April 2, 2026
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Home2026

Year: 2026

Oil and Gas

National Petroleum Services Co. Secures KWD 11.9 Million Contract from Kuwait Oil Company

March 16, 2026 Mohammad S
National Petroleum Services Company (NAPESCO), a Kuwait-based oilfield services provider, has announced that it has received a letter of award from Kuwait Oil Company for …
Construction

NEOM Tunnel Project Awarded to Samsung C&T–Hyundai E&C Consortium Terminated Following Project Restructuring

March 16, 2026 Mohammad S
The developer of NEOM has terminated a major tunnel construction contract valued at approximately USD 1 billion, originally awarded to a consortium led by Samsung …
Oil and Gas

National Energy Services Awarded $300 Million in Cementing Contracts

March 16, 2026 Mohammad S
National Energy Services Reunited Corp. (NESR) an international, industry-leading provider of integrated energy services in the Middle East and North Africa (“MENA”) region, announced that …
Finance

Japan Bank for International Cooperation Signs $413 Million Loan Agreements for Ruwais LNG Project in UAE

March 15, 2026 Mohammad S
The Japan Bank for International Cooperation (JBIC) has signed two loan agreements totaling up to $413 million with Mitsui & Co., Ltd. to support the …
Power

Kuwait Receives Bids for Steam Boiler Upgrade at Al-Subiya Power and Water Station

March 14, 2026 Mohammad S
The Ministry of Electricity, Water and Renewable Energy has received bids for a tender covering upgrade works for eight steam boilers at the Al-Subiya Power …
Construction

Saudi Arabia Announces Mixed-Use PPP Development Project Opportunity in Madinah

March 13, 2026 Mohammad S
National Center for Privatization & PPP (NCP) announced that Al Madinah Regional Municipality, in collaboration with the Ministry of Municipalities and Housing (MOMAH), launched the …
Power

Bahrain’s EWA Receives Bids for 100 MW Bilaj Al Jazayer Solar IPP Project

March 12, 2026 Mohammad S
The Electricity and Water Authority (EWA) has received bids for the development of the Bilaj Al Jazayer Independent Power Project (BAJ Solar IPP), a utility-scale …
Miscellaneous

Advancing Smart Traffic with Edge AI: How Advantech is Powering the Future of Urban Mobility

March 12, 2026 Mohammad S
As traffic congestion, urban expansion, and increasing safety expectations place growing pressure on transportation networks across the Middle East, governments are accelerating investment in intelligent …
Power

KEC International Wins Power Transmission Project in Saudi Arabia

March 12, 2026 Mohammad S
India-based KEC International has announced the award of new Transmission and Distribution (T&D) orders worth ₹1,476 crore across several international markets, including a major power …
Construction

UAE’s Arada awards contracts valued at more than $555 million to build 14 apartment blocks in Aljada

March 12, 2026 Mohammad S
UAE’s Arada has awarded two contracts for the next wave of 2,210 homes in Sharjah’s AED35 billion Aljada megaproject. Collectively valued at AED2.04 billion, the …

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Miscellaneous

Saudi utility company announces the bid results for Airport Substation

April 23, 2019
Saudi utility company, Royal Commission for Jubail & Yanbu announces the bid results for “Construction of 34.5/13.8kV Airport Substation”. The location of substation is located …
Oil and Gas

UAE: ADNOC’s Offshore SARB Field Commences AI-Enabled Digital Operations

July 31, 2024
ADNOC announced that its offshore Satah Al Razboot (SARB) field has achieved a 25% increase in production capacity through the implementation of industry-leading advanced digital …
Power

Oman invites Bids for 500MW Ibri III Solar IPP Project

January 8, 2024
Nama Power and Water Procurement (PWP), Oman invites Request For Qualification for the Development of a New Solar PV Independent Power Project (IPP) at Ibri, …
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