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Adnoc, Nafis to create 13,500 jobs for UAE nationalsAdnoc and the Emirati Talent Competitiveness Council (Nafis) have signed a strategic collaboration agreement to create 13,500 new private sector jobs for UAE Nationals in Adnoc’s supply chain by 2028. The agreement supports the UAE’s goal to create More… |
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UAE mulls building a second nuclear power plant, says reportThe UAE is considering building a second nuclear power plant to meet growing demand for electricity in the oil-rich Gulf state, a government official told Reuters. As the final reactor of the UAE's only nuclear plant is set to start commercial ope More… |
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Global electricity demand set to grow by around 4% in 2024The world’s demand for electricity is rising at its fastest rate in years, driven by robust economic growth, intense heatwaves and increasing uptake of technologies that run on electricity such as EVs and heat pumps, according to a new report by the International Energy Agency (IEA).&nb More… |
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Dar to provide engineering, design services for Aramco projectsDar Al Handasah Consultants, (Shair and Partners), a Sidara Company, has announced that it has secured a major contract from Saudi oil giant Aramco for both its existing and new infrastructure projects. As per the deal, wh More… |
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Masdar's 2nd green bond raises $1bn to fund renewablesAbu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, has successfully raised $1 billion through its second green bond issuance, under its Green Finance Framework. The proceeds from the issuance will be deployed to fund More… |
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Soiltech signs contract with COSLCOSL Drilling has awarded Soiltech a contract for treating contaminated water on the harsh environment, semi-submersible drilling rig COSLPromoter, with startup in the third quarter of 2024. This is a substantial contract for Soiltech. COSLPromoter is working More… |
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TechnipFMC awarded large iEPCI contract by EnergeanTechnipFMC has been awarded a large integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Energean for its Katlan development in the Mediterranean Sea. This is Energean’s first project to use TechnipFMC’s configure More… |
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Top renewable energy experts set for Powerelec Bahrain 2024Powerelec Bahrain 2024, an international trade fair and conference on solar, renewables, storage, power and electrical industry will open in September in Manama in the backdrop of governments in the Mena (Middle East & North Africa) region actively seeking to reinforce and sustain circula More… |
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Middle East needs to take a cautious approach: Saxo BankSaxo Bank has advised a cautious approach for the Middle East, given the underlying fragility of the global economy. "The Q3 outlook reveals a complex financial landscape with significant implications for the Middle East. The region, heavily influenced by More… |
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KBR wins Kuwait Oil Company renewables, hydrogen contractKBR has been awarded an advisory consulting contract by Kuwait Oil Company for the development of a country wide masterplan for the production of 17GW of renewables and 25GW of green hydrogen by 2050. Under the terms of the contract, KBR will provide adv More… |
