Monday 25 September 2017

Trescorp to launch oil storage and bunker services in Sohar

Singapore-based Trescorp will set up a new 45-hectare terminal in Sohar Port in Oman with an investment of $600 million for oil storage and bunker services. The new facility will feature six deep-water berths, with 25-m drafts, one of them capable of receiving VLCC oil tankers of


Seatrade event opens in Abu Dhabi; 100 firms join show

The three-day biennial Seatrade Offshore Marine & Workboats Middle East conference and exhibition (SOMWME) was inaugurated today (September 25) by  Sheikh Dhiyab bin Mohamed bin Zayed Al Nahyan, chairman of the Transport Authority and member of the Abu Dhabi Executive Council.


Visionscape enters deal to buy Petlon Polymers UK

Visionscape Group, an environmental utility company, today announced that it has reached an agreement to acquire UK-based thermoplastics engineering company, Petlon Polymers.    The transaction is a strategic move for Visionscape and will enhance its global


District cooling 'key to energy storage in future'

District cooling and tri-generation will play an increasingly vital role in the storing and integration of intermittent renewable energy sources in the future, said an engineering consultancy expert.   “We are all aware that renewables are on the way to becoming the do


Amazon Web Services to open Mideast base in Bahrain

Amazon Web Services (AWS), an company, today announced that it plans to open an infrastructure region in the Middle East based in Bahrain by early 2019. The new AWS Middle East (Bahrain) Region will consist of three Availability Zones at launch. Currently, AWS provides


Bosch packaging technology wins Green Packaging Award

The first vertical form, fill and seal machine (VFFS) for producing dust-tight sealed paper packaging from Bosch Packaging Technology division has been honoured with the Green Star Packaging Award 2017 in the section "Save Food". The award is presented on an annual basi


Topaz Energy wins big contract in Azerbaijan

Dubai-based Topaz Energy and Marine, a leading offshore support vessel company, has announced a new contract with global energy giant, Total, to support its operations in the Azerbaijani market. A leading international offshore support vessel company, Topaz provides logistics support a


ABB to acquire GE Industrial Solutions for $2.6bn

ABB today announced the acquisition of GE Industrial Solutions, GE’s global electrification solutions business for $2.6 billion. GE Industrial Solutions has deep customer relationships in more than 100 countries and an established installed base with strong roots in North A


90pc of energy companies seeking smart tech JV

Ninety per cent of energy companies from the EMEA and Asia-Pacific regions are actively seeking a smart energy technology joint venture or acquisition, said a report by global 100 law firm Pinsent Mason. Energy technology bolt-ons will underpin the future of the global energy ind


Sohar Aluminium restarts production

Sohar Aluminium has restarted production after an interruption caused by an incident in August, the company said. “Sohar Aluminium has confirmed it has re-energised the potline, and on September 15 gradually began re-starting the pots and the production of aluminium,”

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