Boeing Secures $25 million FMS Contract for Saudi Arabia
August 2, 2019 – The Boeing Company has been awarded a $25 million contract modification to continue the Phase I...
Saudi Aramco Awards McDermott Offshore EPCI Contract
August 2, 2019 – McDermott International, Inc. has secured a contract from Saudi Aramco to provide engineering, construction and installation...
Lockheed Martin Awarded $1.5 Billion Modification Contract
July 22, 2019 –Lockheed Martin Corporation has been awarded a modified contract to supply the Kingdom with THAAD Interceptor items...
Saudi Arabia Awards Energy Recovery with Water Projects
July 19, 2019 – Energy Recovery, Inc. has been awarded $5.8 million worth of contracts to supply its PX Q300...
Saudi Aramco Awards McDermott $4.5 Billion Worth of Contracts
July 12, 2019 – McDermott International, Inc. has been awarded two contracts by Saudi Aramco at a value of $4.5...
Saudi Aramco Inaugurates New Research Facility
July 3, 2019 – Saudi Aramco announced the opening of a new research facility at the Dharan Techno Valley in...
Saudi Aramco and Baker Hughes Establish Joint Venture
July 2, 2019 – Backer Hughes, a GE company, has formed a joint venture with Saudi Aramco that will manufacture...
Saudi Arabia Eases Restrictions on Foreign Investors
June 28, 2019 – Saudi Arabia has relaxed a 49 percent limit for foreign strategic investors in shares of listed...
SABIC Launches ‘Sustainability Roadmap’
June 28, 2019 – Saudi Basic Industries Corporation (SABIC) unveiled its sustainability roadmap which outlines ambitious goals related to efficiency,...
Saudi Arabia Reveals Qiddiya ‘Master Plan’
June 28, 2019 – The Qiddiya Investment Company revealed their highly anticipated plans for Qiddiya Entertainment City, a site located...