Petro Rabigh and Rossari International Limited have signed an MoU under the Ministry of Energy’s patronage t ..Read More

Petro Rabigh and Rossari International Limited have signed an MoU under the Ministry of Energy’s patronage to explore Propoxylates and Ethoxylates manufacturing in Rabigh. The collaboration aims to strengthen Saudi Arabia’s specialty chemicals industry by supporting local production, reducing import dependency, and driving innovation in sectors like construction and personal care. Aligned with Vision 2030, the initiative will enhance industrial self-sufficiency and contribute to the Kingdom’s economic growth.
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• Petrochemical

MAIRE’s NEXTCHEM, through its subsidiary NextChem Tech, has secured a three-year contract from SATORP (a Sau ..Read More

MAIRE’s NEXTCHEM, through its subsidiary NextChem Tech, has secured a three-year contract from SATORP (a Saudi Aramco-TotalEnergies JV) to provide engineering and technology services for the Sulphur Recovery Complex at SATORP’s Jubail refinery. The scope includes process advisory, operational troubleshooting, energy efficiency improvements, and carbon footprint reduction for the Sulfur Recovery Unit, Amine Regeneration Unit, and Sour Water Stripper. This contract strengthens NEXTCHEM’s role as a leader in sustainable technology and enhances its collaboration with SATORP, following TECNIMONT’s Amiral project award in June 2023.
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• Petrochemical

Saudi Water Partnership Company (SWPC) signed agreements for the Jubail-Buraydah Independent Water Transmissio ..Read More

Saudi Water Partnership Company (SWPC) signed agreements for the Jubail-Buraydah Independent Water Transmission Pipeline (IWTP) project with a consortium of Aljomaih Energy & Water, Nesma Co. Ltd., and Buhur for Investment. The SAR 8.5 billion project will have a 650,000 m³/day capacity, spanning 587 km, with strategic storage tanks in Al-Shamasiyah (6) and Al-Jubail (3). Awarded under a BOOT model after competition from 32 companies, it will commence operations in Q2 2029 with a 35-year concession. The project aligns with Vision 2030, ensuring efficient water supply with lower energy costs and increased Saudization.
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• PPP
• Water

U+A, part of the Egis Group, designed Solea, a 34,167 sqm mid-rise development on Saadiyat Island for Taraf Ho ..Read More

U+A, part of the Egis Group, designed Solea, a 34,167 sqm mid-rise development on Saadiyat Island for Taraf Holding, blending modern design, sustainability, and affordability. The seven-floor project features 212 residences with interlocking massing, optimizing privacy and communal spaces. Sustainability strategies include energy-efficient glazing, smart building tech, natural ventilation, and water-efficient landscaping. With resort-style amenities, landscaped courtyards, and aesthetic durability, Solea redefines coastal urban living while ensuring long-term value for residents and investors.
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• Construction

Kuwait’s Public Authority for Housing Welfare (PAHW) has signed two infrastructure contracts worth KWD 172.1 ..Read More

Kuwait’s Public Authority for Housing Welfare (PAHW) has signed two infrastructure contracts worth KWD 172.1 million (USD 557.5 million) with China Gezhouba Group Co. Ltd. for the South Saad Al-Abdullah residential project. The scope includes construction, completion, and maintenance of infrastructure across multiple residential suburbs (NFU1-NFU19), along with irrigation tank buildings and substations. The contract follows an earlier award in January 2025.
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• Construction

ADNOC and OMV have agreed to merge their shareholdings in Borouge and Borealis, forming Borouge Group Internat ..Read More

ADNOC and OMV have agreed to merge their shareholdings in Borouge and Borealis, forming Borouge Group International, a $60+ billion global polyolefins leader. ADNOC will also acquire Nova Chemicals for $13.4 billion, expanding its North American presence. The new entity, headquartered in Austria with regional hubs in the UAE, Canada, and Singapore, will have a 13.6 mtpa polyolefins capacity and be listed on ADX. ADNOC and OMV will each hold 46.94% stakes, with up to $4 billion capital raise planned in 2026. The deal is expected to close in Q1 2026, targeting $500 million in synergies and strong dividend policies.
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• Petrochemical

Larsen & Toubro’s Power Transmission & Distribution (PT&D) vertical has secured new orders across Saudi Arab ..Read More

Larsen & Toubro’s Power Transmission & Distribution (PT&D) vertical has secured new orders across Saudi Arabia, Abu Dhabi, and India. In Saudi Arabia, it will build a 380kV Gas Insulated Substation (GIS) with reactors and hybrid GIS bays. In Abu Dhabi, it will set up a 220/33kV grid station. In India, it won contracts for 765kV and 400kV transmission lines in Uttar Pradesh’s Renewable Energy Zone and a 400kV transmission line for a non-fossil fuel-based power plant in southern India, reinforcing its role in global grid infrastructure development.
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• Power

Kuwait Company for Process Plant Construction & Contracting (KCPC) has signed an infrastructure contract worth ..Read More

Kuwait Company for Process Plant Construction & Contracting (KCPC) has signed an infrastructure contract worth KWD 89.6 million (USD 290.3 million) with Public Authority for Housing Welfare (PAHW), Kuwait for the South Saad Al-Abdullah residential project. The scope includes construction, completion, and maintenance of infrastructure across multiple residential suburbs (NFU7-NFU17, I1, I2), along with irrigation tank buildings and substations. The project duration is 1,095 days, following its award announcement in January 2025.
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• Construction