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Home2024

Year: 2024

Construction

Saudi’s NHC, CMEC Signs cooperation agreement to build 20,000 housing units

May 15, 2024 Mohammad S
National Housing Company (NHC), Saudi Arabia has signed a cooperation agreement with China Machinery Engineering Corporation (CMEC) to build 20,000 housing units in the suburbs …
Power

Egypt’s 10GW wind farm Project takes major step towards construction

May 15, 2024 Mohammad S
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, along with Infinity Power, the largest African renewable energy developer, and Hassan …
Water

Veolia’s subsidiary awarded $320 million Hassyan seawater desalination plant in Dubai

May 15, 2024 Mohammad S
Veolia, world water technology leader, through its subsidiary SIDEM, will engineer and supply key technology for the Hassyan seawater desalination plant in Dubai, United Arab …
Oil and Gas

Kuwait Petroleum and SINOPEC Signs agreement for long term crude supply

May 14, 2024 Mohammad S
Kuwait Petroleum Corporation (KPC) and SINOPEC, China announces the signing of an agreement on long term crude supply in Beijing. Further the companies exchanged views …
Power

UAE’s AMEA Power Signs PPA for 1 GW Wind Project in Uzbekistan

May 14, 2024 Mohammad S
AMEA Power announces that it has signed a Power Purchase Agreement (PPA) for a 1,000MW wind project in Uzbekistan. This significant milestone underscores the company’s …
Water

GS Inima, Aljomaih and Sogex Consortium awarded $324.7 million Desalination Plant Project in Oman

May 13, 2024 Mohammad S
Under the patronage of His Excellency Dr. Saud bin Hamoud Al-Habsi, Minister of Agriculture, Fisheries, and Water Resources, an agreement was signed between Nama Power …
Oil and Gas

ADNOC Drilling awarded $1.7 Billion Contract

May 13, 2024 Mohammad S
ADNOC Drilling Company PJSC (ADNOC Drilling) has been awarded, by ADNOC, a $1.7 billion contract to provide drilling and associated services for the recovery of …
Water

Oman Signs agreement for Ghubrah desalination Plant-Phase III

May 12, 2024 Mohammad S
Nama Power and Water Company, Oman announced in a statement that, under the patronage of His Excellency Dr. Saud bin Hamoud Al-Habsi, Minister of Agriculture, …
Oil and Gas

QatarEnergy to acquire Two New Exploration Blocks Offshore Egypt

May 12, 2024 Mohammad S
QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt. Under the terms of the …
Construction

Saudi’s Binyah Signs $141.8 million Contract with DGDA

May 12, 2024 Mohammad S
Saudi Real Estate Co. (Al Akaria)’s subsidiary, Saudi Real Estate Infrastructure Co. (Binyah), announced in a statement that it has signed a contract with Diriyah …

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    Arabian Construction Company Awarded Major Residential Packages on Jubail Island Development in Abu Dhabi
  • Oman’s Nama PWP Awards PPAs to Three Independent Power Producers
    Oman’s Nama PWP Awards PPAs to Three Independent Power Producers
  • KBR Awarded Project Management Contract in Libya
    KBR Awarded Project Management Contract in Libya

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Construction

Nesma & Partners Forms a JV with MAN Enterprise for $1.54 billion Diriyah Project

November 22, 2024
Nesma & Partners, the leading contracting company in Saudi Arabia, announces a new joint venture with MAN Enterprise, a globally recognized construction and project management …
Finance

Acciona Raises $480m in Green Finance for Three Sewage Treatment Plants in Saudi Arabia

March 7, 2022
ACCIONA, a leading company in the development of water and other sustainable infrastructure, together with its local partners Tawzea and Tamasuk, announced that it has …
Oil and Gas

Combined Group Kuwait awarded $39.7 million Pipeline Contract

January 12, 2025
Combined Group Contracting (CGC) Co., Kuwait announced in a statement that it has signed pipeline supply contract. The value of the contract is KWD 12.2 …
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