Saudi Gulf Projects
Established in2015
Located inRiyadh, Saudi Arabia
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Nesr Awarded $200 Million Contracts In Kuwait And OmanNational Energy Services Reunited Corp. (NESR), an international, industry-leading provider of integrated energy services in the Middle East and North Africa (“MENA”) region, announces multiple, five-year Slickline contract awards in Kuwait and Oman.
Totaling US$200 million, the multiyear contracts represent new awards in a key growth service line within NESR’s Drilling & Evaluation (“D&E”) segment.
Consistent with the expansion of evaluation services like Cased Hole Wireline and Surface Well Testing, these contracts underscore the “portfolio pull through” strategy in D&E, whereby leadership in a certain product or service, in one or two countries, is replicated across NESR’s entire MENA footprint, particularly in its burgeoning share of rigless activity.
NESR CEO & Chairman Sherif Foda commented, “These two new entries for NESR Slickline further our MENA leadership position in this demanding evaluation services space. Following our philosophy of expanding Slickline beyond its current stronghold in Saudi and Egypt, we are very pleased to see the segment extend into Oman and Kuwait for the first time, augmenting our already well-established business in these anchor countries. Besides volume, this brings geographic diversification to Slickline and a competitive advantage in being a top three provider of such services in the region.”
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Apr 29, 2025
Saudi Gulf Projects
China Railway Construction Awarded $1.13 Billion Diriyah Utilities ContractDiriyah Company, Saudi Arabia announces that it has awarded a construction contract to relocate the existing utilities and administration offices of King Saud University (KSU) within the Diriyah masterplan.
The value of the contract is $1.13 billion (SAR 4.225 billion) .
The contract has been awarded to a Joint Venture comprising China Railway Construction Corporation Limited Saudi Branch and China Railway Construction Group Central Plain Construction Co. Ltd (CRCCSA & CRCGCPC).
Commenting on the announcement, Diriyah Company Group CEO Jerry Inzerillo said: “We are delighted to announce this major contract to support King Saud University, whose campus adjoins the Diriyah development area. This agreement marks yet another important step in aligning our efforts to advance educational and infrastructural excellence in the Kingdom. We are proud to support one of the Kingdom’s leading academic institutions in delivering enhanced infrastructure services that will benefit both its students and the broader university community.”
Mr. Li ChongYang as Chairman of China Railway Construction International Group Co., added: “We are honored to collaborate with Diriyah Company on this significant and unique development. This contract reflects our commitment to delivering world-class infrastructure with the highest standards of quality and efficiency. We look forward to contributing to the success of this iconic project and supporting the continued growth of King Saud University.”
The overall scope of the contract is for the design, construction and relocation of KSU Utilities & Administration Offices, as well the construction of a district cooling plant; water storage facilities; sewage treatment plant; LPG/SNG plant; diesel transfer pumping station; a utility tunnel; irrigation water storage tanks; office buildings, warehouses, and maintenance workshops.
Within the same area, Diriyah Company is also planning several other assets in the future.
This contract marks the latest in a series of large-scale contract awards by Diriyah Company, as the 14-square-kilometer City of Earth continues to take shape. With this addition, the total value of awarded contracts has now surpassed $2.9 billion since the beginning of 2025.
Backed by the Public Investment Fund, Diriyah is an integrated urban development project that will, once completed, provide homes for almost 100,000 residents, office space for tens of thousands of professionals in the technology, media, arts and education sectors, create an estimated 178,000 jobs, attract almost 50 million annual visits, and contribute approximately USD 18.6 billion (SAR 70 billion) directly to Saudi Arabia’s GDP.
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Apr 29, 2025
Saudi Gulf Projects
Majid Al Futtaim Awards $200.4 Million Construction ContractMajid Al Futtaim, a leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Central Asia, has officially appointed contractor for Plagette 32 and Amara, two landmark residential developments within Tilal Al Ghaf, its flagship lifestyle destination in Dubai.
Majid Al Futtaim awards the contract to United Engineering Construction Company – Dubai (UNEC). The value of the contract is AED 736 million.
UNEC, a multi-award-winning general contracting company with over 40 years of regional expertise, brings a proven track record in delivering high-quality, large-scale projects across the UAE.
The contract encompasses the full scope of works for 148 luxury villas, including their interior fit-out, as well as the shell and core construction of the Beach Club. It also includes in-plot and public realm landscaping, gatehouses, ancillary structures, and shallow infrastructure, ensuring the comprehensive delivery of both developments.
