Damage to the key pipeline seen as an alternative route to the Strait of Hormuz further curtails Saudi Arabia's ability to deliver oil to the global market.
The Line smart city is reportedly now being rethought as an AI data center, which the country expects to bring a greater short-term financial return, a move spurred by a financial review of NEOM by the Saudi sovereign fund begun in 2024.
Saudi Arabia can push 7 million barrels a day through the Petroline. Its export terminal can load less than half that. The gap was seemingly always the plan.
The escalating regional conflict has already slowed or paused numerous energy and infrastructure projects in the region, but global construction firms are mum on the extent of damage, work shutdowns or supply chain interruptions.
The buildout of a massive passenger rail network for the Saudi Arabia capital of Riyadh was a complex effort to deliver a complete public transportation system.
The contractor's appointment as project management consultant on the Saudi Arabia-based event has been a “journey of many decades,” says Public Infrastructure General Manager Jacob Mumm.
The King Salman International Airport is an estimated $7.2-billion effort to expand the existing Riyadh facility into the largest airport in the world.