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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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Bahrain Govt Transfers NOGA Control to Oil Ministry

Date : Oct 11, 2021

Bahrain's government has abolished the National Oil and Gas Authority (NOGA) and handed over all its functions to the country's oil ministry.

 

According to a royal decree (No 99/2021) from His Majesty...

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Oil Prices Jump as OPEC+ Sticks to Planned Output

Date : Oct 11, 2021

OPEC+ has agreed to adhere to its July pact to boost output by 400,000 barrels per day (bpd) each month until at least April 2022, phasing out 5.8 MMbpd of existing production cuts.

 

U.S. West Texas...

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Vinci, Total, Air Liquide to Launch $1.7bn Clean Hydrogen Fund

Date : Oct 11, 2021

Vinci, a global player in construction and energy businesses, said it has joined hands with TotalEnergies and Air Liquide, a world leader in gases, to launch the world’s largest clean hydrogen infrastructure fund at an investment of...

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GE Wins $28.7mn Software Contract from EWA Bahrain

Date : Oct 08, 2021

GE Digital announced in a statement that the Bahrain Electricity & Water Authority (EWA) had signed a $28.7 million contract for software and services to modernize the Kingdom of Bahrain’s electricity and water...

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Bahrain EWA Signs $28.7mn Grid Software Deal with GE Digital

Date : Oct 07, 2021

The Bahrain Electricity & Water Authority (EWA) had signed a contract worth $28.7 million with GE Digital to deploy multiple solutions including software and services to modernise and control electricity and water networks in the...

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Dewa Partners with GMIS to Promote Clean Energy Growth

Date : Oct 07, 2021

The Dubai Electricity and Water Authority (Dewa) has partnered with the upcoming Global Manufacturing and Industrialisation Summit (GMIS) to promote the adoption of advanced technologies for energy efficiency and accelerate sustainable energy...

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IEA, Oman host Ministerial Meet on Clean Energy Transition

Date : Oct 07, 2021

Ministers from across the Mena region recently took part in a high-level dialogue hosted by the IEA and the Ministry of Energy and Minerals of Oman to share ideas on the roles clean energy could play in their economic...

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Qatar’s NPIM forms JV for Brazil Clean Energy Projects

Date : Oct 07, 2021

Qatar’s Nebras Power Investment Management (NPIM) has formed a joint venture (JV) with Brazilian energy investment firm Companhia Energetica Integrada (CEI) to operate and manage more than 13 GW of clean energy projects in...

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Reliance Sets Up a Subsidiary in UAE for Trading Crude Oil

Date : Oct 05, 2021

Reliance Industries said on Saturday it had set up a wholly owned subsidiary in the United Arab Emirates (UAE) for trading in crude oil, petroleum, petrochemical products and agricultural...

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Ma’aden hire 4 New Vessels to Transport Ammonia

Date : Oct 05, 2021

Saudi Arabian Mining Company (Ma’aden) has signed agreements with leading European shipping management groups Thenamaris LNG and Exmar Marine NV to hire a total of 4 vessels to transport ammonia produced by 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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