× SaudiGulf Projects – September 2025 Updates
November 3, 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

SNC-Lavalin secures Delivery Partner role for NEOM’s THE LINE

February 15, 2023 SaudiGulf Projects

SNC-Lavalin announced in a statement that it has been appointed as a Delivery Partner organization for THE LINE at NEOM in the Kingdom of Saudi …

Hydrogen

Ministry of Industry and Mineral Resources awards first industrial operating license for NEOM Green Hydrogen Company in Oxagon

February 4, 2023 SaudiGulf Projects

The Ministry of Industry and Mineral Resources has issued the first industrial operating license for NEOM Green Hydrogen Company (NGHC) – an equal joint venture …

Construction

Parsons appointed as a delivery partner for NEOM’s THE LINE

February 2, 2023 SaudiGulf Projects

Parsons Corporation announced in a statement that the company was appointed as a delivery partner for THE LINE, the centerpiece project for NEOM – the …

Construction

Yotel announces first hotel in NEOM’s OXAGON

January 24, 2023 SaudiGulf Projects

YOTEL – a global hospitality brand announces its first hotel signing Saudi Arabia. Scheduled to open in 2025, the YOTEL property will also be the …

Construction

Egypt’s ECG to design NEOM’s Oxagon Staff Accommodation Camp

January 4, 2023 SaudiGulf Projects

Egypt-based Engineering Consultants Group (ECG) announced that it has been awarded the design services contract related to NEOM Oxagon Staff Accommodation Camp Project, located in …

Hydrogen

L&T Signed EPC Contract for NEOM’s Green Hydrogen Project

December 22, 2022 SaudiGulf Projects

NEOM Green Hydrogen Company (NGHC), Saudi Arabia announced in a statement that signing took place between its EPC contractor & system integrator Air Products, (and joint …

Finance

NEOM Green Hydrogen Company signs facility agreements

December 21, 2022 SaudiGulf Projects

NEOM Green Hydrogen Company (NGHC), Saudi Arabia announced the signing of facility agreements with local, regional and international banks along-with execution of a commitment letter …

Construction

Saudi BAUER awarded NEOM’s foundation works contracts

December 21, 2022 SaudiGulf Projects

Saudi BAUER Foundation Contractors Ltd, a company of the BAUER Group, was awarded a contract in August for the first specialist foundation engineering project. This …

Construction

NEOM’s OXAGON, Ministry of Industry, MODON signs MOU for Future Factories Program

December 17, 2022 SaudiGulf Projects

Saudi Arabia’s Ministry of Industry and Mineral Resources, under the guidance of His Excellency Bandar bin Ibrahim AlKhorayef, Minister for Industry and Mineral Resources, and …

NEOM

Sungrow and ACWA Power Signed MOU for 536MW Energy Storage System for NEOM

December 13, 2022 SaudiGulf Projects

Sungrow, the global leading inverter and energy storage system solution supplier, and ACWA Power, leading Saudi developer, investor and operator of power generation, water desalination …

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Oil and Gas

KBR Awarded FEED Contract in Oman

November 7, 2024

KBR announced that it has been awarded a front-end engineering design (FEED) contract for the expansion of the Qalhat LNG complex in Sur, Oman. Under …

Power

Dubai planned to build new 400kV Substations

June 30, 2019

Dubai Electricity and Water Authority (DEWA) revealed its future program to build new 400kV Substation over the next three years. As per the report, a …

Water

Saudi Arabia seeks qualified contractor for the site services of future Water Projects

July 7, 2019

Saudi Water Partnership Company (SWPC) seeking expression of interest (EOI) from suitably qualified and experienced Contractors to conduct the Site Studies for various, potential independent water …

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