Nesma Infrastructure and Technology (NIT) has signed a SAR 90 million contract with the Saudi Electricity Comp ..Read More

Nesma Infrastructure and Technology (NIT) has signed a SAR 90 million contract with the Saudi Electricity Company (SEC) for a high-voltage transmission project in Makkah. The project involves interconnecting the Nawaryah substation with Makkah North BSP (underground), and retiring three 110 KV substations. The scope includes EPC, testing, commissioning, and energization, with completion targeted in 18 months on a lump sum turnkey basis.
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• Power

Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ) signed a Memorandum of Cooperation ..Read More

Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ) signed a Memorandum of Cooperation with OQ Alternative Energy to implement an Energy Excellence Programme aimed at achieving net-zero emissions by 2050. The MoC includes support for energy efficiency assessments, decarbonisation initiatives, ISO 50001 certification, and the development of an energy strategy. The initiative aligns with Oman Vision 2040 and supports sustainability efforts across economic zones, free zones, and industrial cities.
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• Manufacturing
• Power

Diriyah Company, Saudi Arabia has awarded a $1.13 billion (SAR 4.225 billion) contract to a JV of China Railwa ..Read More

Diriyah Company, Saudi Arabia has awarded a $1.13 billion (SAR 4.225 billion) contract to a JV of China Railway Construction Corporation Limited Saudi Branch and CRCGCPC for relocating King Saud University's utilities and admin offices within the Diriyah masterplan. The scope includes utility relocation, district cooling, sewage and water facilities, and multiple buildings. The project adds to Diriyah’s total awarded contracts, now exceeding $2.9 billion in 2025, and aligns with the broader urban development backed by Saudi Arabia’s Public Investment Fund.
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• Construction

EWEC signed a new 15-year Power Purchase Agreement with TAQA, ENGIE, and Sumitomo for the Shuweihat 1 (S1) pla ..Read More

EWEC signed a new 15-year Power Purchase Agreement with TAQA, ENGIE, and Sumitomo for the Shuweihat 1 (S1) plant in Al Dhafra, UAE. The project will reconfigure S1 from a cogeneration plant to a 1.1 GW natural gas-fired open-cycle power plant, providing flexible reserve power to support renewable energy integration, with operations starting in 2027. Water desalination will be decommissioned to align with EWEC’s energy transition goals. The move supports the UAE's net-zero ambitions and EWEC’s target of generating over 50% of Abu Dhabi’s electricity from clean sources by 2030.
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• Power
• PPP

Vallourec has secured a major contract worth over $130 million to supply advanced Oil Country Tubular Goods (O ..Read More

Vallourec has secured a major contract worth over $130 million to supply advanced Oil Country Tubular Goods (OCTG) to Kuwait Oil Company (KOC) for drilling operations in 2025 and 2026. The contract includes carbon steel OCTG with high-torque flush premium connections and proprietary steel grades, supporting Kuwait’s goal to raise oil production to 4 million barrels/day by 2035. Vallourec’s selection reflects its longstanding partnership and technical edge in both offshore and onshore projects.
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• Oil & Gas

Qatar inaugurated the Ras Laffan and Mesaieed solar PV plants with a combined capacity of 875 MW, doubling its ..Read More

Qatar inaugurated the Ras Laffan and Mesaieed solar PV plants with a combined capacity of 875 MW, doubling its solar output to 1,675 MW. The plants are expected to reduce CO₂ emissions by 4.7 million tons annually and meet 15% of peak electricity demand, rising to 30% with the upcoming 2,000 MW Dukhan plant by 2029. The project supports QatarEnergy’s goal of 4,000 MW of renewables by 2030 and marks a shift toward using national expertise for solar initiatives.
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• Power

Majid Al Futtaim has awarded a AED 736 million contract to United Engineering Construction Company (UNEC) for ..Read More

Majid Al Futtaim has awarded a AED 736 million contract to United Engineering Construction Company (UNEC) for the construction of Plagette 32 and Amara, two luxury residential developments at Tilal Al Ghaf, Dubai. The contract covers 148 villas, a Beach Club, landscaping, and infrastructure works. Plagette 32 will offer Club Villas and Water Bungalows with beachfront living, while Amara will feature 116 eco-conscious twin villas centered around green spaces and water features.
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• Construction

Borouge Plc has announced strategic asset expansions to enhance its ethylene and polyethylene production capac ..Read More

Borouge Plc has announced strategic asset expansions to enhance its ethylene and polyethylene production capacity, adding between $165 million to $200 million in EBITDA annually. The expansions include a 15% capacity increase for its second ethane cracker (EU2), scheduled for completion in Q4 2028, and the expansion of polyethylene units PE4 and PE5 to 700,000 tpa by Q1 2027. These projects align with Borouge’s commitment to innovation and sustainable growth, further bolstering the UAE’s economy and ADNOC’s In-Country Value program. Borouge also plans to merge with Borealis and acquire Nova Chemicals, forming a $60 billion global leader in polyolefins.
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• Oil & Gas