Sunday 21 April 2019

Italy's Prysmian Group closes $1.12bn refinancing deal

Prysmian Group, a world leader in the energy and telecom cable systems industry, said it has refinanced its €1-billion ($1.12 billion) long-term revolving credit facility with a pool of leading Italian and international banks.   The strong interest shown by


Saudi Elenex to highlight green energy prospects

The International Show for Electricity, Alternative Energy, Lighting, Power Generation, and Water Technology (Saudi Elenex 2019) in Riyadh, Saudi Arabia will highlight promising opportunities in the renewable and clean energy sector. The 22nd edition of the event will take place


Global speakers for BDFEX Forum in Bahrain

International and regional speakers are expected to attend the upcoming “Downstream and local Content Oil & Gas Petrochemical Industry” in Bahrain, organizers of The Business Development Forums & Expo (BDFEX) announced. The forum will be held on April 24 and 2


Top Masdar executive named Tabreed CEO

UAE-based National Central Cooling Company (Tabreed) has appointed Bader Saeed Al Lamki as the company’s new chief executive officer effective April 21. An industry veteran, Al Lamki joins from Masdar, where he was the executive director of the Clean Energy Directorate. In


Empower unveils district cooling guides for property owners

Emirates Central Cooling Systems Corporation (Empower) has launched two guides for building owners and designers on district cooling services and operating systems. The launch comes following the naming of Dubai as a "Champion City" for global district cooling.


Apicorp announces record profitability, earnings for 2018

The Arab Petroleum Investments Corporation (Apicorp), a multilateral development financial institution established to foster the development of the Arab world’s energy sector and petroleum industries, has registered robust financial results across the business and increased profitability


Grandweld Shipyards delivers four crew boats to KOC

UAE-based Grandweld Shipyards has announced the delivery of four crew boats to Kuwait Oil Company (KOC). As per the contractual agreement signed in May 2017, Grandweld should build six pilot boats and four crew boats for KOC. Five boats have been delivered and the remaining five


Digitalization focus for UAE France Oil and Gas Connecting Days

Business France jointly with Evolen and the French Business Group recently hosted the 4th annual UAE France Oil and Gas Connecting Days focusing on digitalization, energy efficiency, new technologies for gas processing and plant operations. Launched in Abu Dhabi under the patrona


Siemens Saudi head named Oil & Gas CEO

Global technology major Siemens has appointed Arja Talakar as the new chief executive officer for its oil and gas unit. He will be based in Houston, US, the global headquarters for its parent operating company, Siemens Gas and Power. Talakar brings to this position extensive lead


GAC Abu Dhabi provides logistics support for Special Olympics

GAC Abu Dhabi, a leading shipping and logistics service provider, played a vital role in ensuring the success of recent Special Olympics World Games Abu Dhabi 2019, the largest sports and humanitarian event in the world this year. Abu Dhabi was the first city in the Middle East t

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