- December 16, 2024

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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- December 16, 2024

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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- 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

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

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

Sweid & Sweid has awarded the AED 730 million construction contract for its Sweid One office development in Ju ..Read More
Sweid & Sweid has awarded the AED 730 million construction contract for its Sweid One office development in Jumeirah Lakes Towers (JLT) to Dutco Construction. The project will offer 500,000 square feet of premium office space, with amenities such as unique food and beverage options and extensive parking. Construction is set to complete by Q4 2026, continuing a successful partnership between the two companies.
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