April 6, 2026
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News

Finance

Saudi Arabia: Firms announces financial close of Taiba 2, Qassim 2 Power Plants

July 13, 2024 Mohammad S
Aljomaih Energy & Water Co. and its consortium members Ajlan & Bros Group, Buhur for Investment Company, and the EDF Group, achieved the financial close …
Oil and Gas

Saipem signs framework agreement for Azerbaijan Project

July 13, 2024 Mohammad S
Saipem announces the signing of a framework agreement between BP Exploration (Caspian Sea) Limited and a consortium composed of Saipem Contracting Netherlands B.V., BOS Shelf …
Oil and Gas

ADES Holding awarded $351 million jackup drilling rigs contract extension

July 11, 2024 Mohammad S
ADES Holding Company, Saudi Arabia announces that it has secured a contract extension for one of its standard jackup drilling rigs operating in the Kingdom …
Power

Elsewedy awarded $274.7 million Contract in Qatar

July 11, 2024 Mohammad S
Aamal Company Q.P.S.C. (“Aamal”), one of the region’s leading diversified companies, is announces that Elsewedy Cables Qatar – a subsidiary of Senyar Industries Qatar Holding …
Oil and Gas

UAE: ADNOC deploys AIQ’s RoboWell AI solution in offshore operations

July 11, 2024 Mohammad S
ADNOC announced the deployment of RoboWell, AIQ’s pioneering artificial intelligence (AI) autonomous well-control solution, in its operations at the offshore NASR field. This world-first offshore …
Construction

China State and El Seif Co. awarded $2 billion Contract by Diriyah Company

July 10, 2024 Mohammad S
Diriyah Company, Saudi Arabia announced in a statement that it has signed a record-breaking construction contract to develop the Northern mixed-used district in the north …
Construction

Saudi Arabia announces The Global Sports Tower, the tallest sports tower in the world

July 10, 2024 Mohammad S
The board of directors of the Sports Boulevard Foundation (SBF), chaired by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, …
Oil and Gas

Global Firms Joins ADNOC’s Ruwais LNG Project

July 10, 2024 Mohammad S
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has met …
Manufacturing

Critical Metals, Obeikan Group Signs JV for Lithium Hydroxide Plant in Saudi Arabia

July 10, 2024 Mohammad S
Critical Metals Corp., a leading mining development company focused on critical metals and minerals and producing strategic products essential to electrification and next generation technologies …
Construction

China Machinery Engineering Signs Bahrain’s Housing Project

July 10, 2024 Mohammad S
The Ministry of Housing and Urban Planning, Bahrain signed an agreement with Chinese company China Machinery Engineering Corporation (CMEC) to implement the third phase of …

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Water

Kuwait signed a deal of $ 10 million for Chlorine Dioxide Plant at North Azzour WDC

September 12, 2019
Kuwait’s Ministry of Electricity & Water signed the project “Construction of Chlorine Dioxide Plant at North Azzour Water Distribution Complex (WDC)”. The project has been …
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Miscellaneous

Dubai issued RFQ for 900MW Solar Project

February 28, 2019
28-02-2019: UAE United Arab Emirate’s Utility Company,  Dubai Water and Electricity Authority (DEWA) has started the tender process for the Phase V to expand the Mohammed bin …
Power

L&T awarded 380kV Substation and OHTL contract in KSA

January 9, 2022
Saudi Electricity Company (SEC) awarded the projects, Construction of Al Uwayqilah 380kV BSP and 380kV Overhead Transmission line between Buhira BSP and Tabouk BSP. The …
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      • The Red Sea Dev.
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