The Bahrain based Arab Shipbuilding & Repair Yard Marketing Services Company (ASRY) and the British power generation packaging specialist Centrax Ltd. have formed a joint venture company, ASRY-CENTRAX Ltd.
Reinforcing its commitment to support Iraqs expanding energy infrastructure, GE has signed a multi-million dollar, multi-year agreement with Mass Global Investment Company, an independent power producer (IPP) in Northern Iraq.
South Koreas Samsung C&T Corp won a US$579.3mn order to build a thermal power plant for Emirates Aluminium Company (Emal) in the UAE.
Saudi Electricity Co (SEC) signed a US$2.85 billion power deal with a consortium of companies for construction of a 4,000 MW gas fired power plant Qurayyah plant.
Alstom has signed a contract worth US$93.7mn with Iraq to build and install a power generation plant in the northern province of Nineveh.