December 25, 2025
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Home2024

Year: 2024

Construction

Dubai approves $8 billion ‘Tasreef’ project to enhance its rainwater drainage

June 25, 2024 Mohammad S
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the ‘Tasreef’ project …
Oil and Gas

Thailand’s PTTEP acquires a 10% participating interest in the UAE’s Ghasha Concession

June 25, 2024 Mohammad S
PTTEP acquires a 10% participating interest in the Ghasha Concession, one of the largest natural gas fields in the United Arab Emirates which aims to …
Construction

Bahrain’s Nass Company awarded $99 million Road Works Contract

June 25, 2024 Mohammad S
Nass Contracting Company W.L.L., a wholly owned subsidiary of Nass Corporation B.S.C. in Joint Venture with Nassir Hazza Al-Subaie for Contracting W.L.L. announces the signing …
Finance

Mitsui signs loan agreement for UAE’s Clean Ammonia Production Facility

June 25, 2024 Mohammad S
Mitsui & Co., Ltd., Japan alongside TA’ZIZ (owned by Abu Dhabi National Oil Company (“ADNOC”)), Fertiglobe, and South Korea’s GS Energy Corporation, has agreed to …
Construction

Towell Co. awarded $37 million AIDA’s Construction Contract in Oman

June 24, 2024 Mohammad S
Dar Global, the London-listed luxury international real estate developer, announces the awarding of the main works construction contract for the villas in the first phase …
Power

Saudi Arabia launches the Geographical Survey Project for Renewable Energy Sites

June 24, 2024 Mohammad S
In the presence of His Royal Highness, Prince AbdulAziz bin Salman bin AbdulAziz Al Saud, Minister of Energy, the Geographic Survey Project for Renewable Energy …
Construction

Oman: Shapoorji Pallonji awarded infrastructure Contract for AIDA’s first phase

June 24, 2024 Mohammad S
Dar Global, the London-listed luxury international real estate developer, announces the awarding of the infrastructure contract for the first phase of AIDA, a landmark urban …
Power

Siemens Energy awarded $1.5 billion Power Plant Supply Contract in Saudi Arabia

June 24, 2024 Mohammad S
Siemens Energy announced in a statement that, it will supply key power plant technologies that will provide almost 4 gigawatts to the Kingdom, and in …
Power

GE Vernova awarded Gas Turbines Contract for Saudi’s Taiba 1 and Qassim 1 Power Plants

June 24, 2024 Mohammad S
GE Vernova announced in a statement that it has awarded Gas Turbines Contract for Taiba 1 and Qassim 1 Power Plants in Saudi Arabia. As …
Oil and Gas

MESC’s Subsidiary awarded $60 million Contract in UAE

June 23, 2024 Mohammad S
Middle East Specialized Cables Co. (MESC), Saudi Arabia announced in a statement that, its UAE-based subsidiary MESC Ras Al Khaimah signed  a final contract for …

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QatarEnergy awards $6 Billion EPC Contracts

January 31, 2024
QatarEnergy has announced the award of the four main Engineering, Procurement, Construction, and Installation (EPCI) contract packages related to the next development phase of the …
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ADNOC, EnBW Signs LNG Supply Agreement

December 16, 2024
ADNOC announced that it has signed a third Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquefied natural gas (LNG) project, with Germany’s EnBW …
Power

Oman Launches Qualification Phase for First Waste-to-Energy Project

August 4, 2025
Nama Power and Water Procurement Company (PWP), Oman announces the commencement of the Request for Qualification (RFQ) process for the country’s first utility-scale Waste-to-Energy Project …
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