Oil and Gas
L&T awarded Mega Contract in Middle East for Gas Compression Plants
The Hydrocarbon Business (L&T Energy Hydrocarbon – LTEH) of Larsen & Toubro (L&T) announced that it has recently secured a Letter of Intent for a …
Year: 2023
Transport
Saudi Arabia Railways (SAR) partners with Alstom for Passenger Hydrogen Train
Saudi Arabia Railways (SAR), in partnership with Alstom, a global leader in smart and sustainable mobility, will operate and demonstrate the world’s first passenger hydrogen-powered …
Transport
PIF and SEC Announce the Launch of the Electric Vehicle Infrastructure Company
The Public Investment Fund (PIF) and Saudi Electricity Company (SEC) announced the launch of the Electric Vehicle Infrastructure Company. PIF will own a 75% stake …
Construction
Bahrain received lowest bid of $116m for Bilaj Al Jazayer Hotels and Residences Works
Bilaj Al Jazayer Real Estate Development W.L.L, Bahrain received the bidders proposals for the Main Contract Works Package of Bilaj Al Jazayer Hotels and Residences. …
Power
Bureau Veritas awarded Engineering Services Contract for 1425MW Al Kahfah Solar PV Power Plant
Bureau Veritas, a world leader in testing, inspection and certification, has been awarded by Ishaa Energy Renewable Company, a company owned by ACWA Power and …
Finance
QatarEnergy and Chevron Phillips Secures $4.4 billion Finance for Ras Laffan Petrochemicals Project
QatarEnergy and Chevron Phillips Chemical Company LLC (CPChem) announced that they have secured $4.4 billion financing for the Ras Laffan Petrochemicals project, a world scale …
Power
Saudi Arabia and India Signs MoU for Electrical Interconnectivity, Green Hydrogen Projects
His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Minister of Energy, and The Hon’ble Raj Kumar Singh, Minister of Power and New …
Construction
SIBS receives a new order for an additional delivery of 1,300 apartments to NEOM
SIBS, Sweden has been awarded a new contract to deliver an additional 1,300 apartments to a large-scale residential project in NEOM, a region in northwestern …
Power
Masdar to Develop 10GW Renewable Energy Projects in Malaysia
Masdar, UAE signed an agreement with the Malaysian Investment Development Authority to develop 10GW of renewable energy projects by 2035. The agreement was witnessed by …
Construction
UAE’s Arada awards contracts valued at AED 700 million to build its first Dubai project, Jouri Hills at Jumeirah Golf Estates
Arada has awarded two contracts to build all 294 luxury homes at the master developer’s first project in Dubai, Jouri Hills at Jumeirah Golf Estates. …