December 30, 2025
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Home2024

Year: 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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NEOM

AlGihaz submits lowest bid of $137.4m for NEOM NIC Substation

September 8, 2021
Saudi Electricity Company (SEC) announces the bid results for the project, Construction of NIC Circle 380/132kV Substation. The Project location is in NEOM Saudi Arabia. …
Construction

Aldar Launches Fahid Island: Abu Dhabi’s First Coastal Wellness Destination Worth AED 40 Billion

June 2, 2025
UAE’s Aldar unveiled the masterplan for Abu Dhabi’s next iconic island destination, Fahid Island, which has an 11km coastline and a gross development value of …
Power

NCC secures $12.8 million contract for 380kV Substations expansion

November 28, 2020
Saudi Electricity Company (SEC) awarded the project  “Installation of 380kV reactors at 9054, 9089 and 9042”. The Project location is in Riyadh. The project has …
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