Mammoet, a global leader in engineered heavy lift sector, has successfully performed the first e-powered marshalling of a monopile in real-world conditions for the Baltica 2 Offshore Wind Farm project. It was completed in collaboration with Van Oord, and project developers Ørsted and PGE.
GAS Arabian Services has won approval from the company board of directors for the transfer of its entire 50% stake in FS Elliott Services Saudi Arabia to its joint venture FS Elliott Saudi Arabia. Following the deal, GAS will continue to hold an indirect 50% interest in FS Elliott Services Saudi Arabia through its JV.
Saudi-based East Pipes Integrated Company for Industry has announced that it sealed an agreement with global oil major Aramco for the manufacture and supply of steel pipes for use in its key projects in the region. The entire work will be completed within five months.
Saudi-listed Al Ashghal Al Moysra Company has announced that it had been awarded a contract by the Royal Commission for Jubail and Yanbu to provide warehouse operations and management services at the authority’s facilities in Yanbu.
Saudi Arabia Railways has signed agreements with leading international rail companies - Alstom as well as US groups Progress Rail and Greenbrier - for the manufacture and supply of locomotives and freight cars in support of the kingdom's Phosphate 3 expansion project.
Saudi Arabia Railways (SAR) has awarded a major contract to Hitachi Rail for the revamp of the Al Mashaaer Al Muqaddassah Metro Project, thus marking a significant milestone in the ongoing modernisation of railway infrastructure serving the holy sites in the kingdom.
Saudi Arabia has achieved advanced global rankings in indicators related to the Ministry of Commerce in the 2026 IMD World Competitiveness Yearbook.
Global energy technology company SLB has announced that it has secured a major EPC contract from Omani group OQ Exploration & Production (OQEP) for the expansion of the sultanate's Bisat-B Production Facility. The entire project is scheduled for completion within 19 months.
The UAE has recorded significant progress in the 2026 Nuclear Threat Initiative (NTI) Nuclear Security Index, ranking fourth among 48 countries assessed for protecting nuclear facilities against sabotage.
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