The Saudi Arabia and GCC Projects Market in 2019 The latest review of the market For The Big 5 Saudi, November 2019 Ed James Director of Content & Analysis, MEED Projects [email protected] +97150 6614048 www.meedprojects.com 8 – 11 March 2020, Jeddah Centre For Forums & Events www.thebig5saudi.com All the project information in this presentation is sourced from MEED Projects MEED Projects is a Middle East, North and East Africa project tracking platform. It has two major functions; it is a business development tool to help you find new business opportunities and an analysis tool so you can assess the feasibility of potential new markets and projects. 5 key reasons to sign up for a demo: • Identify new business opportunities from over 14,300 active projects worth over $7 trillion • Improve performance in current markets and evaluate new markets with 20 countries covered • Build the right company relationships using our database of over 11,200 companies on live projects • Target over 18,000 key decision makers ahead of your competitors • Forecast market developments by country and project type to inform your strategic planning WHERE ARE WE TODAY? © 2013 MEED Insight MARKET PERFORMANCE Value of GCC contract awards by country, 2014-18 ($m) 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 Bahrain Kuwait Oman Qatar Saudi Arabia UAE 2014 2015 2016 2017 2018 MARKET PERFORMANCE Value of GCC contract awards by sector, 2014-18 ($m) 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 Chemical Construction Gas Industrial Oil Power Transport Water 2014 2015 2016 2017 2018 Source: MEED Projects 2019 PERFORMANCE © 2013 MEED Insight 2018-19 COMPARISON Value of GCC contracts awarded in whole of 2018 compared with 2019 year to date 120,000 100,000 96573 80,000 67364 60,000 Saudi is on the up! 45983 40,000 30190 25035 19898 20,000 10112 9721 4645 5464 5334 1161 2723 3671 0 Bahrain Kuwait Oman Qatar Saudi Arabia UAE Total 2018 2019 YTD Source: MEED Projects TOP SAUDI ARABIA PROJECTS 2019 Top projects awarded in Saudi Arabia 2019 YTD Project Area Sector Value ($m) Saudi Aramco - Marjan Field Development: Offshore GOSP4 Development - Package 1 Eastern Province Oil 3,000 Saudi Aramco - Berri Field Development: GOSP Eastern Province Gas 3,000 Saudi Aramco - Marjan Field Development: Offshore Gas Facilities - Package 4 Eastern Province Gas 1,500 Saudi Aramco - Marjan Field Development: Tanajib Onshore Oil Facilities: Pkg 6 Eastern Province Oil 1,480 Saudi Aramco - MFD: TGP: Onshore Utilities, Flare and Pipe Rack: Pkg 12 Eastern Province Oil 1,250 Saudi Aramco - Marjan Field Development: Offshore Oil Facilities (Package 2) Eastern Province Oil 1,010 MOT - Riyadh Second Ring Road: Phase 1 Riyadh Province Transport 700 Saudi Aramco - Safaniya: Debottleneck Onshore Plant Eastern Province Oil 650 Saudi Aramco - Zuluf Field Offshore Expansion Oil 640 Maaden - Mansourah to Massarah Gold Mine Project Mecca Province Industrial 606 SWCC - Al Khobar SWRO Desalination Plant (Phase II) Eastern Province Water 600 Saudi Aramco – Marjan Offshore: TP-10 Tie-in Platform Oil 600 Saudi Aramco - Marjan Field Development: Offshore: Water Injection (Package 3) Eastern Province Oil 600 SWCC - Jubail SWRO Desalination Plant (Phase II) Eastern Province Water 500 Saudi Water Partnership Company - Rabigh 3 IWP Mecca Province Water 480 RM - Botanical Gardens In Riyadh : Phase 3 Riyadh Province Construction 426 QIC - The Qiddiya Project: Resort Core in Riyadh Riyadh Province Construction 400 REPDO - REP: Round 1: Phase 1: 400MW Wind Power Plant at Dumat al-Jandal Al Jouf Province Power 400 Ministry of Housing - Saudi Housing Project: Mecca Province Residential Mecca Province Construction 400 Saudi Aramco - Water Handling Debottlenecking At South Ghawar Area Eastern Province Oil 400 TOP 10 CONTRACTORS IN SAUDI ARABIA BY VALUE OF WORK UNDER EXECUTION ($M) Negative factors OUTLOOK © 2013 MEED Insight TOP PROJECTS IN TENDER Selected planned projects in Saudi Arabia in tender Project Sector Value ($m) REPDO - Renewable Energy Program: Round II Power 6,035 GACA - King Khalid International Airport Expansion: Terminal VI Transport 3,000 Saudi Aramco - Shedgum and Uthmaniya Gas Plant: Processing Facility Gas 2,500 MOD - King Salman Airbase Facilities Construction & Relocation Project Transport 2,500 MOD - King Faisal Air Academy Construction and Relocation Project Construction 2,500 SEC - PP15 Combined Cycle Power Plant : Phase 1 (IPP) Power 2,000 National Tire Company - Tyre Plant In Jubail Industrial 1,600 Saudi Aramco - Jafurah Gas Plant : Processing Plant Gas 1,500 Saudi Aramco - ZCPF: Hydrocarbons Processing Facilities (Package 1) Oil 1,300 Saudi Aramco - MFD: Cogeneration Independent Steam Power Project (ISPP) Power 1,000 Saudi Aramco - Jafurah