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

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

Nama Power and Water Procurement Company (PWP), Oman’s sole power and water procurer, has invited bids for t ..Read More

Nama Power and Water Procurement Company (PWP), Oman’s sole power and water procurer, has invited bids for techno-economic consultancy services for a Hot Springs Geothermal Project. The project supports Oman Vision 2040, fuel diversification, and Net-Zero targets. The selected consultant will assess geothermal feasibility in areas between Wilayat Fanja and Al Ansab (Wilayat Bousher) as Phase I. Bid submissions are due by 22 May 2025.
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• Power

Combined Group Contracting (CGC) Company Emirates L.L.C., a Kuwait-based subsidiary, has emerged as the lowest ..Read More

Combined Group Contracting (CGC) Company Emirates L.L.C., a Kuwait-based subsidiary, has emerged as the lowest bidder for an internal road works project in Wadi Al Amardi, Dubai, UAE, with a bid of AED 104.4 million. The tender was issued by Dubai’s Road & Transport Authority (RTA), and the project duration is 426 days. This follows a $43 million contract awarded to the company in the UAE in January 2025.
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• Construction

Safeer, a joint venture between TotalEnergies and Zahid Group, signed a Power Purchase Agreement with Golden C ..Read More

Safeer, a joint venture between TotalEnergies and Zahid Group, signed a Power Purchase Agreement with Golden Chicken to install a 5.18 MWp (4.13 MWac) solar power plant at their site in Saudi Arabia. The facility will generate over 13 GWh of renewable electricity annually, reducing CO₂ emissions by 6,710 tons per year. The project features 8,160 PV modules with a solar tracking system to maximize efficiency, supporting Saudi Arabia’s renewable energy and sustainability goals.
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• Power
• PPP

TNB REMACO, a subsidiary of Malaysia’s Tenaga Nasional Bhd, secured a RM705 million (USD 161.1 million) cont ..Read More

TNB REMACO, a subsidiary of Malaysia’s Tenaga Nasional Bhd, secured a RM705 million (USD 161.1 million) contract from Kuwait’s Ministry of Electricity, Water, and Renewable Energy for maintenance at the 299.4 MW Sabiya Power and Water Distillation Plant. The seven-year contract, awarded via JV with Al Dhow Engineering, covers MRO services at the facility 65km from Kuwait City. TNB REMACO, active in Kuwait since 2013, currently manages 11 projects worth over RM4.54 billion, with 16 specialists deployed to date.
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• Power

Safeer, a joint venture between TotalEnergies and Zahid Group, signed a PPA with Golden Chicken for a 5.18 MWp ..Read More

Safeer, a joint venture between TotalEnergies and Zahid Group, signed a PPA with Golden Chicken for a 5.18 MWp (4.13 MWac) solar power plant in Saudi Arabia. The plant will generate over 13 GWh of clean energy annually and cut 6,710 tons of CO₂ emissions, supporting Golden Chicken’s sustainability goals. Featuring 8,160 PV modules with solar tracking systems, the project aligns with Saudi Arabia’s renewable energy and carbon reduction targets.
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• Power

SLB has secured multiple significant contracts in the Middle East, including a corporate purchase agreement wi ..Read More

SLB has secured multiple significant contracts in the Middle East, including a corporate purchase agreement with Aramco for drilling fluid chemicals in Saudi Arabia, a joint electric completions campaign with ADNOC in the UAE, and a natural gas discovery in Egypt with ExxonMobil. In Kuwait, SLB is supporting KOC’s Integrated Digital Field project and deploying Hi-Ex™ cement technology to boost production in the Burgan Field. Additionally, SLB is partnering with Shell for Petrel™ software deployment and Dragon Oil for AI-driven optimization.
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• Oil & Gas