- December 16, 2024
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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- December 15, 2024
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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- December 15, 2024
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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- December 14, 2024
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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- December 14, 2024
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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- December 13, 2024
Dubai Electricity and Water Authority (DEWA) has completed a 30 million imperial gallon (MIG) desalinated wate ..Read More
Dubai Electricity and Water Authority (DEWA) has completed a 30 million imperial gallon (MIG) desalinated water reservoir project in Hatta, valued at AED 86 million. This initiative is part of DEWA's strategy to increase water reserves and improve the efficiency of water networks in Dubai. The project aligns with the Comprehensive Development Plan for Hatta and is expected to enhance water flow and meet growing demand. DEWA is also expanding its storage capacity, with additional reservoirs planned for 2025.
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- December 13, 2024
Modon and EMSTEEL Group have signed a strategic alliance to make Modon the first real estate developer in the ..Read More
Modon and EMSTEEL Group have signed a strategic alliance to make Modon the first real estate developer in the UAE to use low-carbon steel in construction. This partnership supports the UAE's Net-Zero 2050 strategy by incorporating green steel produced with renewable hydrogen, marking a significant step towards sustainable construction practices. The initiative aligns with the UAE's green targets and aims to decarbonize the construction industry.
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- December 12, 2024
Saudi Cable Company's Bahrain branch signed two turnkey contracts worth SAR 64.7 million. The first, valued at ..Read More
Saudi Cable Company's Bahrain branch signed two turnkey contracts worth SAR 64.7 million. The first, valued at SAR 38 million with Bilaj Aljazayer Company, involves a 10-month project for a 66 kV power extension. The second, worth SAR 26.6 million with Diyar Al Muharraq Company, is a 30-month project for similar power extension and installation works.
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