Nesma & Partners

What Nesma & Partners does

Nesma & Partners is a leading Saudi Arabian general contracting group founded in 1981 and headquartered in Al Khobar, with operations across energy, infrastructure, and building construction. The company delivers mega-projects through direct enterprise sales and consortium arrangements, serving Saudi government entities (including RCRC, NEOM, Diriyah Company, Red Sea Development Company, Expo 2030 Riyadh, and the Ministry of Defense) and Saudi Aramco across upstream, midstream, and downstream energy work. It reports a SAR 40+ billion project backlog, 230+ completed projects, a 20,000+ vehicle and equipment fleet, and a 70,000+ workforce (including subsidiary Kent), with 30% reported annual growth over the past five years and four major shareholders including the Public Investment Fund. The technical platform is built around BIM delivery (ISO 19650-1 and ISO 19650-2 certified with BSI Kitemark), automated welding technology (Cleverweld 4.0 via Serimax), and a vertical workforce development engine (Nesma High Training Institute, with 8 accreditations, 100,000+ training opportunities, and 7,000+ graduates).

The business model is project-based B2B contracting: revenue is generated through one-time, multi-year construction contracts awarded via competitive bidding or direct negotiation, supplemented by professional engineering services (via Kent) and managed industrial services (via AYTB). Pricing is per-project and non-standardized, with no public rate cards, and billing cadences align to project milestones across multi-year terms. Distribution is relationship-driven and concentrated in Saudi Arabia, with international reach delivered through Kent's footprint in the UAE, Australia, Europe, and the USA, and through joint ventures with international EPC firms (Sicim, FCC Construcción, MAN Enterprise, Almabani). Recent strategic moves include the acquisitions of Kent (Jan 2024, $1.4B revenue subsidiary), Sudlows Consulting (Feb 2025 via Kent, data center design), and AYTB (Jul 2025, 6,000+ employees in industrial services), the launch of the Imad Ventures CVC arm (end of 2024), and ongoing mega-project execution across the Saudi Vision 2030 program.

Name

Nesma & Partners

Legal name

Nesma & Partners Contracting Company Ltd.

Website

https://nesmapartners.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Nesma & Partners is a Saudi Arabian general contractor founded in 1981 delivering energy, infrastructure, and building construction projects for government entities, Saudi Aramco, and Vision 2030 mega-projects through direct enterprise sales and consortium arrangements.

Ownership category

akta.pro rank

Product category

Construction & Engineering Contracting

NAICS

Architectural, Engineering, and Related Services (5413), Oil and Gas Field Machinery and Equipment Manufacturing (333132)

SIC

Oil & Gas Field Services, Nec (1389), Pipe Lines (No Natural Gas) (4610)

akta.pro primary industry

Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight) (EUANALAE)

akta.pro secondary industry

Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ)

Keywords

• Industrial construction services
• Infrastructure project delivery
• Building construction contracting
• Engineering procurement construction
• Oil gas facility construction

Headquarters

HQ city

Lîne

HQ country

Saudi Arabia

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Construction Contracting: General contracting services for energy, infrastructure, and building construction projects. Revenue is generated through one-time project-based contracts, typically awarded through competitive bidding or direct negotiation with government entities and major corporations.
2. Engineering and Project Management Services: Through subsidiary Kent, provides integrated engineering services and project delivery solutions for oil and gas, industrial, renewables, and low-carbon industries globally.
3. Industrial Services: Through subsidiary AYTB, provides plant project services, manufacturing, industrial services, and operations and maintenance for oil & gas, petrochemical, and power generation sectors.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Nesma & Partners is a Saudi Arabian general contractor providing integrated engineering, procurement, construction, commissioning, operations, and maintenance services across energy (oil & gas, pipelines, gas plants), infrastructure (metros, airports, roads, utilities, stormwater drainage), and building construction (commercial, residential, institutional). Through subsidiary Kent it offers global engineering and project management services, and through AYTB it delivers industrial contracting and operations and maintenance services for oil & gas, petrochemical, and power generation sectors.

