× SaudiGulf Projects – September 2025 Updates
November 2, 2025
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HomeNEOM

NEOM

Latest NEOM Project News and Updates – Saudi Arabia Vision 2030

NEOM is Saudi Arabia’s flagship giga-project under Vision 2030, designed to revolutionize urban living and sustainable development.

Located in the Tabuk Province, NEOM will encompass smart cities, industrial zones, renewable energy hubs, and tourism destinations like THE LINE, OXAGON, TROJENA, and Sindalah Island.

This page features the latest updates on NEOM’s infrastructure contracts, tender announcements, construction milestones, investment partnerships, and regulatory changes. Stay informed on the companies shaping NEOM—from global consultants to regional contractors—and follow each sector’s progress, including transportation, utilities, and real estate development.

Construction

SPG Steiner awarded storage tanks contract at NEOM

June 28, 2022 SaudiGulf Projects

SPG Steiner GmbH with its local partners MAN Enterprise and Al Majal Al-Arabi Group sign a contract to design and build the worldwide largest Ammonia …

Hydrogen

NEOM’s Green Hydrogen Design awarded to Longitude

June 28, 2022 SaudiGulf Projects

Longitude Engineering, ABL Group’s engineering, advisory, and design arm, has been awarded a contract to provide engineering support to Air Products on the NEOM green …

Construction

FCC Construcción wins one of the tunnel construction contracts for the Saudi NEOM project

June 16, 2022 SaudiGulf Projects

The construction area of the FCC Group announced in a statement that it has won one of the tunnel construction contracts within the Saudi NEOM …

NEOM

NEOM’s ENOWA, ITOCHU and Veolia signs MoU to build first 100% renewable energy-powered desalination plant

June 16, 2022 SaudiGulf Projects

ENOWA, the energy, water, and hydrogen subsidiary of NEOM, announced in a statement that it has signed a Memorandum of Understanding (MoU) with Japanese trading …

Construction

NEOM awards major tunnel contracts

June 13, 2022 SaudiGulf Projects

NEOM, Saudi Arabia awarded drill and blast tunneling contracts for work on the region’s infrastructure, which is considered one of the world’s largest transportation and …

Hydrogen

ACWA Power Announces the signing of $900m EPC contract for the NEOM Green Hydrogen Project

April 4, 2022 SaudiGulf Projects

ACWA Power Company announces the signing of the Limited Notice To Proceed (LNTP) Agreements in relation to the EPC Contract for the NEOM Green Hydrogen …

Hydrogen

NEOM establishes region’s first Hydrogen and Innovation Development Center

April 1, 2022 SaudiGulf Projects

ENOWA, the energy, water and hydrogen subsidiary of NEOM, has established the region’s first Hydrogen and Innovation Development Center (HIDC). Located in NEOM’s advanced manufacturing and …

NEOM

NEOM launches ENOWA, To accelerate the development of energy and water systems

March 22, 2022 SaudiGulf Projects

NEOM announced the launch of its subsidiary company ENOWA, which will lead the development of NEOM’s world-class, sustainable energy and water systems. Work to develop …

Construction

Saudi Arabia announces TROJENA, for mountain tourism in NEOM

March 3, 2022 SaudiGulf Projects

His Royal Highness Mohammed bin Salman, Crown Prince and Chairman of the NEOM Company Board of Directors, announced today the establishment of TROJENA, the new …

NEOM

Al Sharif & KEC JV awarded 380kV OHTL contract in NEOM

February 22, 2022 SaudiGulf Projects

Al Sharif (Saudi Arabia), KEC International (India) JV awarded the project, “Construction of 380kV overhead transmission line (OHTL) between NIC Circle Substation and Duba Green …

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Transport

Saudi’s Mawani and SGP signed a Contract to establish a Fully Integrated Logistics Park

October 21, 2023

The Saudi Ports Authority (Mawani) and Saudi Global Ports (SGP) have inked a deal to build A Fully Logistics Park spanning over 1 million square …

Oil and Gas

Kuwait’s HOT Engineering Company awarded oil flowlines Contract

July 26, 2023

HOT Engineering And Construction Co. (HOTECC), Kuwait announced that it has received an official award letter from Kuwait Oil Company for the Construction of oil …

Power

Saudi Arabia issues RFQ for Round 6 Renewable Energy Projects with Total Capacity 4,500 MW

September 24, 2024

The Saudi Power Procurement Company (SPPC) has released request for qualification (RFQ) for the sixth round of renewable energy projects under the National Renewable Energy Program …

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