April 30, 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 Trackerâ„¢ …
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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Saipem awarded $550m offshore drilling contracts

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Saipem announced in a statement that it has been awarded two new offshore drilling contracts, one in the Middle East and one in the Mediterranean …
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JBIC Signs Financing Agreement for Yanbu Wind Power Generation Project in Saudi Arabia

January 27, 2026
The Japan Bank for International Cooperation (JBIC) signed a loan agreement in project financing amounting up to approximately USD152 million (JBIC portion) with RIYAH AL …
Power

Oman awards 500MW Manah 2 Solar PV Project to Sembcorp, Jinko JV

March 14, 2023
Sembcorp Industries (Sembcorp), Singapore announces that it has, through an 80%-owned joint venture to be set up by its wholly-owned subsidiary Sembcorp Utilities with Jinko …
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