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Home2025

Year: 2025

Water

ACWA Power Signs Ras Mohaisen IWP Agreement

February 5, 2025 Mohammad S
ACWA Power Co. announces signing a water purchase agreement (WPA) between Ras Mohaisen First Water Desalination Company, (the project company), and the Saudi Water Partnership …
Power

Saudi Arabia issues RFP for 2,000 MW Battery Energy Storage Systems

February 5, 2025 Mohammad S
Saudi Power Procurement Company (SPPC) issued the Request for Proposals (RFP) to the  Qualified Bidders for Group 1 Battery Energy Storage Systems (BESS). The Combined …
Construction

Oman awards Contract Worth $377.3 million

February 5, 2025 Mohammad S
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 …
PPP

SWPC Signs $693 million Worth Ras Mohaisen Independent Water Plant Project

February 5, 2025 Mohammad S
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

February 5, 2025 Mohammad S
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

February 4, 2025 Mohammad S
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

February 4, 2025 Mohammad S
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

February 4, 2025 Mohammad S
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

February 4, 2025 Mohammad S
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

February 3, 2025 Mohammad S
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 …

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Oil and Gas

Oman LNG Signs Shareholders, Gas Supply Agreements

October 23, 2023
Oman LNG, a joint venture of Oman Investment Authority (OIA), signed today crucial shareholders and gas supply agreement. These agreements solidify Oman LNG’s position as …
Construction

Kuwait’s ALHANI Construction Awarded Egaila Beachfront Contract

January 23, 2026
Kuwait’s ALHANI Construction & Trading Co. has been appointed as the main contractor for the Egaila Beach development project – Plage 7, in collaboration with …
Transport

Royal Commission for Riyadh City Launches Tender for Expo 2030 Metro Station Project

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The Royal Commission for Riyadh City (RCRC) has announced the issuance of a tender for the Design and Construction of the Expo 2030 Metro Station …
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