Friday 22 March 2019

Enec signs MoU with Spanish nuclear group

The Emirates Nuclear Energy Corporation (Enec) said it has signed an agreement with Spanish state- owned company Enusa Industrias Avanzadas for collaboration and exchange of information and expertise in the field of nuclear fuel services. Enusa, which got incorporated in 1972, is


Saudi Electricity approves $199m cash dividends for 2018

Saudi Electricity Company (SEC) has announced plans to distribute cash dividends worth SR749.3 million ($199.3 million) to its shareholders for the fiscal year 2018 following recommendation from the company's board of directors. Announcing the board decision, SEC said the div


Saudi Arabia reveals details of $1.5bn solar energy plan

Saudi Arabia has revealed details of Phase Two of its National Renewable Energy Program (NREP) that will see seven solar photovoltaic (PV) projects being developed in the kingdom which will generate 1.52 GW energy and attract investments worth over $1.51 billion. NREP is a strategic in


PMI Saudi, PwC seal three-year partnership deal

PMI-KSA, the official country chapter of the Project Management Institute (PMI), has signed a memorandum of understanding (MoU) with PwC to promote project management excellence and advance the project management profession across Saudi Arabia over the next three years. The colla


AMS boosts Mideast operations with Demag cranes

Aertssen Machinery Services (AMS), a heavy lifting and heavy transport company, has expanded its key operations in the Middle East region with the addition of Demag CC 2400-1 and CC 3800-1 lattice boom crawler cranes. A specialist in the field of vertical and horizontal heavy tra


Kuwait's $27bn crude oil complex project on track

Kuwait Integrated Petroleum Industries Company (Kipic) said work is progressing well on the Al Zour Crude Oil Complex, being built at an investment of $27 billion, with nearly 80 per cent of the refinery project already completed. The mega oil complex is divided into three projec


Schneider Electric 'among world’s most ethical firms'

Schneider Electric, a leader in digital transformation of energy management and automation, has been recognized as one of the World’s Most Ethical Companies by the Ethisphere Institute, a global leader in defining and advancing ethical business standards. It is the ninth ye


Bahrain sets up Sustainable Energy Centre

Bahrain has established the Sustainable Energy Centre (SEC) through a royal decree by His Majesty King Hamad bin Isa Al Khalifa.   The SEC will be affiliated to the Cabinet and supervised by the Minister of Electricity and Water, said a Bahrain News Agency repor


Bahrain keen to further develop oil sector: Premier

Bahrain is keen to further develop its oil industry and also encourage new investment in it, His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa has asserted.   Bahrain boasts a long history in the oil industry and the sector is a major contri


Masdar displays 4GW green energy projects at summit

Masdar, Abu Dhabi Future Energy Company, said that its renewable energy portfolio has grown by 33 per cent over the past year, reaching 4 gigawatts (GW) of clean energy in operation and under development across 25 countries. Speaking at the Intersolar Middle East 2019 conference

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