Nuclear project may feature in Trump’s Riyadh visit
10 March 2025

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Saudi Arabia's civilian nuclear power plant project may feature in the planned visit of US President Donald Trump to Riyadh within the next six weeks, industry sources tell MEED.
"I think the main agenda will be Russia, Ukraine and Middle East peace, but energy cooperation – such as the nuclear industry – could also be discussed," one source says.
Trump has said he will likely visit Saudi Arabia on his first overseas trip within the next month and a half, as he did during his first term of office.
Trump's first overseas trip of his first term was to Riyadh in 2017, to announce Saudi investments estimated at the time to be worth $350bn.
His next visit is contingent upon the signing of deals with Riyadh for investments of more than $1tn in the US economy, according to reports.
"I doubt whether the [Saudi] nuclear programme will be on the agenda, but one never knows," says another source familiar with Saudi Arabia's nuclear power plant project. "[Trump] may use the nuclear [project] as a deviation from the main agenda of the talks."
Saudi Arabia is hosting talks between top US and Ukrainian diplomats this week regarding the potential of peace between Moscow and Kyiv.
Duwaiheen nuclear power plant
Saudi Arabia restarted procurement proceedings for its first large-scale nuclear power plant project in Duwaiheen in 2022.
The bid deadline for the main contract to build the project, which will be located close to the border with Qatar, has been extended several times.
The ongoing conflict between Israel, Gaza and other neighbouring countries appears to have contributed to the extended procurement timeline of the Duwaiheen nuclear plant project.
It is understood that Riyadh is using its nuclear power plant project, along with its plan to enrich uranium sources as part of its industrial strategy, as a bargaining chip with the US government. The White House is pushing for the normalisation of relations between Israel and Saudi Arabia and is opposed to uranium enrichment.
A month before the latest conflict between Israel and Hamas started, it was reported that senior Palestinian officials were in Riyadh for talks with senior Saudi and US officials. According to a BBC report in September 2023, the Palestinians were negotiating for hundreds of millions of dollars and more control of land in the occupied West Bank in the event of a three-way deal between Israel, Saudi Arabia and the US.
On 14 October 2023, Saudi Arabia suspended the talks on potentially normalising ties with Israel, which it has never officially recognised as an independent state.
Westinghouse-Kepco dispute resolution
In January, US-headquartered Westinghouse Electric Company resolved its long-running intellectual property dispute with Korea Electric Power Corporation (Kepco) and Korea Hydro & Nuclear Power Company (KHNP).
Westinghouse initiated legal action in the US in 2022 to block Kepco and KHNP from distributing without permission nuclear technology for which it claimed ownership rights.
Westinghouse’s argument was based on the claim that the Korean nuclear reactor model APR1400 relied on the firm's original design and technology, and that the two South Korean companies should be responsible for any damages resulting from the export of APR1400-modelled nuclear reactors.
In response, KHNP filed countersuits in the US to compel Westinghouse to withdraw the case, while simultaneously seeking an out-of-court resolution.
KHNP asserted that it possessed the necessary licences to use the technology, enabling the firm to export it without Westinghouse’s permission. KHNP argued that it should not be held accountable for royalty payments.
Both Kepco and Westinghouse expressed interest in developing Saudi Arabia’s first large-scale nuclear power plant in Duwaiheen, although Westinghouse has since dropped out of the race, according to sources.
READ THE MARCH MEED BUSINESS REVIEW – clck here to view PDF
Chinese contractors win record market share; Cairo grapples with political and fiscal challenges; Stronger upstream project spending beckons in 2025
Distributed to senior decision-makers in the region and around the world, the March 2025 edition of MEED Business Review includes:
|
> AGENDA 1: Chinese firms dominate region’s projects market
> AGENDA 2: China construction at pivotal juncture
> UPSTREAM 1: Offshore oil and gas sees steady capex
> UPSTREAM 2: Saudi Arabia to retain upstream dominance
> DIRIYAH: Diriyah CEO sets the record straight
> SAUDI POWER: Saudi power projects hit record high
> AUTOMOTIVE: Saudi Arabia gears up to lead Gulf’s automotive sector
> EGYPT: Egypt battles structural issues
> GULF PROJECTS INDEX: Gulf hits six-month growth streak
> CONTRACT AWARDS: High-value deals signed in power and industrial sectors
> ECONOMIC DATA: Data drives regional projects
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Dubai seeks contractors for Metro Gold Line20 May 2026
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Iraq oil exports drop by 89% in April20 May 2026
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Dubai seeks contractors for Metro Gold Line20 May 2026

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Dubai's Roads & Transport Authority (RTA) has invited contractors to express interest in a contract to build the new Gold Line, as part of its expansion of the Dubai Metro network.