Commenting on the announcement, Ahmed El Shamy, CEO of Majid Al Futtaim Properties said: “Breaking ground on Plagette 32 and Amara marks a significant milestone forward in bringing our vision for Tilal Al Ghaf to life. These developments reflect our unwavering commitment to crafting exceptional, design-led communities that harmoniously blend natural beauty, architectural excellence, and elevated living. The appointment of UNEC as our main contractor reinforces our focus on quality, innovation, and delivering on refined, future-forward homes. We look forward to seeing these residences take shape and to welcoming our residents to a new era of sophisticated living.”
Plagette 32 is one of the exclusive waterfront neighbourhoods within Majid Al Futtaim’s Tilal Al Ghaf, designed to offer residents a refined yet relaxed lifestyle that feels like a permanent escape. It brings together sophisticated architecture and resort-style living, with interiors curated by the acclaimed Bergman Design House, a luxury studio with a portfolio spanning high-end hospitality, residential, and even superyacht projects. Comprising 28 elegant Club Villas and four striking Water Bungalows, each home features private gardens, expansive terraces, and fluid indoor-outdoor spaces that embrace Dubai’s year-round sunshine. At its center, a vibrant Beach Club, in partnership with Sunset Hospitality, will anchor the community with elevated leisure and dining experiences.
Just a short stroll away, Amara offers a distinct take on modern community living. The neighborhood will feature 116 twin villas set around a landscaped central park, where water features and green spaces weave through the development to create a calming, nature-first environment. With a focus on eco-conscious materials, contemporary design, and seamless connectivity between homes and shared spaces, Amara is poised to become a serene, design-forward sanctuary for families and individuals alike.
Engr Abdul Halim Muwahid, Chairman of UNEC, said: “We at United Engineering Construction (UNEC) are proud to be awarded and entrusted with the delivery of two of Dubai’s most anticipated residential developments. Our long-standing expertise in high-quality construction, paired with a deep commitment to excellence, will guide every stage of Plagette 32 and Amara’s development. These projects set a new benchmark for luxury living, and we are honored to play a role in realising Majid Al Futtaim’s bold vision. With a shared focus on quality, innovation, and precision, we look forward to bringing these exceptional communities to life.”
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Apr 28, 2025
Saudi Gulf Projects
Kuwait Awards $161 Million Worth Sabiya Power Plant Maintenance ContractMalaysia’s Tenaga Nasional Bhd (TNB), through its wholly owned subsidiary TNB Repair and Maintenance Sdn Bhd (TNB REMACO), announces that it has awarded a contract from Kuwait’s Ministry of Electricity, Water, and Renewable Energy to provide maintenance services at the Sabiya Power Generation and Water Distillation Plant.
The value of the contract is RM705 million (USD 161.1 million).
Awarded through a joint venture with Kuwait-based Al Dhow Engineering, the seven-year contract encompasses maintenance, repair, and overhaul works at the plant located approximately 65km from Kuwait City.
The facility comprises four oil- and gas-powered units with a combined generation capacity of 299.4 megawatts, playing a vital role in Kuwait’s energy infrastructure.
The contract was formalised at a signing ceremony on March 12, 2025, at the National Bank of Kuwait Head Office. Present at the event were TNB President and CEO Datuk Megat Jalaluddin Megat Hassan, Al Dhow Engineering Chairman Isam Al-Sager, TNB Power Generation Sdn Bhd (TNB Genco) Managing Director and TNB REMACO Chairman Datuk Muhamad Nazri Pazil, and TNB REMACO Managing Director Abidin Sarjo.
Datuk Muhamad Nazri noted that TNB REMACO has established a firm foothold in Kuwait since its market entry in 2013. The company currently oversees 11 active projects in the country with a cumulative value exceeding RM4.54 billion. To date, 16 TNB specialists have been deployed to Kuwait, with six currently managing ongoing operations.
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Apr 25, 2025
Saudi Gulf Projects
Al-Gihaz Awarded $239 Million 380Kv SubstationSaudi Electricity Company (SEC) awarded the project, Construction of Northern 380kV BSP. The Project location is in Al Ula, Western Province of Saudi Arabia.
The Project has been awarded to Al Gihaz Contracting Company Saudi Arabia.  The value of the contract is SAR 897 million (USD 239 million).
Project scope of work includes construction of new indoor 380/132kV Gas Insulated Substation (GIS) named as Northern BSP.
Major equipment includes, 380kV GIS, 132kV GIS, 502MVA Power Transformers, Reactors, Protection & Control System, Substation Automation System, Telecommunication System, Security System, Cyber Security, Civil works and Electro-mechanical works.
Read Also: Al Gihaz awarded $198.3m 380kV Substation in NEOM
Report – Saudi Power Transmission ProjectsÂ
A comprehensive report is available for Saudi Power Transmission Projects which includes the details of Substations, overhead transmission lines and underground cable projects awarded during the year 2024. Also, the report covers expected upcoming Transmission Projects in Saudi Arabia. Please visit Reports Section, for more details.
