Nama Power and Water Procurement (PWP), Oman, has issued the Request for Qualification (RFQ) for the Al Kamil ..Read More

Nama Power and Water Procurement (PWP), Oman, has issued the Request for Qualification (RFQ) for the Al Kamil Wal Wafi Solar IPP Project, a 280 MW solar PV initiative. This fourth solar project aligns with Oman's vision to diversify energy sources and achieve net-zero emissions by 2050, leveraging private sector partnerships for clean energy development.
Read Less

• Power
• PPP

MATARAT Holding, in partnership with the National Center for Privatization & PPP, has invited Expressions of I ..Read More

MATARAT Holding, in partnership with the National Center for Privatization & PPP, has invited Expressions of Interest for the new Taif International Airport project. Aligned with Saudi Arabia’s Vision 2030, the project aims to enhance the aviation sector, featuring a new airport with a capacity to handle 2.5 million passengers by 2030. The development includes a new runway, passenger terminal, and associated infrastructure, and will be awarded on a Build-Transfer-Operate (BTO) model with a 30-year contract duration.
Read Less

• Construction

Aramco has completed a purchase of a 10% equity stake in Horse Powertrain, a leader in hybrid and internal com ..Read More

Aramco has completed a purchase of a 10% equity stake in Horse Powertrain, a leader in hybrid and internal combustion powertrain solutions, as part of its efforts to reduce transport emissions. This investment, valued at €7.4 billion, follows the signing of agreements with Renault Group and Geely, who each retain a 45% stake. Aramco’s involvement will accelerate the development of lower-emission mobility solutions, including alternative fuels and hydrogen technologies.
Read Less

• Oil & Gas

QatarEnergy and Shell have signed a long-term sale and purchase agreement (SPA) to supply 3 million tons per a ..Read More

QatarEnergy and Shell have signed a long-term sale and purchase agreement (SPA) to supply 3 million tons per annum (MTPA) of LNG to China, starting in January 2025. This agreement highlights both companies' commitment to meeting global energy demands and the growth of China's LNG market, which is set to become the largest in the world. This is the 11th LNG supply contract between QatarEnergy and Shell.
Read Less

• Oil & Gas

MATARAT Holding, in collaboration with the National Center for Privatization & PPP, has invited expressions of ..Read More

MATARAT Holding, in collaboration with the National Center for Privatization & PPP, has invited expressions of interest for the new Taif International Airport project. The airport, set to open by 2030, will have an initial capacity of 2.5 million passengers and will include new runways, terminals, and facilities. The project aligns with Saudi Arabia's Vision 2030 and aims to enhance the Kingdom's aviation and logistics sectors. It will be awarded under a Build-Transfer-Operate (BTO) model with a 30-year contract duration.
Read Less

• Transport

Energy Pool France has been contracted by Oman Power and Water Procurement Company to conduct a Demand Respons ..Read More

Energy Pool France has been contracted by Oman Power and Water Procurement Company to conduct a Demand Response (DR) study. The initiative aims to optimize grid operations, integrate renewable energy, and support Oman's 2050 net-zero goals. The study will analyze Oman’s energy market, evaluate global DR models, and design phased DR implementation strategies to enhance grid reliability and reduce peak demand.
Read Less

• Power

Arabian Cement Company, Saudi Arabia, has signed an agreement with the National Electricity Transmission Compa ..Read More

Arabian Cement Company, Saudi Arabia, has signed an agreement with the National Electricity Transmission Company to establish a 101 MVA power transmission station at its Rabigh plant under the Liquid Displacement Program. The project, set for completion by the end of 2025, aims to reduce emissions, enhance grid reliability, and align with national energy and industrial objectives.
Read Less

• Power

His Majesty King Salman bin Abdulaziz Al Saud inaugurated the Riyadh Metro network, a 176-kilometer fully-auto ..Read More

His Majesty King Salman bin Abdulaziz Al Saud inaugurated the Riyadh Metro network, a 176-kilometer fully-automated system with 6 lines, aimed at improving urban mobility in line with Vision 2030. Webuild Group contributed to the project, including the longest metro line and the Qasr Al Hokm Downtown Metro Station, a symbol of modernity blending with tradition. Webuild, with a long presence in Saudi Arabia, is also involved in major projects like NEOM and water infrastructure initiatives in the region.
Read Less

• Transport