April 30, 2026
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Home2026February

Month: February 2026

Power

Synergy Consulting Advises on 2.4 GW CCGT Projects for PWP

February 13, 2026 Mohammad S
Synergy Consulting, Inc. announces its role as Lead Financial and Commercial Advisor to Oman Power and Water Procurement Company SAOC (PWP) for the successful procurement …
Oil and Gas

Oman Signs Concession Agreement for Offshore Block 18

February 13, 2026 Mohammad S
The Ministry of Energy and Minerals, on behalf of the Government of the Sultanate of Oman, has signed a concession agreement for Offshore Block (18), …
AI and Data Center

Aramco and Microsoft Signs MOU to help advance industrial AI and digital talent transformation

February 13, 2026 Mohammad S
Aramco, one of the world’s leading integrated energy and chemicals companies, and Microsoft have signed a non-binding Memorandum of Understanding (MoU) to help Aramco explore …
Construction

Hassan Allam and Tilal Real Estate Launches “Noor Khuzam” – New Residential Communities in Riyadh

February 12, 2026 Mohammad S
The Saudi capital, Riyadh, witnessed the launch of “Noor Khuzam,” one of the most prominent new residential communities in the northern part of the city. …
Oil and Gas

Petro Rabigh and KBR Sign 10-Year Partnership to Strengthen Polymer Plant Operations

February 12, 2026 Mohammad S
Petro Rabigh has signed a new 10-year partnership agreement with KBR to provide comprehensive maintenance services for its Polymer plants in Rabigh. The long-term collaboration …
Oil and Gas

QatarEnergy wins Libya offshore exploration license

February 12, 2026 Mohammad S
QatarEnergy announces that it has won an offshore exploration license in the State of Libya following the conclusion of the “Libya Bid Round”, marking QatarEnergy’s …
Construction

King Salman International Airport Signs MOUs for Mixed-use Real-estate Projects

February 11, 2026 Mohammad S
King Salman International Airport, a Public Investment Fund (PIF) company, announced the signing of seven memoranda of understanding (MoUs) and cooperation agreements with a group …
Construction

Rua Al Madinah Holding Signs MoU with “Danantara Indonesia” to Explore Investment Opportunities

February 11, 2026 Mohammad S
Rua Al Madinah Holding Co., a PIF company, signed a Memorandum of Understanding with PT Danantara Investment Management, the investment arm of Danantara Indonesia, to …
Transport

Spain’s Indra Group Awarded $154.2 million O&M Extension Contract for Haramain High-Speed Railway

February 11, 2026 Mohammad S
Spain’s Indra Group Announces that it will continue to support and operate the technological rail traffic management, signalling, telecommunications, booking, ticketing, access control, safety and …
PPP

Ion Exchange Awarded $191.3 million PDO Contract for Water & Sewage Facilities

February 11, 2026 Mohammad S
Ion Exchange (India) Limited has announced that its subsidiary, Ion Exchange and Company LLC, Oman, has been awarded a significant long-term contract by Petroleum Development …

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Oman Sign MoU for Operating, developing Khasab Port with Hutchison Ports

March 15, 2022
The Ministry of Transport, Communications and Information Technology, Oman signed a Memorandum of Understanding (MoU) with Oman International Container Terminal Company (Hutchison Ports Sohar) to …
Power

Doosan Enerability awarded $1.54 billion Rumah 1 and Nairyah 1 Power Plants

March 13, 2025
Doosan Enerability, South Korea announces that it has signed a contract for the construction of Rumah -1 and Al-Nairyah -1 gas-fired combined cycle power plant …
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Arada Awards AED128 Million Contract to Build Raffles World Academy in Aljada, Sharjah

October 7, 2025
UAE’s Arada has awarded the main construction contract for the second school at Aljada, the AED35 billion mixed-use megaproject in Sharjah. Valued at AED128 million, …
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