Oswal Energies, ATS Forge UAE Energy Alliance

20 Jan 2026 CW Team

Oswal Energies Ltd has entered into a strategic partnership with Arab Tanker Services (ATS), Abu Dhabi, by signing a Memorandum of Understanding to jointly deliver integrated EPC and Design-Build-Operate (DBO) solutions across the UAE and other energy-focused regions.

The collaboration combines Oswal’s EPC expertise with ATS’s marine and subsea capabilities to execute projects across onshore, offshore and subsea segments. Key focus areas include early production facilities (EPFs) for upstream deployment, rigid thermoplastic pipe and subsea pipeline systems, offshore cable and pipeline laying, surface facilities and modular process skids for industrial applications.

Operations under the alliance will be supported by ATS’s Abu Dhabi infrastructure, including a fleet of 24 offshore barges and vessels, a fabrication yard for heavy modular assemblies and long-term jetty investments. The platform is further strengthened by advanced subsea services such as remotely operated and autonomous underwater vehicle support for complex offshore work.

Oswal Energies Managing Director Ratan Bokadia said the alliance marks a major step towards building a globally competitive and technology-led energy infrastructure platform. He added that combining ATS’s marine strength with Oswal’s engineering and fabrication capabilities will enhance delivery of offshore pipelines, EPFs, modular systems and clean hydrogen projects aligned with the UAE’s Net Zero 2050 vision.

The partnership forms part of Oswal Energies’ broader Middle East expansion strategy targeting USD 1 billion in regional growth and positions the company to undertake large, technically demanding projects with faster execution timelines.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..