6/1/2026 9:49:02 AM (Volume: 43 / Issue: 6)
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Tag: construction

Energy, Oil & Gas

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. ...

Energy, Oil & Gas

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. ...

Energy, Oil & Gas

Kepco secures $1.4bn Saudi cogeneration project from Aramco

Korea Electric Power Corporation (Kepco) has announced that it has secured contracts worth $1.4 billion from Saudi oil giant Aramco for the construction and operation of the second phase of the kingdom’s Jafurah cogeneration power plant which, on completion, will boast a 331MW capacity. ...

Energy, Oil & Gas

Heisco lands $563m Kuwait Oil Company contract

Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has secured a key contract worth KD174.2 million ($563 million) from Kuwait Oil Company (KOC) for the construction of flowlines as well as other associated works at its project site in Kuwait. ...

Energy, Oil & Gas

L&T units wins near $1.1bn Mideast substations contracts

Indian construction and engineering conglomerate Larsen and Toubro (L&T) said one of its key units has secured EPC orders - in the range of Rs50 billion to 100 billion ($551 million to $1.1 billion) - from leading utilities in the Middle East to establish electricity grid system elements across the region. ...

Energy, Oil & Gas

Heisco snaps up $567m KOC upstream infrastructure development work

Heavy Engineering Industries & Shipbuilding Company has announced that it has secured a major contract worth KD174.2 million ($567.4 million) from Kuwait Oil Company for the construction of flowlines and associated works at its upstream oil facilities. ...

Energy, Oil & Gas

NMDC secures dredging, reclamation works contract in Abu Dhabi

NMDC Group, an integrated energy, marine services and EPC specialist in the Mena region, has announced that its business unit has secured a contract from the Department of Municipalities and Transport (DMT) for the execution of dredging and reclamation works in Abu Dhabi. ...

Energy, Oil & Gas

McDermott lands EPCI contract for key Abu Dhabi gas project

McDermott, a leading provider of engineering and construction solutions to the energy industry, has announced that it has secured a major EPCI contract (in the range of $750 million to $1 billion) from Adnoc for its Nasr-115 Expansion Project, located 130km northwest of Abu Dhabi. ...

Energy, Oil & Gas

Korea Western Power lands contract for $898m Duqm power plant

Korea Western Power has secured a major contract to build and operate a gas-fired combined-cycle power plant being set up at an investment of 1.3 trillion won ($898 million) at Duqm in Oman. Set for 2029 completion, the 877MW facility is being implemented on a BOO model. ...

Energy, Oil & Gas

Saipem announces restart of jack-up rig in Saudi Arabia

Saipem, a global leader in the engineering and construction of major projects for energy and infrastructure sectors, has announced the restart of operations of the jack-up Perro Negro 7 in Saudi Arabia. The rig can operate in waters up to 375 ft deep and drill wells up to 9,100m. ...

Energy, Oil & Gas

Nesma secures $224m Saudi substation contract

Saudi-based Nesma Infrastructure & Technology has secured a SAR840 million ($224 million) contract for the construction of 230/115/34.5kV substation in Jubail. The project scope includes OHTL and associated replacement works. ...