Global engineering solutions provider Kent has strengthened its footprint in Saudi Arabia after securing long-term agreements and project management consultancy (PMC) contracts with Saudi oil giant Aramco, positioning the company for future brownfield EPC work in the kingdom.
ASMO, the joint venture between Saudi Aramco and DHL, has appointed Nico Schuetz as Chief Executive Officer, effective June 1, 2026.
McDermott, via McDermott Nederland BV, has been selected by Aramco as one of the 11 selected contractors for a Project Management Consultancy (PMC) Long-Term Agreement (LTA) to support delivery of large-scale energy, downstream, petrochemical and low carbon projects across Saudi Arabia.
Korea Electric Power Corporation (Kepco) has announced that it has secured contracts worth $1.4 billion from Saudi oil giant Aramco for the construction and operation of the second phase of the kingdom’s Jafurah cogeneration power plant which, on completion, will boast a 331MW capacity.
Fourteen people were killed when a helicopter operated by Saudi Aramco crashed in Ras Tanura on Sunday (June 28), at approximately 6:00 am, a Saudi Ministry of Energy statement said.
Wood has secured a five-year Long-Term Agreement with Aramco, extendable by three years, to provide engineering, design and project management services for oil, gas, refining, petrochemical and lower-carbon hydrogen projects in Saudi Arabia.
Global automation leader Emerson has announced it will co-develop next-generation corrosion management solutions for Aramco, one of the world’s leading integrated energy and chemicals companies.
SME Bank, Aramco Taleed and fintech firm Manafa have launched new financing solutions for SMEs in Saudi Arabia’s industrial sector and Aramco ecosystem, aiming to improve funding access, liquidity and growth, with opportunities expected to reach SAR1.5 billion ($400 million) over five years.
Emerson has announced a collaboration with Aramco to co-develop next-generation corrosion management solutions for use across the company’s operations. The initiative aims to support more consistent and data-driven approaches to corrosion monitoring.
ASMO, a joint venture between Aramco and DHL, has commenced construction of its first purpose built logistics hub at King Salman Energy Park (SPARK), marking a significant milestone in the development of long term logistics infrastructure supporting Saudi Arabia’s energy and industrial sectors.