State oil giant Saudi Aramco has awarded 34 contracts worth a total of $18 billion for the engineering, procurement and construction (EPC) of the Marjan and Berri increment programmes. The company plans to boost the production capacity of the two oilfields by 550,000 barrels per day (bpd) of crude oil and 2.
Virgin Hyperloop One, claimed to be the only hyperloop company in the world to successfully test its hyperloop technology at scale, has announced a development partnership with Saudi Arabia’s Economic City Authority (ECA) to conduct a study to build the world’s longest test and certification hyperloop track, as well as a research and de
Global infrastructure services firm Aecom has been awarded a multi-year contract to provide project management consultancy (PMC) services for Phase One of the ambitious Neom Bay project.
Qiddiya Investment Company (QIC), the entity leading the development of Saudi Arabia’s ambitious entertainment, sports, culture and the arts project near Riyadh, has started the process of building offices on-site as the development of the destination gets under way.
Jacobs, a global provider of technical and construction services, said it has secured a major contract from Sepco Electric Power Construction Corporation to deliver engineering services for Packages 4, 5 and 6 of the King Salman International Complex for Maritime Industries and Services project at Ras Al Khair in Saudi Arabia.
More than 3.5 million people are currently employed in the construction and contracting sector across Saudi Arabia, with expats constituting 85 per cent of the industry’s workforce, reported the Saudi Gazette.
Saudi Arabia’s Diriyah Gate Development Authority (DGDA) will start work on its 7.1 million-sq-m mega development, from November following the approval of three detailed plans for the development of Diriyah by Saudi Crown Prince Mohammed bin Salman.
Alfanar, a leading manufacturer of electrical products and provider of engineering services, said it has signed an agreement with Taqnia Energy, a unit of Saudi Technology Development and Investment Company, for joint collaboration on development of alternative energy and the localisation of energy products.
The Red Sea Development Company (TRSDC), the developer behind one of the world’s most ambitious tourism initiatives in Saudi Arabia, has awarded key contracts for the construction of a management hotel and the residential village for the workers at the proposed destination.
HRH Prince Turki bin Talal bin Abdulaziz, Governor of Asir Province in Saudi Arabia, inaugurated the expansion of Abha International Airport, one of the many projects that are being spearheaded by the kingdom’s General Authority for Civil Aviation (Gaca).
Waste management plan for Riyadh Three Saudi entities – National Waste Management Center, Riyadh Municipality and Saudi Investment Recycling Company (a subsidiary of the Public Investment Fund) – have launched an integrated plan in Riyadh to help improve the collection and recycling of waste in the city as part of Vision 2030 goals.
