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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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Abu Dhabi DoE Signs MoU with Khalifa University for Clean Energy Strengthening

Date : Oct 21, 2021

The Department of Energy in Abu Dhabi (DoE) has signed a Memorandum of Understanding (MoU) with Khalifa University of Science and Technology to strengthen Abu Dhabi's position as a global hub for clean...

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RIL to Acquire 40% Stake in Sterling & Wilson Solar

Date : Oct 21, 2021

Reliance Industries (RIL) said its subsidiary will acquire 40% stake in Sterling & Wilson Solar (SWSL) through a combination of primary investment, secondary purchase and open offer.

 

Reliance New Energy...

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CGD Network Expects to Cover 70% of India’s Population by 2030

Date : Oct 21, 2021

Gas demand will continue to grow in India in the medium term buoyed by increasing coverage of the city gas distribution (CGD) network, according to analysts.

 

As much as 70% of the population is expected to...

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Qatar Petroleum Rebrands as QatarEnergy

Date : Oct 19, 2021

Qatar Petroleum has changed its name to QatarEnergy, highlighting its understanding of global changes and its response to the need to protect the planet and its environment, said the company’s president and...

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Sabic Signs Agreement with WEF to Step Up Low-Carbon Initiative

Date : Oct 19, 2021

Sabic has entered an agreement with the World Economic Forum (WEF) and other global chemical sector companies targeted at formalizing the low-carbon emitting technologies (LCET) initiative into a stand-alone entity by...

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Genel Energy Updates on Tawke PSC

Date : Oct 19, 2021

Genel Energy plc notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has issued the following update.

 

Gross operated Tawke licence production including the Tawke and Peshkabir...

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Dewa Attracts Investments of $10.9bn Using IPWP Model

Date : Oct 19, 2021

Dubai Electricity and Water Authority (Dewa) has attracted investments of around AED40 billion ($10.89 billion) using the Independent Power and Water Producer (IPWP) model, revealed Saeed Mohammed Al Tayer, MD and CEO of...

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Welspun Corp Joins Global Research Project to Develop Guideline on Hydrogen Pipelines

Date : Oct 19, 2021

In a statement, Welspun Corp said it is the first company from India to join the H2Pipe Joint Industry Project on Hydrogen Pipelines launched by leading industrial certification body DNV AS Energy Systems Pipeline...

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MAN Energy, DP World Sign Agreement for Maritime Energy Transition

Date : Oct 18, 2021

Germany’s MAN Energy Solutions has signed a cooperation agreement with DP World, the leading provider of smart logistics solutions, to further maritime energy transition.

 

Effective immediately, 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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Iran's Amir Kabir Petrochemical Plant to Launch €900m NGL Project

Date : Jun 28, 2018

Iran's Amir Kabir Petrochemical Plant has planned to launch a natural gas liquids (NGL) project, NGL 2300, with an investment of 900 million euros.

 

Director of the NGL 2300 Project at Amir Kabir...

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What ADNOC’s investment in the Ratnagiri Refinery Means for India

Date : Jun 28, 2018

Abu Dhabi National Oil Company (ADNOC) has become the latest global oil company to invest in the Indian oil and gas segment. The company has signed an agreement to partner with Saudi Aramco to buy 50 percent stake in the $44 billion...

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Nikki Haley tells PM Modi: It’s important India Cuts Dependence on Iranian Oil

Date : Jun 28, 2018

US Ambassador to the United Nations Nikki Haley told India's Prime Minister Narendra Modi on Wednesday it was important India cut its dependence on Iranian oil and said the United States would work to allow India to use an Iranian...

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Shell Hands Over Iraq's Majnoon Oilfield, says Officials

Date : Jun 28, 2018

Royal Dutch Shell has exited the Majnoon oilfield in southern Iraq and handed over its operations to the state-run Basra Oil, two Iraqi oil officials close to the deal said on Wednesday.

 

Officials from Shell...

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Maharashtra Govt Forms Study Committee for Floating Solar Power Plant

Date : Jun 27, 2018

The Maharashtra government has set up a committee to study issues related to the development of a 1,000-MW floating solar power plant at Ujani dam in Solapur district, officials said today.

 

Among other...

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HPCL, MRPL Boards Set to Take Up the Proposal for Merger by August

Date : Jun 27, 2018

The boards of Mangalore Refineries and Petrochemicals (MRPL) and Hindustan Petroleum Corporation (HPCL) are set to take up the proposal for merger of the two companies by August. After the acquisition of majority stake in the HPCL by...

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Fluor Announces Module Arrival for KIPIC Al-Zour Refinery Project

Date : Jun 27, 2018

Fluor Corporation announced that the first modules for the Kuwait Integrated Petroleum Industries Company (KIPIC) Al-Zour project have arrived in Kuwait. Fluor is working with its joint venture partners to deliver two engineering,...

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Govt to Launch Single Solar Power Bid of 100,000 Megawatt: R K Singh

Date : Jun 26, 2018

Union Minister R K Singh has said the government will bring single solar bid of 1 lakh MW, which would also include storage and solar equipment manufacturing components.

 

"The biggest (renewable energy)...

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SNC-Lavalin, Florexx Sign UAE Refinery Project Deal

Date : Jun 25, 2018

SNC-Lavalin, a leading project management company, said it has signed an exclusive agreement with Florexx International Investments for the extended basic engineering and subsequent design and delivery of an advanced topping...

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Gujarat Govt Announces Solar-Wind Hybrid Power Policy

Date : Jun 22, 2018

The Gujarat government has announced a new solar plus wind hybrid power policy in a bid to promote the simultaneous production of wind and solar power in the state.

 

Under this policy, various benefits can be...

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