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Saudi Arabia News and Analysis

News

National Water Company signs sewage deal with Maaden

National Water Company to supply TSE to Waad al-Shamal

29 September 2014 | By Andrew Roscoe

Water company will supply 125,000 cubic metres a day of treated effluent

Saudi Aramco has invited nine groups to submit bids by 26 October for the contract to build 11 stadiums

Aramco tenders construction work for stadiums Subscription Required

29 September 2014 | By Colin Foreman

Oil major invites bids by 26 October

Pipes

Saudi Arabia awards water pipeline contracts Subscription Required

28 September 2014 | By Andrew Roscoe

Pipelines are part of new city feeder plan for Riyadh

Saudi oil production

Saipem and CCC favourites for Aramco’s $3bn Khurais expansion Subscription Required

24 September 2014 | By Kevin Baxter

Italian and Athens-based contractors in front for main processing facilities and pipeline contracts

Saudi gas consumption

Sepco favourites for $1bn Aramco gas deal Subscription Required

24 September 2014 | By Kevin Baxter

Chinese contractor expected to be awarded compressors contract after close-run bid round

Aramco stadium programme to cost $4.4bn

Aramco stadium programme to cost $4.4bn Subscription Required

23 September 2014 | By Colin Foreman

Programme said to be growing in scope

gas compressor

Tecnicas Reunidas and Sepco frontrunners for $1bn gas contract Subscription Required

22 September 2014 | By Kevin Baxter

Spanish and Chinese contractors are lowest bidders for Aramco’s booster gas compressor stations

Riyadh is investing in developing centres of excellence such as King Abdullah University for Science & Technology

Riyadh puts people at heart of economic development

17 September 2014 | By Richard Thompson

Economy & Planning Minister calls for international business to provide training and knowledge transfer

Saudi training

Saudi Arabia to open 27 vocational training centres

17 September 2014 | By Kevin Baxter

New facilities will offer advanced training to locals looking to enter the construction sector

Saudi road accident deaths and Saudi road projects

Jeddah driving $12bn transport masterplan

17 September 2014 | By Kevin Baxter

Saudi Arabia’s second-largest city is developing a comprehensive integrated transport network to modernise the city and improve road safety

football stadium

Aramco tenders project management for stadiums Subscription Required

16 September 2014 | By Colin Foreman

Construction contracts to be tendered in November

Riyadh construction

Contractors need to learn how to say no to succeed in Saudi Subscription Required

16 September 2014 | By Kevin Baxter

Construction expert says key to success is sticking to core business in the kingdom

Saudi project awards

Saudi construction sector still challenging Subscription Required

16 September 2014 | By Kevin Baxter

Huge rise in megaprojects is putting enormous strain on resources

Metro

Non-oil sectors driving Saudi growth Subscription Required

16 September 2014 | By Kevin Baxter

About 37 per cent of projects under execution are in the transport sector

Riyadh

Riyadh's reserves offset risk from falling oil prices Subscription Required

16 September 2014 | By Richard Thompson

NCB chief economist Said al-Shaikh says Saudi Arabia is better placed than in the past to manage the risk from oil price drops

Refinery

Saudi Arabia tenders Ras Tanura clean fuels and aromatics Subscription Required

16 September 2014 | By Kevin Baxter

Ten contractors prequalified to bid for downstream scheme in kingdom’s Eastern Province

Aramco crude exports

Saudi Aramco planning to increase Manifa capacity Subscription Required

16 September 2014 | By Kevin Baxter

Scheme to potentially ramp up offshore field in very early stages

Saudi and Bahrain causeways

Firms prepare bids for Saudi-Bahrain causeway Subscription Required

15 September 2014 | By Colin Foreman

Marine works involve building a new island

A refinery in central Vietnam

Saudi Aramco mulls plans to develop Vietnam refinery Subscription Required

14 September 2014 | By Kevin Baxter

Local sources claim new joint venture scheme could have a budget as high as $22bn

Maaden is expected to make a decision by the end of September on the last two remaining technical packages for its $7bn phosphates city at Waad al-Shamal

Maaden to award remaining Waad al-Shamal packages Subscription Required

9 September 2014 | By Kevin Baxter

Two contracts still under evaluation after initial bids were too high

Analysis

Industry

GCC hits slump in non-oil industrial spending Subscription Required

1 October 2014 | By Mark Watts

Contract spending on industrial projects has dropped for four years with only $1.5bn awarded to date in 2014

GCC oil and gas awards

GCC oil and gas spend hits long-term high in 2014 Subscription Required

16 September 2014 | By Mark Watts

Six-country bloc has invested $29bn to date driven by resurgence in Kuwait projects

