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Welcome to our Resource Center, your hub for the latest insights and updates in the MENA region. Explore our collection of blogs, discover funding deals, stay informed on government initiatives, and keep up with key business conferences

Government Initiatives

Read about all the government initiatives in MENA region

Saudi Arabia

  •  March 28, 2025

Mitsubishi Power, in collaboration with Doosan Enerbility, has secured orders to supply six M501JAC gas turbin ..Read More

Mitsubishi Power, in collaboration with Doosan Enerbility, has secured orders to supply six M501JAC gas turbines for the 3.6 GW Rumah-1 and Al-Nairyah-1 IPP projects in Saudi Arabia, developed by SEC, ACWA Power, and KEPCO. The plants, supporting Saudi Vision 2030, will enhance grid stability and integrate renewables, contributing to the Kingdom’s goal of 50% power from natural gas and renewables by 2030. Mitsubishi Power will assemble the turbines in its Dammam facility, strengthening local workforce development and aligning with the Saudi Green Initiative’s decarbonization goals.
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Saudi Arabia

  •  March 27, 2025

SEPCO 3 Company and Doosan Enerbility signed an EPC contract with Saudi Electricity Company (SEC) for the Saud ..Read More

SEPCO 3 Company and Doosan Enerbility signed an EPC contract with Saudi Electricity Company (SEC) for the Saudi PP12 expansion project, a 1,800 MW combined cycle power plant using 7H-class gas turbine technology. This marks SEPCO 3’s third consecutive Saudi project, following the Rumah and Nairyah 1800 MW power plants. The project, aligned with Saudi Arabia’s “Vision 2030,” aims to enhance grid reliability, meet rising electricity demand in Riyadh, and support the country’s transition to a low-carbon energy system.
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UAE

  •  March 27, 2025

Baker Hughes has secured a multi-year contract with Dubai Petroleum Establishment (DPE) on behalf of Dubai Sup ..Read More

Baker Hughes has secured a multi-year contract with Dubai Petroleum Establishment (DPE) on behalf of Dubai Supply Authority (DUSUP) to provide integrated coiled-tubing drilling services for the Margham Gas storage project. The project enhances Dubai’s energy stability by enabling a flexible switch between natural gas and solar power. Baker Hughes will deploy its CoilTrak™ coiled-tubing system to optimize horizontal drilling and maximize reservoir contact, supporting a reliable and lower-carbon power system.
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Saudi Arabia

  •  March 26, 2025

Miahona, Saudi Arabia, has received an award letter from MODON to develop, operate, and maintain the Industria ..Read More

Miahona, Saudi Arabia, has received an award letter from MODON to develop, operate, and maintain the Industrial Wastewater Treatment Plant in Jeddah 1st Industrial City under a 25-year Rehabilitation, Operation, and Transfer (ROT) model. The project, valued at around SAR 1 billion, involves CAPEX investment, site utilization, reliable wastewater treatment, and treated water sales. Miahona will manage external networks, lift stations, and service fee collection throughout the contract period.
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Qatar

  •  March 26, 2025

QatarEnergy LNG has awarded its largest-ever Ultra Mega Offshore Contract for the North Field Production Susta ..Read More

QatarEnergy LNG has awarded its largest-ever Ultra Mega Offshore Contract for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4) to Larsen & Toubro (L&T) Hydrocarbon Business. The contract covers engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes, located 80 km off Qatar’s northeast coast. L&T executives hailed the project as a landmark achievement, reinforcing their global energy portfolio and supporting Qatar’s energy security and LNG leadership.
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Saudi Arabia

  •  March 25, 2025

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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Saudi Arabia

  •  March 24, 2025

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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Saudi Arabia

  •  March 24, 2025

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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