Oman's Nama Power and Water Procurement has launched the RFQ process for the development of two renewable energy projects - Adam Solar IPP (integrated with a Battery Energy Storage System (BESS), and Sinaw Solar IPP - being set up at a total investment of RO398 ($1.03 billion).
Integrated Gas Company (IGC) has signed a new series of agreements under Oman's Spot Gas Market, expanding a market-based mechanism introduced last year to improve the allocation of the sultanate's natural gas supplies.
Valvoline, a global leader in automotive and industrial solutions, has announced the launch of its commercial business operations for the newly-formed Valvoline Arabia Lubricants Company (ValCo). Headquartered in Jeddah, ValCo's offices will serve as Valvoline's regional headquarters in Saudi Arabia.
Global utilities and leading power sector equipment manufacturers have come together to lay out a series of steps to help ensure the global grid supply chains can keep pace with soaring demand.
ADNOC Drilling Company has announced the successful delivery and acceptance of AD-300, the first AI-enabled, fully automated walking island rig, delivered nearly three months ahead of schedule, enabling earlier revenue generation and accelerating the rollout of the six-rig next-generation programme.
Leading Chinese group Jereh New Energy Regeneration and Recycling Tech (Jereh NER) has secured an oil-based drilling cuttings treatment service contract from Kuwait Oil Company. Once completed, each unit will be able to process 12 tonnes per hour, backing continuous large-scale KOC operations.
A global report warns the world is off track for universal energy access by 2030, with 655 million lacking electricity and two billion using polluting cooking fuels. Sub-Saharan Africa is most affected.
The Supreme Council for Financial and Economic Affairs has awarded the Bab Gas Cap concession to Adnoc and international partners. The project, the world’s largest gas cap development, is expected to produce 1.5 billion cubic feet of natural gas daily.
Panametrics, a Crane business and a leader in flare measurement, said it has launched the most advanced ultrasonic flare transmitter on the market, PanaFlare XGF1100, developed to improve how industries monitor and manage flare systems. It is mainly designed for use across oil & gas, chemical and other process industries,
Chevron and Microsoft have agreed to develop a 2.67 GW natural gas-powered facility in West Texas to supply a Microsoft data centre. Project Kilby aims to become one of the largest co-located power and data centre projects in the US.
