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Global nuclear power capacity to reach 494 GW by 2035The global nuclear power sector is experiencing steady growth due to the need for low-carbon baseload power, energy security, and decarbonizing industrial sectors. New capacity additions, advancements in reactor technology, and supportive policies have c More… |
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Scottish leaders back $1.9m AI app for energy recruitmentMoblyze, an AI-driven talent marketplace for the oil & gas and renewables sectors, is set to revolutionise the global energy job market. The platform, dubbed the 'Skyscanner of energy recruitment', streamlines the hiring process by matching skilled More… |
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OSP, Hyundai sign MoU for sustainable transportThe Oil Sustainability Program (OSP) signed a memorandum of understanding (MoU) with Hyundai Motor Company in Seoul, the capital of the Republic of Korea, aiming to accelerate innovation in the transportation sector and promote the adoption of environmentally friendly mobility solutions, repo More… |
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Adnoc's listed firms distribute $6.7bn dividends in 2024Adnoc Group's publicly traded portfolio companies collectively endorsed over $6.7 billion (AED24.6 billion) in annual dividend payments to shareholders for 2024, reflecting their strong financial health and commitment to shareholders value. At the Annual G More… |
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Vision Golfe 2025 to boost France-GCC tiesVision Golfe 2025 a flagship event involving government representatives, business leaders, and decision-makers to explore investment, economic exchange, innovation, and sustainable development opportunities in ten strategic areas of France-GCC collaboration, including energy transition. More… |
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Aramco, BYD to collaborate on new energy vehicle techAramco, one of the world’s leading integrated energy and chemicals companies, and BYD, a leading manufacturer of new energy vehicles and power batteries, have agreed to explore closer collaboration in new energy vehicle technologies. A Joint Develo More… |
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Trinasolar develops world’s first 800W+ tandem moduleTrinasolar, a global leader in smart PV and energy storage solutions, has announced that it has developed the world’s first industrial-standard solar PV module delivering over 800W of maximum power. The 3.1 sq m module, produced with 210mmx105mm pe More… |
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Wood to advance Ratawi field redevelopment in IraqWood has been awarded two new engineering and procurement framework agreements worth $11 million by TotalEnergies EP Ratawi Hub as part of the Gas Growth Integrated Project (GGIP), a multi-energy project designed to enhance the development of Iraq’s natural resources and improve the cou More… |
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KBR-AMCDE lands Aramco gas plants upgrade contractKBR-AMCDE, a leading provider of engineering services for both greenfield and brownfield projects, said it has been awarded a key contract by Saudi oil giant Aramco for upgradation of the Sulphur Recovery Units (SRUs) at the Haradh and Hawiyah gas plants. More… |
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Gulf Capital exits Kuiper Group via sale to India’s Asian Energy ServicesGulf Capital, one of the largest private equity firms investing from the GCC to the rest of Asia, has announced its full exit from Kuiper Group, in a strategic sale transaction to India-based Asian Energy Services. The transaction comes on the heels of the pre More… |
