Nama Power & Water Procurement Company (PWP), Oman, has announced the list of applicants for the development o ..Read More

Nama Power & Water Procurement Company (PWP), Oman, has announced the list of applicants for the development of Misfah IPP in Muscat and Duqm IPP in Al Wusta. The two combined cycle gas turbine power plants, with a total capacity of 2,400 MW, will be developed in partnership with the private sector. Notable applicants include ACWA Power, Marubeni Corporation, Sumitomo Corporation, and Samsung C&T. The projects, issued under a build-own-operate model, follow PWP’s December 2024 Expression of Interest to enhance Oman’s energy security and sustainability.
Read Less

• Power
• PPP

Modon Holding P.S.C (UAE) and Elsewedy Industrial Development (Egypt) signed an LOI to develop a 10 million sq ..Read More

Modon Holding P.S.C (UAE) and Elsewedy Industrial Development (Egypt) signed an LOI to develop a 10 million sqm industrial zone for the Ras El Hekma megaproject in Egypt. The zone will focus on attracting manufacturers of sustainable building materials, strengthening supply chains, and driving industrial growth. Anchor partners include Elsewedy Electric, 3S Ready Mix Concrete, RAK Ceramics, and Hitech Concrete. Projected to generate 20,000+ jobs and boost Egypt’s GDP, the zone will enhance Egypt’s trade position and Ras El Hekma’s vision as a globally competitive hub.
Read Less

• Construction
• Manufacturing

AD Ports Group has signed a 50-year agreement with UAE-based Oylz Terminals to develop a 600,000 cbm clean pet ..Read More

AD Ports Group has signed a 50-year agreement with UAE-based Oylz Terminals to develop a 600,000 cbm clean petroleum storage facility at Khalifa Port Logistics Hub in two phases. The first phase is set to begin operations by mid-2027. The project strengthens Khalifa Port’s role as a key energy storage and trading hub, enhancing its global market connectivity. Oylz Terminals aims to bolster Abu Dhabi’s position as a global energy hub through this milestone initiative.
Read Less

• Oil & Gas

Mitsubishi Power, in collaboration with Doosan Enerbility, has secured orders to supply six M501JAC gas turbin ..Read More

Mitsubishi Power, in collaboration with Doosan Enerbility, has secured orders to supply six M501JAC gas turbines for the 3.6 GW Rumah-1 and Al-Nairyah-1 IPP projects in Saudi Arabia, developed by SEC, ACWA Power, and KEPCO. The plants, supporting Saudi Vision 2030, will enhance grid stability and integrate renewables, contributing to the Kingdom’s goal of 50% power from natural gas and renewables by 2030. Mitsubishi Power will assemble the turbines in its Dammam facility, strengthening local workforce development and aligning with the Saudi Green Initiative’s decarbonization goals.
Read Less

• Power

SEPCO 3 Company and Doosan Enerbility signed an EPC contract with Saudi Electricity Company (SEC) for the Saud ..Read More

SEPCO 3 Company and Doosan Enerbility signed an EPC contract with Saudi Electricity Company (SEC) for the Saudi PP12 expansion project, a 1,800 MW combined cycle power plant using 7H-class gas turbine technology. This marks SEPCO 3’s third consecutive Saudi project, following the Rumah and Nairyah 1800 MW power plants. The project, aligned with Saudi Arabia’s “Vision 2030,” aims to enhance grid reliability, meet rising electricity demand in Riyadh, and support the country’s transition to a low-carbon energy system.
Read Less

• Power

Baker Hughes has secured a multi-year contract with Dubai Petroleum Establishment (DPE) on behalf of Dubai Sup ..Read More

Baker Hughes has secured a multi-year contract with Dubai Petroleum Establishment (DPE) on behalf of Dubai Supply Authority (DUSUP) to provide integrated coiled-tubing drilling services for the Margham Gas storage project. The project enhances Dubai’s energy stability by enabling a flexible switch between natural gas and solar power. Baker Hughes will deploy its CoilTrak™ coiled-tubing system to optimize horizontal drilling and maximize reservoir contact, supporting a reliable and lower-carbon power system.
Read Less

• Oil & Gas

Miahona, Saudi Arabia, has received an award letter from MODON to develop, operate, and maintain the Industria ..Read More

Miahona, Saudi Arabia, has received an award letter from MODON to develop, operate, and maintain the Industrial Wastewater Treatment Plant in Jeddah 1st Industrial City under a 25-year Rehabilitation, Operation, and Transfer (ROT) model. The project, valued at around SAR 1 billion, involves CAPEX investment, site utilization, reliable wastewater treatment, and treated water sales. Miahona will manage external networks, lift stations, and service fee collection throughout the contract period.
Read Less

• PPP
• Water

QatarEnergy LNG has awarded its largest-ever Ultra Mega Offshore Contract for the North Field Production Susta ..Read More

QatarEnergy LNG has awarded its largest-ever Ultra Mega Offshore Contract for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4) to Larsen & Toubro (L&T) Hydrocarbon Business. The contract covers engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes, located 80 km off Qatar’s northeast coast. L&T executives hailed the project as a landmark achievement, reinforcing their global energy portfolio and supporting Qatar’s energy security and LNG leadership.
Read Less

• Oil & Gas