Tuesday 19 September 2017

Kuwait to maintain oil output rate till March

Kuwait will continue to implement the current oil production rate until March of 2018, Emirates news agency Wam reported, citing Kuwait News Agency. The Joint Opec-Non-Opec Ministerial Monitoring Committee (JMMC) has no authority over executive decisions to cont


Empower marks key milestone in carbon abatement

UAE-based (Empower), the world’s largest district cooling services provider, has marked a key milestone in carbon abatement by getting the official certified emission reductions (CERs) cancellation certificate issued by the UN Framework Convention on Climate Change (UNFCCC) for the succes


Top international firms vie for Oman IWP project

Four consortiums led by global players - JGC, GS Inima, Acwa and Tedagua - are in the race to develop an independent seawater desalination project in Sharqiyah area of Oman, with a desalination capacity of 17.6 million gallons per day in Oman. Oman Power and Water Procurement Com


GE, Hewlett Packard sign strategic partnership agreement

GE has signed a strategic partnership agreement with Hewlett Packard Enterprise (HPE) that will bring GE Digital’s breakthrough digital industrial solutions at scale to the Middle East, Africa and Turkey. The three-year agreement with HPE, is the first collaboration of this


ARTS Energy to showcase latest battery at Gitex

France-based ARTS Energy, a global player in design, industrialisation and manufacturing of storage systems of electrical energy, will participate for the first time at the upcoming Gitex, and will introduce its innovative Ni-MH battery solution for telecom and back up. The event


DowDuPont makes changes to breakup plans

DowDuPont, formed following the merger of chemical giants Dow Chemical and DuPont, has announced some key adjustments in the portfolio composition of the three independent companies it intends to form. The board unanimously concluded that, in light of knowledge gained since the announc


Chinese firm plans $2.8bn Omani petchem project

A Dalian-based company plans to build a petrochemical project with total investment of about $2.8 billion at a China-Oman industrial park in Oman, said a report. The plan was revealed during a promotion of Oman's Duqm Special Economic Zone held on Sunday in Dalian, Northeast


Oman set to launch tenders for solar IPP

Oman is expected to launch the tendering process for the setting up of the Sultanate’s first large-scale solar Independent Power Project (IPP) before the end of this year, a media report quoted a top official as saying. Major progress is being made in weighing the feasibili


Oman inks two deals to develop Dhofar wind farm

Oman’s Rural Areas Electricity Company (RAEC), part of Nama Group, has signed two agreements for the development of the Dhofar Wind Power Project, the first utility scale wind-based renewable project in the GCC, a report said. The first was a Power Purchase Agreement (PPA)


ADES plans expansion in Iraq, UAE

London-based ADES International Holding, a leading oil and gas drilling and production services provider in the Middle East and Africa, said it is stepping up operations in Iraq and the UAE. In its results for the first half (H1) of the year, the company said that it is “sc

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