Saturday 22 October 2016

UAE nuclear power project closes financing

The Emirates Nuclear Energy Corporation (Enec) and the Korea Electric Power Corporation (Kepco) announced today the formal financial close of the funding for the UAE's Barakah Nuclear Energy Plant project. The fund will be managed by the recently created subsidiary, Barakah O


Dewa launches region's first kinetic energy park

Dubai Electricity and Water Authority (Dewa) opened the first smart kinetic energy park in the Middle East and North Africa (Mena) region at Dubai Ladies Club. The Al Saada Park is the first smart platform of its kind in the Mena region that promotes exercise, entertainment, and


Enec, Kepco sign JV for UAE nuclear energy project

Emirates Nuclear Energy Corporation (Enec) and Korea Electric Power Corporation (Kepco) have signed a joint venture (JV) agreement for a long-term partnership and cooperation for the UAE’s peaceful nuclear energy programme. Kepco, the prime contractor for the Barakah nuclea


Nakilat takes over LNG fleet management from Shell

Nakilat Shipping Qatar Limited (NQSL) has signed an agreement with Shell International Trading and Shipping to begin the planned phased transition of the management of Nakilat’s LNG fleet from Shell to NSQL. Shell has provided a range of shipping services to Nakilat’s


Oman's key power plant work on track

Musandam Power Company (MPC) said construction work is currently the final stages at its gas-fired 120 megawatt (MW) power project coming up in the Musandam region of Oman. The plant will start commercial operation by early 2017, reported Times of Oman. A team f


Top Omani pipe manufacturer set for Big 5 debut

Oman’s leading plastic pipe manufacturer Muna Noor is set to make its debut at the upcoming Big 5, a leading international building and construction show, to be held from November 21 to 24 in Dubai, UAE, with a showcase of its innovative products. Muna Noor was established


Italian investors look to invest in Iranian petchem units

A group of Italian investors has visited Iran to discuss business opportunities in the petrochemical sector with major local companies, said a report. The delegation was headed by one of the main shareholders of Fiat Automobiles Ernesto Paulio arrived in the southern Iranian city


3M to showcase new fire protection fluid at Adipec

3M, a leader in developing innovative solutions, said it will showcase 3M Novec 1230 Fire Protection Fluid at the upcoming Abu Dhabi International Petroleum Exhibition and Conference (Adipec), in Abu Dhabi, UAE. The event will take place from November 7 to 10 at Abu Dhabi Nationa


Several injured in Aramco fire; Ops not impacted

Several workers were injured in a fire at a Saudi Aramco crude oil processing facility near Riyadh on Wednesday (Ocotber 19), the company said. The fire has been controlled and the company's operations have not been impacted, it said. "Saudi Aramco emergen


Musandam power project targets ops early 2017

Musandam Power Company’s (MPC) gas-fired 120 megawatt power project in Musandam, Oman will start commercial operation by early 2017, a report said. Project construction is currently in its final stages, while a team from Oman Oil Facilities Development Company visited the s

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