Oil and Gas
Kuwait announces discovery new Oil and Gas field
Kuwait Petroleum Corporation (KPC) announces the discovery of a large oil reserve in the Al-Noukhitha offshore field, located east of Failaka Island. The new discovery …
Year: 2024
Oil and Gas
Kuwait signs Nine Contracts to provide Drilling Rigs for Heavy Oil operations
Kuwait Oil Company (KOC) announced in a statement that within the framework of further enhancing its oil production, KOC signed nine contracts with five local …
Power
Bahrain receives Bids for 100MW Al Dur Solar PV Power Stations
The Electricity and Water Authority (EWA), Bahrain receives Bidder Proposal to Establish Solar Power Stations at Al Dur area in the Southern Governorate of the …
Power
Oman achieves 60pc Implementation of Manah 1, Manah 2 Solar Power Projects
Nama Power and Water Procurement Company, Oman announced that it achieved 60 percent implementation of Manah 1 and Manah 2 solar energy projects in the …
Finance
Saudi Arabia: Firms announces financial close of Taiba 2, Qassim 2 Power Plants
Aljomaih Energy & Water Co. and its consortium members Ajlan & Bros Group, Buhur for Investment Company, and the EDF Group, achieved the financial close …
Oil and Gas
Saipem signs framework agreement for Azerbaijan Project
Saipem announces the signing of a framework agreement between BP Exploration (Caspian Sea) Limited and a consortium composed of Saipem Contracting Netherlands B.V., BOS Shelf …
Oil and Gas
ADES Holding awarded $351 million jackup drilling rigs contract extension
ADES Holding Company, Saudi Arabia announces that it has secured a contract extension for one of its standard jackup drilling rigs operating in the Kingdom …
Power
Elsewedy awarded $274.7 million Contract in Qatar
Aamal Company Q.P.S.C. (“Aamal”), one of the region’s leading diversified companies, is announces that Elsewedy Cables Qatar – a subsidiary of Senyar Industries Qatar Holding …
Oil and Gas
UAE: ADNOC deploys AIQ’s RoboWell AI solution in offshore operations
ADNOC announced the deployment of RoboWell, AIQ’s pioneering artificial intelligence (AI) autonomous well-control solution, in its operations at the offshore NASR field. This world-first offshore …
Construction
China State and El Seif Co. awarded $2 billion Contract by Diriyah Company
Diriyah Company, Saudi Arabia announced in a statement that it has signed a record-breaking construction contract to develop the Northern mixed-used district in the north …