Product overview

Nesma & Partners is a leading Saudi Arabian contracting group providing integrated project solutions across three core business divisions: Energy, Infrastructure, and Building Construction. The company operates a multi-brand portfolio including its core contracting services, wholly-owned subsidiary Kent (global engineering and project management with $1.4B revenue), and acquired company AYTB (industrial services with 6,000+ employees). Additional offerings include NHTI vocational training institute, Imad Ventures corporate venture capital, and Vendor360 digital vendor portal. The company also operates multiple joint ventures for specialized projects including NesmaKent (Aramco EPC with carbon capture/blue hydrogen capabilities), Nesma-Sicim (pipeline construction), NASJV (defense projects), NAPJV (airport works), and MAN Enterprise JV (Diriyah development).

Differentiator

Problem solved

Functional benefit

Brands

• Nesma High Training Institute (NHTI): Vocational and professional training institute established in 2012 in Dhahran, with a second branch in NEOM (2022). Provides over 100,000 training opportunities and has graduated over 7,000 specialists.
• Imad Ventures
• NesmaKent
• YouthRE

Products and services

• Energy Construction Services Engineering, procurement, construction (EPC), and commissioning services for oil & gas facilities, gas processing plants, large-diameter pipelines, refineries, and petrochemical assets. ASME 'A' (power boiler) and 'PP' (pressure piping) certified. Delivered for clients such as Saudi Aramco and executed through the NesmaKent joint venture.
• Infrastructure Construction Services Construction of large-scale public infrastructure including metro extensions (e.g., Riyadh Metro Red Line Extension), airports (Red Sea Airport), stormwater drainage, utilities, roads, and urban districts. ISO 19650 BIM certified. Delivered for government clients such as RCRC, NEOM, Diriyah Company, and Expo 2030 Riyadh.
• Building Construction Services Full-spectrum construction of commercial, residential, institutional, and cultural buildings, including KAPSARC School of Public Policy, the Zallal project (LEED Gold certified), and the Qurain Cultural District (Diriyah) in JV with MAN Enterprise.
• Kent Engineering & Project Management Services Sustainable and innovative engineering services and project delivery solutions for oil & gas, industrial, renewables, and low-carbon industries. Through subsidiary Kent (and its acquisitions Sudlows for data centers and Exceed for brownfield asset services), provides integrated global EPC and consulting capabilities to blue-chip energy clients.
• AYTB Industrial Contracting Services Multidisciplinary industrial contracting services to oil & gas, petrochemical, power generation, and other major industrial sectors, including plant project services, manufacturing, industrial services, operations and maintenance, and housing and catering.
• NesmaKent Joint Venture (Aramco EPC) Joint venture delivering engineering, procurement, and construction services for Saudi Aramco in the industrial sector, with a focus on developing new capabilities in carbon capture, blue hydrogen, and blue ammonia technologies.
• Nesma-Sicim Pipeline Joint Venture Pipeline engineering, procurement, and construction joint venture with Sicim (Italy) executing two Master Gas pipeline projects (approximately 500 km of 56-inch pipelines) connecting Taif and South Jeddah.
• NASJV Defense Construction Joint Venture Joint venture (Nesma-Almabani-General Telecom) executing construction, procurement, and development of King Faisal Air Academy (KFAA) and King Salman Air Base (KSAB) for the Saudi Ministry of Defense.
• NAPJV Airport Construction Joint Venture Joint venture delivering airside works construction for Red Sea International Airport for the Red Sea Development Company.
• Nesma-MAN Enterprise Cultural District JV Joint venture delivering development of the Qurain Cultural District, a key component of the Diriyah project blending cultural heritage with modern urban living.
• Nesma High Training Institute (NHTI) Vocational and professional training institute providing 18 professional programs and 200+ specialized courses including health & safety, technical skills, and personal skills development. Approved testing center for Skills Verification Program, PACC accreditation, Aramco CWQAP, OSHA Academy, and PMI certifications. Operates from Dhahran (since 2012) and NEOM (since 2022).
• Imad Ventures Corporate Venture Capital Corporate venture capital arm investing in Pre-Seed, Seed, and Series A startups in the Built World, focused on practical and innovative technologies that make building safer, faster, and more sustainable. Backed portfolio includes Neuron Factory, an AI-powered pre-construction platform with the construction sector's first Knowledge Graph.
• Vendor360 Vendor Management Portal Digital vendor management portal centralizing all vendor-related information, including invoice submission, profile updates, agreements management (subcontract and rental), and payment tracking. Used by subcontractors and suppliers working with Nesma & Partners projects.

