April 30, 2026
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Home2025

Year: 2025

Water

VA TECH WABAG, HEISCO JV submits lowest bid of $374 million for Desalination Plant in Kuwait

August 12, 2025 Mohammad S
Heavy Engineering Industries & Shipbuilding Co. (HEISCO), Kuwait announces that along with its JV, VA TECH WABAG LTD submits the lowest bid for Desalination Plant …
Construction

AECOM awarded PMC Contract for The Avenues – Riyadh Phase II

August 12, 2025 Mohammad S
AECOM announced that it has been appointed by Shomoul Holding Company as the Project Management Consultant (PMC) and engineer for Phase II of The Avenues …
Power

ACWA Power, GIC Consortium Signs $4 billion Az Zour North Phase 2 & 3 IWPP in Kuwait

August 10, 2025 Mohammad S
ACWA Power, Saudi Arabia and Gulf Investment Corporation (GIC), Kuwait Consortium has secured greenfield Az Zour North Phase 2 & 3 Independent Water and Power …
Power

PowerChina Subsidiary Breaks Ground on 200 MW Wind Power Project in Oman

August 9, 2025 Mohammad S
China Hydropower Engineering Bureau No. 10, a Subsidiary of PowerChina announces the groundbreaking ceremony for the Oman Riyah Wind Power Project, Oman’s first wind power …
Oil and Gas

Hill International awarded PMC Contract for $8 billion energy project in Libya

August 8, 2025 Mohammad S
Mellitah Oil and Gas, a joint venture between Libya’s National Oil Corporation and Italian energy firm Eni, has selected Hill International, Inc. as project management …
Finance

ACWA Power, SEC and KEPCO Secures $3.4 billion Senior Debt Financing for 3.6GW Power Projects

August 8, 2025 Mohammad S
ACWA Power, and Saudi Electricity Company (SEC) in collaboration with Korea Electric Power Corporation (KEPCO), announced the signing of senior debt financing documents for Rumah …
Construction

UAE’s Arada awards $168.2 million Construction Contract

August 8, 2025 Mohammad S
UAE’s Arada has awarded the construction contract for the construction of Anantara Sharjah Resort and Anantara Sharjah Residences, the luxury seafront destination on Al Heera …
Transport

Saudi Ports and Petrotank Signs $134 million Agreement for Ship Refueling Center

August 6, 2025 Mohammad S
The Saudi Ports Authority (Mawani) and the National Petroleum & Petrochemical Tank & Pipelines Company (Petrotank) have signed a land lease agreement to establish an …
Oil and Gas

Bilfinger awarded FEED contract from KNPC

August 6, 2025 Mohammad S
International industrial services provider Bilfinger announces that it has awarded a major Front-End Engineering Design (FEED) contract from Kuwait National Petroleum Company (KNPC) for the …
Power

Oman Launches Qualification Phase for First Waste-to-Energy Project

August 4, 2025 Mohammad S
Nama Power and Water Procurement Company (PWP), Oman announces the commencement of the Request for Qualification (RFQ) process for the country’s first utility-scale Waste-to-Energy Project …

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Oil and Gas

Aramco, Pasqal signs agreement to deploy first quantum computer in KSA

May 27, 2024
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed an agreement with Pasqal, a global leader in neutral atom quantum computing, …
Power

UAE’s Lamprell delivers its 29th new build jackup rig

November 11, 2023
Following a handover signing ceremony held at Lamprell’s Hamriyah facility on 6 October 2023 and a rig naming ceremony that took place in KSA on …
Power

ACWA Power’s Subsidiary awarded $356 million Contract extension in Oman

April 25, 2024
ACWA Power, Saudi Arabia announces that its subsidiary, Barka Water and Power Company SAOG (BWPC) has received a letter of award from Nama Power and …
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