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Qatar Starts Work on $250mn Mesaimeer Tunnel Project

Date : May 22, 2018

Qatar's public works authority Ashghal has begun work on the QR920-million ($251 million) Mesaimeer Pump Station and Outfall Tunnel project, aimed at providing a sustainable solution to discharge surface and storm water.

 

It is the second phase of the Mesaimeer Surface and Ground Water Drainage Tunnel Project, which will provide a sustainable solution for the discharge of surface and storm water, said a statement from Ashghal.

 

The project is being implemented by a joint venture between Hamad Bin Khalid Contracting Company and Porr Qatar Construction Company, while the project management...

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IOC Teams Up With MCPI to Set Up Rs 10 Billion Polyester Unit in Odisha

Date : May 21, 2018

Indian Oil Corporation (IOC) is teaming up with Chatterjee group arm, MCPI to set up an Rs 10 billion polyester staple fibre (PSF) unit in Odisha. This is part of an overall investment drive taken up by the state government to attract...

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India Becomes Third Largest Solar Market in the World

Date : May 21, 2018

In India every other institution is consuming electricity via solar cell panel, be it Delhi metro, education institution or government offices.

 

Mercom Communications India, an arm of global clean energy...

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Solar-Powered CSCS to Reach 2.50 Lakh Villages by Year-End

Date : May 21, 2018

The network of solar-powered Common Service Centres (CSCs), which act as access points for delivery of digital services, are set to be expanded to 2.50 lakh gram panchayats by the year-end, IT Minister Ravi Shankar Prasad said...

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Saudi PIF, SoftBank in Early Talks with Banks on Potential Funding for Huge Solar Project

Date : May 21, 2018

SoftBank Group Corp and Saudi Arabia's Public Investment Fund are in early talks with banks about potential funding for a multi-billion dollar solar power project planned in the kingdom, say sources familiar with the matter. The...

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Global Oil Glut Eliminated; OPEC Producers Still Cutting More than Pact Demands

Date : May 18, 2018

A global oil glut has been virtually eliminated, figures published by OPEC showed on Monday, thanks to an OPEC-led pact to cut supplies that has been in place since January 2017 and due to rising global...

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Bahri Adds New VLCC to Increase its Crude Oil Fleet Strength

Date : May 18, 2018

National Shipping Company of Saudi Arabia (Bahri), a leader in logistics and transportation, has taken the delivery of ‘Amad’, a very large crude-oil carrier (VLCC), further enhancing its market-leading capabilities in...

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OOCEP Signs Agreement for LPG Bottling Plant in Musandam

Date : May 18, 2018

A cooperation agreement to establish a Liquefied Petroleum Gas (LPG) bottling plant in Musandam was signed by Oman Oil Company Exploration and Production (OOCEP), Fund for Development of Youth Projects (Sharakah) and Bukha Development...

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UK Gov’t Backs Firms Willing to Work in Iran: Envoy

Date : May 18, 2018

The British Ambassador to Iran voiced his country’s support for British companies willing and capable of working in and trading with Iran.

Speaking to reporters following signature of a heads of agreement between the...

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McKinsey Working to Integrate Oman Refining, Petchem Assets

Date : May 17, 2018

Oman is working with consultancy Mckinsey & Co to integrate its refining and petrochemical industries into one entity, a senior Omani official and a financial source familiar with the matter...

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Bahrain to Launch Al Dur 2 IWPP in June 2020

Date : May 22, 2018

Bahrain's Electricity and Water Authority (EWA) said the Phase Two of the Al Dur 2 Independent Water and Power Project will start operations by early June in 2020.   The project, which is being developed in co-operation with the kingdom's private sector, reflects the government’s commitment to delivering comprehensive economic development in line with the principles of Bahrain’s Economic Vision 2030, said a senior minister.   "With the launch of the Al Dur 1, the total production capacity has reached 3921 MW and 179 million imperial gallons per day, representing a 45.9 per cent uplift in electricity production and a...

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Iran Increased Storage Capacity of Shourijeh Gas Facility

Date : May 22, 2018

The CEO of the Natural Gas Engineering and Development Company said the storage capacity in Shourijeh Gas Storage Facility would exceed 4.5 billion cubic meters.

 

Speaking to Shana, Hassan Montazer Torbati...

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Petronet LNG CEO Says Co Looking at Building LNG Terminal on India’s East Coast

Date : May 22, 2018

Petronet LNG CEO Prabhat Singh says co looking at building an LNG terminal on India’s East Coast. Company signed binding MoU with Sri Lanka, evaluating an FSRU project.

 

It deals with Sri Lanka could be finalised in...

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India Receives the 1st Cargo of ADNOC Crude Oil

Date : May 22, 2018

In a first, today, India received the 1st cargo of UAE crude oil for filling up one of the two Strategic Petroleum Reserve (SPR) caverns built by Indian Strategic Petroleum Reserve Ltd (ISPRL) at Mangalore. Earlier, on 12th May,...

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Ducab JV Completes Tapco’s 400kV Cable Circuit Project

Date : May 22, 2018

Ducab, a global leader in the manufacture of copper and aluminium wire and cable products, said its joint venture firm Ducab HV has successfully completed a 400kV cable circuit for an Abu Dhabi project two months ahead of...

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Swiss-based MSC Signs $1bn UAE Port Development Deal

Date : May 21, 2018

MSC Mediterranean Shipping Company, a Swiss-based leader in global transportation and logistics, is set to invest close to Dh4 billion ($1.08 billion) on the development of a new container terminal at Khalifa...

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Oman to Develop 3,000 MW Clean Coal Power Plant by 2025

Date : May 21, 2018

Oman is looking at developing up to 3,000 megawatts (MW) of power generation capacity based on clean coal technology by 2024 — a move dictated by the need to diversify the Sultanate’s fuel resource base and thereby secure...

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India Raises Iran Oil Imports in April to Highest Since October 2016 as US Sanctions Loom

Date : May 18, 2018

India's oil imports from Iran surged to 640,000 barrels per day (bpd) in April, its highest level since October 2016, according to data from shipping and industry sources, as refiners raised purchases ahead of looming U.S....

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NOGA Awards LNG Terminal Marine Services Deal to Netherlands Firm

Date : May 17, 2018

The National Oil and Gas Authority of Bahrain (Noga) has awarded a contract to Netherlands-based Smit Lamnalco for the supply of marine services to the Bahrain LNG Terminal.

 

Smit Lamnalco will deploy four...

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Kerala and NTPC Sign MoU for Increasing Solar Power Generation

Date : May 17, 2018

The Kerala State Electricity Board has signed a memorandum of understanding with the National Thermal Power Corporation for increasing solar power generation in the state.

 

The MoU, signed yesterday, also...

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