Oil and Gas
Saipem awarded $4.1 billion contract in UAE
Saipem, in consortium with National Petroleum Construction Company (NPCC), has signed today a letter of award with ADNOC for a new contract related to the …
News
Power
Taihan awarded $60million 400kV Cable Works Contract in Bahrain
Taihan Cable & Solution Co., South Korean announced that it has won its first-ever order in Bahrain, worth about $60 million, to build high-voltage power …
Oil and Gas
QatarEnergy awarded offshore exploration block in Egypt
QatarEnergy has been awarded a new exploration block offshore in the Arab Republic of Egypt as part of the 2022 EGAS International Bid Round. The …
Oil and Gas
Baker Hughes awarded $400million Electric-LNG Contract From ADNOC
ADNOC announced, that it has awarded a contract, valued at more than US$400 million (AED 1.47 billion), to Baker Hughes, through its Nuovo Pignone International …
Oil and Gas
Qatar Lays the foundation stone of the North Field expansion project
His Highness Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar, laid the foundation stone of the North Field expansion project, which …
Construction
PIF Announces “Al Balad Development Company” to Develop Jeddah’s Historic District
The Public Investment Fund (PIF), Saudi Arabia has announced the establishment of Al Balad Development Company (BDC). The company will become the main developer of …
Power
NESMA awarded Substation Contracts Worth $213 million in NEOM
Nesma Infrastructure & Technology (NIT), Saudi Arabia has won additional projects with the Saudi Electricity Co. to design, build and commission two transmission substations along …
PPP
DEWA and ACWA Power Signs agreements for $914m Hassyan Sea Water Desalination Project
Dubai Electricity and Water Authority (DEWA), signed a 30-year water purchaser agreement with Saudi Arabia’s ACWA Power for phase 1 of the Hassyan sea water …
Oil and Gas
ADNOC, Occidental Signed agreement for direct air capture project in UAE
ADNOC and Occidental announced an agreement to undertake a joint preliminary engineering study for the construction of the first megaton-scale direct air capture (DAC) facility …
Oil and Gas
Petrofac awarded $615 million Integrated Carbon Capture Projects in UAE
ADNOC Gas plc (ADNOC Gas), UAE, a large-scale integrated gas processing company, announced today it has awarded a $615 million (AED2.26 billion) Engineering, Procurement and …