The notice was issued in mid-May with a submission deadline of 13 June.
Dubai officially announced the launch of the new Gold Line in April.
In a post on social media site X, Sheikh Mohammed Bin Rashid Al-Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, said the project will cost about AED34bn ($9.2bn).
The Gold Line will increase the total length of the Dubai Metro network by 35%.
The project is scheduled for completion in September 2032.
The Gold Line will be a fully underground network covering more than 42 kilometres, with 18 stations.
It will pass through 15 areas in Dubai, benefiting 1.5 million residents.
The project is expected to provide connectivity to over 55 under-construction real estate development projects.
The Gold Line will start at Al-Ghubaiba in Bur Dubai and end at Jumeirah Golf Estates.
It will be connected to Dubai Metro’s existing Red and Green lines and will integrate with the Etihad Rail passenger line.
The contractor will be responsible for the design and build of all civil works, electromechanical equipment, rolling stock and rail systems.
The selected contractor will also be required to assist in the systems maintenance and operations during an initial three-year period.
In October last year, MEED exclusively reported that the RTA had selected US-based engineering firm Aecom to provide consultancy services for the Dubai Metro Gold Line project.
Stage one covers concept design, stage two covers preliminary design, stage three covers the preparation of tender documents, stage four encompasses construction supervision and stage five covers the defects and liability period.
MEED’s May 2026 report on the UAE includes:
> COMMENT: Conflict tests UAE diversification
> GVT &: ECONOMY: UAE economy absorbs multi-sector shock
> BANKING: UAE banks ready to weather the storm
> ATTACKS: UAE counts energy infrastructure costs
> UPSTREAM: Adnoc builds long-term oil and gas production potential
> DOWNSTREAM: Adnoc Gas to rally UAE downstream project spending
> POWER: Large-scale IPPs drive UAE power market
> WATER: UAE water investment broadens beyond desalination
> CONSTRUCTION: War casts shadow over UAE construction boom
> TRANSPORT: UAE rail momentum grows as trade routes face strainTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/16919605/main.png -
Iraq oil exports drop by 89% in April20 May 2026
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Iraq exported 10 million barrels of crude in April, an 89% drop compared to the 93 million barrels that were exported the month before the Iran conflict, according to the country’s new Oil Minister, Basim Mohammed Khudair.
Oil exports generated just over $1bn in April, down from $6bn in February, according to a separate statement from the ministry.
The decline in export volumes and revenues is due to the disruption to shipping through the Strait of Hormuz in the wake of the US and Israel’s war with Iran, which started on 28 February.
The country is exporting crude by sea through the Strait of Hormuz, as well as from Kirkuk through the Iraq-Turkiye Pipeline (ITP).
Iraq has plans to increase flows through the ITP to 500,000 barrels a day (b/d), according to Khudair.
The minister said an increase in crude output from the north of the country depends on the return of global oil companies to the Kurdistan region.
“The government is treating the energy file in the Kurdistan region as a priority,” he said.
Many international companies in the Iraqi Kurdistan region suspended their operations in the wake of the US and Isreal attacking Iran on 28 February.
Khudair said Iraq is currently producing a total of 1.4 million b/d of crude.
READ THE MAY 2026 MEED BUSINESS REVIEW – click here to view PDFGlobal energy sector forced to recalibrate; Conflict hits debt issuance and listings activity; UAE’s non-oil sector faces unclear recovery period amid disruption.
