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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

NESR awarded long-Form Well Testing contract

March 7, 2023
National Energy Services Reunited Corp (NESR) announced that it has been awarded a long-Form Well Testing contract in Saudiarabia. The Contract was awarded by Aramco. …
Power

UAE’s Drydocks World in partnership with GE Vernova awarded Ostwind 4 project in Germany

December 16, 2024
Drydocks World, in partnership with GE Vernova, has secured a landmark project to build and install Ostwind 4, a two-gigawatt (GW) offshore wind grid connection …
Mining

Oman Marks Groundbreaking for Redevelopment Project at Lasil and Al Baydha Copper Mines

February 26, 2024
Minerals Development Oman Company (MDO) celebrated the groundbreaking ceremony for redeveloping the Lasil and Al Baydha copper mines in Block 4 of the Wilayats of …
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