Saudi Arabia Energy & Power Suppliers

ACWA Power

Riyadh

ACWA Power is a Saudi Arabian developer, investor and operator of power generation and desalinated water plants, listed on the Saudi stock exchange and now operating in more than 12 countries across the Middle East, Africa, Central Asia and Southeast Asia. The company was founded in 2004 and has built one of the world's largest portfolios of independent power and water projects, with total capacity in the tens of gigawatts. Its strength lies in public-private partnership models: ACWA Power develops, finances, builds and operates plants under long-term offtake agreements, from gas and combined-cycle plants to some of the world's largest solar PV, wind and concentrated solar projects. The company is also the global leader in desalination, operating reverse-osmosis plants that supply municipal and industrial water across the Gulf. For industrial buyers and utilities, ACWA Power is a partner rather than a commodity supplier, offering energy and water as a service with proven execution in challenging markets. Its green hydrogen venture at NEOM, developed with Air Products, positions it as a first-mover in the emerging clean-fuel export economy.

Saudi Arabian Oil Company (Saudi Aramco)

Dhahran

Saudi Aramco is the world's largest integrated oil and gas company, majority-owned by the Kingdom of Saudi Arabia and listed on the Tadawul exchange since 2019. Its origins trace to 1933, when a concession agreement opened Saudi Arabia's eastern province to oil exploration; the company that grew from that agreement now produces roughly one in every eight barrels of crude oil on earth, from the Ghawar field — the largest conventional oil field ever discovered — and the offshore Safaniya field, the largest offshore field in the world. Beyond crude production, Aramco operates one of the world's largest refining and petrochemical networks, with stakes in SABIC, refineries in Asia and the United States, and a growing gas business that feeds power plants and industrial cities across the Kingdom. The company has committed to building one of the largest carbon-capture programs in the industry and is investing in blue hydrogen, ammonia, and renewables as part of its net-zero-by-2050 ambition. For industrial buyers, Aramco matters in two ways: as a massive buyer of drilling equipment, steel pipe, valves, pumps, and process-control systems through its In-Kingdom Total Value Add (IKTVA) program, and as a supplier of feedstocks — naphtha, ethane, and refined products — that anchor global petrochemical supply chains.