Oil and Gas
Aramco and Luberef Signs MOU to Build Base Oil Plant
Saudi Aramco Base Oil Company – Luberef announces the signing of a Memorandum of Understanding (“MoU”) with Saudi Arabian Oil Company (“Saudi Aramco”). The MOU …
Articles by Mohammad S
Mining
Saudi Arabia Concludes Ninth Licensing Round By Awarding 172 Mining Sites
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 …
Construction
Nesma & Partners awarded main utilities contract for Expo 2030 Riyadh
Expo 2030 Riyadh has awarded its main utilities and civil works package to Nesma & Partners – marking a significant moment in the journey to …
Oil and Gas
Kuwait’s Gulf Dredging received LOI of $172 million from Archirodon
Heavy Engineering Industries & Shipbuilding Co. (HEISCO), Kuwait announced in a statement that its subsidiary “Gulf Dredging & General Contracting Co. (KSC Closed)” has received …
Oil and Gas
Aramco Awards $600 million Contract to Saipem
Global EPC firm, Saipem has been awarded two offshore contracts in Saudi Arabia, known as Contract Release Purchase Orders (CRPO), under its existing Long-Term Agreement with …
Construction
FCC Construcción and Al-Mabani Commences Construction of Third Runway of King Salman International Airport
King Salman International Airport (KSIA), a PIF company, has commenced construction works on the third runway, marking a strategic step that reflects continued progress in …
Finance
UAE’s TAQA and EWEC Announce Financial Closing for the 1 GW Al Dhafra Power Plant
Abu Dhabi National Energy Company PJSC (“TAQA”), UAE, together with Emirates Water and Electricity Company (EWEC), announced the financial closing of the ~ AED 3.6 …
Construction
RCRC announces $2.13 Worth Road Development Projects
The Royal Commission for Riyadh City (RCRC) has announced Package 3 of the Riyadh Main and Ring Road Axes Development Program, comprising six major projects …
Power
Nesma awarded $170.6 million Substation Contract
Nesma Infrastructure & Technology has announced the signing of a new major contract with the Saudi Electricity Company (SEC) for the replacement of the Jubail …
Manufacturing
Al Sharhan Energy and Seiyuan Signs Agreement to Build GIS Factory in Saudi Arabia
Al Sharhan Energy Company has announced a landmark Joint Venture Agreement (JVA) with China-based Sieyuan Electric, marking a historic milestone in the company’s growth and …