PPP
EWEC issues RFP for Shuweihat S4 Independent Water Project
EWEC (Emirates Water and Electricity Company) UAE, announced that it has issued the Request for Proposals (RFP) to qualified companies and consortiums that had expressed …
Articles by Mohammad S
Construction
UAE’s Arada awards $32.1m key contracts for Masaar
Arada, UAE has announced the award of two contracts together valued at AED118 million at Masaar, the AED8billion richly forested megaproject located in the Suyoh …
Oil and Gas
Halliburton Opens First Oilfield Specialty Chemical Manufacturing Reaction Facility in Saudi Arabia
Halliburton Company announced the opening of the Halliburton Chemical Reaction Plant – the first of its kind in Saudi Arabia to manufacture a broad range …
Construction
Lucid Group Gearing Up for First International Plant in Saudi Arabia
Lucid Group, Inc., announced the signing of agreements with the Ministry of Investment of Saudi Arabia (MISA), the Saudi Industrial Development Fund (SIDF), and the …
Oil and Gas
Saudi Arabia announces discovery of new gas fields
Saudi Aramco has discovered natural gas fields in four major areas around the Kingdom of Saudi Arabia as stated by Ministry of Energy. The four …
AMAALA
AMAALA Awards Contract for 20,000 employees accommodations
AMAALA, the ultra-luxury destination located along Saudi Arabia’s north-western coast, announced in a statement that it has signed a major contract for the infrastructure development …
Power
L&T submits lowest bid of $143.5m for Substation and OHTL
Saudi Electricity Company (SEC) received the bidders proposals for, Construction of Hail-4 380kV BSP and Construction of 380kV Overhead Transmission line for Taibah Power Plant. …
Petrochemical
UAE’s Borouge successfully starts up fifth Polypropylene unit
Borouge, a joint venture between ADNOC and Borealis that provides innovative, value-creating polyolefin solutions, has announced the successful start-up of its new fifth polypropylene unit …
Finance
ACWA Power led consortium achieves financial close for the US$1.59 billion Red Sea Project
A consortium led by ACWA Power, and composed of SPIC Huanghe Hydropower Development Company and Saudi Tabreed Cooling Company, has achieved financial close for the …
Construction
Saudi Arabia awards $746.6m region’s largest water theme park
Qiddiya Investment Company (QIC), Saudi Arabia announced in a statement regarding the award of a contract to build Saudi Arabia’s first and the region’s largest …