Oil and Gas
Masirah Oil awarded jack-up drilling rig Contract in Oman
Masirah Oil Limited (“MOL”), Oman announced the signing of a contract for the Energy Emerger jack-up drilling rig. The rig, operated by Northern Offshore Ltd, …
Year: 2024
Oil and Gas
Saudi’s Gas Arabian Services awarded $159.4 million Contracts with SPPC
Gas Arabian Services Co. (GAS), Saudi Arabia announced in a stament that it has signed two contracts with Saudi Power Procurement Co. (SPPC) (the principal …
Oil and Gas
Saudi Aramco completes acquisition of Esmax
Aramco, one of the world’s leading integrated energy and chemicals companies, has successfully completed the acquisition of a 100% equity stake in Esmax Distribución SpA …
Construction
Sinoma awarded $270.5 Million Eastern Province Cement Expansion Contract
Eastern Province Cement Company, Saudi Arabia announces the signing of a contract for establishing a new production line in the company’s plant with a production …
Manufacturing
Siemens inaugurates New Production Factory in Jeddah
Siemens announces the the inauguration of Modon Oasis Factory in Jeddah, Saudi Arabia H.E. Bandar Alkhorayef, Minister of Industry and Mineral Resources cut the ribbon …
Power
Egypt signs $40 Billion Worth MOUs for green hydrogen, renewable energy projects
Egypt signed seven Memoranda of Understanding (MoUs) in green hydrogen and renewable energy with seven global developers with expected investments worth $41 billion over ten …
Construction
Hassan Allam’s Subsidiary awarded MEP Works for the Saudi’s New Tadawul Tower offices
Hassan Allam Holding announces that its subsidiary Kortech has been awarded the complete Mechanical and Electrical works for the head quarters of one of the …
Construction
Mace to Project Manage Second Stage of Uptown Dubai district
DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has appointed Mace, the global consultancy and …
Finance
ACWA POWER announces the signing of financing for the Hassyan IWP
ACWA POWER Co. announces the signing of the financing documents for the 818,280 m3/day (180 Million Imperial Gallon per Day MIGD) Hassyan IWP plant in …
Construction
Zamil Steel awarded significant contract from Bahri Logistics Company
Zamil Steel Pre-Engineered Buildings Company, a subsidiary of Zamil Industrial, has been awarded a significant contract from Bahri Logistics Company for the construction of the …