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Koreans Snap Up $150mn Solar Project Contracts in ME

Date : Oct 21, 2021

Korean companies in the solar energy sector have snapped up contracts worth AED550 million ($150 million) from the UAE and Middle East companies, indicating the growing potential for solar services and products in the Middle East and North Africa region.

 

These contracts were signed at the recent Korea Energy Week UAE event held in Dubai where Korean solar energy companies signed over 19 MoUs with local partners for solar products and services.

 

"The show’s success endorses the robust market for solar products and services in the UAE and the Mena market, where investments could re...

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Abu Dhabi DoE Signs MoU with Khalifa University for Clean Energy Strengthening

Date : Oct 21, 2021

The Department of Energy in Abu Dhabi (DoE) has signed a Memorandum of Understanding (MoU) with Khalifa University of Science and Technology to strengthen Abu Dhabi's position as a global hub for clean...

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RIL to Acquire 40% Stake in Sterling & Wilson Solar

Date : Oct 21, 2021

Reliance Industries (RIL) said its subsidiary will acquire 40% stake in Sterling & Wilson Solar (SWSL) through a combination of primary investment, secondary purchase and open offer.

 

Reliance New Energy...

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CGD Network Expects to Cover 70% of India’s Population by 2030

Date : Oct 21, 2021

Gas demand will continue to grow in India in the medium term buoyed by increasing coverage of the city gas distribution (CGD) network, according to analysts.

 

As much as 70% of the population is expected to...

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Qatar Petroleum Rebrands as QatarEnergy

Date : Oct 19, 2021

Qatar Petroleum has changed its name to QatarEnergy, highlighting its understanding of global changes and its response to the need to protect the planet and its environment, said the company’s president and...

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Sabic Signs Agreement with WEF to Step Up Low-Carbon Initiative

Date : Oct 19, 2021

Sabic has entered an agreement with the World Economic Forum (WEF) and other global chemical sector companies targeted at formalizing the low-carbon emitting technologies (LCET) initiative into a stand-alone entity by...

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Genel Energy Updates on Tawke PSC

Date : Oct 19, 2021

Genel Energy plc notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has issued the following update.

 

Gross operated Tawke licence production including the Tawke and Peshkabir...

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Dewa Attracts Investments of $10.9bn Using IPWP Model

Date : Oct 19, 2021

Dubai Electricity and Water Authority (Dewa) has attracted investments of around AED40 billion ($10.89 billion) using the Independent Power and Water Producer (IPWP) model, revealed Saeed Mohammed Al Tayer, MD and CEO of...

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Welspun Corp Joins Global Research Project to Develop Guideline on Hydrogen Pipelines

Date : Oct 19, 2021

In a statement, Welspun Corp said it is the first company from India to join the H2Pipe Joint Industry Project on Hydrogen Pipelines launched by leading industrial certification body DNV AS Energy Systems Pipeline...

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MAN Energy, DP World Sign Agreement for Maritime Energy Transition

Date : Oct 18, 2021

Germany’s MAN Energy Solutions has signed a cooperation agreement with DP World, the leading provider of smart logistics solutions, to further maritime energy transition.

 

Effective immediately, the...

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SWCC, Cummins Arabia Ink MoU on Hydrogen Production

Date : Oct 21, 2021

The Saline Water Conversion Corporation and Cummins Saudi Arabia Company has signed a memorandum of understanding on developing a hydrogen gas production plant.   The Corporation intends to implement this project in the context of its commitment to developing innovative sustainable solutions for the water industry sector globally.   This initiative is in line with the Kingdom's Vision 2030 of adopting clean energy in its projects and diversifying its economic resources to lead the world in the production of alternative energy.   With the financial ability of Cummins to deploy large-scale hydrogen projects, backed by global pr...

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Boskalis Westminster to Start Dredging Work at Bahrain Steel Project

Date : Oct 21, 2021

Leading Dutch dredging group Boskalis Westminster Contracting is set to start dredging and reclamation work for a key project of Bahrain Steel Company.

 

The material dredged from the project site, located on...

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India: RIL to Transform Energy Business

Date : Oct 19, 2021

Billionaire Mukesh Ambani's Reliance Industries Ltd plans to transform its energy business with an over-arching strategy to offer decarbonisation solutions globally at a competitive price in a market potentially worth USD 5 trillion by...

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Manila Water Consortium Secures Second Contract in Saudi Arabia

Date : Oct 18, 2021

Manila Water, a leading wastewater services company said its consortium with French water distributor Saur Group and Saudi’s Miahona Company has secured a contract worth $59 million for the management, operations and maintenance of the...

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RVNL Signs MoU with Braithwaite & Co

Date : Oct 18, 2021

Rail Vikas Nigam (RVNL) has entered a memorandum of understanding (MoU) on 5 October 2021 with Braithwaite & Company (BCL).

 

RVNL/BCL consortium will explore the 400 kV/220 kV GIS, AIS substation works,...

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Shipco and GE Mark ‘First Fire’ of Second Gas Turbine of Hamriyah IPP

Date : Oct 14, 2021

Sharjah Hamriyah Independent Power Company (Shipco) and GE marked the successful ‘first fire’ of the second H-class gas turbine at the 1.8 gigawatts (GW) Hamriyah Independent Power Plant (IPP) in Sharjah,...

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Iraq to Initiate Talks with Chevron to Develop Exploration Blocks in Dhi Qar

Date : Oct 14, 2021

Iraq Ministerial Energy Council has approved a dialogue with US energy giant Chevron to develop four exploration blocks in the southern Dhi Qar province.

 

The Energy Council in a statement said that the...

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Kuwait Extends Bid Deadline for Power Plant Privatisation Role

Date : Oct 14, 2021

Kuwait’s government has extended the bid submission date to 23 November for the transaction advisory (TA) role on the planned privatisation of the North Shuaiba power and water plant

 

Kuwait’s...

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JSW Energy Signs Pact with GE Renewable Energy for Supply of Wind Turbines

Date : Oct 14, 2021

JSW Energy has signed a contract with GE Renewable Energy for supply of 810 MW of onshore wind turbines for its under-construction pipeline of 2.5 GW of renewable projects.

 

The supply of the turbines will...

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Saipem Wins $28mn Drilling Contract in UAE

Date : Oct 13, 2021

Sharjah National Oil Corporation (SNOC), UAE announces in a statement that it has awarded a new drilling contract.

 

The contract worth $28 million has been awarded to...

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