Dhahran, Saudi Arabia-- Saudi Aramco Tuesday signed 59 corporate procurement agreements (CPAs) valued at $11 billion with 51 local and global manufacturers, with potential to create 5,000 new jobs in the kingdom over the next decade. The agreements are expected to reinforce Aramco’s supply chain and result in the development...
Dubai SMEs bag contracts worth $250m under procurement program
Emirati entrepreneurs and national enterprises in Dubai won contracts worth AED 921.6 million ($250 million) from various local and federal government entities, semi-government bodies and private businesses in 2021 as part of the Government Procurement Programme (GPP). The value of the contracts was three percent higher than the AED 896.7...
Licensed firms and SMEs account for bulk of AFZ procurement
Licensed companies and small and medium enterprises (SMEs) accounted for 51 per cent of Ajman Free Zone’s total procurement of goods and services in 2021, a recent report released by the free zone showed. The report also revealed that 24 per cent of the total purchases and contracts made last...
ADNOC awards $946m EPC contract
The contract awarded to NPCC for the development of Umm Shaif field.
NMDC wins $354m contract
The contract is for the Shamal Development marine works.
ADNOC awards $1.46 billion EPC contracts for Dalma Gas Dev Project
The two EPC contracts, awarded to National Petroleum Construction Company (NPCC) and a joint venture (JV) between Técnicas Reunidas and Target Engineering, include the construction of gas conditioning facilities, wellhead topsides, pipelines and umbilicals. Seventy percent of the award value will flow back into the UAE’s economy under ADNOC’s successful...
Qatar Petroleum begins expansion
It has awarded an contract to Madrid-based Técnicas Reunidas.
