April 1, 2026
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Home2026

Year: 2026

Oil and Gas

Kuwait Oil Company Signs $676.8 million Major Logging and Perforation Services Contracts

January 4, 2026 Mohammad S
Kuwait Oil Company (KOC) has Signed a series of contracts for the provision of logging and perforation services as part of its ongoing efforts to …
Construction

Oman Approves Contracts Worth $943 million

January 3, 2026 Mohammad S
The Tender Board of Oman approved a major portfolio of government contracts and project amendments valued at more than RO 363 million during its fourth …
Power

SEC Boosts Aramco Stadium Energy Readiness for World Cup 2034

January 2, 2026 Mohammad S
Saudi Electricity Company (SEC) announced the completion of the power transmission substation for Aramco Stadium in Al-Khobar, highlighting its pivotal role in supporting energy infrastructure …
Water

Alkhorayef awarded $41.3 million Contract from Jeddah Amana Municipality

January 1, 2026 Mohammad S
Alkhorayef Water and Power Technologies Co., Saudi Arabia Announces the Award of a Contract from Jeddah Amana Municipality. The value of the contract is SAR …
Manufacturing

Riyadh Cement awards $15.8 million Natural Gas Conversion Project

January 1, 2026 Mohammad S
Riyadh Cement Co. Announces that it has signed EPC contract for the conversion to natural gas under the Liquid Fuel Displacement Program. The value of …
Oil and Gas

Aramco and Luberef Signs MOU to Build Base Oil Plant

January 1, 2026 Mohammad S
Saudi Aramco Base Oil Company – Luberef announces the signing of a Memorandum of Understanding (“MoU”) with Saudi Arabian Oil Company (“Saudi Aramco”). The MOU …
Mining

Saudi Arabia Concludes Ninth Licensing Round By Awarding 172 Mining Sites

January 1, 2026 Mohammad S
Saudi Arabia’s Ministry of Industry and Mineral Resources (MIM) announced the names of 24 companies and consortia that have won licenses in the ninth exploration …

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  • NEOM Terminates $4.7 billion Trojena Mountain Destination Project
    NEOM Terminates $4.7 billion Trojena Mountain Destination Project
  • Nesma Awarded $66.6 Million 230/69 kV Substation Project
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Oil and Gas

SPETCO awarded Budour Tayseer Gas Project from PDO

December 10, 2025
Petroleum Development Oman (PDO) has entered into a landmark 15-year agreement with SPETCO Middle East LLC to develop the Budour Tayseer Gas Project (BTGP), reinforcing …
Construction

SAMSUNG E&A awarded EPC Contract for Polylactic Acid (PLA) Production Plant

April 14, 2025
Emirates Biotech, UAE announces that it has selected SAMSUNG E&A as the contractor for its upcoming Polylactic Acid (PLA) production plant in the United Arab …
Mining

Saudi Arabia invites Pre-Qualifications for licensing of five exploration sites

February 14, 2023
Ministry of Industry and Mineral Resources (MIM), Saudi Arabia announced the launch of the pre-qualification stage of the licensing for five exploration sites in the …
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