Saturday 18 November 2017

Abu Dhabi starts commercial operations at $1.5bn utility plant

Abu Dhabi Water and Electricity Authority (Adwea) has started the commercial operations at its Dh5.4-billion ($1.46 billion) Mirfa independent water and power plant (IWPP) located about 110 km from the UAE capital in the Dhafra region. The plant is the 10th facility to be built under t


Oil, gas will stay key energy source till 2040: Opec

Oil will remain the world’s largest source of energy over the next two decades, despite the increasing importance of renewables, predicts the latest edition of the Opec World Oil Outlook.   Released in an exclusive briefing to senior industry executives at


UAE to pump $1.9bn into British renewable energy sector

The UAE is set to invest £1.5 billion ($1.96 billion) in the UK in renewable energy sector, said Baroness Rona Fairhead, UK Minister of State for Trade and Export Promotion at the Department for International Trade (DIT). "Brexit will help the UK pursue a more open eco


Mideast oil and gas sector needs cybersecurity readiness boost

The threat of an industrial cyber risk on energy companies is rising, the risk of a breach coming from circumstances outside of their control is growing and their own security measures require a boost.    These are a few initial findings from a survey of oi


Adipec 2017 awards recognise energy industry innovation

Achievements in the oil and gas industry have been honoured, with the presentation of the prestigious Adipec Awards, rounding out the opening day of the Abu Dhabi International Petroleum Exhibition and Conference (Adipec).   The Adipec Awards recognise the achie


Fajr Capital exits investment in National Petroleum

Fajr Capital, a sovereign-backed private equity investor in the Middle East and Southeast Asia, has announced the exit of its investment in National Petroleum Services (NPS) to National Energy Services Reunited Corp. (NESR). Following the signing of a definitive agreement between


Foresight Group names Dubai global HQ

Foresight Group International Ltd (FGIL), a $1.5 billion global conglomerate with diversified interests around the world, has named Dubai, UAE as the site of its new global operational headquarters for its diversified operations. The announcement was made during the company&rsquo


Cable solutions designed to meet the toughest challenges

Prysmian Group, a world leader in the energy and telecom cables and systems industry, re-confirms its leading role in the cable industry presenting at Adipec high-tech solutions for the oil and gas sector.   Prysmian Group is at Stand 2210, Hall 2 exhibiting its


Real-time data to revolutionise oil and gas industry

Real-time data captured from the field and conveyed to the cloud via sensors and analytical engines can impact the profitability of entire oil and gas (O&G) businesses.    Building around this concept, Schneider Electric, the global specialist in energy


Emac hosts panel on arbitration and mediation services

In an effort to educate and enable stakeholders in the offshore oil and gas sectors, the Emirates Maritime Arbitration Centre (Emac) hosted The Advantage of Emac’s Arbitration Process in the Offshore Oil and Gas Sector on November 13 as part of Adipec 2017.  

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