Algeria cancels $1.3bn refinery contract and makes new award
Register for MEED's 14-day trial access . Algerian state energy producer Sonatrach has cancelled its $1.3bn contract with South Korea’s Samsung Engineering for the planned $3.7bn Hassi Messaoud refinery project in Algeria, and replaced it with China’s Sinopec.
MEED | Read the December 2024 MEED Business Review
Regional integration is crucial to the GCC’s ongoing economic success story. After signing the Al-Ula Accords in January 2021, there has been a renewed sense of togetherness across the GCC that has manifested itself in several important ways.
MEED | Saudi Landbridge construction to start in 2025
Register for MEED's 14-day trial access . Saudi Arabia is preparing to start work on the $7bn Saudi Landbridge project early next year as the negotiations for the final cost and financing of the project reach the closing stages.
MEED | Middle East business intelligence, news, data, analysis …
MEED EXCLUSIVE Acwa Power and GIC team bids for Al-Zour North 2 & 3 ; Chinese firm confirms Aramco offshore contract awards MEED EXCLUSIVE Kuwait to tender major oil pipeline projects ; Petrofac reaches binding agreement with creditors
MEED | Yearbook 2025
5 days ago · Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on project news, bids, awards and updates The latest Industry data and competitor insights Subscribe or upgrade your current MEED.com ...
MEED | Saudi Arabia seeks Taif airport PPP interest
Register for MEED's 14-day trial access . Saudi Arabia’s Matarat Holding, through the National Centre for Privatisation & PPP (NCP), has invited firms to express interest in bidding for a contract to develop and operate a new international airport in Taif in the country’s Mecca province.
MEED | Aramco housing PPP reaches financial close
Dec 4, 2024 · A team led by Saudi-headquartered Lamar Holding has reached financial close on the project to develop Saudi Aramco’s staff accommodation on Saudi Arabia’s Abu Ali Island, according to sources close to the project. The Abu Ali Services Residential Compound public-private partnership (PPP ...
MEED | Neom hydrogen project reaches 60% completion rate
Register for MEED’s 14-day trial access . Construction work on the $8.4bn Neom green hydrogen project in Saudi Arabia has reached a 60% completion rate.
MEED | EDF eyes 5GW UAE hydropower plant
The project is envisaged to store energy for up to 12 hours
MEED | Frontrunner emerges for Master Gas System package
Register for MEED's 14-day trial access . Netherlands-headquartered A Hak has emerged as the frontrunner to win the contract for package 9 of Saudi Aramco’s third expansion phase of the Master Gas System network (MGS-3) in Saudi Arabia. MEED recently reported that A Hak submitted the lowest bid for MGS-3 package 9, followed by Turkish firm Mapa Group.