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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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UAE, Kuwait to Invest $220bn in Energy Sector by 2022

Date : Jun 26, 2018

The UAE and Kuwait have announced ambitious power capacity targets for 2022, that could see them invest over $220 billion each in the energy sector, said the Arab Petroleum Investments Corporation (Apicorp) in a new...

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UL-GCC Lab JV Receives Award for Innovation

Date : Jun 26, 2018

Gulf Renewables Lab, a UL-GCC joint venture based in Dammam, Saudi Arabia, has received a special award for its innovative and forward-thinking initiatives.

 

The joint venture was commended due to its direct...

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ADNOC Signs Pact to Take Stake in Ratnagiri Refinery Project

Date : Jun 26, 2018

Abu Dhabi National Oil Company (ADNOC) today signed an initial agreement to pick up a stake in the planned USD 44-billion refinery-cum-petrochemical project in Ratnagiri, Maharashtra.

 

ADNOC joins Saudi...

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OIL Makes Gas Discovery in Andhra Pradesh

Date : Jun 26, 2018

Oil India Ltd, the nation's second biggest oil explorer, today said it has made a second natural gas discovery in an onland block in Andhra Pradesh. The discovery was made in Krishna Godvari basin block KG-ONN-2004/1, which OIL...

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IOTC Preparing Khark Oil Terminal for 0.7mb Export Capacity

Date : Jun 26, 2018

Iranian Oil Terminals Company (IOTC) is providing the infrastructure for boosting loading and storage capacity of Khark Oil Terminal to up to 700,000 barrels per day, IOTC CEO said.

 

Speaking to source,...

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L&T Unit Ranked 2nd in Mideast’s Top 30 EPC Contractors

Date : Jun 25, 2018

Indian engineering and construction major Larsen & Toubro (L&T) said one of its key subsidiaries, L&T Hydrocarbon Engineering (LTHE), has been ranked second in the Middle East’s Top 30 EPC (engineering,...

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Lamprell, Asyad Holding to Set-up JV Company in Saudi Arabia

Date : Jun 25, 2018

UAE-based Lamprell, a major provider of fabrication, engineering and contracting services, said it will join hands with Asyad Holdings to set up a joint venture company in the kingdom as part of its regional expansion...

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Marafi, Dolphin Sign Agreement to Develop Terminal at Sohar Port

Date : Jun 22, 2018

Oman-based Marafi, an Aysad Group subsidiary, and Qatar’s Dolphin Integrated have signed a shareholders’ agreement to develop an aggregate terminal at Sohar Port, a media report said.

 

The...

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Saudi Aramco Technologies Co Signs Partnership Deal with Siluria

Date : Jun 22, 2018

Saudi Aramco Technologies Company, a subsidiary of the world’s largest oil company, and Siluria Technologies, a leader in disruptive process technologies for the petrochemical and energy industries have executed a...

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Bio-CNG Plants in Rural India Soon says Pradhan

Date : Jun 22, 2018

Union Minister for Petroleum and Natural Gas Dharmendra Pradhan on Thursday said there are plans to set up bio-Compressed Natural Gas (CNG) plants in India. He made this comment after visiting a bio-CNG plant in Stuttgart, Germany,...

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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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