December 23, 2025
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Home2024

Year: 2024

Finance

Saudi’s Miahona and Thabat achieves Financial Close for Ras Tanura Industrial Wastewater Treatment Plant

May 12, 2024 Mohammad S
The consortium of Miahona Company and Thabat Construction Company has successfully achieved the financial close of the Ras Tanura Industrial Wastewater Treatment Plant (IWWTP) for …
Power

Nesma awarded SAR 400 million Substation Project

May 12, 2024 Mohammad S
Nesma Infrastructure and Technology (NIT) announces that it has signed a contract valued at around SAR 400 million with the Saudi Electricity Company (SEC) to …
Power

Kuwait Oil Company Signs MOU for 1 GW Renewable Energy Plants Connection

May 9, 2024 Mohammad S
Kuwait Oil Company (KOC) has signed a memorandum of understanding with the Ministry of Electricity, Water, and Renewable Energy.​ The purpose of this memorandum is …
Water

Drake & Scull’s Subsidiary awarded $48 million Wastewater Treatment Plant Contract

May 9, 2024 Mohammad S
Drake & Scull International (PJSC) announced that one of its subsidiaries, Passavant Energy and Environment Limited, which specializes in waste water and water treatment technologies, …
Oil and Gas

ADNOC, EnBW Energie Signs Third Long-Term Heads of Agreement for Ruwais LNG Project

May 8, 2024 Mohammad S
ADNOC announced the signing of a 15-year Heads of Agreement (LNG agreement) with EnBW Energie Baden-Württemberg AG (EnBW), one of the largest energy companies in …
NEOM

NEOM announces Jaumur, a cosmopolitan marina community

May 8, 2024 Mohammad S
The Board of Directors of NEOM has announced Jaumur, the largest cosmopolitan luxury community set on the coast of Gulf of Aqaba, designed to serve …
Oil and Gas

McDermott’s subsidiary awarded Significant EPC Contract in Oman

May 8, 2024 Mohammad S
CB&I, a wholly owned unrestricted subsidiary of McDermott, has been awarded a significant contract by Marsa Liquefied Natural Gas LLC, a joint venture between TotalEnergies …
Oil and Gas

Bahrain receives Bids for 7 NAG Compression stations

May 8, 2024 Mohammad S
BAPCO UPSTREAM W.L.L, Bahrain receives the Bidders proposal to install 7 x NAG Compression stations around Bahrain field. Following Bidders submitted the proposals: BEINIT Energy …
Oil and Gas

QatarEnergy signs long-term agreement with Nakilat to Own and Operate LNG Vessels

May 8, 2024 Mohammad S
QatarEnergy announces the signing of a long-term agreement with Qatar Gas Transport Company Limited (Nakilat) pursuant to which Nakilat will own and operate nine “QC-Max” …
Power

L&T awarded 400kV Substation Contracts in Kuwait, Oman

May 8, 2024 Mohammad S
Larsen & Toubro announced in a statement that, the Power Transmission & Distribution (PT&D) business has won multiple orders in India and GCC. The Business …

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Construction

Oman awarded $654 million Adam-Thumrait dualisation road project

June 25, 2020
Oman’s Ministry of Transport and Communications awarded project” Construction of  three sections of the Adam-Thumrait dualisation road – Part 3, 4 & 5”. The total …
Finance

Standard Chartered arranges financing for Saudi-Egypt electricity interconnection project

October 18, 2022
Standard Chartered Bank (with Sumitomo Mitsui Banking Corporation) announces the provision of a $566.4m Export Credit Agency supported Islamic financing facility for Saudi Electricity Company …
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Arctech awarded 1.5GW Solar Tracker Supply Deal for the Biggest Solar Plant in the Middle East

April 14, 2023
Arctech, the world’s leading solar tracking, racking, and BIPV provider has announced it is poised to provide 1.5GW SkyLine II solar tracking solution for ASB …
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