December 20, 2025
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Home2024

Year: 2024

Oil and Gas

L&T awarded Significant onshore and offshore Contracts in the Middle East

February 13, 2024 Mohammad S
Larsen & Toubro (L&T) announced in a statement that the Hydrocarbon vertical (L&T Energy Hydrocarbon – LTEH), has secured an onshore order and an offshore …
Oil and Gas

Nabors Awarded Rig Automation Contract in the Middle East

February 12, 2024 Mohammad S
Nabors, USA announces that it has received a contract from a very large operator in the Middle East to deploy drilling automation technology and related …
Power

PGESCO awarded EPCM contract for a Power Station in UAE

February 12, 2024 Mohammad S
PGESCO, Egypt announced in a statement that, Dubai Electricity & Water Authority – DEWA has awarded the EPCM contract to PGESCO for the remaining works …
The Red Sea Dev.

Red Sea Global Secures Financial Close on SAR 2 Billion Debt Financing with Riyad Bank

February 11, 2024 Mohammad S
Red Sea Global (RSG), the developer behind the regenerative tourism destinations The Red Sea and Amaala, has announced the successful completion of a SAR 2 …
Construction

Saudi’s KAFD Seals New Partnerships at PIF Private Sector Forum

February 10, 2024 Mohammad S
The King Abdullah Financial District Development and Management Company (KAFD DMC) announced a series of groundbreaking partnerships and collaborations at the second edition of the …
Construction

SAUDICO awarded the contract to build the Ritz Carlton Residences at Diriyah

February 10, 2024 Mohammad S
Diriyah Company, Saudi Arabia annouces the awarding of the contract to build The Ritz Carlton Residences at Diriyah. The Contract was awarded to Saudi Constructioneers …
Tourism

Aseer Investment Company launches operations to drive investment in the Aseer region

February 10, 2024 Mohammad S
Aseer Investment Company (AIC) has launched operations to support the transformation of the Aseer region into a year-round destination with a focus on tourism, sports …
Manufacturing

BENTELER is about to secure a multi-million investment for autonomous HOLON Mover

February 10, 2024 Mohammad S
TASARU Mobility Investments, a Saudi Arabian investment company specializing in automotive initiatives, intends to acquire a minority stake in the BENTELER subsidiary HOLON for a …
Oil and Gas

QatarEnergy selects Nakilat to own and operate conventional LNG vessels

February 10, 2024 Mohammad S
QatarEnergy announced that it has selected Qatar Gas Transport Company Limited (Nakilat) to be the owner and operator of up to 25 conventional-size LNG carriers …
Power

Saudi Arabia announces Pre-Qualified Bidders for Round 5 Solar Projects with Total Capacity 3700 MW

February 9, 2024 Mohammad S
The Saudi Power Procurement Company (SPPC) has announced the Pre-Qualified Bidders for the fifth round of solar projects under the National Renewable Energy Program (NREP) which …

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PPP

NWC awards $148million Contract to Spanish firm Aguas de Valencia

June 10, 2024
The National Water Company (NWC) announced, that it has concluded a Long-Term contract with the Spanish Aguas de Valencia Company to rehabilitate, operate, and maintain …
Power

EWEC and Masdar Signs agreements for UAE’s first utility-scale Wind Programme

October 5, 2023
EWEC (Emirates Water and Electricity Company), UAE, and Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies, have …
Construction

Riyadh Launches $2.1 billion Road Development ‎Program

February 3, 2025
The Royal Commission for Riyadh City (RCRC) has announced the commencement ‎of eight projects under the second phase of the Main and Ring Road Development …
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