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Doosan consortium seals $1.5bn Saudi power plants contractA consortium - comprising Korea's Doosan Enerability (formerly Doosan Heavy Industries) and Sepco3, a professional electric power engineering company - has secured a major contract worth 2.2 trillion won ($1.52 billion) for building two combined cycle power plants in Saudi Arabia - Rumah More… |
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Electrical Industries unit wins Saudi transformers supply dealSaudi-based Electrical Industries Company has announced that one of its key subsidiaries - Saudi Power Transformers Company - has been awarded a contract by Tecnicas Reunidas Saudia for Services and Contracting Company to supply transformers for a major project. More… |
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Gulf Marine Services vessels win contract extensionsGulf Marine Services (GMS), a leading provider of self-propelled, self-elevating support vessels to the offshore energy industry, has announced that two of its vessels have secured three-year contract extensions with a major national oil company (NOC) in the Middle East. &n More… |
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Sewa launches largest 220 kV substation in SharjahThe Sharjah Electricity and Water Authority (Sewa) has announced the launch of the largest 220 kV substation in its network, located at the airport area in Umm Fannin. This strategic move, with a cost exceeding AED500 million ($136 million), is aimed at boosti More… |
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NMDC Energy secures $2.6bn Abu Dhabi EPC contractNMDC Energy (formerly National Petroleum Construction Company) has announced that it has received a letter of award worth AED9.7 billion ($2.6 billion) for a key energy project in Abu Dhabi. As per the deal, NMDC Energy will be providing the engineering, procu More… |
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SFME, Danat to convene marine ecosystem expertsSustainability Forum Middle East (SFME), a regional platform dedicated to driving net zero and nature positive solutions, in collaboration with Danat – Bahrain Institute for Pearls & Gemstones, will host a high-level roundtable on April 15, 2025 in Manama on "Oceans at the Fron More… |
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Ignite Energy Access to set up global headquarters in Abu DhabiThe Abu Dhabi Investment Office (ADIO) has signed a strategic agreement with Ignite Energy Access, a leading pan-African provider of the full range of Distributed Renewable Energy (DRE) solutions, to establish its global headquarters in the emirate, reported WAM. Under the multi-year a More… |
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Nabors closes acquisition of Parker WellboreNabors Industries has announced the closing of its acquisition of Parker Wellbore, advancing Nabors’ leadership position in drilling and related, value-added services. Parker’s solutions portfolio includes Quail Tools,the leading rental provider of More… |
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Emerson completes acquisition of AspenTechEmerson has completed its acquisition of all outstanding shares of common stock of Aspen Technology, (AspenTech) not already owned by Emerson. “The completion of our acquisition of AspenTech marks a key milestone in the final phase of Emerson More… |
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Etihad Esco completes key energy savings performance contractEtihad Energy Services Company (Etihad Esco), a wholly-owned subsidiary of Dubai Electricity and Water Authority (Dewa), has announced the completion of Dubai’s first energy savings performance contract (ESPC) with proven results. Launched in 2015, the r More… |
