April 7, 2026
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News

Power

Saipem awarded $2 billion new offshore contract in Saudi Arabia

September 18, 2024 Mohammad S
Saipem announced in a statement that it has been awarded a new offshore contract, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the …
Power

UAE: Ministry of Energy and Infrastructure, Siemens Energy to drive green energy

September 17, 2024 Mohammad S
The Ministry of Energy and Infrastructure (MoEI) and Siemens Energy have signed a Memorandum of Understanding to collaborate on driving the future of green and …
Construction

Oman inaugurates $40 million Al Mazyouna Hospital

September 17, 2024 Mohammad S
The Ministry of Health, Oman celebrated the inauguration of Al Mazyouna Hospital in Dhofar Governorate to the tune of RO 15.4 million. The project aims …
Water

Alkhorayef awarded $58.6 million Contract in Dammam

September 17, 2024 Mohammad S
Alkhorayef Water and Power Technologies Co., Saudi Arabia Announces the awarding of Expansion of Tertiary Treatment Plant in Dammam. The value of the contracts is …
Construction

Saudi’s Red Sea International Co. Subsidiary Signs $405.8 million MEP Works Contract

September 17, 2024 Mohammad S
Red Sea International Company, Saudi Arabia announces that its subsidiary, The Fundamental Installation for Electric Work Co. Ltd. has signed a contract with Modern Building …
Finance

EDF, KOWEPO and Masdar announces Financial Close of 1.5 GW Al Ajban Solar PV Project

September 17, 2024 Mohammad S
The project company, led by EDF Renewables and Korea Western Power (KOWEPO), alongside their partner Abu Dhabi Future Energy Company PJSC – Masdar, announced the …
Construction

UAE’s Meraas awards $231.4 million construction contract for Bvlgari Lighthouse

September 16, 2024 Mohammad S
Meraas, a member of Dubai Holding Real Estate, has awarded a contract for construction work of the Bvlgari Lighthouse on Jumeira Bay Island to Dutco …
Manufacturing

Ma’aden, Alba Announces Non-Binding Agreement to Explore Potential Business

September 16, 2024 Mohammad S
Saudi Arabian Mining Company (Ma’aden), the region’s largest multi-commodity metals and mining company, and Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminium smelters, …
Power

Oman announces Qualified Bidders for the Development of Wind IPPs

September 16, 2024 Mohammad S
Nama Power and Water Procurement Company (PWP), the exclusive procurer of power and water in the Sultanate of Oman, announces the list of qualified applicants …
Oil and Gas

Saipem awarded $4 billion EPC contract in Qatar

September 16, 2024 Mohammad S
Saipem announced in a statement that it has been awarded an offshore EPC contract by QatarEnergy LNG for the Combined COMP3A & COMP3B of the …

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Oil and Gas

National Energy Services Awarded $300 Million in Cementing Contracts

March 16, 2026
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 …
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ADES awarded $470 million Offshore Jackups rigs in Saudi Arabia and Egypt

April 9, 2025
ADES Holding Company, Saudi Arabia announce that it has signed a contract renewal for one of its standard offshore jackup rigs in Saudi Arabia and …
Finance

Masdar Achieves Financial Close on Uzbekistan’s 500MW Wind Project

September 3, 2022
Masdar, UAE, announced that it has achieved financial close on the 500-megawatt (MW) Zarafshan wind project – Uzbekistan’s first utility-scale wind farm. The announcement was …
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