February 1, 2026
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News

Oil and Gas

Seatrium awarded Jack-up Rig Contract in Saudi Arabia

December 14, 2025 Mohammad S
Seatrium Offshore Technology, the flagship offshore jack-up designer for Seatrium Group, has been awarded a repeat contract by International Maritime Industries (IMI), the largest shipyard …
Construction

Dubai awards Major Roads interchange Contract

December 14, 2025 Mohammad S
Dubai’s Roads and Transport Authority (RTA) has awarded the Contract for Sheikh Zayed bin Hamdan Al Nahyan Street Intersection Development with Al Awir Road and …
Construction

Hassan Allam awarded $250 million Contract to build the iconic Afreximbank African Trade Centre in Egypt’s New Capital

December 14, 2025 Mohammad S
Hassan Allam Construction, a subsidiary of Hassan Allam Holding, has been awarded a landmark USD 250 million contract for the construction of the African Export-Import …
Finance

Saudi Electricity Company Signs Up to $1 Billion Financing Agreement with Italian Export Credit Agency (SACE)

December 13, 2025 Mohammad S
Saudi Electricity Company (SEC) has signed a landmark financing agreement with the Italian Export Credit Agency (SACE), with a total value of up to USD …
Hydrogen

Meranti Green Steel Oman and Amnah Energy cooperate on Ggreen Hydrogen Supply

December 13, 2025 Mohammad S
Meranti Green Steel Oman has signed a Memorandum of Understanding with Amnah Energy, a consortium comprised of Copenhagen Infrastructure Partners’ Energy Transition Fund (CIP), Blue …
Oil and Gas

ORION Achieves Major Milestone for Amiral Petrochemical Complex Project

December 12, 2025 Mohammad S
ORION, Italy announces a milestone that redefines the limits of industrial manufacturing, the completion of a 114-inch Wedge Gate Valve, weighing over 120 tons. The …
Oil and Gas

CWHI Achieves Major Milestone for QatarEnergy’s Project

December 12, 2025 Mohammad S
CWHI (CNOOD-Wenchong Heavy Industries), China announces that it has successfully delivered Buoyancy Tanks to QatarEnergy LNG for the NFPS COMP2 Project in Qatar. Each tank …
Water

Dubai Engineering awarded EPC Contract for Chlorine Dioxide System Plant

December 12, 2025 Mohammad S
Dubai Engineering (DECO Group) announces that it has been awarded the EPC works for the Chlorine Dioxide System (Plant / NW-TAW-CDS) at Taweelah by TAQA …
Oil and Gas

UAE’s Dana Gas Announces Further Success in Egypt’s Onshore Nile Delta with a Significant Discovery

December 12, 2025 Mohammad S
UAE’s Dana Gas PJSC announced the successful drilling of the North El-Basant 1 exploratory well in Egypt’s onshore Nile Delta, confirming a significant new gas …
Oil and Gas

Kuwait’s Mechanical Engineering Company awarded $113 million KOC Project

December 11, 2025 Mohammad S
Kuwait Oil Company (KOC) awards the Project, Incoming Sub -Group Manfolds and Group Trunk Lines ( MGT) Project in North Kuwait Area. The Project has …

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Construction

Parsons awarded King Abdullah Financial District (KAFD) expansion Contract

August 23, 2023
Parsons Corporation announced that the company was awarded a 5-year contract by the King Abdullah Financial District Development and Management Company (KAFD DMC) for project …
Power

UAE’s Fujairah F3 Power Plant Begins Full Commercial Operations

October 27, 2025
Emirates Water and Electricity Company (EWEC), Abu Dhabi National Energy Company PJSC (TAQA), Marubeni Corporation, Mubadala Investment Company and Hokuriku Electric Power Company announced the …
Power

E-FILL owned by ASX E-Mobility Announces the First EV Charging Tariff in the Kingdom and Expands its Charging Station Network

December 19, 2024
In a pioneering step that supports Saudi Arabia’s Vision 2030 and enhances the shift towards clean energy in the transportation sector, ASX E-Mobility, the owner …
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