Dubai Electricity and Water Authority (DEWA) has increased the Mohammed bin Rashid Al Maktoum Solar Park’s c ..Read More

Dubai Electricity and Water Authority (DEWA) has increased the Mohammed bin Rashid Al Maktoum Solar Park’s capacity to 3,860MW, contributing 21.5% to Dubai’s total energy mix. The park, using both PV and CSP technologies, aims to reach 7,260MW by 2030 and support the Dubai Net Zero Carbon Emissions Strategy 2050. DEWA is also launching a 1,600MW seventh phase with 1,000MW/6,000MWh battery storage—making it one of the world’s largest solar-plus-storage projects.
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• Power

EDF Power Solutions and Korea Western Power Co. (KOWEPO) signed a Joint Development Agreement with EWEC for th ..Read More

EDF Power Solutions and Korea Western Power Co. (KOWEPO) signed a Joint Development Agreement with EWEC for the 1.5 GW Al Zarraf Solar PV IPP in Al Dhafra, UAE. The project will power ~160,000 homes, cut CO₂ emissions by 2.4 million metric tonnes annually, and contribute 5% toward EWEC’s 2030 emissions reduction target. It marks Abu Dhabi’s fifth large-scale solar PV plant, supporting its goal of 10GW solar capacity by 2030.
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• Power
• PPP

EDF Power Solutions and Korea Western Power Co. (KOWEPO) have signed a Joint Development Agreement with EWEC f ..Read More

EDF Power Solutions and Korea Western Power Co. (KOWEPO) have signed a Joint Development Agreement with EWEC for the 1.5 GW Al Zarraf Solar PV IPP in Al Dhafra, UAE. The project will power ~160,000 homes, cut CO₂ emissions by 2.4 million tonnes annually, and contribute 5% to EWEC’s targeted 36% emissions intensity reduction by 2030. It marks Abu Dhabi’s fifth major solar PV project, aiming to help reach 10 GW solar capacity by 2030.
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• Power
• PPP

Hafeet Rail, the developer of the Oman-UAE cross-border railway, has signed a cooperation agreement with Brazi ..Read More

Hafeet Rail, the developer of the Oman-UAE cross-border railway, has signed a cooperation agreement with Brazil’s Itaminas, aiming to establish an integrated iron ore shipping system. The deal will leverage Sohar Port's advanced facilities and the Hafeet Rail network to enhance supply chain efficiency for the iron and steel industry. Itaminas, with a production capacity of 6.5 million tons (expandable to 15.5 million tons) annually, plans to export to the Middle East and explore setting up parts of its value chain in the GCC. Construction of the railway is actively underway.
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• Transport

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.
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• Oil & Gas

Wood has secured decarbonisation contracts worth approximately $100 million to deliver flare gas reduction and ..Read More

Wood has secured decarbonisation contracts worth approximately $100 million to deliver flare gas reduction and carbon efficiency solutions across Iraq’s largest oil fields. The company will provide brownfield EPC and modification services to support Iraq’s goal of reducing gas flaring by 78% by end-2025. The projects will be executed by teams in Iraq and the UAE, with 60 new hires planned to support delivery.
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• Oil & Gas

Wood has secured a contract from TA’ZIZ, UAE to provide project management consultancy (PMC) for the UAE’s ..Read More

Wood has secured a contract from TA’ZIZ, UAE to provide project management consultancy (PMC) for the UAE’s first methanol production facility in Al Ruwais Industrial City, Abu Dhabi. Scheduled for completion by 2028, the plant will produce 1.8 million tonnes of methanol annually and utilize cutting-edge clean energy technologies to ensure high energy efficiency. Around 40 Wood consultants will collaborate with TA’ZIZ’s EPC contractor, highlighting Wood’s expertise in large-scale downstream chemical projects in the Middle East.
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• Petrochemical

ADNOC Drilling, UAE, secured a $1.15 billion 15-year contract for two advanced jack-up rigs to support ADNOC O ..Read More

ADNOC Drilling, UAE, secured a $1.15 billion 15-year contract for two advanced jack-up rigs to support ADNOC Offshore’s growing operations, with rigs prepared at Sharjah’s Lamprell shipyard. Equipped with AI, digitalization, and real-time analytics, these rigs will enhance efficiency and safety, starting operations in the second half of 2025. This long-term deal strengthens ADNOC Drilling’s revenue visibility and supports the UAE’s energy strategy and economic development.
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• Oil & Gas