ADNOC Drilling Company PJSC has secured a $1.63 billion, five-year contract from ADNOC Offshore to deliver Int ..Read More

ADNOC Drilling Company PJSC has secured a $1.63 billion, five-year contract from ADNOC Offshore to deliver Integrated Drilling Services (IDS), including directional drilling, fluids, cementing, wireline logging, and tubular services. The contract strengthens ADNOC Drilling’s role in expanding advanced offshore energy services and supports its strategic growth in IDS, leveraging AI and advanced technologies. It provides revenue stability through 2025–2026 and reinforces its leadership in the UAE’s energy sector.
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• Oil & Gas

Descon Engineering Arabia has secured its first major contract in Saudi Arabia, a multi-year General Engineeri ..Read More

Descon Engineering Arabia has secured its first major contract in Saudi Arabia, a multi-year General Engineering Services (GES) agreement with TASNEE. Over the next three years, Descon will deliver Basic Engineering, FEED, and Detailed Design services to support TASNEE's key projects and development initiatives. This marks a significant milestone in Descon’s strategic growth in the Kingdom.
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• Petrochemical

The Public Works Authority (Ashghal), Qatar, has awarded a QAR 1.075 billion contract to Marbu Contracting Com ..Read More

The Public Works Authority (Ashghal), Qatar, has awarded a QAR 1.075 billion contract to Marbu Contracting Company for roads and infrastructure development in West of Umm Slal Mohamed. Spanning 318 hectares, the mixed-use project includes residential units, government buildings, schools, and mosques, with comprehensive roadworks and utilities. The project duration is 1,080 days with a 400-day maintenance period post-completion.
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• Construction

ADNOC has signed a 15-year Sales and Purchase Agreement with Japan’s Mitsui & Co. for up to 0.6 mtpa of lowe ..Read More

ADNOC has signed a 15-year Sales and Purchase Agreement with Japan’s Mitsui & Co. for up to 0.6 mtpa of lower-carbon LNG from the Ruwais LNG project, which is set to begin operations in 2028. This is the fifth long-term LNG SPA for Ruwais, a plant known for its low carbon intensity and AI-driven technology. With 8 mtpa of its 9.6 mtpa capacity already committed, the project reinforces ADNOC’s global LNG presence and Japan’s energy security. Upon completion, ADNOC Gas will acquire ADNOC’s stake, boosting its LNG capacity to ~15 mtpa.
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• Oil & Gas

OQ and Royal Vopak have signed an exclusive partnership framework agreement to develop industrial and energy t ..Read More

OQ and Royal Vopak have signed an exclusive partnership framework agreement to develop industrial and energy terminal infrastructure in the Special Economic Zone at Duqm (SEZAD), Oman. The alliance aims to support Duqm’s emergence as a global energy hub, attract international investment, create jobs, and advance sustainable energy transition facilities. The collaboration leverages Vopak’s global expertise and aligns with Oman Vision 2040 to strengthen energy infrastructure and global connectivity.
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• Oil & Gas

Lamprell has successfully extended its Offshore Long-Term Agreement (LTA) with Aramco, continuing a strategic ..Read More

Lamprell has successfully extended its Offshore Long-Term Agreement (LTA) with Aramco, continuing a strategic partnership that began in 2018. The renewal highlights Lamprell’s delivery of multiple LTA projects from its UAE facility and its commitment to Saudi Arabia’s Vision 2030 and IKTVA initiatives. With a growing presence in Saudi Arabia and involvement in the International Maritime Industries joint venture, Lamprell reinforces its role in supporting the Kingdom’s energy and maritime sectors.
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• Oil & Gas

Shandong Electric Power Construction Corporation No. 3 (SEPCO3) has commenced construction of a 500MW single-c ..Read More

Shandong Electric Power Construction Corporation No. 3 (SEPCO3) has commenced construction of a 500MW single-cycle power project in Ras Abu Fontas Industrial Zone, south of Doha, Qatar. The project, fast-tracked to meet summer demand, includes two F-class gas turbines and is scheduled for completion by January 2027. It aligns with Qatar’s 2030 Economic Vision and China’s Belt and Road Initiative, enhancing SEPCO3’s Middle East presence. A Power Purchase Agreement was signed in March 2025 between KAHRAMAA and QEWC.
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• Power

Saudi Electricity Company (SEC) has received bids for the construction of the MAWQAQ PV 380kV Bulk Supply Poin ..Read More

Saudi Electricity Company (SEC) has received bids for the construction of the MAWQAQ PV 380kV Bulk Supply Point (BSP) and its associated Overhead Transmission Line (OHTL) in central Saudi Arabia, part of the country’s broader renewable energy expansion. Trading & Development Partnership submitted the lowest bid of SAR 591.9 million for the substation, while Alfanar Projects bid SAR 159.3 million for the OHTL. Project awards are pending successful bid evaluations. This initiative aligns with SPPC's sixth round of renewable energy projects under the National Renewable Energy Program, totaling 4,500 MW.
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• Power