8/31/2026 8:28:10 PM (Volume: 43 / Issue: 9)
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Tag: infrastructure

Energy, Oil & Gas

Türkiye needs $80bn in electricity infrastructure investment through 2035

Türkiye will need to invest at least $80 billion in electricity infrastructure through 2035, said the country's power minister, adding that it has to focus on mobilising private capital, international financial institutions, development banks and long-term institutional investors. ...

Energy, Oil & Gas

PowerChina expands Egypt footprint with 1.8GW wind power projects

As China and Egypt celebrate 70 years of diplomatic ties, green development is taking centre stage, with Power Construction Corporation of China (PowerChina) advancing wind power projects portfolio totaling over 1.8GW in Egypt while expanding into energy storage and local manufacturing. ...

Energy, Oil & Gas

Dewa integrates carbon reduction, biodiversity into infrastructure projects

Dubai Electricity and Water Authority (Dewa) said it is integrating sustainability measures across its infrastructure projects to help cut carbon emissions, boost resource efficiency and support the emirate’s clean energy transition as the emirate pushes ahead with its sustainability goals. ...

Energy, Oil & Gas

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. ...

Energy, Oil & Gas

Kuwait Oil Company awards $7.2bn contracts in H1

Kuwait Oil Company (KOC) said it has awarded 129 contracts worth about KD2.2 billion ($7.2 billion) during the first half of 2026 as it stepped up investments to expand oil production capacity, strengthen drilling and exploration activities as well as modernise oilfield infrastructure....

Energy, Oil & Gas

Dewa unit explores global infrastructure opportunities with ING, Actis

Dewa International, the overseas investment arm of Dubai Electricity and Water Authority, is pursuing global growth through new tie-ups with international financial and infrastructure investors. Its senior leadership held a meeting with ING and Actis in London to explore opportunities in power and water projects. ...

Energy, Oil & Gas

Vision Golfe 2026 strengthens France-GCC energy, infrastructure partnerships

Vision Golfe 2026 brought together more than 1,200 participants, five ministers, senior government officials and business leaders in Paris this week, reinforcing its position as the leading platform for economic cooperation between France and the Gulf Cooperation Council (GCC)....

Energy, Oil & Gas

Dewa launches international subsidiary to develop energy projects worldwide

Dubai Electricity and Water Authority said it has set up a new wholly-owned independent subsidiary - Dewa International - for developing conventional and clean energy projects worldwide and exporting the emirate's successful energy and water infrastructure model to global markets. ...

Energy, Oil & Gas

Dubai to host World Green Economy Summit in October

Some of the leading decision-makers, business leaders, investors and experts in resilience and infrastructure, along with key representatives from government, the private sector and academia, will be in Dubai this October for the 12th edition of World Green Economy Summit (WGES). ...

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

O-Green achieves financial close for Oman’s largest industrial solar project

O-Green, a green infrastructure platform jointly owned by Naqaa Sustainable Energy and OQ Alternative Energy, said it has achieved the financial close for the largest solar energy project in Oman. The landmark 93MW solar project is being developed in partnership with Madayn at Sohar Industrial City....

Energy, Oil & Gas

Iraq approves $4.6bn Basra–Haditha oil pipeline bid process

Iraq has approved the bidding process for a $4.6 billion oil pipeline linking Basra to Haditha, in a step aimed at strengthening its crude export infrastructure. The planned pipeline will stretch 685 km, transporting crude oil from southern Iraq to northern regions....

Energy, Oil & Gas

Heisco seals $186.4m Kuwait power infrastructure contract

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). ...

Energy, Oil & Gas

GCC countries boost global position in energy sector, says report

The Gulf countries continue to consolidate their position as one of the most influential hubs in global energy markets, (with 32.7% of global oil reserves and 21.2% gas reserves) supported by a broad base of natural resources, advanced infrastructure and accumulated expertise, said a report....

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

Kuwait Petroleum signs deal for power, steam co-generation project

Kuwait Petroleum Corporation (KPC) said it has signed a strategic agreement to explore the development of a power and steam co-generation plant in the country's Ratqa area, in a move aimed at improving efficiency across Kuwait’s oil and power sectors....

Energy, Oil & Gas

Combined Group Contracting lands $210m Kuwait Oil contract

Combined Group Contracting (CGC), a leading infrastructure specialist, has secured multiple high-value contracts worth $210 million from Kuwait Oil Company. The scope of work includes development of complex oil and gas infrastructure developments in Kuwait. ...

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