April 8, 2026
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News

Oil and Gas

KCA Deutag awarded $402 million Contract Extensions in Saudi Arabia, Oman

October 10, 2024 Mohammad S
KCA Deutag, announced in a statement that it has secured backlog exceeding $900 million in new contracts and extensions for land and offshore drilling projects …
Oil and Gas

UAE’s ADNOC L&S awards $250 million Contracts for Very Large Ammonia Carriers

October 10, 2024 Mohammad S
ADNOC Logistics and Services plc (ADNOC L&S) announced that AW Shipping, its joint venture with Wanhua Chemical Group, has awarded contracts worth $250 million (AED918 …
Oil and Gas

Oman Signs Concession Agreements for Development of 11-A and 51-F

October 9, 2024 Mohammad S
The Ministry of Energy and Minerals signed two concession agreements for the development of concession areas 11-A and 51-F, as part of its efforts to …
Oil and Gas

Oman LNG Signs Agreement with Japanese Kansai Electric Power

October 9, 2024 Mohammad S
Oman LNG announced in a statement that it has signed a Sales and Purchase Agreement (SPA) with the Japanese company Kansai Electric Power FTS PTE. …
Finance

Hafeet Rail Signs $1.5 billion Financing Agreements

October 9, 2024 Mohammad S
Hafeet Rail has signed the bank financing of the Hafeet Rail network project connecting the Port of Sohar with the United Arab Emirates (UAE), with …
Construction

China Tiesiju Civil Engineering Group awarded $54.4 million Contract from DarGlobal

October 9, 2024 Mohammad S
DarGlobal, the international luxury real estate developer, announced in a statement that it has appointed of China Tiesiju Civil Engineering Group Co. Ltd as the …
Power

Saudi Arabia announces Qualified Bidders for Development of Power Plant at Empty Quarter – Rub’al Khali

October 9, 2024 Mohammad S
The Zakat, Tax, and Customs Authority (ZATCA) in collaboration with the National Center for Privatization & PPP (NCP), Saudi Arabia announces the list of qualified …
Construction

UAE’s NMDC awarded $1.37 billion Contract

October 9, 2024 Mohammad S
NMDC Group PJSC, UAE announced in a statement that it has received a letter of award for a new Project in Abu Dhabi. The total …
Oil and Gas

Baker Hughes awarded Largest Integrated Compressor Line Contract in Dubai

October 8, 2024 Mohammad S
Baker Hughes, an energy technology company, announced its largest order ever of Integrated Compressor Line (ICL) units with Dubai Petroleum Establishment (DPE), for and on …
Water

Alkhorayef awarded SAR 39.3 million O&M Contract

October 8, 2024 Mohammad S
Alkhorayef Water and Power Technologies Co., Saudi Arabia Announces the awarding of Contract for “Operation & Maintenance of Water Treatment Plants and Sewage Treatment Plants …

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Construction

Firms Signed Agreement for Ghubra Front Project in Oman

January 25, 2024
Oman’s Al Maha Petroleum Products Marketing Company and Saud Bahwan Group signed an agreement for the commercial investment project “Ghubra Front”, which will be built …
Oil and Gas

ITD Cementation India awarded $67.4 million Ruwais LNG Contract

July 1, 2025
ITD Cementation India Limited announces that it has secured international marine contract in UAE. The value of the contract is Rs 580 Crores (USD 67.4 …
Water

L&T and Lantania JV awarded Ras Mohaisen Desalination Plant Contract

March 13, 2025
The Water & Effluent Treatment (WET) Business of L&T, along with Lantania of Spain, has signed a contract with ACWA Power, a major developer in …
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