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

Doosan Enerbility has signed a $100 million contract with Saudi Arabia’s Marafiq to convert the Yanbu 2 powe ..Read More

Doosan Enerbility has signed a $100 million contract with Saudi Arabia’s Marafiq to convert the Yanbu 2 power plant from oil to gas, targeting completion by 2028. The upgrade will maintain the plant’s 1,375 MW capacity while cutting carbon emissions by ~25%. Doosan will supply combustion and control systems, and manage commissioning. This aligns with Saudi plans to award 1.4 GW of fuel conversion projects annually until 2027, with Doosan also active in Chile and Vietnam.
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• 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

National Energy Services Reunited Corp. (NESR) has secured five-year Slickline contracts worth US$200 million ..Read More

National Energy Services Reunited Corp. (NESR) has secured five-year Slickline contracts worth US$200 million in Kuwait and Oman, expanding its Drilling & Evaluation (D&E) segment across the MENA region. These new awards mark NESR’s entry into Slickline services in both countries, building on existing strengths in Saudi Arabia and Egypt. The move supports NESR’s “portfolio pull through” strategy and reinforces its position among the top three regional providers of evaluation services.
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• Oil & Gas

Technip Energies has secured a Detailed Engineering Design contract worth between €50 million and €250 mil ..Read More

Technip Energies has secured a Detailed Engineering Design contract worth between €50 million and €250 million from Larsen & Toubro's Hydrocarbon Business for QatarEnergy LNG's North Field Production Sustainability Offshore Compression Project (NFPS COMP 4). The scope includes designing two offshore compression complexes with platforms, flare systems, and interconnecting bridges. This follows the successful completion of the FEED phase and was recorded in Q1 2025 under Technip’s Technology, Products & Services segment.
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• Oil & Gas

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

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