Saudi Arabia awards NEM Energy a contract for a 1.3-gigawatt power plant

NEM Energy will supply heat recovery steam generators for a 1.3-gigawatt power plant in Saudi Arabia, expected to enhance the national energy efficiency by 2028.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

NEM Energy, a Netherlands-based company specializing in energy equipment, has been selected to supply critical components for the construction of a new combined-cycle power plant in Saudi Arabia. This project includes the installation of two heat recovery steam generators (HRSGs) and exhaust gas bypass systems designed to improve energy performance and maximize electricity production efficiency.

An ambitious project for Saudi Arabia

This power plant, with a capacity of 1.3 gigawatts (GW), aims to meet the growing demand for electricity while optimizing the use of fossil fuels. It is scheduled to be operational by the end of 2028, marking a significant step in modernizing Saudi Arabia’s electricity grid.

The project is led by Saudi Electricity Company (SEC), a major player in the country’s energy supply. This initiative is part of Saudi Arabia’s strategic efforts to develop a sustainable and reliable energy infrastructure.

Technology and international collaboration

The equipment supplied by NEM Energy is designed to capture residual heat from turbine exhaust gases, enabling highly efficient steam production. This approach strengthens the sustainability of the energy process by reducing thermal losses.

NEM Energy has signed an agreement with Tecnicas Reunidas, a Spanish engineering and construction company, which will play a key role in executing this complex project. This partnership highlights the international expertise mobilized to address the kingdom’s energy challenges.

A strategic lever for Vision 2030

This project aligns with the energy and economic ambitions outlined in Vision 2030, Saudi Arabia’s program for economic diversification. By investing in state-of-the-art infrastructure and collaborating with international partners, the country aims to reinforce its position as an energy leader while reducing its carbon footprint.

The 1.3 GW power plant is a concrete example of initiatives designed to enhance energy efficiency and ensure a stable supply for residential and industrial sectors.

Aramco and Yokogawa have completed the deployment of autonomous artificial intelligence agents in the gas processing unit of Fadhili, reducing energy and chemical consumption while limiting human intervention.
S‑Fuelcell is accelerating the launch of its GFOS platform to provide autonomous power to AI data centres facing grid saturation and a continuous rise in energy demand.
Aramco is reportedly in talks with Commonwealth LNG and Louisiana LNG, according to Reuters, to secure up to 10 mtpa in the “2029 wave” as North America becomes central to global liquefaction growth.
Kyiv signs a gas import deal with Greece and mobilises nearly €2bn to offset production losses caused by Russian strikes, reinforcing a strategic energy partnership ahead of winter.
Blackstone commits $1.2bn to develop Wolf Summit, a 600 MW combined-cycle natural gas plant, marking a first for West Virginia and addressing rising electricity demand across the Mid-Atlantic corridor.
UAE-based ADNOC Gas reports its highest-ever quarterly net income, driven by domestic sales growth and a new quarterly dividend policy valued at $896 million.
Caprock Midstream II invests in more than 90 miles of gas pipelines in Texas and strengthens its leadership with the arrival of Steve Jones, supporting its expansion in the dry gas sector.
Harvest Midstream has completed the acquisition of the Kenai liquefied natural gas terminal, a strategic move to repurpose existing infrastructure and support energy reliability in Southcentral Alaska.
Dana Gas signed a memorandum of understanding with the Syrian Petroleum Company to assess the revival of gas fields, leveraging a legal window opened by temporary sanction easings from European, British and US authorities.
With the commissioning of the Badr-15 well, Egypt reaffirms its commitment to energy security through public investment in gas exploration, amid declining output from its mature fields.
US-based Venture Global has signed a long-term liquefied natural gas (LNG) export agreement with Japan’s Mitsui, covering 1 MTPA over twenty years starting in 2029.
Natural Gas Services Group reported a strong third quarter, supported by fleet expansion and rising demand, leading to an upward revision of its full-year earnings outlook.
The visit of Kazakh President Kassym-Jomart Tokayev to Moscow confirms Russia's intention to consolidate its regional energy alliances, particularly in gas, amid a tense geopolitical and economic environment.
CSV Midstream Solutions launched operations at its Albright facility in the Montney, marking a key milestone in the deployment of Canadian sour gas treatment and sulphur recovery capacity.
Glenfarne has selected Baker Hughes to supply critical equipment for the Alaska LNG project, including a strategic investment, reinforcing the progress of one of the largest gas infrastructure initiatives in the United States.
Gas Liquids Engineering completed the engineering phase of the REEF project, a strategic liquefied gas infrastructure developed by AltaGas and Vopak to boost Canadian exports to Asia.
Kuwait National Petroleum Company aims to boost gas production to meet domestic demand driven by demographic growth and new residential projects.
Chinese group Jinhong Gas finalises a new industrial investment in Spain, marking its first European establishment and strengthening its global strategy in the industrial gas sector.
Appalachia, Permian and Haynesville each reach the scale of a national producer, anchor the United States’ exportable supply and set regional differentials, LNG arbitrage and compliance constraints across the chain, amid capacity ramp-ups and reinforced sanctions.
AltaGas finalises a $460mn equity raise linked to the strategic retention of its stake in the Mountain Valley Pipeline, prompting credit outlook upgrades from S&P and Fitch.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.