Tag: Saudi Energy

Energy, Oil & Gas

Saudi Energy reports Q1 profit up 89pc and revenue up 9.4pc

Saudi Energy Company reported Q1 2026 results with operating revenue rising 9.4 per cent, while improved efficiency boosted net profit by 89.3 per cent to SAR1.8 billion ($480 million), reflecting strong financial performance and operational gains....

Energy, Oil & Gas

Saudi Energy invites bids for Expo 2030 Riyadh substations project

Saudi Energy, a leading electricity producer in the kingdom, has invited bids for a key power infrastructure project as part of Expo 2030 Riyadh development. The scope of work includes setting up of three 132/13.8kV substations along with other work linked to its integration with the national electricity grid. ...

Energy, Oil & Gas

Saudi Energy reports highest-ever operating revenues of $27bn

Saudi Energy reported robust 2025 results, achieving SAR 102.2 billion ($27 billion) in revenues, a 15.3 per cent increase from 2024, demonstrating strong financial and operational performance alongside sustainable earnings growth. ...

Energy, Oil & Gas

Saudi Energy launches bids for 380kV substations, OHTL projects

Saudi Energy (formerly Saudi Electricity Company) has invited bids from leading utility developers and energy project specialists for setting up 380kV substations and associated overhead transmission lines (OHTL) related to upcoming Renewable Energy Projects across Saudi Arabia. ...

Energy, Oil & Gas

Saudi Electricity Company rebrands as Saudi Energy

Saudi Electricity Company has launched its new corporate identity and announced its official rebranding as Saudi Energy (SE), in a move that reflects the company’s expanding role within the Kingdom’s energy ecosystem and aligns with the structural transformation underway in Saudi Arabia's energy sector. ...