Wednesday 1 July 2015
 
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power plants

Masdar, Acwa to build $9.4bn power plants in Egypt

Leading Gulf-based energy firms Masdar and Acwa Power has signed Memorandums of Understanding (MoU) with the Egyptian Electricity Holding Company to develop up to 4 Gigawatts of renewable and natural gas power generation projects in Egypt.

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Masdar, Acwa to build $9.4bn power plants in Egypt

Leading Gulf-based energy firms Masdar and Acwa Power has signed Memorandums of Understanding (MoU) with the Egyptian Electricity Holding Company to develop up to 4 Gigawatts of renewable and natural gas power generation projects in Egypt.

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Kuwait signs $3 billion deal to buy gas from BP

Kuwait signed a five-year liquefied natural gas (LNG) supply deal with BP on Tuesday, worth an estimated $3 billion, as it seeks to meet rising energy demand to power air conditioning during scorching Gulf summers. Kuwait, a major

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Saudi switch saves 550,000 bpd crude

Saudi Arabia will save 200 million barrels a year of liquid fuel by switching its power stations to more efficient combined cycle turbines, the head of Saudi Electricity Co (SEC) said on Tuesday in a speech reported by state media.

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Two plants boost Oman’s capacity by 1,500MW

Two independent power plants (IPPs) in Oman, which recently achieved full commercial production, will add nearly 1,500 MW of power to the Sultanate’s current existing capacity of about 4,500 MW. Sohar 2 and Barka 3 are coast

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Iran announces new nuclear moves

  Iran said it has found significant new deposits of raw uranium to feed its nuclear programme and has identified sites for 16 more nuclear power stations, just days before talks with Western powers over its disputed atomic progr

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US probes 'flaws' in power plant systems

  The US government is looking into claims by a cyber security researcher that flaws in software for specialised networking equipment from Siemens could enable hackers to attack power plants and other critical systems. Jus

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Nuclear crisis fears raised at GCC forum

Bahrain should have a permanent contingency plan and trained experts due to its proximity to nuclear power stations in the region, officials said. 'If there is a nuclear crisis, it will affect Bahrain and the neighbouring Gulf states,&

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S Korea to spend $43bn on power plants

South Korea plans to invest 49 trillion won ($42.6 billion) on power generation, including 14 nuclear power plants, by 2024 in a bid to meet growing power demand, the government said on Tuesday. Total power consumption is forecast to grow

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Iraq invites foreign firms to build power plants

Power-starved Iraq has invited foreign companies to build three power plants to boost the national grid by 1,250 megawatts, the Ministry of Electricity said on Saturday. The ministry said a 500 MW plant would be built in each of  the

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