Terra Drone, the world’s No.1 Drone Service Provider in 2024, has signed an MoU with Aramco to advance drone ..Read More

Terra Drone, the world’s No.1 Drone Service Provider in 2024, has signed an MoU with Aramco to advance drone, robotics, and AI-driven solutions in the oil and gas sector, focusing on safety, efficiency, and localization. The partnership supports R&D, tech piloting, training, and aligns with Saudi Arabia’s economic goals. Following Wa’ed Ventures' investment, Terra Drone established Terra Drone Arabia to localize services, build R&D facilities, and create skilled jobs. The MoU strengthens both firms’ commitment to innovation and Saudi Arabia’s Vision 2030.
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• Oil & Gas

Saudi Railway Company has announced a public tender for Lead Design Consultancy Services for the Saudi Landbri ..Read More

Saudi Railway Company has announced a public tender for Lead Design Consultancy Services for the Saudi Landbridge Railway Network. The consultancy will cover the Concept Design Stage, with an option for the Preliminary and IFC Design Stages. The 2,000km network will connect the Red Sea to the Gulf, linking the logistical zones of Dammam and Jeddah, enhancing trade between Asia, Europe, and the Americas. The bid submission deadline is May 15, 2025.
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• Transport

Larsen & Toubro’s Power Transmission & Distribution (PT&D) vertical has secured major new orders in India an ..Read More

Larsen & Toubro’s Power Transmission & Distribution (PT&D) vertical has secured major new orders in India and overseas. In Saudi Arabia, it will build two 380kV overhead lines spanning over 130 km to support townships near Riyadh. Additional turnkey orders include 132/11kV and 132kV GIS substations in the UAE and Qatar, respectively, and a 765kV GIS and associated transmission line in western India. Ongoing projects in India and Oman also received add-on orders, reflecting strong investment momentum in grid infrastructure.
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• Power

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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• Power

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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• Power

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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• PPP
• Water

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