Saturday, 3 October 2026 · Gulf Standard Time
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Projects to Monitor

A continuously updated record of GCC projects and procurement developments that warrant close monitoring as they move towards investment decisions, tenders, contract awards and execution.

Saudi Arabia · Mining & Nuclear

Saudi Arabia identifies 110 million tonnes of uranium-bearing material

Stage: Resource discovery announced

Saudi Arabia has identified approximately 110 million tonnes of raw material containing uranium concentrations in the Medina region. The discovery was announced by the energy minister during the IAEA General Conference in Vienna. No mine-development programme, investment value, licence round or procurement package has yet been confirmed.

What to watch: Resource-definition work, exploration licences, technical studies, development partners and future mining or processing packages.
Updated 15 September 2026
Qatar · LNG

QatarEnergy seeks multi-year US LNG supply agreements

Stage: Supply negotiations

QatarEnergy is reportedly negotiating multi-year purchases from American LNG producers through 2031. The talks concern commercially important energy procurement rather than a new GCC capital project, but may have implications for the company’s international LNG portfolio and associated logistics.

What to watch: Selected suppliers, purchase volumes, contract duration, pricing arrangements and any associated shipping or infrastructure requirements.
Updated 12 September 2026
UAE · Energy

Masdar, ADNOC and XRG sign UAE–Germany energy agreements

Stage: Cooperation agreements signed

Masdar, ADNOC and XRG have signed several cooperation agreements with German companies covering renewable energy and LNG. The potential investments and projects are predominantly outside the GCC, but the agreements could lead to future commercial opportunities involving UAE energy companies.

What to watch: Firm investment commitments, project locations, commercial terms and any GCC-based packages arising from the agreements.
Updated 15 September 2026
Oman · Mining

Oman signs mining concessions covering 1,687 sq km

Stage: Exploration and development agreements signed

Oman has signed two exploration and development agreements covering a combined 1,687 square kilometres, with approximately $15.4 million of initial investment. The agreements were signed on 10 September and could generate future opportunities across mineral exploration and mine development.

What to watch: Exploration drilling, technical-services tenders, resource definition and future mine-development packages.
Updated 15 September 2026
Oman · Heritage & Tourism

Oman launches international consultancy tender for Salut UNESCO nomination

Stage: International consultancy tender

Oman’s Ministry of Heritage and Tourism has launched an international consultancy tender to prepare the nomination dossier and management plan for the Salut Iron Age Settlement for possible inscription on the UNESCO World Heritage List.

What to watch: Submission deadline, consultant selection and the UNESCO nomination timetable.
Updated 12 September 2026
Saudi Arabia · Industry

Ar-Razi plans 1.8mtpa Jubail methanol plant

Stage: Pre-investment

SABIC subsidiary Saudi Methanol Company has secured Ministry of Energy feedstock allocation for a proposed 1.8 million tonne-a-year methanol plant in Jubail.

What to watch: Final investment decision, capital cost and procurement strategy.
Updated 12 September 2026
Kuwait · Oil & Gas

Jereh starts KOC drilling-waste facility

Stage: Construction

Jereh has started construction of KOC’s oil-based drilling-cuttings treatment facility in Kuwait under a 300-day build programme.

What to watch: Subcontracting, equipment packages and execution milestones.
Updated 12 September 2026