Algeria holds talks with Chinese nuclear firm head
30 April 2025
Algerian State Minister and Energy, Mines and Renewable Energies MInister, Mohamed Arkab, met with China National Nuclear Corporation (CNNC) president, Wang Yongge in Algiers on 26 April.
According to a local media report citing a ministry statement, the two reviewed the ongoing cooperation between Algeria's Commissariat for Atomic Energy (Comena) and CNNC, focusing on the peaceful use of nuclear energy, its medical applications, and prospects for future development.
They also assessed the progress of the previously established specialised working group tasked with preparing and launching a radioactive isotopes production project in Algeria.
This project holds strategic importance in supporting the national healthcare sector, particularly in diagnosis and radiation therapy, with a special emphasis on cancer treatment.
MEED understands that Yongge expressed his firm's "readiness" to support Algeria in implementing the radioactive isotope production project.
MEED reported in May 2013 that Algeria was planning to build its first nuclear power plant by 2025 as part of efforts to meet the rapidly growing demand for electricity.
“We plan to have our first nuclear power plant in 2025 and we are in the process of working on this project,” Youcef Yousfi, the country’s Energy and Mines Minister at the time, was quoted in the Algerian state media outlet Algerie Presse Service (APS).
Algeria has uranium reserves of 29,000 tonnes, which is enough to supply two 1,000MW nuclear power plants for 60 years, said Yousfi.
That project has yet to move beyond the planning stage.
Relations between China and Algeria have become increasingly close over recent years.
In November 2023, China’s Chery Automobile Company said it plans to build a car plant in the province of Bordj Bou Arreridj with a preliminary capacity of 24,000 units a year.
In July the same year, President Xi Jinping held talks with Algerian President Abdelmadjid Tebboune and agreed to increase economic cooperation between the two countries.
The two leaders said they would deepen cooperation in sectors including infrastructure, petrochemicals, mining and agriculture.
They also said that they would expand cooperation in high-tech fields including aerospace, nuclear energy and renewable energy to nurture new growth drivers of cooperation.
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QatarEnergy gives North Field West topside bidders more time2 October 2026

QatarEnergy has granted contractors more time to prepare bids for a tender covering the engineering, procurement, construction and installation (EPCI) of large platforms for the North Field gas field in Qatari waters.
Contractors now have until 12 October to submit technical bids for the project, according to sources. Commercial bids are currently due on 10 November.
The following contractors, among others, are understood to be bidding for the North Field West (NFW) production deck modules (PDMs) tender:
- China Offshore Oil Engineering Company (China)
- Larsen & Toubro Energy Hydrocarbon (India)
- McDermott (US)
- Saipem (Italy)
The core scope comprises the EPCI of four PDMs and associated structures. The PDMs will increase gas production from North Field reservoirs and provide additional gas feedstock for the NFW liquefied natural gas (LNG) development.
The tender, issued earlier this year, forms part of the wider NFW project, the third and final phase of the state enterprise’s North Field LNG expansion programme.
The previous deadlines for technical bids were 30 August, 15 September and 28 September, while commercial bids were previously due on 25 October, as MEED reported.
Before issuing the PDMs tender, QatarEnergy awarded US firm McDermott a contract for the EPCI of four offshore jackets that will also support gas feedstock supply for the NFW LNG project. The contract is estimated to be worth about $200m, MEED reported in January.
North Field LNG expansion
QatarEnergy is advancing the three phases of its estimated $40bn North Field LNG expansion project. EPC works on all three projects are progressing.
QatarEnergy is understood to have committed nearly $30bn to the first two phases – North Field East (NFE) and North Field South (NFS) – which will lift Qatar’s LNG production capacity from 77.5 million tonnes a year (t/y) to 126 million t/y by 2028.
QatarEnergy awarded the main EPC contracts for NFE in 2021. The project was intended to raise LNG output to 110 million t/y by 2025. The $13bn EPC package – covering the EPCI of four LNG trains, each with a capacity of 8 million t/y – was awarded in February 2021 to a consortium of Japan’s Chiyoda and France’s Technip Energies.
In May 2023, QatarEnergy awarded the $10bn main EPC contract for NFS to a consortium of Technip Energies and Consolidated Contractors Company (CCC). The contract includes two LNG trains, each with a capacity of 7.8 million t/y.
Once fully operational, the first two phases are expected to add 48 million t/y of LNG supply to the global market.
QatarEnergy took the final investment decision on NFW earlier this year, awarding an EPC contract estimated at $8bn to a joint venture comprising Technip Energies, CCC and Gulf Asia Contracting in February.
