April 3, 2026
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News

Power

ACWA Power Signs road map for 200 MW onshore-wind and BESS Project in Azerbaijan

October 18, 2023 Mohammad S
ACWA Power announced in a statement that the Company and the Azerbaijan Renewables Energy Agency (AREA) under the Ministry of Energy of Azerbaijan have officially …
Oil and Gas

QatarEnergy and Shell signs two long-term LNG sale and purchase agreements

October 18, 2023 Mohammad S
Affiliates of QatarEnergy and Shell signed two long-term LNG sale and purchase agreements (SPAs) for the supply of up to 3.5 million tons per annum …
Oil and Gas

ADNOC Gas Signs LNG Supply Agreement with JERA valued between $500 -700 million

October 18, 2023 Mohammad S
ADNOC Gas plc, UAE, announced a multi-year liquified natural gas (LNG) supply agreement, valued between $500 million (AED1.8 billion) and $700 million (AED2.5 billion), with …
Construction

United Engineering awarded $136m Safa One development Contract from DAMAC

October 18, 2023 Mohammad S
UAE’s DAMAC Properties has announced the awarding of the main works package for its much-anticipated Safa One de GRISOGONO project. United Engineering Construction Co. LLC …
NEOM

NEOM announces Leyja, its latest tourism destination

October 16, 2023 Mohammad S
The Board of Directors of NEOM, the sustainable regional development taking shape in northwest Saudi Arabia, announced Leyja, its latest tourism destination, further strengthening and …
Construction

Saudi Arabia launches “Ardara” with development of “AlWadi” in Abha as flagship project

October 16, 2023 Mohammad S
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, Chairman of the Public Investment Fund (PIF), announced today …
Oil and Gas

KCA Deutag awarded $200 million contracts in the Middle East and Latin America

October 16, 2023 Mohammad S
KCA Deutag, a leading drilling, engineering and technology partner, has continued to solidify its global presence with the award of $200 million of land drilling …
Oil and Gas

Lamprell awarded two EPCI projects

October 16, 2023 Mohammad S
Lamprell announce that it was awarded two Engineering, Procurement, Construction and Installation (EPCI) contracts to be delivered within the GCC. The scope of work for …
Construction

China Harbour Company awarded earthworks Contract for New Murabba

October 15, 2023 Mohammad S
New Murabba Development Company announced in a statement that it has signed with China Harbour Engineering Co. Ltd, an earthworks excavation contract for the first …
Finance

ACWA Power achieves Financial close for projects with a combined value of over US$14 billion

October 14, 2023 Mohammad S
Saudi-listed ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, has marked a monumental 12-month …

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Water

WABAG awarded $317 million Water Desalination Plant in Saudi Arabia

September 6, 2024
VA TECH WABAG (‘WABAG’), India announces in a statment that it has awarded a Mega Sea Water Reverse Osmosis (‘SWRO’) Desalination Plant in Yanbu, Kingdom …
Oil and Gas

Hyundai Engineering, Hyundai E&C awarded US$2.3 Billion Jafurah 2 Contract in Saudi Arabia

October 26, 2023
During the 50th Anniversary Celebration of Korea-Saudi Construction Cooperation, both Hyundai Engineering and Hyundai E&C announced that the Companies has signed agreement with Saudi Arabia’s …
Oil and Gas

Schlumberger awarded New Contracts in GCC

July 25, 2025
Schlumberger (SLB), USA announces the awarding of contracts across Middle East Countries as part of its second-Quarter 2025 Results. SLB continues to win new contract …
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