March 17, 2026
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Home2024

Year: 2024

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 …
Power

Samsung awarded $2.84 billion Qatar’s Facility E IWPP Project

November 26, 2024 Mohammad S
Samsung C&T, South Korea announces that is has received letter of award for the construction of Facility E Independent Water and Power Production Project in …

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  • NEOM Tunnel Project Awarded to Samsung C&T–Hyundai E&C Consortium Terminated Following Project Restructuring
    NEOM Tunnel Project Awarded to Samsung C&T–Hyundai E&C Consortium Terminated Following Project Restructuring
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    Japan Bank for International Cooperation Signs $413 Million Loan Agreements for Ruwais LNG Project in UAE
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    Kuwait Receives Bids for Steam Boiler Upgrade at Al-Subiya Power and Water Station
  • Bahrain’s EWA Receives Bids for 100 MW Bilaj Al Jazayer Solar IPP Project
    Bahrain’s EWA Receives Bids for 100 MW Bilaj Al Jazayer Solar IPP Project

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Oil and Gas

Baker Hughes awarded New Contract in Saudi Arabia

January 31, 2025
Baker Hughes announced that it has been awarded six gas compression trains and six propane compressors, for the third expansion phase of Aramco’s Jafurah gas …
Power

UAE’s AMEA Power awarded two Battery Energy Storage Projects in South Africa

December 25, 2024
AMEA Power, UAE announce that the company has awarded two projects in the Battery Energy Storage Independent Power Producers Procurement Programme (BESIPPPP) Window 2 in South …
Oil and Gas

Arabian Drilling awarded $77 million Contract extension

November 13, 2024
Arabian Drilling, Saudi Arabia announces that it has secured a contract extension for one of its Saudi Aramco land rigs. The contract extension is for …
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