Drydocks World and GE Vernova have secured a contract to deliver Ostwind 4, a 2 GW offshore wind grid connecti ..Read More

Drydocks World and GE Vernova have secured a contract to deliver Ostwind 4, a 2 GW offshore wind grid connection in Germany's Baltic Sea, powering nearly 2 million households. The project includes HVDC technology, offshore and onshore converter stations, and a 110-km DC cable system, marking Germany's first deployment of 525 kV HVDC in the Baltic. This initiative supports European energy security and the global clean energy transition.
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• Power

Dan Company has signed a contract with Abdulmohsen Al-Tamimi Contracting Company to develop its flagship resor ..Read More

Dan Company has signed a contract with Abdulmohsen Al-Tamimi Contracting Company to develop its flagship resort in Al-Ahsa under the "Tuaja Luxury Resorts" brand. The 1.8 million square meter resort will offer three distinct experiences: luxury, eco-friendly, and adventure resorts, featuring 201 accommodations and a range of facilities. The project focuses on sustainability, community empowerment, and environmental conservation, aligning with Saudi Vision 2030 and enhancing Al-Ahsa’s tourism appeal.
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• Construction

XRG and bp have finalized the formation of Arcius Energy, a joint venture focused on international natural gas ..Read More

XRG and bp have finalized the formation of Arcius Energy, a joint venture focused on international natural gas operations, with bp holding 51% and XRG 49%. Initially operating in Egypt, the JV combines their technical expertise and aims to build a competitive gas portfolio while supporting a lower-carbon energy transition. Naser Saif Al Yafei was appointed CEO, and Katerina Papalexandri CFO, bringing extensive experience from ADNOC and bp.
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• Oil & Gas

ADNOC has signed a 15-year Sales and Purchase Agreement with Germany’s EnBW for 0.6 million tonnes per annum ..Read More

ADNOC has signed a 15-year Sales and Purchase Agreement with Germany’s EnBW for 0.6 million tonnes per annum (mtpa) of LNG from the Ruwais LNG project, set to begin deliveries in 2028. This marks ADNOC’s second long-term LNG deal with Germany, advancing UAE-Germany energy collaboration under the ESIA agreement and supporting decarbonization efforts. The Ruwais LNG project will double ADNOC Gas’ production capacity to 15 mtpa by 2028.
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• Oil & Gas

QatarEnergy has acquired a 27.5% working interest in Namibia’s offshore Block 2813B (PEL0090) through an agr ..Read More

QatarEnergy has acquired a 27.5% working interest in Namibia’s offshore Block 2813B (PEL0090) through an agreement with Harmattan Energy Limited (a Chevron subsidiary), which retains a 52.5% stake. The block, located 200 km offshore and near QatarEnergy’s Venus discovery, spans 5,433 km² in deep waters. QatarEnergy plans to begin drilling the first exploration well soon, strengthening its upstream presence in Namibia.
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• Oil & Gas

AD Ports Group has inaugurated CMA Terminals Khalifa Port, a state-of-the-art container terminal with a value ..Read More

AD Ports Group has inaugurated CMA Terminals Khalifa Port, a state-of-the-art container terminal with a value of AED 3.1 billion (USD 845 million). The facility, managed by a joint venture between CMA Terminals and AD Ports, boosts Khalifa Port’s container capacity by 23%, reaching nearly 10 million TEUs annually. The terminal features advanced infrastructure, including automated gates, solar panels, and the region's first net-zero carbon administration building, reinforcing Abu Dhabi's role in sustainable and smart trade.
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• Transport

The Saudi Civil Aviation Holding Company (MATARAT) has issued a Request for Proposal (RFP) for the privatizati ..Read More

The Saudi Civil Aviation Holding Company (MATARAT) has issued a Request for Proposal (RFP) for the privatization of the New Abha International Airport to pre-qualified bidders. The airport, designed to reflect the Aseer region's heritage, aims to accommodate up to 10 million passengers annually by 2030, with a capacity of 13 million by 2054. Pre-qualified bidders include consortia such as Mada TAV, VI Asyada daa, GMR, and Touwaik Alliance. Construction, set for completion by 2028, will be executed in phases to ensure smooth progress.
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• Construction
• PPP

Uzbekistan's President Shavkat Mirziyoyev inaugurated the 500 MW Zarafshan wind farm, the largest in Central A ..Read More

Uzbekistan's President Shavkat Mirziyoyev inaugurated the 500 MW Zarafshan wind farm, the largest in Central Asia, developed by Masdar. Masdar plans to invest $2 billion in Uzbekistan for over 2 GW of clean energy projects and signed an agreement to develop a 1 GW wind farm in Mingbulak. Uzbekistan aims for 20 GW of clean energy capacity by 2030, with Masdar playing a key role in its renewable energy initiatives.
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• Power