Quantifiable outcome

• Zero loss time injuries (safety target)
• +5 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature3 records

Partnerships

16 partnerships are on record, tiered major, core and minor.

• Kent (Workforce Development MoU)majorStrategic or Co-development Partner · 16 February 2026Strategic MoU between NHTI and Kent to design and deliver technical and vocational training programs meeting Saudi industrial sector needs. Combines NHTI's established training platform with Kent's global engineering expertise in testing, commissioning, and leadership development.
• FCC ConstrucciónmajorStrategic or Co-development Partner · 30 October 2025Agreement signed during FII9 to submit joint prequalification for Prince Faisal bin Fahad Sports City PPP project. FCC is a global leader in infrastructure design and construction with 125+ years experience, ranked 27th among top 200 international contractors.
• Al Yusr Industrial Contracting Company (AYTB)coreStrategic or Co-development Partner · 14 July 2025Nesma & Partners acquired AYTB in July 2025, a leading Saudi multi-disciplinary industrial contracting company with 40+ years experience providing plant project services, manufacturing, industrial services, operations and maintenance, and housing/catering with 6,000+ employees.
• NetZerominorStrategic or Co-development Partner · 6 December 2024Strategic partnership to plant 40,000 smart trees as first-year target of a five-year initiative aiming to plant 200,000 trees in support of Saudi Green Initiative. Smart tree technology and data-driven sustainability solutions.
• Kent (Sudlows and Exceed Acquisitions)coreStrategic or Co-development Partner · 1 February 2024Kent expanded through acquisitions of Exceed (specializing in brownfield asset services) and Sudlows Consulting (specializing in data center design and engineering) in February 2025. These acquisitions support Saudi Arabia's digital transformation and AI hub ambitions.
• Kent PLCcoreStrategic or Co-development Partner · 31 January 2024Nesma & Partners completed acquisition of Kent in January 2024. Kent is a privately-owned international integrated energy services partner founded in 1919, with 13,000 employees and $1.4 billion revenue. Kent delivers sustainable engineering services and project delivery solutions for oil & gas, industrial, renewables, and low-carbon industries with blue-chip clients including international energy companies and national oil companies.
• NesmaKent Joint VenturecoreStrategic or Co-development PartnerJoint venture between Nesma & Partners and Kent PLC for executing Saudi Aramco's EPC projects in the industrial sector. Undertakes development of new capabilities in engineering, procurement, and construction services in KSA relating to carbon capture, blue hydrogen, and blue ammonia technologies.
• Nesma & Partners – Sicim Joint VenturemajorStrategic or Co-development PartnerLandmark joint venture with Italian firm Sicim for pipeline engineering, procurement, and construction of nearly 500 kilometers of 56-inch pipelines across the mountainous western region between Taif and South Jeddah. Two Master Gas pipeline projects enhancing energy sector capabilities.
• NASJV (Nesma-Almabani-General Telecom Joint Venture)majorStrategic or Co-development PartnerJoint venture between Nesma & Partners, Almabani General Contractors, and Advanced Telecom Systems formed in January 2020 to execute contracts for construction of King Faisal Air Academy and King Salman Air Base for Saudi Ministry of Defense.
• NAPJV (Nesma-Almabani General Contractors Joint Venture)majorStrategic or Co-development PartnerJoint venture between Nesma & Partners and Almabani General Contractors formed in January 2020 for airport-side works for Red Sea Airport in connection with Red Sea Development Company.
• Nesma & Partners – MAN Enterprise Joint VenturemajorStrategic or Co-development PartnerJoint venture with MAN Enterprise for development of Qurain Cultural District, a key component of the Diriyah project blending cultural heritage with modern urban living.
