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His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC) discussed regional and global investment dynamics alongside the world’s leading global infrastructure and institutional investors during a panel session as part of the virtual series of the World Government Summit.
Speaking during the session titled ‘Regional and Global Investment Dynamics in the New Normal,’ H.E. Dr. Al Jaber explained how despite the impact of COVID-19 on global economies, the United Arab Emirates’ trusted business environment continues to attract world-class investment o... |
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Saline Water Conversion Corporation (SWCC) said its mega development Al Shaqeeq Desalination Plant has become operational in record time and well ahead of schedule (one-third of the specified time). It is now feeding 42,500 cu m of desalinated water per day to Asir and Jazan. The groundwork of the Al Shaqeeq project was laid in December last year and it got completed in only six months, it stated. Al-Shaqeeq is a pioneering industrial entity in the desalination industry, and an effective contributor to the national economy and comprehensive development. It is one of nine new plants with modern technologies set up on the Red Se... |
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KCA Deutag Secures $460mn Land Drilling ContractsDate : Jul 03, 2020Global drilling and engineering contractor KCA Deutag announced that its land drilling operation has won new contracts worth approximately $460m in the Middle East, Africa and Europe. |
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Acwa Power Eyes Iraq Solar PV ProjectsDate : Jul 03, 2020Acwa Power of Saudi Arabia is prepared to execute solar photovoltaic (PV) projects it has proposed to develop in Iraq once the new government gives permission to proceed.
Acwa Power proposed developing two... |
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India: AP Approves Proposal for a 10 GW Mega Solar Project for Agricultural SectorDate : Jul 03, 2020The Andhra Pradesh cabinet has approved the proposal to develop a 10 GW mega solar power project for the benefit of the farmers in the state. The project will supply nine hours of continuous power to the farmers during the daytime,... |
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ONGC, OIL Top Bidders for 11 Oil & Gas BlocksDate : Jul 03, 2020ONGC was the sole bidder for six blocks, OIL was the lone bidder in all the four blocks it bid for, the Directorate General of Hydrocarbons said. India's latest oil and gas block bid round attracted only 12 bids for the 11 areas... |
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Iran: Largest Methanol Tower Built LocallyDate : Jul 02, 2020MP METHANOL tower, designed as the largest tower in methanol units, was designed and built by Fateh Sanat's experts for Siraf Energy Methanol project.
Domestic manufacturing of the tower prevented $3 to... |
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Firms Submit Interest in $3.5bn Ras al-Khair Desalination and Power PlantDate : Jul 02, 2020Prospective investors have submitted expressions of interest (EOI) in the privatisation of the existing Ras al-Khair desalination and power plant, a deal which is likely to be worth up to $3.5bn and represents the first major utilties plant... |
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India: Deloitte, SBI Capital Markets Appointed to help UTs Power Discoms’ PrivatisationDate : Jul 02, 2020Deloitte and SBI Capital Markets have been appointed as consultants to help with the privatisation of Union Territories’ electricity distribution companies (discoms).
The state-run Power Finance Corporation... |
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Sparrows Completes Asry Crane Inspection Services in BahrainDate : Jul 02, 2020Sparrows Group, a global provider of specialist equipment and integrated engineering services to the oil and gas, renewables and industrial sectors, said it has completed its first project for Asry (Arab Shipbuilding & Repair... |
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Sewa Completes Implementation of 305-km Natural Gas NetworkDate : Jul 01, 2020Sharjah Electricity and Water Authority (Sewa) has completed the implementation of a natural gas network in all areas of Rahmaniyah, with a length of 305 km, bringing the length of the network in the city of Sharjah to 1,750... |
The Rajasthan State Agricultural Marketing Board (RSAMB) has floated a tender for about 1.6 MW of
The Haryana Renewable Energy Development Agency (HAREDA) has invited bids for developing 30 MW of
The Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a Letter of Award (LoA) to develop a 120
The Electricity and Water Authority (EWA) of Bahrain has received bids for the project Um AlHassa
The contract to provide advisory services for the development of all water and wastewater facilit
Al-Dhafra Petroleum, a joint venture company, has awarded a contract worth approximately $100mn f
