- Kuwait awarded a $12 billion project to British, US, and Japanese consortia to upgrade its oil refineries and reduce pollution. The project will boost refinery capacity and make production more environmentally friendly.
- TAQA, an Abu Dhabi energy company, is leading a consortium that will invest $2 billion to acquire two hydropower plants in India. The deal is expected to close this quarter.
- Topaz Energy and Marine, a Dubai-based offshore services company, secured two contracts worth $50 million to provide platform supply vessels to support offshore oil production in West Africa for one of the world's leading oil companies.