May 2025 - Page 6 of 10 - SaudiGulf Projects

GE Vernova announces initiatives worth $14.2 billion for Saudi Arabia’s energy transition

May 15, 2025 Mohammad S

GE Vernova Inc. announced initiatives worth up to $14.2 billion for its world class energy equipment technology and services to support power generation and grid …

Maaden and MP Materials Corp Signs MoU to explore rare earth supply chain

May 15, 2025 Mohammad S

Saudi Arabian Mining Company (Maaden) announces that it has signed agreement with MP Materials Corp (MP Materials), the American fully integrated rare earth producer, to …

Penspen awarded FEED Contract in UAE

May 15, 2025 Mohammad S

Penspen announces that it has been awarded the Front-End Engineering Design (FEED) scope for pipelines and piping systems to support a major greenfield NGL fractionation …

Hyundai Motor Manufacturing celebrates groundbreaking milestone in Saudi Arabia

May 15, 2025 Mohammad S

Hyundai Motor Manufacturing Middle East (HMMME), a joint venture between PIF and Hyundai Motor Company, hosted its groundbreaking ceremony in the recently announced King Salman …

Aramco Signs 34 MoUs Worth $90 billion with Major US Companies

May 15, 2025 Mohammad S

Aramco, one of the world’s leading integrated energy and chemicals companies, announced the signing of 34 Memoranda of Understanding (MoUs) and agreements, with a potential …

ACWA Power Signs MOUs Worth $500 million with US Companies

May 14, 2025 Mohammad S

ACWA Power, Saudi Arabia announced the signing of Memorandums of Understanding (MoUs) with US companies, totalling USD 500 million. The MOUs was Signed at the …

Abraj Energy Services Signs Contract with BP Oman

May 14, 2025 Mohammad S

Abraj Energy Services, Oman announces that it has signed a contract with BP Oman to supply a drilling rig in Block 61, with operations expected …

Oman awards $670 million Adam-Haima-Thumrait Road Contracts

May 14, 2025 Mohammad S

The Ministry of Transport, Communications, and Information Technology, Oman announces that it has signed three agreements to implement the third, fourth, and fifth sections of …

Oman awards Construction Contracts for its Largest Copper Concentrate Project in Yanqul

May 14, 2025 Mohammad S

Mazoon Mining, a subsidiary of Minerals Development Oman (MDO), announces that it has successfully secured RO 104 million (USD 270 million) in strategic financing from …

Kapsch TrafficCom awarded Major Tunnel Management Project in Sharjah

May 14, 2025 Mohammad S

Kapsch TrafficCom AG, Austria announces that it has awarded the system implementation and maintenance of five tunnels by Sharjah Roads & Transport Authority (SRTA), Govt, …