Sunday 27 May 2018

Nawah enters key phase of UAE nuclear plant ops

Nawah Energy Company (Nawah), the operator of the Barakah Nuclear Energy Plant, located in the Al Dhafra Region of Abu Dhabi, has entered the next phase of preparation for nuclear operations.    With the recent construction of Unit 1 by the Emirates Nuclear


Opec, allies likely to ease output as oil hits $80

Organisation of Petroleum Exporting Countries (Opec) and its allies are likely to gradually revive oil output in the second half of the year to ease consumer anxiety as prices trade near $80 a barrel, said Saudi Energy Minister Khalid Al Falih.   The Saudi comme


Dewa deal with Western Union on deposit refunds

Dubai Electricity and Water Authority (Dewa) has signed an agreement with Western Union to enable Dewa’s customers to conveniently collect their security deposit refunds from Western Union agent locations in the UAE and around the world.   According to the


Rosneft discovers new oilfield near Baghdad

Russian oil giant Rosneft has discovered a new oilfield some 350km south of Iraqi capital Baghdad, said a report. The new oilfield, named Salman, has been uncovered after more than a year of drilling in the unexplored region, reported The Moscow Times. The


Mubadala, Russia fund to develop Siberian oil fields

Mubadala Petroleum, the UAE-based leading oil and gas exploration and production company, and the Russian Direct Investment Fund (RDIF) have formed a joint venture Gazprom Neft to develop several oil fields in the Tomsk and Omsk regions of Siberia. RDIF and Mubadala Petroleum wil


Corporate sourcing of renewables growing: Irena

Companies in 75 countries actively sourced 465 terawatt hours (TWh) of renewable energy in 2017, an amount close to the overall electricity demand of France, according to a new report from the International Renewable Energy Agency (Irena). With the continued decline in the costs


Anabeeb strategy in tune with Saudi Vision 2030

Saudi-based industrial services leader Anabeeb has tailored the company’s strategy in such a way that it is in line with Saudi Arabia’s Vision 2030.    “We make an effective contribution to Vision 2030 first by boosting the employment of S


DNO reports payment for Tawke deliveries

DNO ASA, the Norwegian oil and gas operator, has reported receipt of $47.23 million from the Kurdistan Regional Government as payment for February 2018 crude oil deliveries to the export market from the Tawke license.  The funds will be shared by DNO and partner Genel Energy


Sabic wins carbon credits from UN

Saudi Arabia’s Sabic has received the second issuance of carbon credits from the United Nations for a Clean Development Mechanism (CDM) project at its Al-Bayroni manufacturing affiliate. The achievement makes Sabic  the only organization in Saudi Arabia to receive the


Oman National Engineering wins power plant deal

Oman National Engineering & Investment Company (Oneic) said it has been awarded a contract to provide operation and maintenance services for Shaleem and Al Hillaniyat Island power and desalination plant in the Dhofar governorate of the sultanate. A pioneer in construction of

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