January 2025 - Page 2 of 11 - SaudiGulf Projects

UAE’s Borouge awarded $100 million Supply Contracts

January 28, 2025 Mohammad S

Borouge Plc, UAE, has announced new supply agreements and collaborations valued at over $100 million (AED367 million), reinforcing the company’s leading position in advancing sustainability …

NEOM Secures $3 billion Financing

January 28, 2025 Mohammad S

NEOM has announced the successful closing of a landmark export credit agency (ECA) financing transaction, with Italy’s SACE, securing approximately USD 3 billion under a …

Naz Steel Industries Secures PEB Contract from SIRC for Three Medical Waste Recycling Facilities

January 28, 2025 Mohammad S

The Saudi Investment Recycling Company (SIRC), a subsidiary of the Public Investment Fund (PIF), has awarded NAZ Steel Industries (https://nazindustries.com) the contract to design, supply, …

ADNOC Gas, JERA Signs $450 million Worth LNG supply agreement

January 27, 2025 Mohammad S

ADNOC Gas plc announced the signing of a $450 million (AED1.653 billion) three-year liquefied natural gas (LNG) supply agreement with JERA Global Markets Pte. Ltd. …

China State Construction awarded over $272 million Contract in UAE

January 27, 2025 Mohammad S

Meraas, a member of Dubai Holding Real Estate, has awarded a construction contract worth over AED1 billion to China State Construction Engineering Corporation (Middle East) …

CESI, SEC Subsidiary Signs MoU

January 27, 2025 Mohammad S

CESI Group strengthened its ties with Saudi Arabia by signing a Memorandum of Understanding (MoU) with the Saudi Electricity Project Development Company (PDC), part of …

L&T announced as a preferred EPC Contractor for North Site of World’s First 24/7 Solar PV and Battery Storage Gigascale Project

January 27, 2025 Mohammad S

The renewables business vertical of L&T has been selected by Masdar, as one of the preferred Engineering, Procurement and Construction (EPC) contractors for the north …

ADNOC Achieves Industry-Leading Carbon Intensity at Shah Oil Field

January 26, 2025 Mohammad S

ADNOC announced that its onshore Shah Field has achieved an industry-leading carbon intensity of 0.1 kilograms of carbon dioxide equivalent per barrel of oil equivalent …

“NovusCrete” Consortium launched for Sustainable Concrete Innovation

January 26, 2025 Mohammad S

A Consortium comprises of several leading entities signs Memorandum of Understanding (MoU) to launch the “NovusCrete” Consortium, aimed at leading innovation in sustainable concrete. The …

KKR and Gulf Data Hub Form Strategic Partnership

January 26, 2025 Mohammad S

Gulf Data Hub (GDH), one of the largest independent data center platforms in the Middle East focused on serving hyperscale demand across the Gulf countries, …

Red Sea awarded $65.5m Contract from Baker Hughes

December 1, 2021

Red Sea International Co. Saudi Arabia announced in a statement that it has signed a seven-year contract with Baker Hughes to design, manufacture, supply and manage …

L&T awarded UAE substation contract

February 18, 2019

Press Release: 14-02-2019: India’s Larsen & Toubro (L&T) secured an order for construction, supply, installation, testing and commissioning of a 132/11kV Substation and associated works …

Saudi Arabia invites prequalification for Umm Ad Damar exploration license

May 27, 2022

Ministry of Industry and Mineral Resources, Saudi Arabia launched the prequalification round for Umm Ad Damar exploration license in Madinah under its “Accelerated Mining Initiative”, …