February 11, 2026
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News

Oil and Gas

ADNOC L&S, Samsung Heavy Industries Signs LOI for LNG Carriers

May 30, 2024 Mohammad S
ADNOC Logistics and Services plc (ADNOC L&S), UAE and South Korean shipyard Samsung Heavy Industries Co. Ltd., have signed a Letter of Intent for the …
PPP

Saudi Arabia Launches Pre-Qualification Program for future Water Projects

May 30, 2024 Mohammad S
Saudi Water Partnership Company (SWPC) Announces the Launch of a Pre-qualification Program for Developers to develop its future projects in the sectors of Water Production …
Water

WABAG awarded O&M Contract of Al Duqm Desalination Plant

May 29, 2024 Mohammad S
VA TECH WABAG (‘WABAG’), a leading pure play water technology Indian Multinational Group announced in a statement that it has secured an order worth around …
Oil and Gas

Saudi’s Gas Arabian Services Signs $202.8 million EPC contracts with Aramco

May 29, 2024 Mohammad S
GAS Arabian Services Co. (GAS), Saudi Arabia announced that it has signed two engineering, procurement, and construction (EPC) contracts with Saudi Arabian Oil Co. (Saudi …
Oil and Gas

ABL awarded Safaniya jacket installations Contract

May 29, 2024 Mohammad S
ABL has been awarded a contract by China Offshore Oil Engineering Company (COOEC) to provide marine warranty survey (MWS) services for the build-out of the …
Petrochemical

Tecnimont (MAIRE) Commence Construction of TA’ZIZ 1mtpa Low-Carbon Ammonia Facility in UAE

May 28, 2024 Mohammad S
Further to the announcement made on 7 July 2022, MAIRE (MAIRE.MI) informs that Tecnimont (Integrated E&C Solutions) has received from Fertiglobe the notice to proceed …
Finance

SWPC Announces Financial Close of Juranah Independent Strategic Water Reservoir

May 28, 2024 Mohammad S
Saudi Water Partnership Company (SWPC)  announces the successful financial close for the Juranah Independent Strategic Water Reservoir (ISWR) project in Makkah. This landmark project will …
Oil and Gas

Jereh Signs Preliminary Development Contract for Iraq’s Mansuriya Gas Field

May 28, 2024 Mohammad S
Jereh Group announces that, recently it has signed a preliminary development contract with the Midland Oil Company of Iraq (MdOC) to jointly develop the Mansuriya …
Oil and Gas

Aramco, Pasqal signs agreement to deploy first quantum computer in KSA

May 27, 2024 Mohammad S
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed an agreement with Pasqal, a global leader in neutral atom quantum computing, …
Transport

Saudi’s Mawani and DP World break ground on $250 million logistics park at Jeddah Islamic Port

May 26, 2024 Mohammad S
DP World and Saudi Ports Authority (Mawani) have commenced construction of a new SAR900 million ($250 million) logistics park at Jeddah Islamic Port, set to …

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Finance

Marubeni signed financing deal of $235m for Rabigh Solar PV Plant

March 31, 2021
The Japan Bank for International Cooperation (JBIC) announced in a statement that it has signed a financing agreement for the Rabigh Solar PV Plant of …
Finance

Standard Chartered arranges financing for Saudi-Egypt electricity interconnection project

October 18, 2022
Standard Chartered Bank (with Sumitomo Mitsui Banking Corporation) announces the provision of a $566.4m Export Credit Agency supported Islamic financing facility for Saudi Electricity Company …
Oil and Gas

Oman LNG Signs Binding Term-sheet Agreement with Turkish BOTAŞ

January 30, 2023
Oman LNG announced the signing of binding term-sheet agreement with Turkish BOTAŞ Petroleum Pipeline Corporation (BOTAS) to supply 1 million metric tonnes per annum (mtpa) …
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