• Imad VenturesminorStrategic or Co-development PartnerCorporate venture capital arm established end of 2024 to support development of a modern construction industry. Invests in Pre-Seed, Seed, and Series A startups in the Built World. Focus on practical and innovative technologies making building safer, faster, and more sustainable. Slogan: 'For a better built environment.'
• SerimaxminorStrategic or Co-development PartnerPartnership with Serimax (supported by Aramco) to launch Saudi Arabia's first automated pipeline welding training program at NHTI in Dhahran. Six-month program training Saudi technicians on mechanical pipeline welding with Cleverweld 4.0 digital technology.
• Nesma Contracting LimitedcoreStrategic or Co-development PartnerOne of four shareholders of Nesma & Partners, owns and operates multiple businesses across various sectors in Saudi Arabia, UAE, and Egypt.
• Rawabi Investment CompanycoreStrategic or Co-development PartnerOne of four shareholders of Nesma & Partners, a diversified conglomerate and leader in energy, industrial, and contracting services.
• Alturki HoldingcoreStrategic or Co-development PartnerOne of four shareholders of Nesma & Partners, a premium investor and partner for building sustainable businesses in Saudi Arabia and MENA.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Saudi Binladin Group: Largest Saudi construction conglomerate and historical leading contractor for government mega-projects, including holy sites expansion and Vision 2030 giga-project participation. Directly competes with Nesma & Partners for Saudi government and Aramco contract awards.
• Almabani General Contractors: Major Saudi contractor specializing in infrastructure, buildings, and airport/defense projects. Competes directly with Nesma & Partners and participates as a JV partner on flagship projects (NASJV for Air Academies, NAPJV for Red Sea Airport).
• El Seif Engineering Contracting: Leading Saudi general contractor with deep presence in commercial buildings, hospitals, and infrastructure. Competes head-to-head with Nesma & Partners for Saudi mega-project tenders across building construction and infrastructure divisions.
• Consolidated Contractors Company (CCC): Middle East-headquartered international EPC contractor with strong oil & gas and infrastructure presence. Comparable to Nesma & Partners in energy and infrastructure verticals and a frequent JV/consortium partner on Saudi mega-projects.
• FCC Construcción: Spanish global infrastructure contractor ranked among top 30 international contractors, partnering with Nesma & Partners on the Prince Faisal bin Fahad Sports City PPP. Comparable in scale, EPCM capability, and Saudi government project pipeline.
• Sicim: Italian pipeline EPC specialist actively partnered with Nesma & Partners on the 500km Master Gas pipeline JV. Operates in the same oil & gas pipeline construction category as Nesma's energy division and is a direct competitor-pivot to partner.
• Técnicas Reunidas: Spanish EPC contractor focused on oil & gas, petrochemical, and energy transition projects globally. Directly comparable to Nesma & Partners' energy division and to NesmaKent's carbon capture/blue hydrogen JV with Aramco.
• Saudi Oger: Historically a major Saudi general contractor with deep workforce and infrastructure footprint, now in restructuring. Mentioned frequently in Nesma leadership backgrounds (former employer of Bilal Ansari) as comparable scale contractor for talent flows.

Broad incumbents

• Bouygues Construction: Global construction incumbent with major Middle East operations, comparable to Nesma & Partners across building, infrastructure, and energy. Relevant comparison for international scaling strategy as Nesma expands via Kent.
• Larsen & Toubro (L&T) Construction: One of the world's largest construction conglomerates with strong Middle East EPC footprint in buildings, infrastructure, and hydrocarbons. Comparable scale and capability breadth to Nesma & Partners' three-division model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/NesmaPartners
• YouTubeyoutube.com/channel/UCCPaTe4CM2GxpQgAYsdy9IQ
• LinkedInlinkedin.com/company/nesmapartners
• Instagraminstagram.com/nesmapartners
• Facebookfacebook.com/nesmapartners

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nesma & Partners