Distributed to senior decision-makers in the region and around the world, the May 2026 edition of MEED Business Review includes:
> REGIONAL LNG: War undermines business case for Middle East LNG> CAPITAL MARKETS: Damage avoidance frames debt issuance> MARKET FOCUS: Conflict tests UAE diversificationTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/16913742/main.jpg -
Iraq risks defaulting on payments for $10bn oil project20 May 2026

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Iraq’s state-owned upstream operator Basra Oil Company (BOC) risks defaulting on payments for the $27bn Gas Growth Integrated Project (GGIP) due to fallout from the US and Israel’s war with Iran.
Phase one of the GGIP is expected to be worth about $10bn and BOC holds a 30% stake in the project, while its partners France’s TotalEnergies and QatarEnergy hold 45% and 25%, respectively.
The consortium formalised the investment agreement with the Iraqi government in September 2021.
As part of the investment agreement, BOC was expected to make payments to fund the development of the project and the money from these payments was expected to come from oil revenues.
Due to disruption to the shipping of oil via the Strait of Hormuz in the wake of the US and Israel’s war on Iran, which started on 28 February, BOC’s revenues from oil have declined significantly, impacting the company’s ability to provide funds for the project.
BOC could default on payments for the project within four to six months if disruption to shipping through the Strait of Hormuz continues, according to industry sources.
BOC has already informed TotalEnergies and QatarEnergy that it is going though liquidity problems because it is unable to export normal volumes of oil, sources said.
When contacted about the project’s financial issues, TotalEnergies referred MEED to comments made by the company’s chief executive Patrick Pouyanne on 29 April.
He said: “We have maintained a team in Iraq, in Basra, of 20 TotalEnergies’ staff, who are supervising the progress of the GGIP projects on the ground, with around 5,000 workers there.”
He added: “This conflict immediately has some impact on TotalEnergies' operations. And we have been, by the way, very transparent, since day one, to disclose all the impacts on our activities.”
TotalEnergies declined to answer questions about potential changes to the schedule for the GGIP and whether there are alternative plans in place that provide for a situation where BOC could not deliver agreed funds.
GGIP masterplan
The GGIP programme is focused on developing four major projects in Iraq.
These are:
- The Common Seawater Supply Project (CSSP)
- The Ratawi gas processing complex
- A 1GW solar power project for Iraq’s electricity ministry
- A field development project at Ratawi, known as the Associated Gas Upstream Project (AGUP)
The CSSP is designed to support oil production in Iraq’s southern oil and gas fields – mainly Zubair, Rumaila, Majnoon, West Qurna and Ratawi – by delivering treated seawater for injection, a method used to boost crude recovery rates and improve long-term reservoir performance.
China Petroleum Engineering & Construction Corporation (CPECC) won a $1.61bn contract in May to execute engineering, procurement and construction (EPC) work for the gas processing complex at the Ratawi field development.
CPECC’s project team based in its Dubai office is performing detailed engineering work on the project.
In August last year, TotalEnergies awarded China Energy Engineering International Group the EPC contract for the 1GW solar project at the Ratawi field. A month later, QatarEnergy signed an agreement with TotalEnergies to acquire a 50% interest in the project.
The 1GW Ratawi solar scheme will be developed in phases, with each phase coming online between 2025 and 2027. It will have the capacity to provide electricity to about 350,000 homes in Iraq’s Basra region.
The project, consisting of 2 million bifacial solar panels mounted on single-axis trackers, will include the design, procurement, construction and commissioning of the photovoltaic power station site and 132kV booster station.
Separately, in June, TotalEnergies awarded China Petroleum Pipeline Engineering an EPC contract worth $294m to build a pipeline as part of a package known as the Ratawi Gas Midstream Pipeline.
Also, TotalEnergies awarded UK-based consultant Wood Group a pair of engineering framework agreements in April 2025, worth a combined $11m, under the GGIP scheme.
The agreements have a three-year term under which Wood will support TotalEnergies in advancing the AGUP.
