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Welcome to our Resource Center, your hub for the latest insights and updates in the MENA region. Explore our collection of blogs, discover funding deals, stay informed on government initiatives, and keep up with key business conferences

Government Initiative in Saudi Arabia

Read about all the government initiative in Saudi Arabia

Saudi Arabia

  •  April 25, 2025

Safeer, a joint venture between TotalEnergies and Zahid Group, signed a Power Purchase Agreement with Golden C ..Read More

Safeer, a joint venture between TotalEnergies and Zahid Group, signed a Power Purchase Agreement with Golden Chicken to install a 5.18 MWp (4.13 MWac) solar power plant at their site in Saudi Arabia. The facility will generate over 13 GWh of renewable electricity annually, reducing CO₂ emissions by 6,710 tons per year. The project features 8,160 PV modules with a solar tracking system to maximize efficiency, supporting Saudi Arabia’s renewable energy and sustainability goals.
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Saudi Arabia

  •  April 25, 2025

Safeer, a joint venture between TotalEnergies and Zahid Group, signed a PPA with Golden Chicken for a 5.18 MWp ..Read More

Safeer, a joint venture between TotalEnergies and Zahid Group, signed a PPA with Golden Chicken for a 5.18 MWp (4.13 MWac) solar power plant in Saudi Arabia. The plant will generate over 13 GWh of clean energy annually and cut 6,710 tons of CO₂ emissions, supporting Golden Chicken’s sustainability goals. Featuring 8,160 PV modules with solar tracking systems, the project aligns with Saudi Arabia’s renewable energy and carbon reduction targets.
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Kuwait

  •  April 25, 2025

SLB has secured multiple significant contracts in the Middle East, including a corporate purchase agreement wi ..Read More

SLB has secured multiple significant contracts in the Middle East, including a corporate purchase agreement with Aramco for drilling fluid chemicals in Saudi Arabia, a joint electric completions campaign with ADNOC in the UAE, and a natural gas discovery in Egypt with ExxonMobil. In Kuwait, SLB is supporting KOC’s Integrated Digital Field project and deploying Hi-Ex™ cement technology to boost production in the Burgan Field. Additionally, SLB is partnering with Shell for Petrel™ software deployment and Dragon Oil for AI-driven optimization.
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Saudi Arabia

  •  April 24, 2025

NMDC Energy PJSC has extended its Long-Term Agreement (LTA) with Aramco, continuing its strategic growth in Sa ..Read More

NMDC Energy PJSC has extended its Long-Term Agreement (LTA) with Aramco, continuing its strategic growth in Saudi Arabia. The LTA covers engineering, procurement, fabrication, installation, and pre-commissioning of offshore facilities in Saudi territorial waters. This extension follows NMDC Energy’s 2016 LTA and the inauguration of an advanced fabrication yard in Ras Al Khair, Saudi Arabia, in early 2025.
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Saudi Arabia

  •  April 24, 2025

Parsons Corporation has been awarded a 25-month PMO services contract by the King Salman Park Foundation for t ..Read More

Parsons Corporation has been awarded a 25-month PMO services contract by the King Salman Park Foundation for the King Salman Park project in Riyadh, Saudi Arabia. The scope includes overseeing design, procurement, construction, and smart city implementation for the 11.6 sq km green space and 10+ sq km built-up area. The project supports Saudi Vision 2030’s “Quality of Life” Program and includes major features like the Royal Arts Complex and The Loop.
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Saudi Arabia

  •  April 24, 2025

Saudi Electricity Company (SEC) has awarded a SAR 897 million (USD 239 million) contract to Al Gihaz Contracti ..Read More

Saudi Electricity Company (SEC) has awarded a SAR 897 million (USD 239 million) contract to Al Gihaz Contracting Company for the construction of the Northern 380kV BSP in Al Ula, Western Province. The project includes a 380/132kV indoor Gas Insulated Substation with key components like 502MVA transformers, GIS systems, reactors, automation, telecom, cybersecurity, and civil/electro-mechanical works. It supports Saudi Arabia’s ongoing power transmission infrastructure expansion.
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Oman

  •  April 22, 2025

Shanghai Electric has signed two major cooperation agreements in the Middle East, marking a significant step i ..Read More

Shanghai Electric has signed two major cooperation agreements in the Middle East, marking a significant step in advancing the region’s energy transformation. The agreements include a 2-gigawatt photovoltaic project with Masdar in Saudi Arabia, which is Shanghai Electric’s largest solar EPC project globally, and a wind power collaboration with Oman’s Mawarid Group. The projects align with Saudi Arabia’s Vision 2030 and Oman’s Vision 2040, promoting localized manufacturing and technology exports while contributing to sustainable energy growth.
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Saudi Arabia

  •  April 22, 2025

Assystem Radicon has signed a contract with Shanghai Electric Group to provide Design and Detail Engineering S ..Read More

Assystem Radicon has signed a contract with Shanghai Electric Group to provide Design and Detail Engineering Services for the Sadawi Round 5 Solar PV Independent Power Plant (IPP). The scope includes engineering for two substations, overhead transmission lines, and modifications to the BSP substation. The 2,000 MW Al Sadawi Solar Project, part of Saudi Arabia's National Renewable Energy Program (NREP), is set to begin commercial operation in Q2 2027. Shanghai Electric had earlier signed a cooperation agreement for the 2GW project with MASDAR in April 2025.
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