Lamprell successfully launched the Fred. Olsen Windcarrier Brave Tern, the first wind farm installation vessel of its size to be built in the region.

Saudi Electricity Co (SEC) plans to build a new oil fired power plant in Jeddah over the next four years,  industry sources said.

Siemens has won a major order worth more than U$1 billion for Qurayyah combined cycle power plant (CCPP) in Saudi Arabia which will have an installed capacity of 4 GW.

ABB has won orders worth more than US$250mn from the Saudi Electricity Company (SEC) to construct new substations and reinforce existing ones, to help address the growing demand for electricity.