One of the aims of the AGUP is to debottleneck and upgrade existing facilities to increase production capacity to 120,000 barrels a day of oil on completion of the first phase, according to a statement by Wood.
READ THE MAY 2026 MEED BUSINESS REVIEW – click here to view PDFGlobal energy sector forced to recalibrate; Conflict hits debt issuance and listings activity; UAE’s non-oil sector faces unclear recovery period amid disruption.
Distributed to senior decision-makers in the region and around the world, the May 2026 edition of MEED Business Review includes:
> REGIONAL LNG: War undermines business case for Middle East LNG> CAPITAL MARKETS: Damage avoidance frames debt issuance> MARKET FOCUS: Conflict tests UAE diversificationTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/16913732/main.jpg -
Contractors submit best offers for major Adnoc Onshore project20 May 2026

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Contractors have submitted revised commercial offers to Adnoc Onshore, a subsidiary of Abu Dhabi National Oil Company (Adnoc Group), for a project involving the tie-in of several wells in the Bab and North East Bab oil field developments in Abu Dhabi.
Located 84 kilometres southwest of the city of Abu Dhabi, the Bab field has been in production since 1960 and is the emirate’s first oil-producing asset. The North East Bab cluster comprises the Al-Nouf, Rumaitha and Shanayel fields.
The One Tie-In project at the Bab and North East Bab field developments is integral to Adnoc Onshore’s contribution to its parent company Adnoc Group’s objective of achieving an oil production capacity of 5 million barrels a day (b/d) by 2027 – a campaign known as Accelerated Integrated Programme 5. The Abu Dhabi energy giant currently has a spare capacity of 4.85 million b/d.
According to sources, the following contractors are understood to be among those bidding for the project:
- Galfar Emirates (UAE branch of Oman’s Galfar Engineering & Construction)
- Jereh (China)
- Kalpataru Projects International (India)
- Matrix Construction (UAE)
- Robt Stone Middle East (UAE)
- Target Engineering Construction Company (UAE)
Adnoc Onshore is understood to have started the tendering process for the Bab and North East Bab One Tie-In project last year, with contractors submitting technical and commercial bids this year.
Following the evaluation of bids, Adnoc Onshore sought best commercial offers from the bidders, which contractors submitted earlier in May, sources told MEED.
Adnoc Onshore’s budget for the project is estimated to be $1.2bn, according to sources.
The broad scope of work on the project covers residual engineering, procurement of any material not part of free issued material, construction, site survey, installation, inspection and testing, pre-commissioning and commissioning support, to include new wellsite facilities, including a new mini-pad, well bay and cluster at the Bab and North East Bab field developments.
Adnoc Onshore has divided the scope of work on the Bab and North East Bab One Tie-In project into 18 packages, which are as follows:
Bab asset
Package 1:
Off-pad – Demolition and construction of existing oil producing wells as per high hydrogen sulphide (H2S) standard package.
Package 2:
Off-pad – Construction of new oil producing wells as per high H2S standard package.
Package 3:
On-pad – Demolition and construction of existing oil producing wells as per high H2S standard package.
Package 4:
On-pad – Construction of new oil producing wells as per high H2S standard package.
Package 5:
On-pad – Construction of facilities at mini-pad, pad or well bay for tie-in new oil producing wells as per high H2S standard package.
Package 6:
Off-pad – Construction of new oil producing wells (low H2S) as per standard package.
Package 7:
- Construction of water supply, disposal and injection wells as per standard package;
- Construction of off-pad water injection wells;
- Construction of on-pad water injection wells and water injection manifold.
Package 8:
Off-Pad – Digitalisation of existing wells.
Package 17:
- Well bay: On-pad wells, flowline, common facilities (PSS, CI skid, WHCP), overhead line;
- Mini-pad: On-pad wells, transfer line, blow down header, common facilities (PSS, manifold-OIL, MPFM, CI SKID, WHCP, drain oil network, pig launcher, receiver, potable water system), overhead line;
- Off-pad: Gas lift oil producer well;
- On-pad: Gas lift oil producer;
- Electrical submersible pump (ESP) well: on-pad;
- ESP well: off-pad.
