Finance
Japan’s JBIC and ADNOC Signs $3 Billion Green Financing Agreement
Abu Dhabi National Oil Company (ADNOC) PJSC (ADNOC) has signed a general agreement with the Japan Bank for International Cooperation (JBIC) for a $3 billion …
News
Construction
Saudi’s Sumou Co. awarded $346.6 million Contract
Sumou Real Estate company, Saudi Arabia announced in a statement that it has signed a contract with Jubail & Yanbu Industrial Cities Services Company “JABEEN” …
Petrochemical
SABIC Agri-Nutrients announces the Development on Blue (low carbon) Ammonia project
SABIC Agri-Nutrients Company, Saudi Arabia announced in a statement that, the company received approval from the Ministry of Energy for allocating the required quantities of …
Oil and Gas
UAE: ADNOC, e& to build energy industry’s largest private 5G wireless network
ADNOC and e&, the global technology group, announced a strategic project to build the energy industry’s largest private 5G wireless network, spanning 11,000 square kilometres …
Oil and Gas
ADNOC Drilling awarded $733 million contract
ADNOC Drilling Company confirmed the award of an estimated total contract value of $733 million, by ADNOC Offshore for three island drilling rigs in support …
Power
EPC Contract awarded for Abu Dhabi’s 1.5GW Al Ajban Solar PV IPP
EDF, in collaboration with Korea Western Power Company (KOWEPO), announces that EPC (Engineering, Procurement, and Construction) contract has been awarded for 1.5 gigawatt (AC) Al …
Power
Abu Dhabi’s Waste to Energy Project achieves financial close
Hitachi Zosen Inova announce that the financial close inclusive of Notice-to-Proceed for the EPC of a groundbreaking project in Abu Dhabi was obtained on 28th …
Oil and Gas
Arabian Pipes awarded $78.1 million Contract
Arabian Pipes Company, Saudi Arabia announced in a statement that it has awarded supply of steel pipes for Jafurah Pipelines Phase II Project. The contract …
Power
Saudi Arabia: Sineng Electric Supplies 1,016MW inverters to Al Kahfah Solar Project
Sineng Electric, a global leading PV+ESS solution provider, has partnered with Larsen & Toubro and supplied 1,016MW of its 6.6MW MV turnkey stations to the …
Petrochemical
Sipchem awards $187 million Ethylene Vinyl Acetate Plant Expansion Project
Sahara International Petrochemical Company (Sipchem), Saudi Arabia announced in a statement that it has awarded of engineering, procurement and construction contracts for the expansion of …