Parsons Corporation has been awarded a $53 million, three-year contract by the Royal Commission for Riyadh Cit ..Read More

Parsons Corporation has been awarded a $53 million, three-year contract by the Royal Commission for Riyadh City (RCRC) to provide program management office (PMO) services for the Main and Ring Roads Program. The project involves approximately 500 km of new and improved road corridors in Riyadh, aiming to reduce congestion and enhance connectivity in preparation for global events like Expo 2030 and the FIFA World Cup 2034. The contract reflects Parsons' long-standing partnership with RCRC on major infrastructure projects in the city.
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• Construction

Riyadh Cables Group has been awarded a contract by DEWA to supply, install, test, and commission 132kV cable w ..Read More

Riyadh Cables Group has been awarded a contract by DEWA to supply, install, test, and commission 132kV cable works for the Maktoumi and Sukkari substations, covering a 41km route with 246km of cables. The 27-month project aims to enhance power connectivity in Dubai's Jabal Ali Palm area, reflecting DEWA's trust in the company's expertise and commitment to sustainable energy infrastructure.
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• Power

EDF Renewables Middle East and SPIC Huanghe Hydropower signed a Power Purchase Agreement with Saudi Power Proc ..Read More

EDF Renewables Middle East and SPIC Huanghe Hydropower signed a Power Purchase Agreement with Saudi Power Procurement Company to develop two solar IPP projects in Saudi Arabia: the 1,000 MW Al-Masaa IPP in Hail and the 400 MW Al-Henakiyah 2 IPP in Madinah. Together, the projects will power 240,000 homes annually, reduce CO₂ emissions by 2.7 million tons, and support Saudi Arabia’s renewable energy goals.
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• Power
• PPP

The Saudi Power Procurement Company (SPPC) signed Power Purchase Agreements (PPAs) for three solar IPPs under ..Read More

The Saudi Power Procurement Company (SPPC) signed Power Purchase Agreements (PPAs) for three solar IPPs under the National Renewable Energy Program (NREP). These include the Al-Masaa (1,000 MW) and Al Henakiyah 2 (400 MW) projects with SPIC Huanghe Hydropower and EDF Renouvelables, and the Rabigh 2 (300 MW) project with Al Jomaih Energy and TotalEnergies. The projects aim to support Saudi Arabia's goal of sourcing 50% of its electricity from renewables by 2030.
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• Power
• PPP

Veolia has signed a memorandum of understanding with the Saudi Investment Recycling Company (SIRC) during a st ..Read More

Veolia has signed a memorandum of understanding with the Saudi Investment Recycling Company (SIRC) during a state visit by French President Emmanuel Macron. The partnership aims to enhance waste treatment capacities in Saudi Arabia, focusing on organic, industrial, and hazardous waste. By 2027, the collaboration seeks to create a national and regional leader in waste management, supporting Saudi Arabia's Vision 2030 program. Veolia plans to boost its turnover in the Middle East by 50% by 2030, leveraging its expertise in water, energy, and waste sectors.
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• Construction

SUEZ and the Saudi Investment Recycling Company (SIRC) have announced a new Framework Strategic Partnership to ..Read More

SUEZ and the Saudi Investment Recycling Company (SIRC) have announced a new Framework Strategic Partnership to accelerate waste management and circular economy initiatives in Saudi Arabia. The partnership will focus on developing waste-to-energy infrastructures and providing advanced solutions for municipal, medical, and hazardous waste. Additionally, it includes decarbonization efforts such as biochar production, supporting Saudi Arabia's Vision 2030 goals for a sustainable, low-carbon economy.
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• Construction

Microsoft has completed construction on all three Azure availability zones in Saudi Arabia's Eastern Province, ..Read More

Microsoft has completed construction on all three Azure availability zones in Saudi Arabia's Eastern Province, with availability expected in 2026. This new datacenter region will support government and private sector organizations in the Kingdom, providing enterprise-grade cloud services to drive innovation, AI adoption, and economic growth in alignment with Saudi Vision 2030. The initiative also includes training programs to develop AI skills among Saudi nationals.
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• Construction

Aramco has partnered with Linde and SLB to develop a Carbon Capture and Storage (CCS) hub in Jubail, Saudi Ara ..Read More

Aramco has partnered with Linde and SLB to develop a Carbon Capture and Storage (CCS) hub in Jubail, Saudi Arabia, with Aramco holding a 60% equity stake. Phase one, set for completion by 2027, aims to capture and store up to 9 million metric tons of CO2 annually, supporting Aramco's net-zero Scope 1 and 2 emissions goal by 2050 and the Kingdom's 2060 net-zero target. The project highlights global collaboration in advancing decarbonization and lower-carbon energy solutions.
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• Oil & Gas