December 20, 2025
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Home2024

Year: 2024

Oil and Gas

Masirah Oil awarded jack-up drilling rig Contract in Oman

March 4, 2024 Mohammad S
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, …
Oil and Gas

Saudi’s Gas Arabian Services awarded $159.4 million Contracts with SPPC

March 3, 2024 Mohammad S
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

March 2, 2024 Mohammad S
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

February 29, 2024 Mohammad S
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

February 29, 2024 Mohammad S
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

February 29, 2024 Mohammad S
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

February 29, 2024 Mohammad S
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

February 29, 2024 Mohammad S
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

February 29, 2024 Mohammad S
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

February 27, 2024 Mohammad S
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 …

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Oil and Gas

Wison Engineering awarded Gas Processing Project from Saudi Aramco

February 24, 2021
Wison Engineering announced in a statement that it was awarded an engineering, procurement, construction (EPC) lump-sum contract for a gas processing project in Shaybah oil …
Power

Bahrain received Bids for 400kV Cable Works for new 400kV Jasra Grid Substation

January 9, 2023
Electricity and Water Authority (EWA), Bahrain received the Bidders proposals for the 400kV Feeder Cable Works for new 400kV Jasra Grid Substation. Following five Bidders …
Oil and Gas

ADNOC Drilling awarded over $3.4 billion contracts

August 4, 2022
Abu Dhabi National Oil Company (ADNOC) announced two contracts totaling more than $3.4 billion (AED12.6 billion) have been awarded to ADNOC Drilling to hire 8 …
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