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Apr 24, 2025
Saudi Gulf Projects
Heisco Awarded $137 Million Sub-Contract For Qurayyah Ipp Expansion ProjectHeavy Engineering Industries & Shipbuilding Co. (HEISCO), Kuwait announced in a statement that its Branch in Saudi Arabia signs the Sub-contract with the Main Contractor, Tecnicas Reunidas Saudia for Services & Contracting Co. Ltd.
The value of the contract is USD 137 million.
As part of the contract, the company will execute the “Civil & Electromechanical Works” for Qurayyah combined cycle gas-fired power plant in the Eastern Province in Saudi Arabia.
Earlier, during March 2025, Orascom and TĂ©cnicas Reunidas JV awarded $2.6 billion 3GW Qurayyah IPP Expansion Project. (read more).
The duration of the Project is 29 months.oil-gas
Apr 21, 2025
Saudi Gulf Projects
Sumou Real Estate Company Awarded $181.1 Million Makkah Gate ProjectSumou Real Estate Company, Saudi Arabia announces that it has awarded the development of Residential Villas in the Makkah Gate project in Makkah city.
The value of the contract is SAR 680 million. The Contract was awarded by National Housing Company.
As part of the contract the company will develop more than 900 Residential villas in Zone (O2) within Makkah Gate project in Makkah City.
Makkah Gate Project:
Strategically located near the main Prince Mohamed bin Salman bin Abdulaziz road leading to Makkah from Jeddah, National Housing company launches the first full-service residential suburb within the border of the Grand Mosque in Makkah.
In this distinctive location, which is an attraction for those looking for their home in the Holy Capital amid a range of integrated facilities and public services to enjoy living in an integrated residential community.
It provides green spaces that contribute to creating spacious spaces that enhance sustainability, according to a lifestyle in which the dwelling harmonizes with the surrounding environment in an ideal harmony that achieves quality of life Living in the suburb of Makkah Gate is a reality that translates aspirations where the multiplicity of facilities and the integration of services in one place, so that residents enjoy the availability of all basic needs and recreational facilities, as children’s schools are steps away from the housing and health, cultural and social centers distributed around the suburb, as well as easy access to the Holy Mosque within 30 minutes.oil-gas
Apr 21, 2025
Saudi Gulf Projects
Alkhorayef Awarded $59.6 Million ContractAlkhorayef Water and Power Technologies Co., Saudi Arabia Announces the awarding of Contract for “Treated Water Reusing from Al Rass Sewage Treatment Plant” with Saudi Irrigation Organization.
The value of the contract is SAR 223.8 million.
As per the contract, the company will undertake the Construction of Treated Water Reuse System for the Transmission and Distribution Water Supplies from Al Rass Sewage Treatment Plant (Phase One) for the irrigation of agricultural areas.
The duration of the contract is 24 Calendar Months.
Read Also: Saudi’s Alkhorayef awarded $57.2 million Contracts in Makkah and Dammamoil-gas
Apr 17, 2025
Saudi Gulf Projects
Diriyah Company Awards Construction Contract Worth $1.4Billion To Build Iconic Royal Diriyah Opera HouseDiriyah Company, Saudi Arabia announces that it has awarded a $1.4 billion (SAR 5.1 billion) construction contract to build the iconic Royal Diriyah Opera House and a number of surrounding assets.
The contract was awarded to a joint venture comprising El Seif Engineering Contracting Co. Ltd., (ESEC), China State Construction Engineering Corporation Ltd. (CSCEC) and Midmac Construction Co. Ltd.
Diriyah Company’s Group CEO Jerry Inzerillo signed the agreement with the three joint venture companies during a signing ceremony held recently to mark this latest milestone on Diriyah’s development journey, including a series of other major project announcements made during the first quarter of 2025.
The Royal Diriyah Opera House will become Diriyah’s flagship performing arts venue and a major architectural landmark, setting new benchmarks for cultural performances in Saudi Arabia. With a capacity of 2,000 people, the main opera auditorium will become the focal point of the venue that will be managed by the Royal Commission for Riyadh City. The venue is capable of accommodating and staging the largest international touring opera, theatrical and musical performances in a unique, intimate and engaging space bringing artists and the audience together.
The Royal Diriyah Opera House will also include a 450-seat studio theater, a shaded rooftop amphitheater with 450 seats and multipurpose halls taking the total seating capacity to 3,100 seats.
The contract also covers the construction of additional assets in the opera house district, including one of Diriyah’s five star hospitality assets and a mixed-use residential complex.