Percentage of infected computers

The continued challenge of keeping assets secure Subscription Required

10 September 2014 | By Kevin Baxter

More money is being spent on protecting the region’s industrial plants

Power

Saudi Electricity Company awards $2.9bn of contracts Subscription Required

21 August 2014 | By Andrew Roscoe

State utility has already awarded more transmission contracts in the second quarter than for whole of 2013

Risk ratings in the Middle East and North Africa

Navigating regional political and security risk Subscription Required

17 August 2014 | By Rebecca Spong

Investors face a widening and complex web of risks in the Middle East and North Africa region

Top 100 projects, Q2 2014

Top 100 projects index dips Subscription Required

14 August 2014 | By Robert Jones

Small fall in the total value of the Middle East’s biggest projects, but further pressure expected due to fighting in Iraq

Oil production

Saudi oil revenues expected to top $300bn Subscription Required

11 August 2014 | By Kevin Baxter

Strong oil prices coupled with sustained high production leads to upwards revision in forecast

Comment

Construction workers

Solving the Saudi labour crisis

18 September 2014 | By Kevin Baxter

Compromise is needed from both sides to achieve this difficult mission

Fertiliser production facility

Fertiliser industry facing tough times

18 September 2014 | By Mark Watts

Global overcapacity could mean lower margins for expanding GCC industry

Yanbu petrochemicals

The expansion challenge for Farabi

11 September 2014 | By Kevin Baxter

Building a petrochemicals plant is always difficult, but Farabi faces doing so without state ownership

Gas drilling

Aramco's essential tight gas drive

4 September 2014 | By Kevin Baxter

Domestic consumption means that every source of the resource is needed

Gasification_xl

The real work now starts for Jizan

1 September 2014 | By Kevin Baxter

Riyadh needs to ensure region is an attractive proposition to investors

non-conventional gas

Aramco's $40bn plans could be tip of iceberg

28 August 2014 | By Kevin Baxter

The development of non-conventional gas and maintaining upstream assets will not be cheap

Riyadh

Tadawul access a positive sign Subscription Required

24 July 2014 | By Rebecca Spong

The region is set to become more appealing to international entities as Riyadh opens up its stock exchange to foreign investors

Riyadh

Foreign access to Tadawul positive for region Subscription Required

22 July 2014 | By Rebecca Spong

Gulf region will become more appealing to international investors

Banking

Saudi banks look to new markets Subscription Required

17 July 2014 | By Rebecca Spong

Strong competition and tight margins are driving the kingdom’s lenders to explore new markets

Drilling

Shale gas faces a tight fight Subscription Required

17 July 2014 | By Kevin Baxter

As Saudi Aramco further invests in exploiting tight gas reserves, shale gas is being put on the back burner

Aramco: Investing in future development

Saudi Aramco takes the lead in development Subscription Required

17 July 2014 | By Kevin Baxter

Since its formation, it has led development in the kingdom, stepping beyond the remit of its core business. Today, it shows no signs of slowing down

Refinery

Case grows for subsidy cuts in Saudi Arabia Subscription Required

10 July 2014 | By Kevin Baxter

If fuel subsidies are curbed and domestic consumption slows down, Aramco can use the new capacity it is building for exports

Renewable energy

Saudi Arabia renewables plans falter Subscription Required

10 July 2014 | By Andrew Roscoe

The future of King Abdullah City for Atomic and Renewable Energy is not clear

Mining

Maaden’s new funding source Subscription Required

3 July 2014 | By Rebecca Spong

The involvement of foreign banks in a $5bn financing for the phosphates city project opens up new funding options for the mining company

Construction

Contractors await market revival Subscription Required

19 June 2014 | By Andrew Roscoe

Construction contract awards for the first half of 2014 are 66 per cent down on the same period in 2013

Gasification

Aramco enjoys success at Jizan Subscription Required

12 June 2014

The firm has managed to trim $3bn off the Jizan plant’s tender prices, with construction now under way

Offshore oil

Saudi Aramco takes a breather Subscription Required

5 June 2014

Last year was comparatively quiet for the oil giant as it consolidated its position and made plans for the future

Aviation

Airport projects make progress Subscription Required

29 May 2014

Governments across the GCC are ramping up aviation infrastructure, with Saudi Arabia, Qatar and the UAE all making significant strides

Saudi Arabia

High government spending justified Subscription Required

22 May 2014

Riyadh’s budgeted spending in 2014 reaches new highs and will address the need for social infrastructure

Oil

Firms line up for offshore work Subscription Required

15 May 2014 | By Kevin Baxter

It is clear the next five years will be a busy time for offshore contractors, and a highly competitive bidding process is expected to follow

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