North East Bab asset
Package 9:
Cluster-based – Construction of new oil producing wells at Al-Nouf.
Package 10:
Cluster-based – Construction of new water alternating gas (WAG) injection wells at Al-Nouf.
Package 11:
Remote – Construction of oil producing wells.
Package 12:
Remote – Construction of WAG wells.
Package 13:
Cluster-based – Construction of oil producing wells at Rumaitha and Shanayel.
Package 14:
Cluster-based – Construction of WAG wells at Rumaitha and Shanayel.
Package 15:
Cluster-based – Construction and/or modifications of oil production/test manifold, gas injection/gas test manifold, let down gas manifold well head control panel, gas supply connection for injection, gas supply connection for gas lift. Chemical injection skid, water injection manifold, maintenance flare package. Installation of new pig traps, installation of hot tap and extension of cluster plot.
Package 18:
- Al-Nouf cluster: Common facilities (ETR, ITR, vent stack, overhead line, oil manifold, test manifold, gas lift manifold, drain oil tank, common pipe rack, etc.), gas lift oil producer wells, WAG injection wells;
- Rumaitha cluster: Common facilities (ETR, ITR, vent stack, overhead line, oil manifold, test manifold, gas lift manifold, drain oil tank, common pipe rack, etc.), gas lift oil producer wells, WAG injection wells.
Bu Hasa asset
Package 16:
Off-pad – Digitalisation of existing wells.
Adnoc Onshore is Adnoc Group’s largest oil-producing subsidiary, accounting for 2 million b/d and about 7 billion cubic feet a day of associated gas production from four main onshore hydrocarbons field developments in Abu Dhabi – namely Bab, Bu Hasa, North East Bab and South East.
READ THE MAY 2026 MEED BUSINESS REVIEW – click here to view PDFGlobal energy sector forced to recalibrate; Conflict hits debt issuance and listings activity; UAE’s non-oil sector faces unclear recovery period amid disruption.
Distributed to senior decision-makers in the region and around the world, the May 2026 edition of MEED Business Review includes:
> REGIONAL LNG: War undermines business case for Middle East LNG> CAPITAL MARKETS: Damage avoidance frames debt issuance> MARKET FOCUS: Conflict tests UAE diversificationTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/16911726/main.jpg -
Majid Al-Futtaim to develop $17bn Dubai South community19 May 2026
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Dubai-based developer Majid Al-Futtaim has signed an agreement with Dubai South to develop a AED62bn ($17bn) mixed-use community in the Dubai South area of the city.
The 22-million-square-foot development will include residential and retail components, anchored by a shopping mall.
Further project details and a construction timeline have yet to be disclosed.
In October last year, Majid Al-Futtaim announced new investments in Saudi Arabia and the UAE.
It signed an agreement with Saudi gigaproject developer Diriyah Company to introduce a Vox Cinemas multiplex and seven retail brands to Diriyah Square, part of the Diriyah project in Riyadh.
The retail outlets will cover approximately 5,534 square metres (sq m), while Vox Cinemas will occupy about 7,632 sq m.
The developer will bring international brands to Diriyah, including Shiseido, Lululemon, Crate & Barrel, Abercrombie & Fitch, AllSaints, CB2 and Hollister.
In Dubai, Majid Al-Futtaim also announced plans to launch Ghaf Woods Mall within its Ghaf Woods residential community in Dubailand.
According to an official statement, once completed, Ghaf Woods Mall will be the 30th mall in the developer’s portfolio and its 19th in the UAE.
In April last year, Majid Al-Futtaim revealed plans to develop a mixed-use project in Riyadh at an estimated cost of about SR17.5bn ($4.6bn).
According to media reports, the development will cover an area of 850,000 sq m and will include residential, commercial, office and entertainment components.
In the same month, the firm said that it will invest AED5bn ($1.4bn) to upgrade Dubai’s Mall of the Emirates with new retail, dining, wellness and entertainment facilities.
According to an official statement, the 20,000 sq m expansion will add 100 new stores.
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