Doosan Enerbility, South Korea, has signed contracts worth KRW 340 billion (USD 247.5 million) to supply steam ..Read More

Doosan Enerbility, South Korea, has signed contracts worth KRW 340 billion (USD 247.5 million) to supply steam turbines and generators for Saudi Arabia's Ghazlan 2 and Hajar Expansion gas-fired power plants, each with a capacity of ~2,900 MW. The contracts were awarded by a joint EPC consortium of Spain's Técnicas Reunidas and Egypt's Orascom. Completion is expected by 2028, with Doosan providing four turbines (2x650 MW, 2x540 MW). The deal boosts Doosan’s presence in the Middle East power sector.
Read Less

• Power

Saudi Arabia’s Ministry of Energy, through SPPC and Nabah Renewable Energy Company (owned by ACWA Power, PIF ..Read More

Saudi Arabia’s Ministry of Energy, through SPPC and Nabah Renewable Energy Company (owned by ACWA Power, PIF’s Badeel, and SAPCO), signed a Solar PV Purchase agreement with Larsen & Toubro, Jinko Solar, and Neway Energy (NPT) for the 1,500 MW Al-Khushaybi Project in Qassim Province. The deal mandates 20% of PV panels to be locally manufactured, promoting localization, local content, and national manufacturing capabilities. This aligns with SPPC’s broader renewable energy expansion announced in June 2024.
Read Less

• Manufacturing
• Power

DataVolt, a Saudi Arabian data center firm, signed a $20 billion multi-year partnership with U.S.-based Superm ..Read More

DataVolt, a Saudi Arabian data center firm, signed a $20 billion multi-year partnership with U.S.-based Supermicro to deliver advanced GPU platforms and rack systems for hyperscale AI campuses in Saudi Arabia and the U.S. The collaboration supports green energy goals using gigawatt-class renewable and hydrogen power, while securing a U.S.-made supply chain for AI infrastructure. This move aligns with Saudi Arabia’s ambition to become a global tech hub.
Read Less

• Construction

The Misk Heritage Museum “Asaan” has begun construction in Diriyah, Saudi Arabia, coinciding with Internat ..Read More

The Misk Heritage Museum “Asaan” has begun construction in Diriyah, Saudi Arabia, coinciding with International Museum Day. Spanning 40,000 sq. meters, the museum will feature immersive cultural experiences, a conservation lab, and programs promoting Saudi heritage. Designed by Zaha Hadid Architects, Asaan reflects Najdi architectural style and aligns with Vision 2030 to preserve and celebrate national identity.
Read Less

• Construction

AECOM will continue its partnership with Saudi Arabia’s Ministry of Sport to provide site supervision consul ..Read More

AECOM will continue its partnership with Saudi Arabia’s Ministry of Sport to provide site supervision consultancy for the transformation of King Fahd Sport City in Riyadh, ahead of the AFC Asian Cup 2027 and the 2034 FIFA World Cup™. The project aligns with Saudi Vision 2030, aiming to enhance sports infrastructure and economic growth. AECOM Hunt, with experience from global sports venues like SoFi and Mercedes Benz Stadium, will play a key role in the upgrade.
Read Less

• Construction

GE Vernova Inc. has announced energy initiatives worth up to $14.2 billion to support Saudi Arabia’s power g ..Read More

GE Vernova Inc. has announced energy initiatives worth up to $14.2 billion to support Saudi Arabia’s power generation and grid stability goals under Vision 2030 and its net-zero by 2060 target. This includes $2 billion in backlog or reservation agreements by Q1 2025, MoUs with Saudi Electricity Company, Aramco, ACWA Power, and others for advanced gas turbines, carbon capture, grid solutions, and R&D. GE Vernova also operates a major manufacturing and R&D facility in Dammam with over 850 employees.
Read Less

• Power

Nama Power & Water Procurement Company (PWP), Oman has announced the qualified applicants for the Misfah (1600 ..Read More

Nama Power & Water Procurement Company (PWP), Oman has announced the qualified applicants for the Misfah (1600 MW, OMR 590M) and Duqm (800 MW, OMR 290M) IPP projects, scheduled for commercial operation in Q2 2029. These combined cycle gas turbine plants, totaling 2,400 MW, will be developed under a build-own-operate model with private sector participation. Qualified bidders include firms from Saudi Arabia, South Korea, Japan, Qatar, Singapore, and China.
Read Less

• Power
• PPP

Parsons Corporation (USA) has been awarded two major Delivery Partner contracts by the King Salman Internation ..Read More

Parsons Corporation (USA) has been awarded two major Delivery Partner contracts by the King Salman International Airport Development Company (KSA), owned by the Public Investment Fund. The contracts cover airfield assets (runways, taxiways, control towers) and landside infrastructure (roads, tunnels, rail, utilities) for the upcoming King Salman International Airport in Riyadh. Spanning an initial 4-year phase, the project supports Saudi Vision 2030 and aims to handle 120 million passengers by 2030 and 185 million by 2050 across 6 parallel runways on a 57 km² site.
Read Less

• Construction