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Investcorp buys stake in Saudi energy firmBahrain-based Investcorp has bought a 38 per cent stake in a Saudi oil and gas services company and expects to complete up to three more deals via its $1 billion Gulf fund in 2013, an executive at the firm said. Investcorp is buyi More… |
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Investcorp buys stake in Saudi energy firmBahrain-based Investcorp has bought a 38 per cent stake in a Saudi oil and gas services company and expects to complete up to three more deals via its $1 billion Gulf fund in 2013, an executive at the firm said. Investcorp is buyi More… |
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Forum to focus on enery sector technologyThe concept of communication between devices, machines and bringing energy fields closer to each other will be the focus of a conference to be held next week in Abu Dhabi. The M2M Technology Forum, organised by IQPC, will be held More… |
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Focus on safety of energy facilitiesExperts will address the geo-politics of energy, and safey and security of energy infrastructure in the Middle East at a forum, to be held in November in Dubai. The 9th Middle East Energy Security (Meesec) Forum, to take place fro More… |
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DP World in deal to cut carbon emissionsGlobal marine terminal operator DP World has signed a MoU with the Dubai Carbon Centre of Excellence (DCCE) to review its operations in the region and identify energy reduction opportunities. The five-year agreement, inked on the More… |
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DP World in deal to cut carbon emissionsGlobal marine terminal operator DP World has signed a MoU with the Dubai Carbon Centre of Excellence (DCCE) to review its operations in the region and identify energy reduction opportunities. The five-year agreement, inked on the More… |
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First batch of Irena scholars to graduate in JuneA group of 18 International Renewable Energy Agency (Irena) scholars will graduate in June this year, after completing their two-year programme. The Irena Scholarship programme at Masdar Institute of Science and Technology, a grad More… |
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Kuwait 'will burn 900,000bpd for power needs'Kuwait will have to burn 700,000 to 900,000 barrels of oil per day to generate electricity and desalinate water by 2030, said a top official from the Ministry of Electricity and Water. This represents about 20 per cent of Kuwait&r More… |
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Taqa buys BP energy assets for $1.05bnAbu Dhabi National Energy Company (Taqa) said it has completed the acquisition of UK North Sea oil and gas assets from BP which will help add 20,000 barrels of oil equivalent per day (boed) to its present output. The assets were a More… |
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ACC to substitute natural gas with coalEgypt-based Arabian Cement Company (ACC) has taken all steps needed to substitute natural gas with coal and refused derived fuel (RDF) as energy sources in its plant, said its CEO Jose Maria Magrina. He said that the company has a More… |
