ALEC Holdings, a leading diversified engineering and construction group operating in the UAE and KSA, has announced that its subsidiary Target Engineering Construction Company – SP, has secured three major contracts worth a total of over $500 million in the Gulf.
Saipem has announced that its joint venture with Nasser Saeed Al Hajri has secured a key engineering, procurement and construction services contract worth €900 million ($1.03 billion) for the Uthmaniyah Gas Compression Plant in the Kingdom of Saudi Arabia. The entire work will be completed within 42 months.
South Korea's Doosan Enerbility has announced that it had signed a contract worth KRW837 billion ($556 million) for the second phase of the Jafurah Combined Heat and Power Plant in Saudi Arabia in partnership with Korea Electric Power Corp (Kepco) and Saudi oil giant Aramco.
UAE-based Trojan Construction Holding has joined hands with Orascom Construction for the establishment of a new company - Everwater for Treatment Systems - headquartered in Abu Dhabi dedicated to delivering EPC and O&M services for large-scale water infrastructure projects across the region.
Qatar General Electricity and Water Corporation (Kahramaa) has invited bids for a major 2026 expansion of the country’s power transmission system. The project scope covers an EPC contract for new substations across multiple voltage levels - from 132/11kV to 400kV capacity.
Hassan Allam, one of the largest engineering and construction companies in the MENA region, has agreed to acquire MetiPro, the engineering, procurement, and construction arm of Metito group.
Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has signed a contract with the Kuwait's Ministry of Electricity and Water and Renewable Energy for a major power infrastructure project worth KD57.2 million ($186.4 million).
NMDC Group, a global leader in engineering, procurement, construction and marine dredging, today announced a strong set of financial results for 2025, reporting revenues of AED28.8 billion ($7.84 billion), up 10% y-o-y. Net profit surged 29% y-o-y to cross the AED4.0 billion ($1.089 billion) mark.
QatarEnergy has awarded the engineering, procurement, and construction (EPC) contract for the onshore LNG plant of the North Field West (NFW) project, a key component of the world's largest liquefied natural gas (LNG) expansion.
Petrojet, a key Egyptian oil and gas EPC (engineering, procurement, construction) contractor with a significant presence in Abu Dhabi, has announced that it has won a EPC contract worth $273 million to build a 193km natural gas pipeline in Oman.