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US Chiller Services wins Adnoc plants maintenance contractUS Chiller Services (USCS) said it has secured a major contract from Abu Dhabi National Oil Company (Adnoc) to provide comprehensive operation and maintenance services to three of the company's district cooling plants located at Ruwais City in the UAE emirate. As per the deal More… |
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Dana Gas buys back $133m sukukUAE-based Dana Gas, a leading natural gas company has now bought back a total of$133 million Sukuk in connection with Dana Gas’s 4 per cent Nile Delta Sukuk Ltd Certificates issued by Nile Delta Sukuk Ltd. The buyback has reduced the size of the Sukuk from $530 million to $ More… |
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Emerson joins forces with top energy group RepsolEmerson, a global engineering and technology company, and Repsol, a leading energy company, said they have established a strategic alliance to deliver advanced subsurface geophysical technologies to significantly reduce the time to prospect and produce first oil. More… |
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Dewa's schemes net $326m in water, power savingsDubai Electricity and Water Authority (Dewa) has announced that its conservation programmes and initiatives over the past 10 years have achieved significant savings in electricity and water use within various stakeholder groups. Cumulative savings between 2009 More… |
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Oil hits 4-month high after second straight weekly gainOil gained for a second straight week as Opec assured traders it’s committed to culling supplies ahead of a key meeting with allies in Azerbaijan this weekend, said a report. Futures advanced 4.4 per cent this week in New York and settled Friday just pen More… |
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Saudi's Acwa Power plans $3bn investment in EgyptSaudi-based Acwa Power, a major developer of power and water desalination projects, is set to invest around $3 billion in Egypt’s electricity projects during this year. The utility developer has collaborated with Hassan Allam Holding Company to establish More… |
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Petrofac awarded $1 billion EPC project in AlgeriaPetrofac has been awarded a contract worth around $1 billion with Groupment Isarene, the joint operating group set up by Sonatrach, Petroceltic and Enel, for the Ain Tsila Development Project in Algeria. Located around 1,100 kilometres south-east of Algiers, the Ain Tsila field w More… |
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Halliburton to develop Egypt’s young talentUS-based Halliburton has signed an agreement with the Egyptian Ministry of Petroleum & Mineral Resources (MoP) to support a specialized development program for Egypt’s middle management and young professional employees. The memorandum of understanding (MOU), which align More… |
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Delta unveils smart green products at Dubai expoDelta, a global provider of power and thermal management solutions, showcased its wide range of smart green products and solutions for the creation of energy-efficient cities at the recent Middle East Electricity 2019 (MEE 2019) expo in Dubai. A leading event for the power indust More… |
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Dewa wins top award for AI-based customer serviceDubai Electricity and Water Authority (Dewa) has won the Big Innovation Award from the US-based Business Intelligence Group for its virtual service that answers customer queries using artificial antelligence (AI). Rammas is available 24/7 in Arabic and English on Dewa's websi More… |
