Oman Environmental Services Holding Company (Be’ah) signed a RO 51 million financing agreement with Ahli Isl ..Read More

Oman Environmental Services Holding Company (Be’ah) signed a RO 51 million financing agreement with Ahli Islamic Bank to implement Phase 2 of the industrial waste treatment facility in Sohar Freezone. This phase includes developing hazardous waste treatment stations, enhancing chemical and physical treatment technologies, and establishing facilities for managing used oils and toxic waste. The project aligns with Oman Vision 2040 by boosting the national economy, generating jobs, supporting industrial projects, and contributing to sustainability and the circular economy.
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• Finance

ELSEWEDY ELECTRIC PSP has been awarded the Jawharat Al Aros 110/13.8 kV Substation project in Jeddah, Saudi Ar ..Read More

ELSEWEDY ELECTRIC PSP has been awarded the Jawharat Al Aros 110/13.8 kV Substation project in Jeddah, Saudi Arabia, featuring Siemens SF6-free Blue GIS technology, reducing environmental impact. This marks ELSEWEDY’s third substation project with National Grid SA, following Riyadh and Naqua substations. The company will handle design, procurement, construction, and commissioning, reinforcing Saudi Arabia’s energy infrastructure and supporting Vision 2030.
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• Power

Al Yamamah Steel Industries Co. has secured a SAR 112.9 million contract to supply steel towers to National Po ..Read More

Al Yamamah Steel Industries Co. has secured a SAR 112.9 million contract to supply steel towers to National Power Construction Corporation Limited for a 380 kV ultra-high-voltage line project in Saudi Arabia’s western region. The contract duration is one year. Earlier, the company was awarded $82.4 million in contracts from L&T.
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• Power

Mitsubishi Power has successfully completed the Power Station 5 Block 4 GTCC plant at Aluminium Bahrain (Alba) ..Read More

Mitsubishi Power has successfully completed the Power Station 5 Block 4 GTCC plant at Aluminium Bahrain (Alba), powered by its hydrogen-ready M701JAC gas turbine, with a 680.9 MW combined cycle output. This marks the first deployment of JAC technology in a Middle Eastern aluminium smelter, supporting Alba’s decarbonization and energy security goals. Completed a month ahead of schedule, Mitsubishi Power will continue its support through a Long-Term Service Agreement (LTSA).
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• Power

Emerge, a Masdar-EDF joint venture, has signed an agreement to install a 13.25MWp solar PV plant for Tawazun I ..Read More

Emerge, a Masdar-EDF joint venture, has signed an agreement to install a 13.25MWp solar PV plant for Tawazun Industrial Park (TIP), including an 11.5MWp ground-mounted system and a 1.75MWp carport. The project will avoid 14,064 tonnes of CO₂ emissions annually, supporting UAE’s Net Zero by 2050 Strategy. Under a 25-year BOOT agreement, Emerge will finance, design, construct, operate, and maintain the plant, with construction starting in late 2025.
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• Power

Dubai Electricity & Water Authority (DEWA) has appointed a Deloitte-led global consortium as a consultant for ..Read More

Dubai Electricity & Water Authority (DEWA) has appointed a Deloitte-led global consortium as a consultant for Phase 7 of the Mohammed bin Rashid Al Maktoum Solar Park, which will add 1,600MW of solar PV and a 1,000MW battery energy storage system (BESS). Set for phased commissioning between 2027-2029, this solar-plus-storage project will help Dubai exceed its 5,000MW clean energy target before 2030. Deloitte will oversee IPP tendering, financial structuring, investor outreach, and regulatory alignment, reinforcing Dubai’s goal of 100% clean energy by 2050.
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• Power

Linxon has been awarded a turnkey EPC contract by TAQA Transmission to develop a 400/220 kV substation at ICAD ..Read More

Linxon has been awarded a turnkey EPC contract by TAQA Transmission to develop a 400/220 kV substation at ICAD-4 in Abu Dhabi, UAE. The project supports grid development and the retirement of Sas Al Nakheel generation plant, meeting the growing power demand of Abu Dhabi’s mega projects. Linxon’s scope includes GIS switchgear (400kV, 220kV, 33kV), 500 MVA transformers, SCMS, telecom, and civil works, with commissioning set for 2028. This reinforces Linxon’s commitment to regional infrastructure expansion.
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• Power

Parsons announced $475 million in new contracts as part of its Q4 2024 results. In Saudi Arabia, it secured tw ..Read More

Parsons announced $475 million in new contracts as part of its Q4 2024 results. In Saudi Arabia, it secured two contracts worth $275 million with a three-year duration, booking the first option period in Q4 2024. In UAE, it won a $200 million follow-on program and construction management contract in Dubai. Total Q4 revenue rose 16% to $1.7 billion, driven by 14% organic growth and acquisitions, with strong gains in critical infrastructure protection and cyber markets.
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• Construction