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.
Read Less

• Power

SAL Logistics Services and Sela signed an agreement to develop the SAR 4 billion SAL Logistics Zone in Falcons ..Read More

SAL Logistics Services and Sela signed an agreement to develop the SAR 4 billion SAL Logistics Zone in Falcons City, north of Riyadh, covering 1.5 million sqm. Strategically located near King Khalid International Airport, the zone will feature Class A warehouses, scalable storage, and advanced infrastructure to boost Saudi Arabia’s supply chain efficiency and attract global investors. Falcons City, spanning 14.4 million sqm, will integrate logistics, aviation, commercial, and residential sectors, aligning with the National Transport and Logistics Strategy to position Saudi Arabia as a global logistics leader.
Read Less

• Construction

HEISCO Kuwait's Saudi branch has signed a SAR 275.5 million contract with main contractor Enppi for the civil ..Read More

HEISCO Kuwait's Saudi branch has signed a SAR 275.5 million contract with main contractor Enppi for the civil and mechanical works of the Debottleneck Production Facilities project in Abqaiq. The contract, awarded in January 2025, has a duration of 865 days.
Read Less

• Oil & Gas

Saudi Water Partnership Company (SWPC) received a sole proposal from Alkhorayef Water and Power Technologies f ..Read More

Saudi Water Partnership Company (SWPC) received a sole proposal from Alkhorayef Water and Power Technologies for developing a small-scale wastewater treatment plant (SSTP) and a 166 km collection network in Jazan, with a treatment capacity of 74,700 m³/day. The project, set for commercial operation by Q4 2028, will be developed under a 25-year Sewage Treatment and Collection Network Implementation Agreement (STCNIA), with the collection network being handed over to the National Water Company (NWC) after construction.
Read Less

• PPP
• Water

Doosan Enerbility, South Korea, has signed a USD 610.7 million construction contract with Saudi Electricity Co ..Read More

Doosan Enerbility, South Korea, has signed a USD 610.7 million construction contract with Saudi Electricity Company (SEC) for the PP12 Combined Cycle Power Plant, located 150 km northwest of Riyadh. The 1,800 MW plant, part of Saudi Arabia's Vision 2030 to diversify its economy and boost power capacity by 6 GW annually, will utilize efficient gas combined cycle technology. Doosan, in partnership with SEPCO3, will handle design, equipment supply, and commissioning.
Read Less

• Power

SEPCO3 and Doosan Enerability, South Korea, signed the EPC contract with a consortium of ACWA Power, KEPCO, an ..Read More

SEPCO3 and Doosan Enerability, South Korea, signed the EPC contract with a consortium of ACWA Power, KEPCO, and SEC for the Rumah 1 and Nairyah 1 combined cycle power plants in Saudi Arabia. Rumah 1 (1,800 MW) is located 80 km east of Riyadh, and Nairyah 1 (1,800 MW) is 50 km north of Al Nairyah. These projects, part of Saudi Arabia's Vision 2030, aim to meet rising electricity demand, optimize the power grid, and support the country's sustainable development.
Read Less

• Power

Doosan Enerability, South Korea, signed a USD 1.54 billion contract with a consortium of ACWA Power, SEC, and ..Read More

Doosan Enerability, South Korea, signed a USD 1.54 billion contract with a consortium of ACWA Power, SEC, and KEPCO to construct the 1,800 MW gas-fired combined cycle power plants, Rumah 1 (80 km from Riyadh) and Nairyah 1 (470 km northeast of Riyadh), in Saudi Arabia. The project, awarded by SPPC, will be completed by 2028 in collaboration with SEPCO-3, with electricity sold to SPPC for 25 years.
Read Less

• Power

L&T’s Water & Effluent Treatment (WET) business, in partnership with Spain’s Lantania, secured a $500 mill ..Read More

L&T’s Water & Effluent Treatment (WET) business, in partnership with Spain’s Lantania, secured a $500 million contract from ACWA Power to build the Ras Mohaisen Desalination plant in Saudi Arabia with a capacity of 300,000 m³/day. The project includes four water tanks (600,000 m³ total), a 132/33kV substation, and a 30 MW solar PV plant. The plant will supply drinking water to Makkah Al-Mukarramah and Al-Baha regions, benefiting one million people. This is WET’s second recent desalination order in Saudi Arabia, enhancing its Middle East presence.
Read Less

• Water