAE’s Masdar announces the inauguration of 500MW Zarafshan wind farm in Uzbekistan

December 14, 2024 Mohammad S
The President of the Republic of Uzbekistan, His Excellency Shavkat Mirziyoyev, has inaugurated the 500MW Zarafshan wind farm, the largest operating in Central Asia to …
Water

DEWA commissioned AED 86 million worth water reservoir

December 13, 2024 Mohammad S
Dubai Electricity and Water Authority (DEWA) has commissioned a reservoir with a capacity of 30 million imperial gallons (MIG) of desalinated water in Hatta. The …
Hydrogen

thyssenkrupp nucera and Hydrom Signs MOU for Green Hydrogen

December 13, 2024 Mohammad S
Hydrogen Oman (Hydrom) and thyssenkrupp nucera have signed a Memorandum of Understanding (MoU) to work together in supporting the growing green hydrogen sector in the …
Construction

UAE’s Modon, EMSTEEL signs MOU for low-carbon steel

December 13, 2024 Mohammad S
Modon, a master developer known for vibrant and sustainable communities, and EMSTEEL Group, the UAE’s largest steel and building materials manufacturer, have signed an MoU …
Petrochemical

Wood awarded significant decarbonisation project in the Middle East

December 12, 2024 Mohammad S
Wood announces that it has secured a contract worth around $17 million from a leading petrochemical company in the Middle East to improve efficiency and …
Finance

Saudi Electricity Company signs $3.6 billion Credit Facility Agreement

December 12, 2024 Mohammad S
Saudi Electricity Company (SEC) announces that it has signed USD 3.6 billion (equivalent to SAR 13.5 billion) International Syndicated Credit Facility agreement. The financing entities …
Power

Saudi Cable Company awarded 66kV Cables Contracts in Bahrain

December 12, 2024 Mohammad S
Saudi Cable Company announce that the company’s branch in the Kingdom of Bahrain has signed two contracts. The combined value of the contracts is SAR …

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