ADNOC Drilling, UAE, signed an agreement to acquire a 70% stake in SLB’s land drilling rigs business in Kuwa ..Read More

ADNOC Drilling, UAE, signed an agreement to acquire a 70% stake in SLB’s land drilling rigs business in Kuwait and Oman, covering eight operational rigs under long-term contracts with national oil companies. This acquisition will accelerate ADNOC Drilling’s expansion in the GCC, enhancing its technological capabilities and operational efficiency. The transaction is subject to regulatory approvals, expected to close by Q1 2026, with full consolidation planned for 2026.
Read Less

• Oil & Gas

TK Elevator (TKE) has secured a major contract for Kuwait International Airport (KWI) Package No. 3, covering ..Read More

TK Elevator (TKE) has secured a major contract for Kuwait International Airport (KWI) Package No. 3, covering 55 custom-designed Passenger Boarding Bridges (PBBs), along with a 2-year maintenance contract. The bridges will support the under-construction Terminal 2, designed by Foster + Partners and executed by Limak Insaat, set to boost KWI’s capacity to 25 million passengers annually. TKE’s solutions aim to enhance operational efficiency and elevate the passenger experience, reinforcing its strong presence in the region.
Read Less

• Construction
• Transport

The Governments of Saudi Arabia and Kuwait announced a new oil discovery at the North Wafra Wara-Burgan field, ..Read More

The Governments of Saudi Arabia and Kuwait announced a new oil discovery at the North Wafra Wara-Burgan field, located 5 km north of the Wafra field. The Wara-Burgan-1 well produced over 500 barrels per day with an API gravity of 26-27 degrees. This is the first discovery since production resumed in the Partitioned Zone in mid-2020, strengthening both countries’ roles as reliable global energy suppliers.
Read Less

• Oil & Gas

Kuwait’s Ministry of Electricity, Water and Renewable Energy has invited bids for consultancy services for P ..Read More

Kuwait’s Ministry of Electricity, Water and Renewable Energy has invited bids for consultancy services for Phase 1 of the Nuwaiseeb Power Project. The project entails supplying, installing, operating, and maintaining gas turbine units in a combined cycle system with a capacity of 3,600 MW. Tender documents are available for KWD 1,000, with a bid security of KWD 62,000. The submission deadline is 12 August 2025.
Read Less

• Power

The Kuwait Authority for Partnership Projects (KAPP) and MEWRE are inviting companies/consortia to qualify for ..Read More

The Kuwait Authority for Partnership Projects (KAPP) and MEWRE are inviting companies/consortia to qualify for the Al Dibdibah Power and Al Shagaya Renewable Energy Phase III – Zone 2 Solar PV IPP project, a 500 MW solar plant in Jahra Governorate, 100 km west of Kuwait City. The project involves design, financing, construction, operation, and maintenance under a 30-year Power Purchase Agreement with MEWRE. Ernst & Young, DLA Piper, and DNV are serving as advisors, and the RFQ deadline is 24 July 2025.
Read Less

• Power
• PPP

Combined Group Contracting (CGC) Company Emirates L.L.C., a subsidiary of Kuwait-based Combined Group Contract ..Read More

Combined Group Contracting (CGC) Company Emirates L.L.C., a subsidiary of Kuwait-based Combined Group Contracting Company, has secured a AED 437.4 million (USD 119.1 million) contract from Ras Al Khaimah Government Public Services Department in the UAE. The contract involves constructing roads and services in northern Ras Al Khaimah, Package C1, with a duration of 730 days. Previously, CGC was awarded another UAE contract worth AED 1.01 billion (USD 275.8 million).
Read Less

• Construction

Kuwait's Ministry of Electricity, Water & Renewable Energy has invited bids for Phase 4 of the Sabiya Power Pl ..Read More

Kuwait's Ministry of Electricity, Water & Renewable Energy has invited bids for Phase 4 of the Sabiya Power Plant expansion in Al Jahra, aiming to add 900 MW via combined cycle gas turbines. Earlier phases included 935 MW (Phase 3) by Alghanim International in 2020 (USD 439 million) and a 250 MW upgradation in Phase 2 by the same EPC. Recently, TNB REMACO (Malaysia) was awarded a maintenance contract for the facility.
Read Less

• Power

Kuwait Company for Process Plant Construction & Contracting (KCPC) has been awarded subcontracts worth KWD 28. ..Read More

Kuwait Company for Process Plant Construction & Contracting (KCPC) has been awarded subcontracts worth KWD 28.3 million (USD 92.3 million) by China Gezhouba Group for asphalt works in multiple residential suburbs under the South Saad Al-Abdullah residential project in Kuwait. The scope includes construction, completion, and maintenance of roads across 15 suburbs, with each project having a duration of 1,090 days. The main contract was earlier awarded by PAHW in January 2025.
Read Less

• Construction