Chiyoda carried out the front-end engineering and design work for the NFW LNG project.
The NFW scope covers the EPC of two LNG trains with a combined capacity of 16 million t/y, as well as associated facilities for gas treatment, natural gas liquids recovery and helium extraction.
In addition to LNG, NFW is expected to produce about 175,000 barrels of oil equivalent a day of condensate, ethane and liquefied petroleum gas.
With all three phases under EPC execution – and NFE scheduled for commissioning later this year – QatarEnergy is positioning itself to remain one of the world’s largest LNG suppliers in the long term.
READ THE OCTOBER 2026 MEED BUSINESS REVIEW – click here to view PDFIndustry and logistics drive development at Neom; Saudi Arabia’s investment priorities realign amid conflict; MEED’s 2026 power developer ranking.
Distributed to senior decision-makers in the region and around the world, the October 2026 edition of MEED Business Review includes:
> AGENDA: Oxagon takes centre stage at Neom> MARKET FOCUS: Saudi projects hold steady> INDUSTRY REPORT: MEED’s 2026 GCC power developer ranking> LEADERSHIP: The future city does not need to hang above the groundTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/20208200/main.jpg -
Neom’s industrial pivot gathers pace1 October 2026
Commentary
Colin Foreman
EditorReprioritisation has been the buzzword in Saudi Arabia over the past two years and nowhere has that been more evident than at Neom.
The slowdown of development at The Line and the postponement of the 2029 Asian Winter Games at Trojena have dominated international headlines. As these projects scale back, Oxagon’s industrial and logistics base has become the $500bn gigaproject’s flagship development. There are tangible results: in August, the $8.5bn Neom Green Hydrogen project was commissioned, marking Neom’s most significant completion to date. Construction activity elsewhere at Oxagon supports this trend. The AI data-centre campus being developed by Humain and DataVolt has broken ground on its first 100MW phase, backed by $5bn of investment and targeted for service in 2028. Neom has issued an expression of interest for a rail line linking the Port of Neom to Saudi Arabia Railways’ North-South network, tenders are out for an industrial wastewater plant and the upgrade of Highway 55, and the port itself is advancing towards a 2030 capacity target of 1.5 million TEUs.
The regional conflict that began in February has strengthened the business case by giving Oxagon’s Red Sea port added strategic weight as a second maritime gateway outside the Strait of Hormuz, at a time when Riyadh has committed to directing about 80% of the Public Investment Fund’s portfolio into domestic investment.
These developments reflect a kingdom recalibrating rather than retreating
Elsewhere, Saudi Arabia’s wider projects market is holding steady despite conflict-related disruption, with contract awards reaching $68bn so far this year. The regional power market is also diversifying, with Aljomaih, EDF and Kepco all more than tripling net capacity in recent years as Acwa retains its lead.
These developments reflect a kingdom recalibrating rather than retreating, with priority given to projects capable of delivering commercial returns.
READ THE OCTOBER 2026 MEED BUSINESS REVIEW – click here to view PDFIndustry and logistics drive development at Neom; Saudi Arabia’s investment priorities realign amid conflict; MEED’s 2026 power developer ranking.
Distributed to senior decision-makers in the region and around the world, the October 2026 edition of MEED Business Review includes:
> AGENDA: Oxagon takes centre stage at Neom> MARKET FOCUS: Saudi projects hold steady> INDUSTRY REPORT: MEED’s 2026 GCC power developer ranking> LEADERSHIP: The future city does not need to hang above the groundTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/20178338/main.gif -
Contractor wins Dammam airport water infrastructure deal1 October 2026
Saudi Arabia-based Alkhorayef Water & Power Technologies has won an SR80m ($21.3m) contract to rehabilitate water and wastewater infrastructure at King Fahd International airport in Dammam in the kingdom’s Eastern Province.
The contract was awarded by Dammam Airports Company (DACO), and work is scheduled to be completed within 18 months, the firm said in a disclosure to the Saudi Exchange (Tadawul) on 29 September.
The scope covers the design, construction, supply, installation, replacement, rehabilitation and integration of water and wastewater infrastructure.
It includes pumps, storage tanks and reservoirs, reverse osmosis facilities, piping and tie-ins, as well as electrical and instrumentation works.
The award comes as DACO advances a wider programme of investment at King Fahd International airport.
DACO signed more than SR1.2bn ($320m) in agreements in June covering airport infrastructure, including a new power station, a medium-voltage distribution network and upgrades to the existing electrical grid.
