March 18, 2026
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Home2025May

Month: May 2025

Oil and Gas

GAS Arabian Services awarded $221.5 million Contracts from SPPC

May 14, 2025 Mohammad S
GAS Arabian Services Company, Saudi Arabia announces that it has awarded two contracts from Saudi Power Procurement Company (Principal Buyer). The combined value of the …
Construction

Bechtel Awarded Delivery Partner Contracts For King Salman International Airport

May 14, 2025 Mohammad S
Bechtel announced that it has signed an agreement with the King Salman International Airport Development Company to serve as the delivery partner for three new …
Construction

Parsons Awarded Delivery Partner Contracts For King Salman International Airport

May 14, 2025 Mohammad S
Parsons Corporation announced that, on the sidelines of the Saudi-US Investment Forum in Riyadh, that the company has been awarded two Delivery Partner (DP) contracts …
Construction

Qatar announces $22.2 billion Worth Infrastructure Projects Plan

May 13, 2025 Mohammad S
The Public Works Authority (Ashghal), Qatar announced the launch of an ambitious five-year plan worth more than QAR 81 billion to implement vital projects across …
Oil and Gas

ADES awarded $217.6 million Jackup Rig Contract extension in Qatar

May 13, 2025 Mohammad S
ADES Holding Company (ADES), Saudi Arabia announce the signing of a multi-year contract extension for its jackup rig, Sapphire Driller, with a major operator in …
Power

ENGIE Signs new PPA for Sohar 1 Power and Desalination Plant

May 11, 2025 Mohammad S
ENGIE announces the successful revival of the Sohar 1 Project in Oman with the signing of a new Power Purchase Agreement (PPA). The Sohar 1 …
Power

Consortium Signs Agreement for $3.7 billion Ras Abu Fontas Power & Water Facility

May 11, 2025 Mohammad S
Qatar General Electricity and Water Corporation (Kahramaa) announces the signing of a strategic agreement with QatarEnergy, Qatar Electricity & Water Company Q.P.S.C, and Sumitomo Corporation …
Construction

Oman Inaugurates $59.7 million Wadi Anaar Dam

May 11, 2025 Mohammad S
The Ministry of Agriculture, Fisheries and Water Resources , Oman celebrated the opening of Wadi Anaar Dam in Salalah, Governorate of Dhofar. The project, which …
Construction

Bahrain: Nass Contracting awarded $128.9 million King Abdullah Medical City Project

May 11, 2025 Mohammad S
NASS CONTRACTING COMPANY (W.L.L) a wholly owned subsidiary of Nass Corporation B.S.C. , Bahrain announces that it has signed a contract to complete the King …
Water

NWC commences $613 million Worth Projects in Jeddah

May 9, 2025 Mohammad S
The National Water Company (NWC), Saudi Arabia announced  the commencement of 15 development projects, valued at over SAR2.3 billion, designed to serve more than 1.3 …

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Oil and Gas

Aramco completes $3.4bn purchase of China’s Rongsheng Petrochemical stake

July 21, 2023
Aramco, one of the world’s leading integrated energy and chemicals companies, has successfully closed a landmark transaction to acquire a 10% interest in Rongsheng Petrochemical …
Oil and Gas

Worley, Aramco Signs Licensing Agreement for Liquids-to-Chemicals Program

January 9, 2024
Worley Comprimo, has signed a General Licensing Agreement with aramco to support its liquids-to-chemicals program. Key to the energy transition, Aramco’s strategy aims to remove …
Water

Target Engineering secured $38.6 million Marine Works contract

November 8, 2020
UAE’s Target Engineering Construction Company, a subsidiary of Arabtec Holding announced in a statement regarding the sub contract award related to Jubail 3A Independent Water …
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