December 25, 2025
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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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Power

Samsung C&T awarded Dukhan Solar Power Plant in Qatar

September 16, 2025
QatarEnergy announces that it has signed an agreement with Samsung C&T’s Engineering & Construction Group (Samsung C&T) for the construction of a world-scale solar power …
Power

UAE’s Emerge, Miral to deliver clean energy to ‘SeaWorld Abu Dhabi’

July 17, 2022
Emerge, a joint venture between the UAE’s Masdar and France’s EDF, announced that it has signed an agreement with Miral, Abu Dhabi’s leading creator of …
Water

Hassan Allam and WETICO JV awarded EPC Contract for Abu Qir Desalination Plant

June 29, 2025
Hassan Allam Holding announces that its subsidiary, Hassan Allam Construction, in joint venture with Water and Environment Technologies Company – WETICO is executing the full …
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