May 2, 2026
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HomeSaudi Energy

Saudi Energy

Saudi Energy Company (formerly known as Saudi Electricity Company – SEC) plays a vital role by supplying the Kingdom with energy according to the highest reliability standards.

The company is considered the primary source of electricity in the Kingdom.

The major shareholders are the Public Investment Fund (PIF) and Saudi Aramco, holding 74.3% and (6.9%) stake respectively.

https://www.se.com.sa/

Power

Saudi Arabia Announces Winning Bidders for Taiba-1, Taiba-2, Qassim-1, and Qassim-2 Conventional IPPs Projects

October 25, 2023 Mohammad S
The Saudi Power Procurement Company (SPPC) announced the winning bidders for the Taiba-1, Taiba-2, Qassim-1, and Qassim-2 Conventional IPPs projects. These Conventional IPP projects are …
Transport

PIF and SEC Announce the Launch of the Electric Vehicle Infrastructure Company

October 9, 2023 Mohammad S
The Public Investment Fund (PIF) and Saudi Electricity Company (SEC) announced the launch of the Electric Vehicle Infrastructure Company. PIF will own a 75% stake …
Power

NESMA awarded Substation Contracts Worth $213 million in NEOM

October 3, 2023 Mohammad S
Nesma Infrastructure & Technology (NIT), Saudi Arabia has won additional projects with the Saudi Electricity Co. to design, build and commission two transmission substations along …
Power

Saudi’s KEIR International awarded $80.53m Project from Saudi Electricity Company

October 2, 2023 Mohammad S
KEIR International, Saudi Arabia announced that it has awarded two contracts with the National Grid SA Company, a subsidiary of Saudi Electricity Company. The combined …
NEOM

HD Hyundai Electric awarded $50.8m Electrical Equipment Supply Contract for NEOM

September 11, 2023 Mohammad S
HD Hyundai Electric announced in a statement that it has signed a contract with Saudi Arabia’s Al Gihaz Contracting Company to supply electric equipment for …
Power

Al Gihaz awarded $198.3m 380kV Substation in NEOM

August 13, 2023 Mohammad S
Saudi Electricity Company (SEC) awarded the project, Construction of NEOM Mountain 380/132kV Substation. The Project location is in NEOM Saudi Arabia. The Project has been …
Power

AETCON awarded $155 million NEOM’s HVDC Power Transmission Line

August 6, 2023 Mohammad S
Arabian Electrical Transmission Line Contracting (AETCON), Saudi Arabia has secured a contract to construct a high voltage direct current (HVDC) transmission line in Saudi Arabia. …
Power

Hyundai E&C awarded $145 million Saudi HVDC Power Transmission Line

August 1, 2023 Mohammad S
Hyundai Engineering & Construction (Hyundai E&C) has secured a contract to construct a high voltage direct current (HVDC) transmission line in Saudi Arabia. As per …
Power

SEC, Hitachi Energy signs MOU for HVDC Projects

July 17, 2023 Mohammad S
Saudi Electricity Company (SEC) announced in a statement that, under the supervision of the Ministry of Energy, Saudi Electricity Company and Hitachi Energy signed a …
Power

Saudi’s KEIR Co. awarded $44.2m 110kV Cable Contracts

July 17, 2023 Mohammad S
KEIR International Co., Saudi Arabia announced in a statement that it has signed, two contracts for the extension of high-voltage underground cables with National Grid …

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Schlumberger secured a deal of $ 21 million from Bahrain’s Petroleum Company

September 7, 2019
Bahrain’s Tatweer Petrolem W.L.L awarded the project “Drilling and Completion Fluid Services” to Schlumberger Overseas S.A.. The value of Signed Contract is BHD 8.16 million …
PPP

42 firm submits EOI for Riyadh East and Khamis Mushait ISTP

December 19, 2021
Saudi Arabia’s Saudi Water Partnership Company (SWPC) received expression of interest (EOI) for the development of two (2) new ISTPs namely Riyadh East and Khamis Mushait …
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Saudi developer Retal awarded $111.5m Contract

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