This contract is the latest in a series of major announcements signed in 2025, including:
The Royal Diriyah Opera House was designed by renowned Norwegian architects Snøhetta and will feature a contemporary Najdi aesthetic, using materials such as palm, stone, and earth. The design will prioritize sustainability, incorporating water conservation, natural lighting, strategic building orientation, and thermal comfort measures.
Set to become an international theatrical powerhouse, the Royal Diriyah Opera House will help anchor Diriyah’s place as the Kingdom’s cultural epicenter and a globally competitive destination for the arts, positioning Diriyah as a key player in shaping the future of performance and cultural infrastructure.
Jerry Inzerillo, Group CEO of Diriyah Company, said: “The Royal Diriyah Opera House will be a landmark asset in Diriyah reinforcing Diriyah’s growing global role in shaping Saudi Arabia’s artistic and cultural future, aligned with Vision 2030. This contract demonstrates our progress, building a diverse range of assets across the Diriyah development area. This beautiful, iconic asset will play a vital role in bringing people together in of the world’s greatest gathering places to experience unforgettable performances.”
Khalid Alhazani, Executive Vice President of Riyadh Life Sector, Royal Commission for Riyadh City added: “This agreement marks a major milestone in building this world-class operatic venue. We are excited to have the opportunity to welcome the world’s leading operatic and artistic talent in the future and ensure that the Royal Diriyah Opera House can incubate and empower the wonderful range of homegrown talent we have in the Kingdom.”
Backed by the Public Investment Fund, Diriyah is an integrated urban development project that will, once completed, provide homes for almost 100,000 residents, office space for tens of thousands of professionals in the technology, media, arts and education sectors, create an estimated 178,000 jobs, attract almost 50 million annual visits, and contribute approximately USD 18.6 billion (SAR 70 billion) directly to Saudi Arabia’s GDP.oil-gas
Apr 17, 2025
Saudi Gulf Projects
Uae’S Adnoc Drilling Awarded $1.63 Billion ContractADNOC Drilling Company PJSC, UAE announced that it has received a letter of award for a $1.63 billion, five-year contract for Integrated Drilling Services (IDS) from ADNOC Offshore.
This landmark award reinforces ADNOC Drilling’s unique position within ADNOC Group and as the region’s leading provider of advanced, integrated energy services, reflects the strength of its strategy to expand its fleet, service offerings and capabilities.
The contract covers the provision of directional drilling, drilling fluids, cementing, wireline logging and tubular running services. The award incorporates advanced engineering and technical support for the effective delivery of extended reach and maximum reservoir wells offshore.
Abdulrahman Abdulla Al Seiari, ADNOC Drilling CEO, said: “We are immensely proud to secure this considerable award, which not only validates our strategic direction but also demonstrates the confidence ADNOC Offshore places in our capabilities. Our IDS offering delivers superior value and innovation, enabling us to play a pivotal role in reshaping the future of energy services in the region. This milestone underscores our commitment to operational excellence, and positions ADNOC Drilling as the partner of choice in an increasingly dynamic and complex energy landscape.
“This five-year award is a strong reflection of ADNOC Drilling’s long-term contracting model, which provides revenue visibility and stability over the contract period. It aligns with our disciplined approach to building a resilient business foundation, capable of generating consistent cash flow and supporting sustainable shareholder returns through the cycle.”
Tayba Al Hashemi, ADNOC Offshore CEO, said: “ADNOC Drilling is a key enabler on our accelerated journey to responsibly meet the world’s growing energy needs. This contract gives us access to their cutting-edge capabilities and market-leading end-to-end services, which will maximize efficiency and generate significant value for our shareholders and the UAE.”
This award is a clear endorsement of ADNOC Drilling’s continued commitment to operational excellence, innovation and the adoption of artificial technology (AI) and advanced technologies, underlining its ability to deliver end-to-end solutions that optimize performance while unlocking significant value for its clients. This contract supports the growing Oilfield Services segment, and its economic impact is already included in the current 2025 and 2026 guidance, underpinning the visibility of ADNOC Drilling’s business model and in support for the Company’s financial targets.
As the demand for advanced, high-performance energy solutions increases, the growth of ADNOC Drilling’s IDS portfolio is a cornerstone of the Company’s strategy – enhancing fleet utilization, diversifying revenue streams and accelerating sustainable and long-term growth and returns. The IDS business brings a relatively new and fast-growing revenue stream to ADNOC Drilling, significantly enhancing business resilience and future-proofing the company through the cycles. With its leading market position in IDS in the UAE, ADNOC Drilling is uniquely positioned to capture further growth and deepen its leadership in this high-potential segment.oil-gas
Apr 17, 2025