Tag Archives: Saudi Arabia

Slick operations in Saudi

The first Volvo Construction Equipment rotating pipelayer to get to work in Saudi Arabia is helping to build a pipeline extension through the vast Khurais oilfield. Saudi Arabia is home to the world’s second largest oil reserves, spread over approximately 100 major oil and gas fields. The Khurais Megaproject is …

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Saudi Arabia’s long-term projects market robust, with $55bn forecast to be awarded in 2014

MEED’s Saudi Mega Transport & Infrastructure Projects conference to detail challenges and opportunities in kingdom’s transportation and infrastructure sectors Riyadh, Saudi Arabia; 09 September 2014 – Saudi Arabia is set to remain the Middle East’s largest projects market for the foreseeable future as the kingdom focuses on job creation and …

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Saudi Public Investment Fund Ready for Major Housing Project

Work will soon begin on a major residential construction project. The project, which comes from the Saudi Arabian Ministry of Finance’s Public Investment Fund (PIF) will see around SAR55 billion (approx. £8.5 billion) worth of funds pumped into the building of homes in Madinah. According to local source Al-Madinha Daily, …

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