× SaudiGulf Projects – September 2025 Updates
November 4, 2025
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Home2024December

Month: December 2024

Construction

Dar Global, Trump Organization announces $533.3 million Trump Tower Jeddah

December 18, 2024 SaudiGulf Projects

Dar Global, the London-listed luxury real estate developer, and the Trump Organization announce Trump Tower Jeddah, a SAR 2 billion, 47-floor architectural masterpiece along the …

Oil and Gas

Wood awarded $920 million Contracts in 2024 across the Middle East

December 18, 2024 SaudiGulf Projects

Wood announces that it has secured a record $920 million of strategic wins across the Middle East in 2024. The bumper number of contract wins …

Construction

Retal Urban Development Co awarded $93 million Contract

December 17, 2024 SaudiGulf Projects

Retal Urban Development Company, Saudi Arabia announces signing of a contract to construct residential units in Al-Fursan district located in Riyadh city. The value of …

Construction

Riyadh Development Company, FTG Development to Develop $933.3 million Projects

December 17, 2024 SaudiGulf Projects

Riyadh Development Company (ARDCO) announces the signing of an agreement to establish a real estate investment fund between Riyadh Development Company, the Sports Boulevard Company …

Construction

Diriyah Company awarded $202.2 million contract to China Harbour Engineering Company

December 17, 2024 SaudiGulf Projects

Diriyah Company, the dynamic mixed-use developer behind the transformation of Diriyah, The City of Earth, has awarded a SAR 758.5 Million ($202.2 million) contract to …

Construction

PIF’s Dan Company awards Construction Contract to Al-Tamimi

December 16, 2024 SaudiGulf Projects

Dan Company a PIF company specializing in agritourism, ecotourism, and adventure tourism, announced the signing of a contract with Abdulmohsen Al-Tamimi Contracting Company to develop …

Oil and Gas

ADNOC’s XRG, bp to launch new natural gas platform ‘Arcius Energy’

December 16, 2024 SaudiGulf Projects

XRG and bp announced they have reached financial close and completed the formation of their new joint venture (JV) and international natural gas platform – …

Power

UAE’s Drydocks World in partnership with GE Vernova awarded Ostwind 4 project in Germany

December 16, 2024 SaudiGulf Projects

Drydocks World, in partnership with GE Vernova, has secured a landmark project to build and install Ostwind 4, a two-gigawatt (GW) offshore wind grid connection …

Oil and Gas

ADNOC, EnBW Signs LNG Supply Agreement

December 16, 2024 SaudiGulf Projects

ADNOC announced that it has signed a third Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquefied natural gas (LNG) project, with Germany’s EnBW …

Transport

AD Ports Group inaugurates $845 million CMA Terminals Khalifa Port

December 15, 2024 SaudiGulf Projects

AD Ports Group (ADPORTS:ADX), an enabler of integrated trade, transport and logistics solutions, announced the inauguration of CMA Terminals Khalifa Port, a state-of-the-art, AED 3.1 …

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Mining

Saudi Arabia Announce Qualified Companies for Mining Exploration Program

January 22, 2025

Ministry of Industry and Mineral Resources, Saudi Arabia announces that Six local and international mining companies have qualified to receive enablers in the first wave …

Construction

Saudi’s SEVEN Breaks Ground for SAR 1.3 Billion Entertainment Destination in Almadinah

August 6, 2023

Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Public Investment Fund (PIF), has announced its construction work on its new entertainment destination in …

Power

Elsewedy Electric PSP and GE Vernova Signs Agreement for the first Synchronous Condenser Plants in the Middle East

June 23, 2025

Elsewedy Electric Power Systems Projects (Elsewedy Electric PSP) announce the signing of a key supply agreement with GE Vernova for the first Synchronous Condenser Plants …

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