× SaudiGulf Projects – September 2025 Updates
November 4, 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.

NEOM

IGY Marinas partners with NEOM’s Sindalah

June 7, 2023 SaudiGulf Projects

IGY Marinas announced that it is partnering with NEOM, the global development taking shape in northwest Saudi Arabia, to develop and operate the prestigious marina …

Construction

Alfanar to invests SAR 10bn in NEOM’s Residential Communities Project

June 6, 2023 SaudiGulf Projects

Alfanar announced in a statement that the company will invests SAR 10 billion in NEOM’s residential communities built using sustainable modular construction methods. As part …

NEOM

Envision Energy awarded 1.67 GW Wind Turbine Contract for NEOM Green Hydrogen Project

June 6, 2023 SaudiGulf Projects

Envision Energy, announced that it has signed a contract to supply 1.67 GW wind turbines for NEOM Green Hydrogen Company, the world’s largest utility-scale hydrogen …

Construction

NEOM awards SAR 21bn Residential Communities Project

June 6, 2023 SaudiGulf Projects

NEOM has announced that it has finalized contracts with investors for the first phase of its residential communities’ expansion, a social infrastructure project that will …

NEOM

LBS Through its JV LBPKSA Announces Power Generation Contract in NEOM

June 6, 2023 SaudiGulf Projects

Louis Berger Services (LBS) through its joint venture of LBPKSA, recently began a power generation contract using Cummins generator technology to help support construction of …

NEOM

L&T announces major milestone for its $2.7bn Project at NEOM

June 1, 2023 SaudiGulf Projects

The Power Transmission & Distribution Business of Larsen & Toubro has achieved important milestones for the Power Elements and Grid packages of the world’s largest …

Construction

Jacobs awarded Lead Design Consultant Contract for Port of NEOM

May 31, 2023 SaudiGulf Projects

Jacobs announced in a statement that it been selected as lead design consultant on the project, Port of NEOM. Jacobs will work alongside subconsultants Moffatt …

NEOM

Hitachi Energy awarded NEOM’s First HVDC Project

May 30, 2023 SaudiGulf Projects

Hitachi Energy, a global technology leader advancing a sustainable energy future for all, has signed agreements under the supervision and management of the Ministry of …

Construction

SIBS receives an order for the delivery of 2 174 apartments to NEOM

May 28, 2023 SaudiGulf Projects

SIBS, one of the world’s leading modular home manufacturers, has been awarded a contract to deliver 2 174 apartments to NEOM, located in northwest Saudi …

Hydrogen

NEOM Green Hydrogen Company announces financial close of $8.4bn for World’s Largest Green Hydrogen Project

May 22, 2023 SaudiGulf Projects

NEOM Green Hydrogen Company (NGHC) announced in a statement that following signing financial documents with 23 local, regional, and international banks, and investment firms, it …

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Oil and Gas

Halliburton Opens First Oilfield Specialty Chemical Manufacturing Reaction Facility in Saudi Arabia

March 2, 2022

Halliburton Company announced the opening of the Halliburton Chemical Reaction Plant – the first of its kind in Saudi Arabia to manufacture a broad range …

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Almar, Jameel Environmental Services Enters Australian Market Acquiring 70% of Aqualyng

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Almar Water Solutions, a global leading business in developing and managing water infrastructure and services, and part of Jameel Environmental Services, has announced its entry …

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DEWA appoints advisors for 120MIGD Hassyan IWP

October 23, 2022

Dubai Electricity & Water Authority P.J.S.C. (DEWA) announces the  appointment of advisors for the 120 million imperial gallons per day (MIGD) Project in Hassyan. DEWA …

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