 |
IOC Middle East and RR Holdings sign JVIOC Middle East FZE, Dubai, a wholly-owned subsidiary of IndianOil Corporation, India’s largest refiner and marketer of petroleum products, and RR Holdings Ltd, Ras Al Khaimah, UAE, the holding company of Beximco LPG of Bangladesh, have signed an agreement for the formation of a 50:50 J More… |
 |
BP invests $5m in a cloud-based software firmThe global oil and gas industry needs to embrace a new business mindset and new digital skills if it is to reap the benefits from deploying advanced digital technologies, such as artificial intelligence, big data and analytics, robotics and quantum computing. More… |
 |
Saudi Electricity Company wins major ISO certificationsSaudi Electricity Company (SEC), one of the largest utility companies in Middle East and North Africa, has secured key ISO certifications - ISO/IEC 20000-1:2011 for Information Technology Service Management and ISO/IEC 27001:2013 for Information Security Management - from Intertek, a leading to More… |
 |
UAE provides a third of Japan's crude oil needs in MayJapan’s imports of crude oil from the UAE amounted to almost a third of its oil imports at 32%, or 22.6 million barrels, data from Agency for Natural Resources and Energy in Tokyo showed. The agency, part of the Japanese Ministry of Economy, Trade and In More… |
 |
Taqa, ADPower complete deal to create utility giantAbu Dhabi National Energy Company (Taqa) has announced the successful completion of its transaction with Abu Dhabi Power Corporation (ADPower), thus creating one of the largest utility companies in the Europe, Middle East and Africa (EMEA) region. The transaction – which wa More… |
 |
Linxon wins contract for 4 turnkey substations in IraqLinxon, a joint venture between leading engineering group SNC-Lavalin and technology leader ABB, has won an order of around $80 million from the Ministry of Electricity in Iraq for delivery of four turnkey 132/33 kV GIS substations. The contract forms part of the Electricity Sector Reconstruc More… |
 |
Taqa’s first quarter revenue drops to $1bnThe Abu Dhabi National Energy Company (Taqa) said that its earnings for the first quarter of 2020 has seen revenues decline 9 percent to AED 4 billion ($1.08 billion), reflecting a 21 percent drop in the price of oil and gas sold by the company on the same period last year. Taqa, More… |
 |
Trendsetter wins subsea connection systems contractTrendsetter Engineering, a privately owned oil and gas service company based in Houston, has won a contract from Subsea 7 for Murphy Exploration and Production Company’s King’s Quay Development. The scope of supply comprise more than 40 conne More… |
 |
Gas ‘key to decarbonising Mena energy sector’Gas-based power generation is poised to serve a critical role in helping to reduce emissions and complement the growth of renewable energy with highly efficient, flexible, affordable, and reliable baseload power, said an industry expert. “As they look to grow and develop fu More… |
 |
Dubai to explore opportunities in oil-rich MozambiqueMozambique is on its way to becoming one of the world’s largest energy producers, and its growing oil and gas market is ripe with business opportunities that companies in Dubai can capitalise on, industry experts said during a recent Dubai Chamber webinar. More… |
