Monday 27 March 2017

GPIC achieves output targets

The Gulf Petrochemical Industries Company (GPIC) exceeded all production targets for 2016 and achieved new records, said a report in the Gulf Daily News (GDN), our sister publication. To read further, please visit


UAE joins world to mark 1oth Earth Hour

The UAE joined the rest of the world for the 10th annual Earth Hour by turning off lights at all landmarks and other famous sites on Saturday as part of a global effort to back action on climate change. Earth Hour is a worldwide movement for the planet organized by the World Wide


Asian LNG giants join forces to push for flexible deals

The world's biggest liquefied natural gas (LNG) buyers, all in Asia, are clubbing together to secure more flexible supply contracts in a move which shifts power to importers from producers as oversupply grows, reported Reuters. Japan’s Jera, the world’s largest


Penspen seals Mozambique JV pipeline deal

Penspen, a leading global provider of engineering and project management services, has been awarded a contract by Petrozim Line to provide engineering, procurement services, construction and commissioning supervision for the latest phase of capacity expansion of the Feruka-Harare multiproduct p


Al Duqm wins $163m Oman chemical project contract

Oman-based Al Duqm Global Construction said it has been awarded the main contract for the construction of the country's first sebacic acid plant being developed at a cost of RO63 million ($163 million) in Duqm region. The project, being promoted by Omani-Indian joint venture


Orascom ropes in Aconex for US petchem project

Orascom Construction,  a leading global engineering and construction contractor primarily focused on infrastructure, industrial and high-end commercial projects in the Middle East and North Africa (Mena) region, has signed up Aconex to manage project information and processes for a top gre


Saudi Aramco signs up Samba as IPO advisor

Oil giant Saudi Aramco has selected Samba Capital as one of two banks to work as an adviser on its planned share sale in Riyadh, said a report.    At least six investment banks pitched for a role advising the world's largest oil producer on its listing


Leminar wins British Safety Council award

Leminar Air Conditioning Industries, a leader in the HVAC (heating, ventilation and air-conditioning) ductwork manufacturing sector in the region, said it has won key recognition from the British Safety Council in recognition of its commitment to keeping its workers and workplaces healthy and s


Al Hassan Engineering wins Oman's Liwa project deal

Al Hassan Engineering Company said it has been awarded a RO38-million ($98 million) construction contract by Oman Oil Refineries and Petroleum Industries Company (Orpic) for its $3.6-billion plastic project coming up in Liwa region. The contract was awarded by CCJV, a joint ventu


Dewa nets $272m savings in utility costs

Dubai Electricity and Water Authority (Dewa) said it has achieved significant savings worth nearly Dh1 billion ($272 million) in the electricity and water sector over the last eight years.   Thanks to the numerous environmental programmes and initiatives and key awareness and

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