May 1, 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

Soudah Development and Saudi Electricity Company Signs SAR 1.3 billion Agreement

December 2, 2025 Mohammad S
Soudah Development, Saudi Arabia announces that it has signed an agreement with “National Grid”, a subsidiary of the Saudi Electricity Company (SEC). The value of …
Power

Elsewedy Electric awarded 132kV Cables Project in Saudi Arabia

December 1, 2025 Mohammad S
Elsewedy Electric KSA announces that it has awarded 132kV underground Cables projects with Saudi Electricity Company (SEC). The project location is in Al Ula, Madinah …
Power

Nesma awarded $224 million 230kV Substation Contract

December 1, 2025 Mohammad S
Nesma Infrastructure & Technology, Saudi Arabia announces that it has signed a new Contract related to construction of 230/115/34.5kV Substation with Saudi Electricity Company (SEC). …
Power

TBEA awarded $192 million 380kV Substation Project in Saudi Arabia

November 25, 2025 Mohammad S
TBEA, China announces that it has received notification from Saudi Electricity Company (SEC) that it has successfully won the bid for the Namria 380kV Substation …
Power

Nesma awarded $40 million 380kV OHTL Contract

November 17, 2025 Mohammad S
Nesma Infrastructure & Technology, Saudi Arabia announces that it has signed a new Contract related to 380kV Overhead transmission line Project, with Saudi Electricity Company …
Finance

Saudi Electricity Company Signs $3 Billion Financing Agreements

October 30, 2025 Mohammad S
The Saudi Electricity Company (SEC) announces that it has signed multiple strategic agreements with leading local and international financial and technology institutions, with a total …
Power

SEC and EDF Consortium awarded 600 MW Solar PV Project in Saudi Arabia

October 29, 2025 Mohammad S
EDF power solutions and Saudi Electricity Company (SEC) signed a 25-year Power Purchase Agreement (PPA) with the Saudi Power Procurement Company (SPPC) for the development …
Power

SEC Signs Power Purchase Agreements for 3,356 MW CCGT Power Plants

October 26, 2025 Mohammad S
Saudi Electricity Company (SEC) announces signing of Power Purchase Agreements for 2 large scale CCGT power plants with a combined production capacity of 3,356 MW …
Finance

SEC and ACWA Power Achieve $2.9 Billion Financial Close for Qurayyah CCGT IPP

October 21, 2025 Mohammad S
Saudi Electricity Company “SEC”, ACWA Power Company announces that Hajar Two Electricity Company (the project Company), has achieved financial close of the Qurayyah CCGT IPP …
Power

Danway awarded $69.3 million 132kV Substation Project in Saudi Arabia

October 14, 2025 Mohammad S
Danway Saudi Arabia Contracting Company announces that it has signed a contract with the Saudi Electricity Company (SEC) for “Construction of the New 132/33/13.8kV Hail-2 …

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Oil and Gas

Bahrain awarded $79.6 million contracts for Oil & Gas Maintenance Services

February 24, 2020
Bahrain Petroleum Company (BAPCO) awarded the project “Shutdown and routine maintenance services of Oil & Gas Projects”. The project has been awarded to following five …
Oil and Gas

Vallourec extends its contract with the National Oil Company of Abu Dhabi

June 21, 2024
Vallourec has signed with the National Oil Company of Abu Dhabi a two-year extension to the 2019 contract originally worth c. 900MUSD. This extension will …
Power

Al Shariff submits the lowest bid of $52.7million for Saad Solar PV 380/132kV Substation

November 24, 2020
Saudi Electricity Company (SEC) announces the bid results for construction of Saad Solar PV 380/132kV Substation. The Project location is in Saad, around 85km from …
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  • Sectors
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      • The Red Sea Dev.
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