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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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Motiva Signs $10bn Technology Deals with US Firms

Date : Apr 12, 2018

Motiva Enterprises LLC, a wholly-owned downstream oil and gas subsidiary of Saudi Aramco, has signed technology agreements worth between $8 billion to $10 billion with US companies Honeywell UOP LLC...

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BP Approves Final Investment Decision on Ghazeer-Phase II Project

Date : Apr 12, 2018

BP sanctioned the second phase of Oman's giant Khazzan field, Ghazeer, which will add 500 million cubic feet of gas a day to its production following a final investment decision (FID) to develop the...

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Government Floats Proposal for India's First Offshore Wind Project

Date : Apr 12, 2018

The government has invited the industry to explore India’s first offshore wind energy project proposal, following its plans to achieve 5 GW project capacity by 2022 in this area which has not yet been explored in the...

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Bahrain’s Biggest Ever Oil Discovery may take 5 Years for Production

Date : Apr 12, 2018

Bahrain has reached an agreement with Halliburton to commence drilling two further appraisal wells this year, to further evaluate the potential of the reservoir, the kingdom’s largest ever discovery containing tight oil...

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World's Largest Solar Park to Come Up in Gujarat: CM Vijay Rupani

Date : Apr 11, 2018

Gujarat Chief Minister Vijay Rupani today approved setting up a 5,000 MW capacity solar park at the Dholera Special Investment Region (SIR), which would be the largest such entity in the world after its...

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Central Electronics Looking for EPC Contractors to Develop 12 MW of Solar Projects in Maharashtra

Date : Apr 11, 2018

The Central Electronics Limited (CEL), a public-sector enterprise of the government of India, is on the lookout for engineering procurement construction (EPC) contractors to develop 12 MW of grid-connected solar photovoltaic (PV)...

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Bahrain Launches its First 'Solar Home' with 7.8 kW Capacity

Date : Apr 11, 2018

Bahrain has unveiled the country's first ‘solar home,’ which is connected to the government's electricity network through a net metering system.

 

It allows individuals and establishments...

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Saudi Arabia, SoftBank Sign MoU to Build $200bn Solar Project

Date : Apr 11, 2018

Saudi Arabia and SoftBank Group have signed a memorandum of understanding to build the world's largest solar project in the kingdom at an investment of $200 billion, said a report.

 

SoftBank founder...

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Ras Al Khaimah Launches its First Petroleum Licensing Round

Date : Apr 11, 2018

UAE’s emirate Ras Al Khaimah announced the launch of its first petroleum licensing round and said it will set up an authority to regulate the tendering process.

 

The licensing round offers seven...

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IOCL, HPCL, BPCL to Invest Rs. 100 Bn for Bio-CNG Plants

Date : Apr 11, 2018

Oil marketing companies Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) plan to spend nearly Rs.100 billion to set up Bio-CNG plants across India to promote clean fuel and...

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