Tuesday 25 September 2018

UAE cabinet approves power tariff cut for industrial sector

The UAE Cabinet, chaired by HH Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, has adopted a resolution to support the industrial sector by introducing reduced fees of electricity consumption for large, medium and small factories, reported state new


Al Salem Johnson Controls hosts industrial workshop

Al Salem Johnson Controls, a leading provider of integrated heating, ventilation and air-conditioning (HVAC) solutions and equipment, recently organised an industrial refrigeration workshop for its clients’ engineers and technicians in Jeddah. This comes in line with an ini


Gulf fertilizer production to hit 47m tonnes by 2025

The GCC fertilizer production capacity is likely to reach 38.9 million tonnes this year and poised to hit an estimated 47 million tonnes by 2025 growing at a CAGR (compound annual growth rate) of 7.7 per cent between 2007-2017. At 46 per cent, Saudi Arabia accounts for almost hal


ABB becomes Nobel International Partner

ABB, a global pioneering engineering company, has joined a select group of innovative companies to become a Nobel International Partner. The partners program operates in collaboration with Stockholm-based Nobel Media, the global outreach arm of the Nobel Foundation – whose


GPIC team visits Egypt fertilizer giant

A high-level delegation from Bahrain-based Gulf Petrochemical Co (GPIC) recently visited Abu Qir Fertilizers Company, a leader in the field of nitrogen fertilizer industry in Egypt, a media report said. Chairman Saad Abu Al-Maati, who received the delegation, said the visit comes


Besix completes major LNG terminal project in Bahrain

Besix, the largest Belgian construction company operating in the Middle East, said it has completed the design and construction of the Bahrain LNG (Liquefied Natural Gas) Import Terminal, located offshore Muharraq Island in Bahrain. The LNG Import Terminal forms a vital part of B


Enoc plans five stations next year in Sharjah

The Emirates National Oil Company Group (Enoc) plans to open five service stations in Sharjah 2019, with the number of stations in the emirate reaching 25 over the next five years, said a media report. The stations will include the latest technologies and equipment and will opera


Aramco, Schneider sign agreement for 4IR solutions

Saudi Aramco and Schneider Electric Saudi Arabia have signed an agreement to pursue a variety of Fourth Industrial Revolution (4IR) solutions under the Digital Transformation Program led by Saudi Aramco’s Technical Services. Ahmad A Al Ghamdi, manager of Saudi Aramco’


RAK Petroleum posts $31m net profit in H1

RAK Petroleum, the UK-registered and Oslo-listed oil and gas investment company, has announced a consolidated net profit of $31 million for the first six months of the year compared to a full year figure of $54.8 million last year.   The company holds a 40.45 pe


Naturgy-Kuwait fund JV wins 180MW Australia wind project

Global Power Generation (GPG), a joint venture between Spain's Naturgy Energy Group and the Kuwait Investment Authority (KIA), the country's sovereign fund, was awarded 180 MW wind farm project in Australia.   In a strategic move, KIA had bought a 25 per

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