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Liquefied natural gas and hydrogen will be signed by executives traveling with the German Chancellor, according to a senior government official.
A high-ranking business delegation will accompany Scholz on a two-day trip to Saudi Arabia.
The official, who asked not to be identified in line with government rules, said that the visit was the latest push in Germany's attempt to reduce dependence on Russian energy.
Germany is closing in on gas deals with the United Arab Emirates.
He will be in Saudi Arabia where he will meet with the king and crown prince. He will leave on Sunday for the United Arab Emirates, followed by a return to Berlin in the evening.
The official said that Germany has been in talks with Saudi Arabia. They didn't give any further information on the contracts or companies involved.
The proposal for a cap on the price of Russian oil will be discussed during the trip. According to people familiar with the matter, European Union member states are pushing for a political agreement on the measure within weeks.
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