QatarEnergy and Shell have signed a long-term sale and purchase agreement (SPA) to supply 3 million tons per a ..Read More

QatarEnergy and Shell have signed a long-term sale and purchase agreement (SPA) to supply 3 million tons per annum (MTPA) of LNG to China, starting in January 2025. This agreement highlights both companies' commitment to meeting global energy demands and the growth of China's LNG market, which is set to become the largest in the world. This is the 11th LNG supply contract between QatarEnergy and Shell.
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• Oil & Gas

MATARAT Holding, in collaboration with the National Center for Privatization & PPP, has invited expressions of ..Read More

MATARAT Holding, in collaboration with the National Center for Privatization & PPP, has invited expressions of interest for the new Taif International Airport project. The airport, set to open by 2030, will have an initial capacity of 2.5 million passengers and will include new runways, terminals, and facilities. The project aligns with Saudi Arabia's Vision 2030 and aims to enhance the Kingdom's aviation and logistics sectors. It will be awarded under a Build-Transfer-Operate (BTO) model with a 30-year contract duration.
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• Transport

Energy Pool France has been contracted by Oman Power and Water Procurement Company to conduct a Demand Respons ..Read More

Energy Pool France has been contracted by Oman Power and Water Procurement Company to conduct a Demand Response (DR) study. The initiative aims to optimize grid operations, integrate renewable energy, and support Oman's 2050 net-zero goals. The study will analyze Oman’s energy market, evaluate global DR models, and design phased DR implementation strategies to enhance grid reliability and reduce peak demand.
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• Power

Arabian Cement Company, Saudi Arabia, has signed an agreement with the National Electricity Transmission Compa ..Read More

Arabian Cement Company, Saudi Arabia, has signed an agreement with the National Electricity Transmission Company to establish a 101 MVA power transmission station at its Rabigh plant under the Liquid Displacement Program. The project, set for completion by the end of 2025, aims to reduce emissions, enhance grid reliability, and align with national energy and industrial objectives.
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• Power

His Majesty King Salman bin Abdulaziz Al Saud inaugurated the Riyadh Metro network, a 176-kilometer fully-auto ..Read More

His Majesty King Salman bin Abdulaziz Al Saud inaugurated the Riyadh Metro network, a 176-kilometer fully-automated system with 6 lines, aimed at improving urban mobility in line with Vision 2030. Webuild Group contributed to the project, including the longest metro line and the Qasr Al Hokm Downtown Metro Station, a symbol of modernity blending with tradition. Webuild, with a long presence in Saudi Arabia, is also involved in major projects like NEOM and water infrastructure initiatives in the region.
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• Transport

The Roads General Authority (RGA), alongside the National Center for Privatization (NCP), has announced the li ..Read More

The Roads General Authority (RGA), alongside the National Center for Privatization (NCP), has announced the list of 42 companies (27 Saudi and 15 international) expressing interest in the operation, maintenance, and development of Motorway Service Areas (MSAs) on the Jeddah–Makkah Direct Highway. The project, involving a dual 4-lane 64 km highway with four MSAs, includes a 10-year contract covering design, build, finance, operation, and maintenance services, aligned with Saudi Arabia's Roads Strategy and National Transport and Logistics Strategy.
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• Construction
• PPP

The Water Transmission Company (WTCO) has announced 31 bidders for the Ras Mohaisen–Baha–Makkah Independen ..Read More

The Water Transmission Company (WTCO) has announced 31 bidders for the Ras Mohaisen–Baha–Makkah Independent Water Transmission System (IWTS), a 300 km project with a daily capacity of 515,000 cubic meters. Developed on a DBFLT model, the initiative aligns with Saudi Vision 2030 and the National Water Strategy to enhance water sustainability and desalination. The selected developer will lease the transmission capacity to WTCO for up to 35 years.
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• PPP
• Water

Sumitomo Corporation, Shikoku Electric Power, KOSPO, and KIND, in partnership with QEWC and Qatar Energy, have ..Read More

Sumitomo Corporation, Shikoku Electric Power, KOSPO, and KIND, in partnership with QEWC and Qatar Energy, have secured the Facility E Independent Water and Power Project in Qatar. The project, featuring a 2,400 MW gas-fired power plant and a 495,000 tons/day desalination facility, will employ high-efficiency turbines to reduce emissions and support Qatar's decarbonization goals. It marks Sumitomo's first and Shikoku Electric's second project in Qatar.
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• Power
• PPP
• Water