In September, it also appointed WSP Middle East, the regional arm of Canadian engineering firm WSP, to develop the airport’s expansion under its masterplan.
The expansion is intended to increase annual passenger capacity to more than 19.3 million by 2030, with a longer-term target of 32 million passengers.
https://image.digitalinsightresearch.in/uploads/NewsArticle/20169118/main.jpg -
Kuwait tenders LNG project1 October 2026

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State-owned Kuwait Integrated Petroleum Industries Company (Kipic) has tendered a project to develop a reliquefaction unit at the Al-Zour liquefied natural gas (LNG) import terminal.
The project focuses on developing a boil-off gas (BOG) unit at the terminal, with bids due on 22 December.
A meeting for contractors to discuss the project is scheduled for 18 October.
The project scope includes engineering, procurement and construction works, along with pre-commissioning, commissioning and performance testing services.
The list of prequalified companies is:
- Fluor (US)
- GS Engineering & Construction (South Korea)
- Tecnicas Reunidas (Spain)
- Larsen & Toubro (India)
- Hyundai Engineering (South Korea)
- CTCI Corporation (Taiwan)
- Daewoo Engineering & Construction (South Korea)
- Hyundai Engineering & Construction (South Korea)
- Saipem (Italy)
- Samsung Engineering (South Korea)
- Sinopec Engineering (China)
- JGC Holdings (Japan)
- KBR (US)
- China National Petroleum Corporation (China)
- Technip (France)
A BOG unit at an LNG facility captures, compresses and processes natural gas vapours that evaporate from cryogenic storage tanks, enabling the gas to be recycled back into the system rather than flared.
In April, MEED revealed that contractors expected the project to be worth about $200m.
READ THE OCTOBER 2026 MEED BUSINESS REVIEW – click here to view PDFIndustry and logistics drive development at Neom; Saudi Arabia’s investment priorities realign amid conflict; MEED’s 2026 power developer ranking.
Distributed to senior decision-makers in the region and around the world, the October 2026 edition of MEED Business Review includes:
> AGENDA: Oxagon takes centre stage at Neom> MARKET FOCUS: Saudi projects hold steady> INDUSTRY REPORT: MEED’s 2026 GCC power developer ranking> LEADERSHIP: The future city does not need to hang above the groundTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/20168625/main2005.jpg -
Riyadh approaches contractors for 2km tower1 October 2026

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Saudi Arabia’s Public Investment Fund (PIF) has reached out to contractors as part of a market-sounding exercise for the construction of the proposed 2-kilometre megatall tower project.
MEED understands that a PIF subsidiary, the Tower District Real Estate Development Company, is undertaking the process.
It is understood that several experienced international contractors, as well as some prominent local contractors, have been approached.
The latest development follows PIF receiving offers in June last year from firms seeking a contract to provide project management consultancy (PMC) services for a new central business district (CBD) on the outskirts of Riyadh, which includes the proposed 2km tower.
The PMC role covers both the tower and the surrounding district.
Firms understood to have been invited to bid include US-based Aecom, Jacobs, Parsons and Turner, as well as the UK’s Mace.
UK-based Foster & Partners is working as the architect for the tower after winning a design competition launched in late 2022.
Record breaker
The proposed tower would be more than double the height of the world’s tallest building, Dubai’s Burj Khalifa, which stands 828 metres tall. It is expected to be at least several hundred metres taller than the 1,000-metre-plus tower under construction in Jeddah.
Contractors that have priced megatall towers in the region say a 2km-tall structure could cost about $5bn to construct, depending on the final design.
The 2km tower and the surrounding CBD – known as Project Rise – sit within a larger masterplanned development to the north of Riyadh called the North Pole.
MEED’s October 2026 report on Saudi Arabia includes:
> COMMENT: Saudi projects hold steady
> GOVERNMENT: Riyadh looks to reset its regional defence outlook
> ECONOMY: Conflict bolsters case for Saudi economic diversification
> BANKING: Saudi lenders readjust to lower lending and deposit climate
> UPSTREAM: Aramco upstream spending gathers pace
> DOWNSTREAM: Sabic steps up Saudi petchems investment
> POWER: Saudi Arabia’s power award activity slows
> WATER: Saudi water sector hits sharp slowdown
> CONSTRUCTION: Saudi construction defies the headwinds
> TRANSPORT: Saudi infrastructure pushes forward amid conflict
> DATABANK: Saudi data indicates project spending shiftTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/20156496/main.jpg