Raissy Trading & Contracting Co. Ltd., Saudi Arabia, has been awarded two projects from Saudi Electricity Comp ..Read More

Raissy Trading & Contracting Co. Ltd., Saudi Arabia, has been awarded two projects from Saudi Electricity Company (SEC) with a combined value of $143 million. The Al Jillah OHTL Project ($117 million) includes a new overhead transmission line (OHTL), underground cable (UGC) installation, electro-fitting, and substation activities. The Al Rain OHTL Project ($26 million) involves a new OHTL, UGC installation, and related activities.
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Penspen closed 2024 on a strong note, securing $120 million in new contracts in H2, bringing total annual sale ..Read More

Penspen closed 2024 on a strong note, securing $120 million in new contracts in H2, bringing total annual sales to over $225 million—a 20% year-on-year growth. Major wins included 26 contracts in the Middle East & Africa ($98M), renewable energy projects in Saudi Arabia, and expansion in hydrogen and carbon capture in Europe. The company also increased its workforce in the UAE and Saudi Arabia to support rising demand and strengthened its UK footprint with the acquisition of C&I Engineering Solutions.
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L&T’s renewables business has been selected by Masdar as one of the preferred EPC contractors for the north ..Read More

L&T’s renewables business has been selected by Masdar as one of the preferred EPC contractors for the north site of the world’s first 24/7 solar PV and battery storage gigascale project in Abu Dhabi. The project, developed with EWEC, includes a 5.2GW solar PV plant and a 19GWh battery energy storage system, making it the largest of its kind globally. The initiative aims to provide clean energy 24/7 and marks Masdar’s most ambitious project to date.
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CESI Group has signed an MoU with Saudi Electricity Project Development Company (PDC) to enhance energy infras ..Read More

CESI Group has signed an MoU with Saudi Electricity Project Development Company (PDC) to enhance energy infrastructure in Saudi Arabia. The agreement, signed during Italian PM Giorgia Meloni’s visit, focuses on project efficiency, technological advancements, and sustainability. This collaboration supports Saudi Arabia’s Vision 2030 and strengthens CESI’s presence in the region’s energy sector.
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Nesma Infrastructure and Technology has signed a SAR 645 million contract with the Saudi Electricity Company t ..Read More

Nesma Infrastructure and Technology has signed a SAR 645 million contract with the Saudi Electricity Company to construct a 380kV substation in Bisha, Saudi Arabia. The project includes building the Bisha–Solar PV 380/132 KV BSP and is expected to be completed within 23 months.
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Nama Power and Water Procurement Company (PWP) in Oman has issued an Expression of Interest (EOI) for the deve ..Read More

Nama Power and Water Procurement Company (PWP) in Oman has issued an Expression of Interest (EOI) for the development of two Independent Power Projects (IPPs) with a combined capacity of 2,400 MW. The projects will include the design, construction, operation, and maintenance of combined cycle gas turbine (CCGT) power plants, expected to be operational by April 2029. The projects will follow a structure similar to previous IPPs in Oman, with private sector funding. The EOI submission deadline is December 19, 2024.
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KBR has been awarded a contract to support Saudi Aramco’s Master Expansion Program, enhancing gas handling c ..Read More

KBR has been awarded a contract to support Saudi Aramco’s Master Expansion Program, enhancing gas handling capacity across the Shaybah field’s Gas-Oil Separation Plants (GOSPs) and related facilities through 2028. The project focuses on sustainability by integrating carbon-free energy, carbon capture, and resource optimization to support Saudi Aramco’s 2060 net-zero goals. KBR, with over four decades of presence in Saudi Arabia, continues to contribute to the Kingdom’s Vision 2030 in energy and infrastructure development.
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• Oil & Gas
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AMEA Power has signed a Power Purchase Agreement (PPA) and Land Agreement for a new 500MW wind project in Egyp ..Read More

AMEA Power has signed a Power Purchase Agreement (PPA) and Land Agreement for a new 500MW wind project in Egypt, expanding its renewable energy portfolio to 2,500MW. The signing took place during the inauguration of its 500MW Abydos Solar PV Plant, with Egyptian government officials and AMEA Power executives in attendance. The project includes 2,400MWh of battery energy storage, reinforcing Egypt’s commitment to clean energy development.
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