April 5, 2026
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News

Petrochemical

TA’ZIZ, Proman partner to develop world-scale methanol facility in Ruwais

March 3, 2022 Mohammad S
Abu Dhabi National Oil Company (ADNOC) announced that it has signed an agreement with Proman, one of the world’s leading producers of methanol, to develop …
PPP

EWEC issues RFP for Shuweihat S4 Independent Water Project

March 3, 2022 Mohammad S
EWEC (Emirates Water and Electricity Company) UAE, announced that it has issued the Request for Proposals (RFP) to qualified companies and consortiums that had expressed …
Construction

UAE’s Arada awards $32.1m key contracts for Masaar

March 2, 2022 Mohammad S
Arada, UAE has announced the award of two contracts together valued at AED118 million at Masaar, the AED8billion richly forested megaproject located in the Suyoh …
Oil and Gas

Halliburton Opens First Oilfield Specialty Chemical Manufacturing Reaction Facility in Saudi Arabia

March 2, 2022 Mohammad S
Halliburton Company announced the opening of the Halliburton Chemical Reaction Plant – the first of its kind in Saudi Arabia to manufacture a broad range …
Construction

Lucid Group Gearing Up for First International Plant in Saudi Arabia

March 1, 2022 Mohammad S
Lucid Group, Inc., announced the signing of agreements with the Ministry of Investment of Saudi Arabia (MISA), the Saudi Industrial Development Fund (SIDF), and the …
Oil and Gas

Saudi Arabia announces discovery of new gas fields

February 27, 2022 Mohammad S
Saudi Aramco has discovered natural gas fields in four major areas around the Kingdom of Saudi Arabia as stated by Ministry of Energy. The four …
AMAALA

AMAALA Awards Contract for 20,000 employees accommodations

February 27, 2022 Mohammad S
AMAALA, the ultra-luxury destination located along Saudi Arabia’s north-western coast, announced in a statement that it has signed a major contract for the infrastructure development …
Power

L&T submits lowest bid of $143.5m for Substation and OHTL

February 25, 2022 Mohammad S
Saudi Electricity Company (SEC) received the bidders proposals for, Construction of Hail-4 380kV BSP and Construction of 380kV Overhead Transmission line for Taibah Power Plant. …
Petrochemical

UAE’s Borouge successfully starts up fifth Polypropylene unit

February 24, 2022 Mohammad S
Borouge, a joint venture between ADNOC and Borealis that provides innovative, value-creating polyolefin solutions, has announced the successful start-up of its new fifth polypropylene unit …
Finance

ACWA Power led consortium achieves financial close for the US$1.59 billion Red Sea Project

February 24, 2022 Mohammad S
A consortium led by ACWA Power, and composed of SPIC Huanghe Hydropower Development Company and Saudi Tabreed Cooling Company, has achieved financial close for the …

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Oil and Gas

Saudi Steel Pipe awarded SAR 138.6m supply contracts from Aramco

February 6, 2024
Saudi Steel Pipe Co. (SSP) announced in a statement, that it has secured the contract for supply of oil and gas steel pipes from Saudi Aramco. …
Oil and Gas

UAE: Samsung, Hanwah and Jiangnan Shipyard awarded $ 4.4 billion Contracts

November 8, 2024
ADNOC Logistics & Services (ADNOC L&S), UAE announced in a statement that it has signed contracts with a number of international companies to grow its …
NEOM

Port of NEOM announces Major Milestone

June 13, 2025
Port of NEOM, set to become an advanced and sustainable port,  announces that it has marked a major milestone with the arrival of the first …
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