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Thales Announces Launch of Cyber Consulting Hub in Dubai

Date : Apr 20, 2018

Thales, a global technology leader, has announced the launch of a Cyber Hub in Dubai that will cater to the UAE and the wider Middle East region.

 

The new hub will become a centre of excellence for Cyber Consulting, services to the region. The Middle East, and in particular the UAE, have huge digital ambitions and is becoming increasingly digitized across virtually all its major infrastructures. The Cyber Hub will harness Thales’s local expertise and use established world-class methodologies as well as cyber training, simulation and threat intelligence.

 

Thales has inv...

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Siemens Plans $500mn Mideast Digital Expansion in 3 Years

Date : Apr 20, 2018

Global technology powerhouse Siemens plans to boost its digital presence in the Middle East region with investments worth $500 million over the next three years.

 

Among these investments are the MindSphere...

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Kuwait Petroleum Corp Plans $113bn Investment Over Next 5 Years

Date : Apr 20, 2018

Kuwait plans to invest a whopping KD34 billion ($113 billion) over the next five years mainly to boost oil exploration and production activity both inside and outside the country.

 

This comes as part of...

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BP and Reliance Sanction Second Phase of Integrated KG D6 Development

Date : Apr 20, 2018

To develop ‘Satellite cluster’ deep-water gas fields in India, second of three projects; together all three projects to bring 1 bcf/d of new production by 2022. 

 

BP and Reliance Industries...

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Bharat Petroleum Mulls Starting Oil Trading Office in Singapore

Date : Apr 20, 2018

Bharat Petroleum Corp Ltd (BPCL) plans to start a trading office in Singapore in the near future to procure crude for its refineries and trade oil products, its head of refineries, R Ramachandran, said late on Wednesday. “We...

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NTPC Calls Tariff-Based Bids for 2,000Mw of Renewable Energy

Date : Apr 20, 2018

State-run power producer NTPC has called tariff-based bids to buy 2,000 MW of renewable energy, which it plans to blend with the costly coal-based capacity and sell to distribution companies under their existing...

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Woqod Increases Foreign Ownership Share to 49pc

Date : Apr 19, 2018

Qatar Fuel (Woqod) has increased the percentage of non-Qatari ownership to 49 per cent and also raised the maximum limit of individual ownership to 1 per cent of Woqod share capital.

 

Chief executive officer...

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Bahrain Oil Discovery to Stimulate Private Investments

Date : Apr 19, 2018

The discovery of hydrocarbon deposits containing at least 80 billion barrels of tight oil and 10-20 trillion cubic feet of deep natural gas in a new offshore field off the west coast of Bahrain – if verified by an international...

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Swiss-based TVP Solar Completes Solar Panels Study for Client in Kuwait

Date : Apr 19, 2018

Swiss-based TVP Solar, a leader in high-vacuum mirrorless solar thermal collectors based on patented technology, has announced the completion of a one-year study of its solar thermal panels at a live client site in...

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Statoil ASA May Re-Enter Indian Hydrocarbon Market in Partnership with ONGC

Date : Apr 19, 2018

Norway’s Statoil ASA is planning to enter India’s upstream hydrocarbon space in partnership with state-run ONGC for deep-water exploration, according to a report in Mint. India's exploration and production (E&P) of...

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Sanjay Kumar Moitra Takes Charge as Onshore Director of ONGC

Date : Apr 20, 2018

Director (Onshore) of Oil and Natural Gas Corporation (ONGC) as Director (Onshore), he will look after oil and gas production from ONGC's onshore fields. With over 35 years of experience in oil & gas production activities at various Indian basins, Moitra has conceptualised many out-of-box ideas for efficient resource management leading to implementation of a large number of complex and high-value projects in India's oil & gas industry.   Before assuming charge as Director (Onshore), Moitra headed the Bassein & Satellite (B&S) Asset in Western Offshore, Mumbai - the highest gas-producing and second highest oil producing Asset of...

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IOC & HPCL Signs Contract with RIL

Date : Not Given

Indian Oil Corp .IOC. and Hindustan Petroleum Corp Ltd .HPCL. have signed contracts with Reliance Industries to buy natural gas to replace costlier liquid fuel at their refineries. State-owned officials said IOC has signed a Gas Sale and Purchase...

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S.W.E.C. starts operating Shuaiba-3.

Date : Not Given

Shuaiba-3 plant with capacity of generating 900 megawatts of electricity has started operating at full capacity. The plant also...

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Cape wins $ 10 million award from BAPCO.

Date : Not Given

Bahraini Petroleum Company .BAPCO. has awarded a $10 million contract to Cape for the provision of access services on the...

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GDF Suez Plans Stake Sale in Bahrain Project

Date : Not Given

French gas and power group GDF Suez plans to sell its 30 percent stake in Bahrain's Al Hidd power and water desalination plant and has mandated HSBC as an adviser, two banking sources familiar with the matter said. The stake held by the world's biggest...

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Turkish Companies Bag $900m Contract

Date : Not Given

The Electricity Ministry of Iraq has awarded contracts worth more than $900 million to three Turkish companies for the installation of 20 gas turbines across the country. To be installed in Baghdad, Kerbala and Nineveh, the gas turbines will boost Iraq's...

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IOC May Buy 49% Stake in NPCIL Joint Venture

Date : Not Given

JK Ghai, director .finance., NPCIL said that Indian Oil Corporation .IOC. may acquire up to 49% stake in its proposed joint...

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World s largest L.D.P.E. plant commissioned.?

Date : Not Given

A world-scale low density polyethylene .L.D.P.E.. plant was started by LyondellBasell joint venture Saudi Ethylene and...

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India: Govt to Invite Bids for Solar Power Projects in Aug

Date : Not Given

The government will invite bids for INR 3,000 crore solar power projects with a capacity of 300 MW under the National Solar...

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Emal ahead of schedule to complete expansion project in mid-2014

Date : Not Given

08 Nov 2013: Emirates Aluminium .Emal. is ahead of schedule with the expansion of its production capacity to 1.3 million tonnes a year and expects to complete the project in mid-2014, the company's chief executive said on Wednesday. Emal's $4 billion...

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CPIL wins Rs.8.25Cr Contract from Steel Authority of India

Date : Not Given

Confidence Petroleum India .CPIL. rose 1.38% to Rs. 18.40 at 14:33 IST on BSE, after the company secured a contract worth Rs. 8.25 crore from Steel Authority of India for putting mounded propane tankage, pipeline, fire fighting & automation work at...

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