The MoU is in the field of emission reduction projects and transition to clean energy, and it was signed by Magdy Galal, EGAS' Chairman, and Manuel Alapart, Técnicas Reunidas’ Vice-President.

Sonatrach signed a deal with a consortium of Spain’s Tecnicas Reunidas and South Korea’s Samsung Engineering to build a new oil refinery in the western Ouargla Province.

The Abu Dhabi National Oil Company (ADNOC) and its partner Cepsa plan to develop the Linear Alkylbenzene (LAB) plant in the Ruwais Derivatives Park.

Arabtec Holding subsidiary Target Engineering has won a $141.8 million construction contract for the Abu Dhabi National Oil Company's (ADNOC) development project for the Bu Hasa oil field.

ADNOC LNG has signed an engineering, procurement, and construction (EPC) contract worth $860 million with Spain's Tecnicas Reunidas and Abu Dhabi’s Target Engineering Construction Company.

Abu Dhabi National Oil Company (ADNOC) Gas Processing has awarded a $1 billion gas production contract to a joint venture between Spain’s Técnicas Reunidas and Target Engineering Construction.

The state-run Saudi Aramco signed $4.5 billion in deals with international companies.

Tecnicas Reunidas, Saipem, and Samsung E&C are the primary contenders for a contract from Saudi Aramco for the construction of natural gas facilities in Haradh and Hawiyah.

Duqm Refinery & Petrochemical Industries Company (DRPIC) awarded a $2.75-billion contract to a Spanish-Korean consortium for the construction of its main processing plants.

Bahrain Petroleum Company (Bapco) is in talks with Export Credit Agencies (ECA) to finance the expansion of its Sitra oil refinery. The project is estimated to cost around $5b.