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Home2024

Year: 2024

Finance

SWPC Announces Financial Close of Juranah Independent Strategic Water Reservoir

May 28, 2024 Mohammad S
Saudi Water Partnership Company (SWPC)  announces the successful financial close for the Juranah Independent Strategic Water Reservoir (ISWR) project in Makkah. This landmark project will …
Oil and Gas

Jereh Signs Preliminary Development Contract for Iraq’s Mansuriya Gas Field

May 28, 2024 Mohammad S
Jereh Group announces that, recently it has signed a preliminary development contract with the Midland Oil Company of Iraq (MdOC) to jointly develop the Mansuriya …
Oil and Gas

Aramco, Pasqal signs agreement to deploy first quantum computer in KSA

May 27, 2024 Mohammad S
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed an agreement with Pasqal, a global leader in neutral atom quantum computing, …
Transport

Saudi’s Mawani and DP World break ground on $250 million logistics park at Jeddah Islamic Port

May 26, 2024 Mohammad S
DP World and Saudi Ports Authority (Mawani) have commenced construction of a new SAR900 million ($250 million) logistics park at Jeddah Islamic Port, set to …
Oil and Gas

Tecnimont led Consortium awarded $2.3 billion Gas Project in Algeria

May 26, 2024 Mohammad S
MAIRE (MAIRE.MI) announces that a consortium composed by its subsidiary Tecnimont (Integrated E&C Solutions) and Baker Hughes has been awarded by SONATRACH an Engineering, Procurement …
Oil and Gas

ADES awarded $640 million Worth of Contracts in Kuwait

May 26, 2024 Mohammad S
ADES Holding Company (ADES), a world leading oil and gas drilling services provider, announces that its subsidiary has received an award for six onshore contracts …
Power

L&T awards 760MWh Energy Storage Systems to Sungrow for AMAALA Project

May 21, 2024 Mohammad S
Sungrow, the global leading PV inverter and energy storage system provider, has forged a strategic partnership with Larsen & Toubro to supply 165MW PV inverters …
Power

Marubeni led Consortium signs 1,100MW Wind Projects in Saudi Arabia

May 21, 2024 Mohammad S
As part of Round 4 of the Saudi National Renewable Energy Program (NREP), supervised by the Ministry of Energy, Saudi Power Procurement Company (Principal Buyer) …
Oil and Gas

India’s Kalpataru Signs $906.6 million Contract with Saudi Aramco

May 21, 2024 Mohammad S
Kalpataru Projects International Limited (KPIL), formerly Kalpataru Power Transmission Limited, one of the largest Engineering, Procurement and Construction (EPC) companies listed in India, has announced …
Transport

Saudia Group, Airbus Signs largest aircraft deal in Saudi aviation history

May 20, 2024 Mohammad S
Saudia Group announced the largest aircraft deal in Saudi aviation history with Airbus during the first day of the Future Aviation Forum 2024 held at …

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    Oman’s Nama PWP Awards PPAs to Three Independent Power Producers
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    KBR Awarded Project Management Contract in Libya

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Power

UAE’s ADNOC Gas Signs 10-year LNG Supply Agreement with GAIL India Limited

January 30, 2024
 ADNOC Gas plc , a world-class integrated gas processing company, today announced a 10-year agreement to supply 0.5 million metric tons per annum (mmtpa) of …
Power

Kuwait invite bids for 2000MW Sabiya West Power Station Maintenance services

January 17, 2021
Ministry of Electricity and Water (MEW), Kuwait invites bids for the Provision of Efficient & Continuous Engineering Inspection Services of Gas Turbines Combined cycle and …
Transport

UAE’s AD Ports Signs Agreement with CMA CGM to Expand Terminal at Khalifa Port

November 19, 2025
UAE’s AD Ports Group signed an agreement with France’s CMA CGM Group, a global player in sea, land, air and logistics solutions, to expand their …
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