ADNOC, UAE, signed a 15-year Sales and Purchase Agreement (SPA) with Osaka Gas, Japan, for up to 0.8 mtpa of L ..Read More

ADNOC, UAE, signed a 15-year Sales and Purchase Agreement (SPA) with Osaka Gas, Japan, for up to 0.8 mtpa of LNG from its Ruwais LNG project, set to begin operations in 2028. This marks ADNOC’s first long-term LNG agreement with Osaka Gas and the fourth for the Ruwais project, bringing total committed capacity to 8 mtpa out of 9.6 mtpa. The Ruwais plant, operating on clean power, will be one of the lowest-carbon intensity LNG facilities globally, enhancing ADNOC’s global LNG expansion strategy.
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• Oil & Gas

DEWA has launched a competitive tender for Phase VII of the Mohammed Bin Rashid Al Maktoum Solar Park, featuri ..Read More

DEWA has launched a competitive tender for Phase VII of the Mohammed Bin Rashid Al Maktoum Solar Park, featuring 1,600-2,000 MWac of solar PV and 1,000 MW of battery storage. The project, to be developed under an IPP model, will be commissioned in phases starting August 2027, with power sold under a long-term PPA. Interested bidders must submit an EOI by March 21, 2025. Deloitte-led consortium has been appointed as the project consultant.
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• Power
• PPP

Drake & Scull International (DSI) has secured two major contracts worth over AED 1 billion for the Arabian Hil ..Read More

Drake & Scull International (DSI) has secured two major contracts worth over AED 1 billion for the Arabian Hills Project, a 224 million sq. ft. luxury development. The contracts cover infrastructure works, power systems, street lighting, and a sewage treatment plant for Sun Valley (AED 452.85M) and Park Vista (AED 557.81M). The project will utilize advanced construction methods and aligns with sustainable urban development goals. CEO Muin El Saleh emphasized the contracts as a major milestone, reinforcing DSI’s market leadership and future growth strategy.
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• Construction

Dubai’s RTA has awarded an AED 798 million contract for the Al Qudra Street Development Project, enhancing t ..Read More

Dubai’s RTA has awarded an AED 798 million contract for the Al Qudra Street Development Project, enhancing traffic flow and connectivity across key residential and commercial areas. The project spans 11.6 km, includes 2,700m of bridges, and aims to reduce travel time from 9.4 to 2.8 minutes, benefiting 400,000 residents and visitors. Key upgrades include bridges at major intersections, expanding road capacity to 19,400 vehicles/hour, and reducing wait times significantly. The development will also extend Al Qudra Street by 3.4 km and add 4.8 km of new roads, improving access to Arabian Ranches, Dubai Motor City, DAMAC Hills, and more.
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• Construction

Emerge, a Masdar-EDF joint venture, has signed an agreement to install a 13.25MWp solar PV plant for Tawazun I ..Read More

Emerge, a Masdar-EDF joint venture, has signed an agreement to install a 13.25MWp solar PV plant for Tawazun Industrial Park (TIP), including an 11.5MWp ground-mounted system and a 1.75MWp carport. The project will avoid 14,064 tonnes of CO₂ emissions annually, supporting UAE’s Net Zero by 2050 Strategy. Under a 25-year BOOT agreement, Emerge will finance, design, construct, operate, and maintain the plant, with construction starting in late 2025.
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• Power

Dubai Electricity & Water Authority (DEWA) has appointed a Deloitte-led global consortium as a consultant for ..Read More

Dubai Electricity & Water Authority (DEWA) has appointed a Deloitte-led global consortium as a consultant for Phase 7 of the Mohammed bin Rashid Al Maktoum Solar Park, which will add 1,600MW of solar PV and a 1,000MW battery energy storage system (BESS). Set for phased commissioning between 2027-2029, this solar-plus-storage project will help Dubai exceed its 5,000MW clean energy target before 2030. Deloitte will oversee IPP tendering, financial structuring, investor outreach, and regulatory alignment, reinforcing Dubai’s goal of 100% clean energy by 2050.
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• Power

Linxon has been awarded a turnkey EPC contract by TAQA Transmission to develop a 400/220 kV substation at ICAD ..Read More

Linxon has been awarded a turnkey EPC contract by TAQA Transmission to develop a 400/220 kV substation at ICAD-4 in Abu Dhabi, UAE. The project supports grid development and the retirement of Sas Al Nakheel generation plant, meeting the growing power demand of Abu Dhabi’s mega projects. Linxon’s scope includes GIS switchgear (400kV, 220kV, 33kV), 500 MVA transformers, SCMS, telecom, and civil works, with commissioning set for 2028. This reinforces Linxon’s commitment to regional infrastructure expansion.
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• Power

Parsons announced $475 million in new contracts as part of its Q4 2024 results. In Saudi Arabia, it secured tw ..Read More

Parsons announced $475 million in new contracts as part of its Q4 2024 results. In Saudi Arabia, it secured two contracts worth $275 million with a three-year duration, booking the first option period in Q4 2024. In UAE, it won a $200 million follow-on program and construction management contract in Dubai. Total Q4 revenue rose 16% to $1.7 billion, driven by 14% organic growth and acquisitions, with strong gains in critical infrastructure protection and cyber markets.
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• Construction