Friday 15 December 2017

Aramco Trading opens office in Singapore

Aramco Trading, a unit of Saudi Aramco, has opened its first international office in Singapore as part of Aramco’s strategy to optimize value across the whole oil and products chain and service its our markets and customers. Oil product demand in Asia Pacific has grown over


Saudi Aramco to host supply chain forum

Saudi Aramco has announced that it will host an invitation-only forum for key suppliers on December 12-13, in Dammam, Saudi Arabia. The 2017 iktva SME Forum & Exhibition is Saudi Aramco’s principal engagement event with valued suppliers who form our energy sector ecosys


GUtech set to take part in Shell Eco-marathon

Shell Oman and the German University of Technology in Oman (GUtech) inked an agreement that will allow a student team from GUtech to participate in the eighth round of Shell Eco-marathon Asia taking place in early 2018. This will be the fourth time for Team Megalodon from GUtech


ABB unveils world’s most powerful HVDC transformer

ABB, a pioneering technology leader, has set another pioneering innovation record with the successful testing of the low and high voltage units of the world’s most powerful ultrahigh-voltage direct current (UHVDC) transformer. The +/-1,100 kV (1.1 million volts) UHVDC trans


Robust global demand/tight supply for oil in 2018: Report

Next year likely will see global oil demand expand again by 1.5 million barrels per day and US supply rise by 870,000 barrels per day – although Opec likely will at best maintain the cuts implemented in 2017, resulting in a balanced market, a report said. On these assumptio


Gazprom Neft commissions new gas plant in Iraq

Russia-based oil and gas major Gazprom Neft has launched the commercial operation of a 1.6 billion cubic metres capacity gas processing plant at its Badra field in Iraq. Alexander Novak, Minister of Energy of the Russian Federation, was present at the opening ceremony for the new


Dewa launches one-step scheme for utility services

Dubai Electricity and Water Authority (Dewa) has introduced its One Step initiative that reduces the number of steps needed to activate, deactivate, or transfer electricity and water services without needing to visit Dewa’s customer happiness centres.  It also provides

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