Tag: energy

Construction & Real Estate

SLB wins major EPC contract for Bisat-B expansion in Oman

Global energy technology company SLB has announced that it has secured a major EPC contract from Omani group OQ Exploration & Production (OQEP) for the expansion of the sultanate's Bisat-B Production Facility. The entire project is scheduled for completion within 19 months. ...

Construction & Real Estate

Bilfinger wins FEED consultancy contract for key Oman fuels project

Bilfinger has announced that it has secured a major contract from Shinas Marine Fuels to provide Front-End Engineering Design (FEED) consultancy services for the Phase 1 of its oil terminals project in Oman. The work includes provision of consultancy expertise to help define the project's technical and commercial framework. ...

Construction & Real Estate

Lamprell named consortium partner for major UAE offshore project

Lamprell, a leading provider of contracting services to the energy sector, has announced that it has been signed up as part of a consortium with Indian construction and engineering conglomerate Larsen & Toubro (L&T) for a major offshore engineering, procurement, construction and installation project in UAE. ...

Construction & Real Estate

Johnson Controls rolls out new range of industrial heat pumps

Johnson Controls has announced the launch of its Sabroe HitemHP line of industrial high-temperature heat pumps designed to help industries requiring high-temperature process heat in the Middle East to electrify and decarbonize, without compromising performance. ...

Construction & Real Estate

Acwa, Veolia team up to cut desalination energy costs

Saudi-listed Acwa has signed an MoU with Veolia in Paris to optimise seawater desalination, combining technical expertise to improve SWRO plant design, operations and equipment selection while reducing energy consumption....

Construction & Real Estate

Statetron to develop AI, robotics-powered industrial facility in Qatar

Swedish industrial technology company Statetron has announced plans to develop a 10-hectare industrial facility in Qatar combining artificial intelligence (AI), robotics, energy storage and autonomous logistics in a manufacturing system designed to scale to multi-gigawatt capacity. ...

Construction & Real Estate

Saipem lands $1.8bn offshore EPCI contract in the Middle East

Saipem, a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, has won a key contract worth $1.8 billion to provide engineering, procurement, construction and installation (EPCI) services for an offshore project in the Middle East. ...

Construction & Real Estate

NEOM unit commissions 3.15GW substation at innovation city Oxagon

Enowa, the energy, water and hydrogen subsidiary of mega Saudi futuristic city NEOM, has announced that it has commissioned a new power substation at Oxagon, thus increasing the manufacturing and innovation city's available electricity capacity to 3.15GW. ...

Construction & Real Estate

Tarshid completes energy retrofit covering 43 Madinah university buildings

Saudi energy services company Tarshid has completed the second phase of an energy efficiency retrofit project at the Islamic University of Madinah, covering 43 buildings and facilities. It involved upgrades to cooling, AC and lighting systems aimed at improving energy efficiency. ...

Construction & Real Estate

US-Saudi consortium Mera Oil shortlists three GCC sites for $5bn refinery

MWG Enterprises, a US-based energy development company, said it has - in partnership with Patel Family Office and PWS, a company of Saudi Arabia’s AHQ Group - entered the final ​stage of site selection for its planned $5 billion integrated refinery and energy export corridor. ...

Construction & Real Estate

BYD secures 11.27GWh Masdar contract for mega RTC project

BYD Energy Storage has announced that it has secured a major contract from Masdar, a global clean energy leader, for a gigascale round-the-clock renewable energy project in Abu Dhabi. The project has a single-station scale of 1,644 MW with 11.275 GWh of BYD Haohan deployed. ...

Construction & Real Estate

NMDC Group achieves $435m net profit for first half

NMDC Group, a global leader in integrated marine, energy, construction, logistics, and engineering solutions, today reported a 6% increase in revenues for the first half of 2026 (H1 2026), reaching AED14.1 billion ($3.84 billion), compared to AED13.4 billion in the same period last year....

Construction & Real Estate

Dubai Holding Community Management inks deal with Etihad Esco

Dubai Holding Community Management has announced that it has signed an agreement with Al Etihad Energy Services (Etihad Esco) to strengthen energy efficiency and strategic sustainability initiatives across communities that it is managing. ...

Construction & Real Estate

Pioneering project in Dubai hotel cuts energy use by 80%

Manor by JA hotel has announced that it has successfully implemented a first-of-its-kind project in the Middle East in partnership with ASAS, Al Ghurair and Enernouva to reduce energy consumption in its heating systems by up to 80%, without requiring any upfront capital investment by the hotel. ...

Construction & Real Estate

Abu Dhabi forum to spotlight sustainable infrastructure and smart cities

Leading decision-makers, business leaders and construction industry experts will be in Abu Dhabi this week for the Forbes' Building the Future Summit 2026 where they will discuss the future of urban development and sustainable infrastructure across the Middle East and North Africa. ...

Construction & Real Estate

Pan Kingdom in deal to develop ready-built industrial facilities at SPARK

King Salman Energy Park (SPARK) has signed an agreement with Pan Kingdom Real Estate to develop an integrated industrial complex comprising 168 ready-built industrial units across 214,000 sq m area within the mega development in the Eastern Province of Saudi Arabia. ...

Construction & Real Estate

Saipem seals $1bn EPC contract for Saudi gas compression plant

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. ...

Construction & Real Estate

L&T lands $992m Kuwait energy infrastructure development contracts

Indian construction and engineering conglomerate Larsen and Toubro (L&T) has secured a major contract worth KD303.5 million ($992 million) from Kuwait Oil Company for the construction of export crude storage facilities as well as providing key upgrades to its key energy infrastructure. ...

Construction & Real Estate

Swedish group Alfa Laval names regional VP for energy unit

Swedish conglomerate Alfa Laval has appointed Alban Hohmann‑Schauly as its new Vice President of Energy unit for the Middle East, South & East Africa region. With over 16 years global experience in the energy and digital infrastructure, Alban has built a strong track record in market analysis and customer segmentation....