Red Sea Global (RSG), developer of The Red Sea and AMAALA, has signed an MoU with Hyundai Motor Group to deplo ..Read More

Red Sea Global (RSG), developer of The Red Sea and AMAALA, has signed an MoU with Hyundai Motor Group to deploy eco-friendly mobility solutions, including battery electric and hydrogen fuel cell vehicles, at RSG’s luxury resorts in Saudi Arabia. The partnership, announced on March 24, will explore future mobility solutions like autonomous vehicles, Advanced Air Mobility (AAM), and maritime vessels, aligning with Saudi Arabia's Vision 2030 to achieve net-zero emissions by 2060. The Red Sea welcomed its first guests in 2023, with international flights starting soon, while AMAALA is set to open its first resorts in 2025.
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• The Red Sea Development
• Tourism

GE Vernova and Saudi Electricity Company (SEC) successfully completed the first gas turbine outage at Riyadh� ..Read More

GE Vernova and Saudi Electricity Company (SEC) successfully completed the first gas turbine outage at Riyadh’s 8th power plant, fully executed by Saudi engineers, highlighting their commitment to localization and Saudi Vision 2030. The 1,700 MW plant plays a vital role in stabilizing Riyadh’s electricity grid. GE Vernova’s Saudi-led maintenance, supported by its Live Outage platform, ensures plant reliability. In 2024, GE Vernova also secured its largest-ever Middle East & Africa order for gas turbines and completed FEED studies on decarbonization for three Saudi cogeneration plants.
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• Power

Orascom Construction PLC, Egypt, and Técnicas Reunidas signed a USD 2.6 billion EPC contract to build the 3 G ..Read More

Orascom Construction PLC, Egypt, and Técnicas Reunidas signed a USD 2.6 billion EPC contract to build the 3 GW Qurayyah IPP Expansion Project, a combined cycle gas-fired power plant in Saudi Arabia’s Eastern Province, with carbon capture readiness and a 380 kV substation. The contract was signed with Hajr Two Electricity Company, a consortium of ACWA Power, Saudi Electricity Company, and Haji Abdullah Alireza & Co. Orascom Construction, with a track record exceeding 30 GW capacity in the region, aims to leverage its expertise to deliver high-quality power projects in Saudi Arabia.
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• Power

Alghanim International, Kuwait, has been awarded a $1 billion EPC contract for Project Volta, a new cogenerati ..Read More

Alghanim International, Kuwait, has been awarded a $1 billion EPC contract for Project Volta, a new cogeneration utilities plant in Abu Dhabi, by TAQA Group and ADNOC Group. The project will supply utilities to petrochemical plants at TA’ZIZ’s derivatives complex, introducing new petrochemical products to the UAE market. Alghanim International, known for large-scale energy projects across the region, aims to contribute to Abu Dhabi’s industrial growth with its engineering expertise and innovation.
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• Petrochemical

Nama Water Services, Oman, signed a RO 55 million agreement with Al Tayer Engineering to develop a water purif ..Read More

Nama Water Services, Oman, signed a RO 55 million agreement with Al Tayer Engineering to develop a water purification plant at Wadi Dayqah Dam, Qurayyat, under a 20-year Build, Own, Operate (BOO) model. The plant, with a 65,000 m³/day capacity, will supply 35,000 m³/day to Nama’s network and 30,000 m³/day for agricultural irrigation, supporting food security. It aims to enhance water security, reduce desalination costs, and ensure reliable water supply during emergencies, contributing to Oman Vision 2040 and targeting net-zero emissions by 2050. The project mandates 50% Omanization and will create over 100 indirect jobs.
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• PPP
• Water

SEPCO3, in partnership with Doosan Enerbility, South Korea, commenced the Rumah 1 and Nairyah 1 combined cycle ..Read More

SEPCO3, in partnership with Doosan Enerbility, South Korea, commenced the Rumah 1 and Nairyah 1 combined cycle power plant projects in Saudi Arabia, with capacities of 1,800 MW each. The projects, part of the Ministry of Energy’s plan to diversify energy sources and reduce liquid fuel use, align with Saudi Vision 2030, targeting 50% renewable energy and gas contribution. The projects also support the Saudi Green Initiative’s goal of achieving net-zero GHG emissions by 2060, with readiness for gas turbine localization and carbon capture technologies.
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• Power

Saudi Electricity Company (SEC) has invited bids for 380kV substations and overhead transmission lines (OHTL) ..Read More

Saudi Electricity Company (SEC) has invited bids for 380kV substations and overhead transmission lines (OHTL) for upcoming renewable energy projects across Saudi Arabia. Key projects include Afif 1 & 2, Khurma 1 & 2, Bilghah Wind, Shegran Wind, and several others across the Central, Western, Northern, and Eastern regions. The projects align with the National Renewable Energy Program (NREP), supervised by the Ministry of Energy, with the sixth round of RFPs issued by SPPC for a combined capacity of 4,500 MW.
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• Power

Aramco, in collaboration with Siemens Energy, has launched Saudi Arabia's first Direct Air Capture (DAC) test ..Read More

Aramco, in collaboration with Siemens Energy, has launched Saudi Arabia's first Direct Air Capture (DAC) test unit, capable of removing 12 tons of CO2 annually. The facility aims to test next-gen CO2 capture materials, reduce costs, and pave the way for large-scale DAC deployment. This initiative aligns with Aramco’s goal of achieving net-zero emissions by 2050 and complements its upcoming Carbon Capture and Storage (CCS) hub in Jubail, set to capture 9 million tons of CO2 in phase one.
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• Power