March 13, 2026
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Home2026February

Month: February 2026

Oil and Gas

MBPS Awarded Three-Rig Drilling Contract from Kuwait Oil Company

February 4, 2026 Mohammad S
Mohammed Al-Barwani Petroleum Services Company (MBPS) has been awarded a significant three-rig drilling contract by Kuwait Oil Company (KOC) under its latest tender program, marking …
Power

GameChange Solar Awarded Trackers Supply Contract for 1,290 MWp Bisha Solar PV Plant in Saudi Arabia

February 4, 2026 Mohammad S
GameChange Solar, a leading global supplier of solar tracker and fixed-tilt racking technology, announced that it has won an order to supply its Genius Tracker™ …
Oil and Gas

Combined Group Contracting Co. Secures Contracts worth $210 million with Kuwait Oil Company

February 3, 2026 Mohammad S
Combined Group Contracting Co. (CGC), Kuwait, has announced the successful signing of multiple high-value contracts with Kuwait Oil Company (KOC), reinforcing its strong position in …
Finance

Oman and Saudi Fund for Development Signs MOU to Finance Thumrait Industrial City project

February 3, 2026 Mohammad S
The Ministry of Finance, Oman and the Saudi Fund for Development (SFD) signed a Memorandum of Understanding (MoU) to finance the construction of the Thumrait …
Power

ACWA Power Company (acwa) led Consortium Signs $4.1 billion Az-Zour North Phase 2 & 3 IWPP Contract in Kuwait

February 3, 2026 Mohammad S
ACWA Power Company (acwa) led consortium signs an Energy Conversion and Water Purchase Agreement for Az-Zour North Phase 2 & 3 IWPP in Kuwait. The …
Oil and Gas

SLB Awarded $1.5 billion Mutriba Field Development Contract in Kuwait

February 3, 2026 Mohammad S
Global technology company SLB announced that Kuwait Oil Company has awarded SLB a $1.5 billion, five-year integrated contract for the Mutriba field in Kuwait, including …
Oil and Gas

QatarEnergy and JERA Signs LNG Supply Agreement

February 3, 2026 Mohammad S
QatarEnergy signed a 27-year Sales and Purchase Agreement (SPA) with Japan’s JERA for the supply of up to 3 million tons per annum (MTPA) of …
Manufacturing

IDOM Awarded FEED Contract for HADEED’s Flat Products Expansion Project in Jubail

February 2, 2026 Mohammad S
IDOM has been awarded the Front-End Engineering Design (FEED) phase for the Flat Products Expansion Project of Saudi Iron and Steel Company (HADEED), marking a …
Construction

Turner & Townsend Awarded Project Management Services Contract for RAK Central

February 2, 2026 Mohammad S
Turner & Townsend, the global professional services company, has been appointed by RAK Central to provide project management services for the 3.1m square foot large-scale …
Water

MACE Qatar – SUEZ SAS JV Commences the Qatar West Drainage O&M Framework

February 2, 2026 Mohammad S
MACE Qatar, in joint venture with SUEZ SAS, has officially launched operations under the Drainage Operations and Maintenance (O&M) Framework for the Qatar West Catchment …

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Oil and Gas

Sinopec Achieves Major Milestone on Saudi Arabia’s Master Gas System Phase 3 Project

January 7, 2026
Sinopec Service has announced that construction progress on the Master Gas System (MGS) Phase 3 project in Saudi Arabia has surpassed the 50% completion mark, …
Transport

Australia’s Avass Group sign MoU to manufacture electric vehicles, lithium batteries in Saudi Arabia

February 6, 2022
Australia-based Avass Group recently announced that they have signed an agreement with Saudi Arabia to jointly manufacture electric vehicles and lithium batteries. The agreement bolsters …
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Faithful+Gould awarded PMC contract for Masdar City Square

August 2, 2022
Faithful+Gould, a member of the SNC-Lavalin Group, announced in a statement that it has been awarded the project management consultancy (PMC) services contract by Masdar …
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