Construction & Real Estate

GIP, L’IMAD, ADNOC, Temasek partnership eyes $30bn GCC infra investments

Global Infrastructure Partners (GIP), a part of BlackRock, will partner with L’IMAD, the Abu Dhabi National Oil Company (ADNOC) and Temasek, to launch an infrastructure investment partnership which will capitalise on the growing opportunities across the GCC and Central Asia. ...

Construction & Real Estate

Adnoc to accelerate growth, award $55bn projects

Adnoc confirmed that it is accelerating growth and delivery of its strategy with AED200 billion ($55 billion) in new project awards for 2026-2028. ...

Construction & Real Estate

Synergy Consulting plays key role in Taqa's 27-year utilities deal

Synergy Consulting has announced that it had a major advisory role in supporting Abu Dhabi National Energy Company (Taqa) on the successful execution of a 27-year utilities purchase agreement signed with Adnoc for the Ta’ziz Industrial Chemicals Zone in Ruwais Industrial City, Abu Dhabi....

Construction & Real Estate

Abu Dhabi entities to co-develop central utilities platform at Ta'ziz industrial zone

Abu Dhabi entities - Adnoc and Taqa - have signed a deal to co-develop a central utilities project, including the power grid connection and a range of water and wastewater utilities, at Ta'ziz Industrial Chemicals Zone in Ruwais. The duration of the agreement includes the offtake of utilities and construction of the plant. . The duration of the agreement includes the offtake of the utilities and construction of the plant....

Construction & Real Estate

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. ...

Construction & Real Estate

McDermott eyes $1.5bn Adnoc offshore EPC contracts

McDermott International is set to secure multiple offshore engineering, procurement and construction (EPC) contracts from Abu Dhabi National Oil Company (Adnoc), with a combined value estimated at up to $1.5 billion. These awards are linked to ADNOC’s ongoing offshore oil and gas expansion programme and reinforce McDermott’s strong positioning in the Middle East offshore EPC market. ...

Construction & Real Estate

ADNOC secures $11bn financing for Hail & Ghasha gas development

Abu Dhabi National Oil Company (ADNOC), in partnership with Eni and PTT Exploration and Production Public Company Limited (PTTEP), has signed a landmark structured financing transaction of up to AED40.4 billion ($11 billion) to monetise Hail and Ghasha’s midstream future gas production....