Construction
Oman awards Contract Worth $377.3 million
The Tender Board, Oman held its first meeting of the year (2025) during which it awarded a number of tenders and additional works complementing development …
Year: 2025
PPP
SWPC Signs $693 million Worth Ras Mohaisen Independent Water Plant Project
Under the patronage and in the presence of His Royal Highness Prince Dr. Hussam bin Saud bin Abdulaziz, Emir of Al-Bahah Region, His Excellency, the …
Finance
ROSHN Group Secures SAR 2 Billion Credit Facility from Saudi National Bank
ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a PIF Company, has agreed a two billion Saudi Riyal Shariah-compliant credit facility with …
Manufacturing
L&T awarded a Major Expansion Project for a reputed Steel Producer
The Minerals & Metals (M&M) business vertical of L&T will set up a Pellet Plant and a Direct Reduction of Iron (DRI) Plant for a …
Oil and Gas
Oman’s Abraj Energy awarded three rigs extension Contract
Abraj Energy Services, Oman announces the award of an extension for three of its rigs with Petroleum Development Oman (PDO). The extension includes two rigs …
Oil and Gas
Oman launches new investment opportunities in the Oil and Gas
The Ministry of Energy and Minerals in the Sultanate of Oman has announced the launch of new investment opportunities in the Oil and Gas in …
Power
Linxon awarded Rehabilitation of 400 kV Substation Contracts in Iraq
The Iraqi Ministry of Electricity signs three contracts with Linxon to rehabilitate three main 400 kV BSP stations in Baghdad and Diyala part of the …
Hydrogen
ACWA Power, SEFE Signs MOU for Green Hydrogen
ACWA Power, Saudi Arabia has signed a Memorandum of Understanding (MoU) with the German company SEFE Securing Energy for Europe. The collaboration aims to produce …
Oil and Gas
Svitzer awarded New Contract with Oman LNG
Svitzer announces that it has signed a large, 9-year terminal towage contract with Oman Liquefied Natural Gas LLC (Oman LNG), a joint venture company established …
Power
Raissy Company awarded $143 million Contracts from SEC
Raissy Trading & Contracting Co. Ltd., Saudi Arabia announces that it has awarded two Projects from Saudi Electricity Company (SEC). The combined value of the …