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Masdar, Abu Dhabi Future Energy Company, has signed a green Revolving Credit Facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects.
The facility, which is the first green RCF in the Middle East, has been arranged with the UAE’s First Abu Dhabi Bank, FAB, Societe Generale Corporate & Investment Banking, Japanese multinational banking and financial services company Sumitomo Mitsui Banking Corporation, and pan-European global banking and financial services group UniCredit - ... |
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About seventy-five per cent of the petroleum pipeline jointly being constructed by India and Nepal has been completed, the Nepal Oil Corporation (NOC) stated. Speaking to source, Sushil Bhattarai, the acting managing director of the NOC confirmed that 75 per cent progress in the first transnational pipeline connecting India and Nepal has been achieved. "In the Nepali side, I think 70 to 75 per cent of the laying of the pipeline has been completed as of today. When you consider the distance from the Motihari (Bihar) to Amlekhganj (Nepal), we can take it as 50 per cent," Bhattarai said. The first petroleum pipeline extending from India's... |
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Siemens Offers to Boost Iraqi Power Capacity by 11 GWDate : Oct 10, 2018Siemens has offered to expand Iraq’s gas-fired power generating capacity by 11 GW over four years, according to the company.
Siemens Chief Executive Joe Kaeser presented the proposal to Iraqi Prime... |
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OMV Begins Oil Production at Abu Dhabi’s Offshore FieldsDate : Oct 09, 2018OMV, the international integrated oil and gas company based in Vienna, Austria said that it has commenced production at Abu Dhabi’s offshore Umm Lulu and SARB (Satah Al Razboot)... |
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Iraq Rehabilitates Qayara Oil Field in NinevehDate : Oct 09, 2018Oil Minister Jabar Ali al-Luaibi has announced the resumption of production at Qayara oil field in Nineveh province.
The field has been rehabilitated following its destruction by the Islamic State group (IS,... |
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Modi Inaugurates Mundra LNG Terminal in GujaratDate : Oct 05, 2018Indian Prime Minister, Shri Narendra Modi inaugurated the Mundra LNG terminal in the Indian state of Gujarat on the nation's west coast on Monday. The five mtpa Mundra LNG terminal has been developed by the Adani Group and Gujarat... |
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SoftBank Solar Projects on Track – PIFDate : Oct 05, 2018Saudi Arabia’s Public Investment Fund (PIF) has refuted media reports claiming that work has been shelved with respect to SoftBank Solar Projects and said the reports are completely... |
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Orpic’s Liwa Project on Track for 2020 CompletionDate : Oct 05, 2018Orpic, the nation’s refining and petrochemicals flagship, has revealed that Oman’s most anticipated transformational project, Liwa Plastics Industries Complex (LPIC), is currently 67 per cent complete across all... |
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India: Government Keen to Set Up 5,000 Bio-Gas Plants in 5 YearsDate : Oct 04, 2018Union Minister Dharmendra Pradhan on Monday said the government is keen to set up 5,000 Compressed Bio-Gas (CBG) plants in the next five years, as part of its efforts to bring down India's dependency on crude oil... |
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Dewa Raises Capacity of Jebel Ali-Al Hebab Water StationDate : Oct 04, 2018Dubai Electricity and Water Authority (Dewa) has increased the capacity of the Jebel Ali-Al Hebab water pumping station in Dubai at a cost of Dh 42.516 million ($11.57 million), a report said.
The project... |
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BPC Floats Tender for Land Acquisition for Indo-Bangla Oil Pipeline ProjectDate : Oct 03, 2018Bangladesh Petroleum Corporation (BPC) has floated a tender to appoint a consultant for carrying out land acquisition and requisition related activities for the India-Bangladesh Friendship Pipeline (IBFPL) route across Panchagarh,... |
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MAPNA Group Synchronizes Rumaila Plant Unit to the GridDate : Oct 03, 2018MAPNA Group synchronized the fourth unit of Rumaila Combined Cycle Power Plant to the Iraqi national grid on Thursday.
MAPNA Combined Cycle Power Plants Construction and Development Company (aka MD-2), the... |
The Oman Power and Water Procurement Company SAOC (OPWP) has invited firms to submit proposals fo
Rewa Ultra Mega Solar Limited (RUMS) has issued tenders for 1,500 MW grid-connected solar photovo
The Qatar General Electricity and Water Corp (Kahramaa) has named the firms pre-qualified to bid
NTPC India has awarded contracts worth Rs 2,900 crore for emission control equipment, to Bharat H
Saudi Aramco has invited firms to submit solicitations of interest (SOI) for a cogeneration power
Adnoc Refining has received technical bids for the Front End Engineering and Design (FEED) contra
