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Aramco Signs MoU to Create CSR Culture in Eastern Province

Date : Mar 30, 2017

Saudi Aramco has signed a cooperative memorandum of understanding with the Eastern Province Council for Social Responsibility (EPCSR) to create a deep-rooted corporate social responsibility culture in the Eastern Province of Saudi Arabia.

 

The MoU was signed by Princess Abeer Bint Faisal ibn Turki, chairwoman of EPCSR Board of Trustees, and Nasser Al Nafisee, vice president of corporate affairs, Saudi Aramco.

 

Princess Abeer said: "The signing of this Memorandum of Understanding with Saudi Aramco is a significant step towards building strategic partnerships for the benefit of the people...

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Opec/Non-Opec Agreement to Cut Production to Rebalance Oil Market – Kuwait

Date : Mar 30, 2017

Kuwait's Oil Minister Essam Al-Marzouq said on Sunday that the agreement to reduce production between OPEC countries and non-OPEC major producers aims to rebalance the oil market and does not aim to reach a specific price for a...

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Empower’s District Cooling Transmission Pipelines Cross 236 km

Date : Mar 30, 2017

UAE-based Emirates Central Cooling Systems Corporation (Empower), a leading district cooling services provider, has revealed that its network of district cooling transmission pipelines crossed 236 km by the end of...

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LUKOIL Applies Innovative Core Examination Technologies at West Qurna-2 Field

Date : Mar 30, 2017

LUKOIL has applied innovative technologies for examination of core samples of the West Qurna-2 field. The company performed capillarimetric survey in oil-water reservoir conditions paired with mercury porosimetry for the first...

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Reliance Completes Gulf Africa Petroleum Corporation Stake Sale

Date : Mar 30, 2017

According to the report, Mukesh Ambani led Reliance Industries Ltd (RIL) on Wednesday said it has completed the sale transaction of its entire 76% interest in Gulf Africa Petroleum Corporation (GAPCO) to global energy major Total SA....

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Shell India, BPCL May Tie Up for Singapore Energy Trading

Date : Mar 30, 2017

Royal Dutch Shell Plc’s India unit and Bharat Petroleum Corp. Ltd (BPCL), the country’s second largest fuel retailer, may team up to help the latter set up an energy trading unit in Singapore, two officials aware of the...

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Iraq Declares Extinguishing of Last Well in Qayara

Date : Mar 30, 2017

Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil declared the extinguishing of the well No.42 in Qayara field in Ninawa governorate, which was the last flaming remaining oil well in the north of...

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Apicorp Buys Key Stake in Shuqaiq IWPP

Date : Mar 28, 2017

Acwa Power, a Saudi-based developer, owner and operator of independent power generation and water desalination plants, and Arab Petroleum Investments Corporation (Apicorp) have signed a sale and purchase agreement for an eight...

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Aramco Launches Contractors, Suppliers Relations Centre

Date : Mar 28, 2017

Saudi Aramco has launched a contractors and suppliers relations centre in the Chamber of Commerce and Industry in Riyadh to facilitate the registration process and help contractors reach the company.

 

The...

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Nepal, IOC Sign New Oil Supply Agreement

Date : Mar 28, 2017

Nepal Oil Corporation (NOC) and Indian Oil Corporation (IOC) on Monday signed a new petroleum supply agreement that is expected to smoothen supplies of petrol, diesel and cooking gas from India. Nepal and India first signed a...

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Al Hassan Engineering Wins MEI Contract for Liwa Project

Date : Mar 30, 2017

Al Hassan Engineering Company said it has been awarded a RO38-million ($98 million) construction contract by Oman Oil Refineries and Petroleum Industries Company (Orpic) for its $3.6-billion plastic project coming up in Liwa region.   The contract was awarded by CCJV, a joint venture between energy infrastructure major Chicago Bridge & Iron Company (CB&I) and Taiwanese group CTCI Corporation, which is responsible for providing the engineering, procurement and construction package for cracker Package 1.   As per the deal, the company will carry out the civil and MEI (mechanical, electrical and instrumentation) construction works rela...

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QSTec Starts Operation at Polysilicon Facility in Qatar

Date : Mar 28, 2017

Qatar Solar Technologies (QSTec), a leading solar company, said that it has produced its first polysilicon at its 8,000 metric tonnes per annum (MTPA) manufacturing facility in Qatar.

 

QSTec,...

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Dewa Hosts Conference for Pre-qualifiers of 200MW CSP

Date : Mar 28, 2017

Dubai Electricity and Water Authority (Dewa) hosted a conference for international developers who have been qualified to submit tenders for the 200 MW concentrated solar power (CSP) plant based on the...

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GOI Signs Contracts Awarded Under Discovered Small Field Bid Round 2016

Date : Mar 28, 2017

The Government of India, today, signed the contracts of the fields awarded under the Discovered Small Field (DSF) Bid Round 2016 with the awardees at New Delhi. The event was presided by Petroleum Minister, Dharmendra Pradhan. The...

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Six Thermal Hydroelectric power Projects Coming up in Assam

Date : Mar 28, 2017

Six thermal power projects are being set up by the state-owned power generation company in Assam. The total combined installed capacity of these plants will be 992 MW.

 

Presently, there is no hydroelectric...

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UAE Signs-up PwC to Conduct Study on Power Sector

Date : Mar 27, 2017

The UAE Ministry of Energy has signed up global professional services network PricewaterhouseCoopers (PwC) to conduct a technical and economic study of the country's electricity sector, said a...

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Huawei to Establish Smart City Innovation Hub in Yanbu

Date : Mar 27, 2017

Investment Saudi Arabia and Royal Commission for Jubail and Yanbu have signed a milestone agreement with leading information and communications technology (ICT) company Huawei to establish a training academy and a smart city...

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DRPC Appoints Credit Agricole to Advice Duqm Project on Funding

Date : Mar 27, 2017

Oman’s Duqm Refinery & Petrochemical Co (DRPC) has hired Credit Agricole SA to advise on fundraising for its $6 billion project, a report said.

 

Credit Agricole will help DRPC raise more than $2...

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Wartsila Wins EPC Deal for 38 MW Power Plant in Saudi

Date : Mar 24, 2017

The technology group Wartsila will supply a 38 MW power plant to a Saudi Arabian customer. The turn-key engineering, procurement and construction (EPC) order includes four Wartsila 32TS engines. The order is booked in the first...

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Iran Begins Oil Recovery from South Pars Gas Field Oil Layer

Date : Mar 21, 2017

Iran says it has started pumping oil from the oil layer of South Pars gas field.

 

Deputy Managing Director of the National Iranian Oil Company (NIOC) for Engineering and Development Affairs Gholam-Reza Manouchehri announced...

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