Oil, Gas, Petrochemicals & Renewables

Energy, Oil & Gas

Dubai event to highlight the role of lighting design in transport settings

Fri, 19 Dec 2025

Light + Intelligent Building Middle East 2026 will bring together regional and global industry experts to Dubai where they will discuss the role of lighting design in transport settings such as airports, metro stations, and bus terminals.

Energy, Oil & Gas

OQ commissions Ladayn Polymer Programme with 9 plants, $104m in investments

Thu, 18 Dec 2025

OQ, Oman’s global integrated energy group, has commissioned the Ladayn Polymer Programme at Suhar Industrial City. The inauguration marks the transition of nine manufacturing plants into commercial operations, representing a milestone in Oman’s downstream industrial development. The total investment in the programme’s current operational phase is approximately OMR 40 million ($104 million).

Energy, Oil & Gas

Chalhoub signs solar lease deal with Yellow Door Energy

Thu, 18 Dec 2025

Chalhoub Group, a premier luxury retailer in the Middle East, said it has signed a solar lease agreement with Yellow Door Energy, a leading provider of sustainable energy solutions, to bring clean electricity to the Group's key fulfilment hub in Riyadh.

Energy, Oil & Gas

Energy Development Oman upgraded to investment grade by Fitch Ratings

Thu, 18 Dec 2025

Fitch Ratings has upgraded the credit rating of Energy Development Oman (EDO) to investment grade at 'BBB-', assigning a stable outlook. This action follows the agency's recent upgrade of Oman's sovereign credit rating to the same level.

Energy, Oil & Gas

Acwa Power in deal to boost $5bn sustainable utility projects across Africa

Thu, 18 Dec 2025

Acwa Power has announced that it has signed a co-operation framework with African Development Bank (AfDB) to significantly strengthen collaboration in the development and funding of power generation and water desalination projects worth up to $5 billion across Africa.

Energy, Oil & Gas

Global energy demand rising steadily to meet AI needs: UAE Energy Minister

Thu, 18 Dec 2025

Suhail Al Mazrouei, UAE Minister of Energy and Infrastructure, said global energy demand is witnessing steady growth driven by the expanding needs of artificial intelligence (AI) and large-scale data centres, forecasting increased demand across all energy sources, including fossil fuels, which remain part of the global energy mix. He said the UAE is well-positioned to help meet rising global demand through continued investment in the energy sector.

Energy, Oil & Gas

Masdar completes first project in $1.3bn UK battery storage investment

Thu, 18 Dec 2025

Abu Dhabi Future Energy Company – Masdar has announced the start of commercial operations at its battery energy storage system (BESS) facility in Stockport; the first project to be completed under Masdar’s £1 billion ($1.3 billion) commitment to invest in UK battery energy storage.

Energy, Oil & Gas

Unique Group partners with RenOcean on subsea decommissioning

Thu, 18 Dec 2025

Unique Group has formed a strategic partnership with Norway-based RenOcean, a specialist in advanced subsea cutting, dredging, and seabed-intervention systems. The collaboration combines RenOcean’s precision tools with Unique Group’s global reach and engineering expertise to support operators across the full asset lifecycle, including decommissioning.

Energy, Oil & Gas

Flowserve acquires Greenray to expand gas turbine service

Thu, 18 Dec 2025

Flowserve has acquired Greenray Turbine Solutions, an OEM-certified gas turbine services provider with strong manufacturer relationships. The acquisition expands Flowserve’s engineering expertise and turbomachinery capabilities, supporting rising power demand from data centers and industrial facilities.

Energy, Oil & Gas

CECO Environmental secures record order exceeding $135m

Thu, 18 Dec 2025

CECO Environmental (CECO) has secured its largest-ever order, exceeding $135 million, for a comprehensive emissions management solution. The project supports a large Texas natural gas power facility for data centre expansion, delivering ultra-low emissions and advanced acoustic and thermal performance.