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Home2024

Year: 2024

Oil and Gas

KCA Deutag awarded $402 million Contract Extensions in Saudi Arabia, Oman

October 10, 2024 Mohammad S
KCA Deutag, announced in a statement that it has secured backlog exceeding $900 million in new contracts and extensions for land and offshore drilling projects …
Oil and Gas

UAE’s ADNOC L&S awards $250 million Contracts for Very Large Ammonia Carriers

October 10, 2024 Mohammad S
ADNOC Logistics and Services plc (ADNOC L&S) announced that AW Shipping, its joint venture with Wanhua Chemical Group, has awarded contracts worth $250 million (AED918 …
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 …

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Oil and Gas

Mitsui, COSCO Shipping JV to own and operate Qatar’s LNG vessels

December 11, 2024
QatarEnergy has selected the joint venture of Japan’s Mitsui O.S.K Lines Ltd. (MOL) and China’s COSCO Shipping LNG Investment (Shanghai) Co. Ltd. (CSLNG) to own …
Oil and Gas

Jereh awarded $423.1m Jurassic Production Facilities 5 Project in Kuwait

December 12, 2021
Kuwait Oil Company (KOC) awarded the project, Jurassic Production Facilities 5, JPF -5 for testing, processing and handling of wet and sour hydrocarbon wells fluids …
Construction

Saudi Arabia invites EOI for Qiddiya High-‎Speed Rail Project

September 22, 2025
The Royal Commission for Riyadh City (RCRC), in partnership with the National Center for ‎Privatization & PPP and Qiddiya Investment Company, has announced the start …
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