Finance
SEC secures $3.5bn financing facilities
Saudi Electricity Company (SEC), the Kingdom of Saudi Arabia’s premier electricity service provider, has announced signing an agreement to obtain a USD-denominated $3 billion International …
Saudi Arabia
Power
Hyundai awarded $96.3m Shoaibah PV 380kV Substation
Saudi Electricity Company (SEC) awards the project, Expansion of Shoaibah PV 380kV Substation. The Project location is in Shoaibah, western region of Saudi Arabia. The …
PPP
SWPC issued RFP for 300km Ras Mohaisen-Baha-Makkah IWTP Project
Saudi Water Partnership Company (SWPC) announced that the RFP for Ras Mohaisen – Baha – Makkah Independent Water Transmission Pipeline Project (IWTP) has been issued …
Construction
Parsons awarded $223m Contracts in Saudi Arabia
Global engineering firm, Parsons announced in a statement as part of Second quarter 2022 results, it has awarded a new contract and increase in Contract …
Construction
Hassan Allam awarded Subcontract of Buraydah 2 ISTP
Hassan Allam Holding announces that its subsidiary Hassan Allam Saudi has been awarded the civil works at the Buraydah 2 Independent Sewage Treatment Plant (ISTP) …
Power
SEC announces Completion of 420km 380kV OHTL Project
Saudi Electricity Projects Development Company, one of Saudi Electricity subsidiaries, has revealed the successful completion of the electrical interconnection project between Al-Qassim and Medina regions …
PPP
Doosan Enerbility awarded $639m Shuaibah 3 IWP Project
Doosan Enerbility, South Korea announced in a statement that it has signed a contract with Shuaibah Three Water Desalination Co., a special purpose company established …
Oil and Gas
Saudi Aramco and Sinopec sign MoU to collaborate on projects in Saudi Arabia
Saudi Arabian Oil Company (Aramco) signed a Memorandum of Understanding (MoU) with China Petroleum & Chemical Corporation (Sinopec) covering multiple areas of potential collaboration between …
Power
Zamil awarded new Contract from SEC
Zamil Air Conditioners announced in a statement that it was recently awarded contracts for the supply and installation of various HVAC systems for the Saudi …
Construction
JCDC signs MoU with Waterise and Ajlan Bros Holding for desalination technology
The Jeddah Central Development Company (JCDC), the master developer of the Jeddah Central Project and a wholly-owned subsidiary of the Public Investment Fund (PIF), has …