March 22, 2026
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News

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 …
Power

GCCIA Launches $700 million Worth Direct Power Interconnection Project with Oman

February 2, 2026 Mohammad S
The Gulf Cooperation Council Interconnection Authority (GCCIA) announced the commencement of the implementation of the direct electrical interconnection project between the Authority’s grid and Oman’s …
Oil and Gas

McDermott Awarded Landmark Definition Engineering Contract for Qatar’s First Major Offshore Decommissioning Project

February 2, 2026 Mohammad S
McDermott has been awarded a decommissioning definition engineering contract by QatarEnergy for the State of Qatar’s inaugural offshore decommissioning initiative. Under the contract scope, McDermott will develop …

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Diriyah Company Launches Key Substations with Saudi Electricity Company (SEC) to Power Future Development

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