Gas Plant : Gas Compression Plant Gas 1,000 Shomoul Holding - The Avenues Riyadh : Mall Construction 1,000 SWPC - Jubail 3A IWP Water 1,000 SAEI - King Abdulaziz International Airport: Aircraft Maintenance Hangars Transport 800 SWPC - Jubail 3B IWP Water 700 Saudi Aramco - South Ghawar UR Field Development Program : Gas Separation Plant Gas 700 SWCC - Shouaiba Desalination Plant : Phase V Water 700 Saudi Aramco - Jafurah Gas Plant : Sulphur Utilities & Interconnecting Facility Gas 500 Saudi Aramco - Jafurah Cogeneration Independent Steam And Power Project (ISPP) Power 500 Saudi Aramco - ZCPF: Water Treatment & Injection Facilities (Package 2) Oil 500 TOP FUTURE PROJECTS Longer term projects in Saudi Arabia Project Sector Value ($m) PTA - Riyadh Dammam High-Speed Rail Transport 14,000 REPDO - Renewable Energy Program: Round III Power 10,000 Eastern Province Municipality - Dammam Metro Transport 9,000 KA-CARE - Nuclear Power Reactor: Package 1 Power 8,000 PTA - Saudi Landbridge Transport 7,000 Saudi Aramco / Sabic JV - COTC: Refinery - Residual Hydrocracking (Package 1) Oil 5,000 Saudi Aramco / Sabic JV - COTC: Refinery - VGO & Base Oil Extraction (Package 2) Oil 5,000 Saudi Aramco/Sabic JV - COTC:Refinery-Diesel & Naphtha Hydrotreating(Package 3) Oil 5,000 SATORP – Amiral Complex: Ethylene and Propylene Plant Chemical 5,000 Saudi Aramco / Sabic JV - Yanbu Crude Oil To Chemicals (COTC): Refinery Package Oil 5,000 Taif Municipality - Taif Public Transport Network Transport 5,000 PIF - New Jeddah Downtown Construction 4,800 MOT - King Hamad Causeway Transport 4,000 Pan-Asia Saudi - Petrochemical and Chemical Fiber Integrated Project in Jizan Chemical 3,800 Ministry of Municipal and Rural Affairs - Riyadh Storm Water Drainage Project Water 2,900 SEC - Shuqaiq Power Plant Expansion : Phase 1 Power 2,500 SEC - Jeddah South Power Plant : Phase 2 Expansion Power 2,500 SCTA - Al Rayis Development Construction 2,500 MOH - Madinat Al Wurud In Taif Construction 2,000 YALJ - Kaaki Development in Mecca Construction 2,000 FUTURE PROJECTS Value of Saudi Arabia future projects by sector ($m) Chemical, Water, 32414, 3% 25987, 2% Transport, 309071, 25% Construction, 684086, Power, 125067, 55% 10% Oil, 40754, 3% Industrial, 19729, 1% Gas, 15368, 1% FUTURE PROJECTS Value of Saudi Arabia future projects by status ($m) Bid Evaluation, 22287, 2% Main Contract PQ, 44385, 4% Study, Main Contract 139904, 11% Bid, 28599, 2% FEED, 110147, 9% Design, 907154, 72% FUTURE PROJECTS Value of Saudi Arabia future projects by region ($m) Others, 32231, 9% Al-Madinah Province, 51480, 15% Riyadh Province, Eastern Province, 177538, 51% 87946, 25% FUTURE CLIENTS Top future Saudi Arabia clients by value of work planned and un-awarded FUTURE PIPELINE Value of Planned and Un-awarded GCC Projects ($m) 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0 Bahrain Kuwait Oman Qatar Saudi Arabia UAE FUTURE PIPELINE Value of Planned and Un-awarded GCC Projects by sector ($m) 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0 Chemical Construction Gas Industrial Oil Power Transport Water SOME CURRENT PROJECTS NEOM - $500bn Scope: Saudi Arabia’s largest and most Ambitious project to be built from ground up on 26,500 square kilometers land in the Tabuk area and extending 450km along the Red Sea coast. The smart city project aims to promote Saudi Arabia worldwide in 16 economic sectors. Developer: Saudi Public Investment Contract Value ($m) Status Fund PIF - Neom City Development Program 396,350Execution PIF - NEOM: Infrastructure and Utilities 98,818Execution Stage: Construction PIF - NEOM: Neom Bay 1,800Bid Evaluation PIF - NEOM: Residential Buildings Site Estimated value: $500 billion Preparation works 1,000Main Contract PQ PIF – Neom City Development Program : Industrial City 976Main Contract Bid PIF - NEOM: Ring Road 500Main Contract PQ PIF - NEOM : Airport 500Study PIF - Neom: Construction Village 500Execution PIF - NEOM: Neom Bay: Silver Beach Infrastructure Works Package 200Execution SWCC - Neom: RO Plant at Duba 182Execution PIF – Neom : Industrial City: Site preparation for PV plant 24Bid Evaluation 20 QIDDIYA - $4bn Scope: Contract Value ($m) Status To be a destination for entertainment, sport and culture. The development will Qiddiya - The Qiddiya Project (Entertainment City) 1,300Design feature 300 recreational and educational QIC - The Qiddiya Project: Motion Core 600Design facilities in five themes: parks and attractions, sports and wellness, motion QIC - The Qiddiya Project: City Center 600Design and mobility, nature and environment, QIC - The Qiddiya Project: Golf and Residential and arts and culture. Neighborhood 600Design QIC - The Qiddiya Project: Eco Core 500Design Developer: Qiddiya Investment Company QIC - The Qiddiya