A consortium - comprising Korea's Doosan Enerability (formerly Doosan Heavy Industries) and Sepco3, a professional electric ...

Doosan Enerbility has sealed two deals worth $1.5 billion to build combined cycle power plants in Saudi Arabia.

The contract was awarded by the developer consortium of Saudi utility major Acwa Power, Korea Electric Power Corporation (Kepco) and Saudi Electricity Company (SEC) ...

The value of the contract Siemens Energy won is $1.6bn. Siemens Energy will supply six SGT6-9000HL gas turbines, four ...

A consortium consisting of France's TotalEnergies SE and Saudi Arabia's Aljomaih Energy and Water Company (AEW) has signed a 25-year electricity purchase agreement with Saudi Power Procurement Company ...

The Qurayyah plant’s expansion is part of a broader strategy to bolster Saudi Arabia’s energy infrastructure. In November 2024, SPPC signed PPAs for five independent power producer projects totaling 9 ...

The Saudi industry and mineral resources ministry awarded on Tuesday mining exploration licenses to several local and ...

Global ratings agency S&P raised Saudi Arabia's rating to 'A+' from 'A' with a stable outlook on Friday, underpinned by the ...

For years, Saudi Arabia has leaned on advisory firms to drive an expensive overhaul of its economy. But the kingdom’s once ...