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Wintershall: Oil and gas production at record level…

Wintershall continues on growth course Robust portfolio ensures profitability Positive free cash flow despite low prices  Kassel / Abu Dhabi, March 23, 2017:  Wintershall is on a growth course despite the difficult conditions in the industry and attained an historic level of production in 2016 of 165 million barrels of oil equivalent (BOE). This means the company has increased its oil and gas production in the last ten years by around 50 percent. At the same time, Wintershall more than doubled its commercially recoverable oil and gas reserves in the same period from 814 million BOE to 1.62 billion BOE. “Solid foundations for further profitable growth in future too,” CEO Mario Mehren said at the company’s annual press conference and announced that the company would continue on its long-term growth ......read more

New Quality Benchmark Set During Construction of Unit 3 at the Barakah Nuclear Energy Plant…

Reactor Coolant Loop (RCL) pipe welding completed, establishing new quality benchmark for global industry Concrete pouring for containment building dome structure successfully completed  Abu Dhabi, UAE – 22 March 2017:  The Emirates Nuclear Energy Corporation (ENEC) has successfully completed the welding of Reactor Coolant Loop piping and the Reactor Containment Building (RCB) dome structure for Unit 3 of the Barakah Nuclear Energy Plant.  The completion of pipe welding for the Reactor Coolant Loop has set a new global benchmark for quality in pipe welding, and the RCB dome structure marks the completion of the major construction activities for the building which houses the main components. These achievements mark another set of safe and on-time milestones in the construction of Unit 3, which is now 69 ......read more

EDF Group joins Masdar-led consortium developing Phase 3 of Mohammed bin Rashid Al Maktoum Solar Park…

Abu Dhabi, United Arab Emirates; March 22, 2017:  EDF Group, via its subsidiary EDF Energies Nouvelles, a market leader in renewable energy electricity, has joined the Masdar-led consortium developing the 800-megawatt (MW) third phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The agreement formalising the company’s entry into the consortium was signed today by Jean-Bernard Levy, Chairman and CEO of EDF Group, and Mohamed Jameel Al Ramahi, CEO of Masdar, Abu Dhabi Future Energy Company.  His Excellency Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), His Excellency Michel Miraillet, Ambassador of France to the UAE, and Antoine Cahuzac, Group Senior Executive Vice President for Renewable Energies at EDF Group and Chief Executive Officer (CEO) of EDF Energies ......read more

The Countdown is on for UAE Entities Taking Part in Kazakhstan's "Future Energy" Expo 2017…

Dubai, UAE, March 22, 2017:  The clock is ticking for UAE entities as they look forward to taking their place in the UAE Pavilion – one of the largest – at the International Specialized Exhibition EXPO 2017 "Future Energy", which will be held in less than 80 days’ time. “With less than three months remaining until EXPO 2017, we are happy to announce that the preparations for the exhibition are almost over, and the participating countries are already starting to organize their pavilions”, said Akhmetzhan Yessimov, the Chairman of the Board of JSC National company Astana EXPO-2017. The United Arab Emirates will host one of the largest pavilions at the event, spread over 980 square metres, that will feature a presence from major UAE organisations. EXPO 2017 will run from 10th June to 11th ......read more

Arabian Gulf Chemicals Industry Grows at 3.7% in 2016 to 150 million tons of Capacity, Outpacing Global Growth…

Region outgrows global average of 2.2%  Dubai, United Arab Emirates, March 21, 2017:  The petrochemical industry in the Arabian Gulf region grew at 3.7%in 2016 reaching 150 million tons of capacity, according to an annual study by the Gulf Petrochemicals and Chemicals Association (GPCA), outpacing the global average growth of 2.2%. The figures emerged from ‘Arabian Gulf Industry Year in Review’ part of GPCA’s recently released Annual Report.  Released today by GPCA, the go to resource for industry data in the region, the study highlights that the industry’s growth is largely due to new capacity added in Saudi Arabia, the region’s largest petrochemical producer with 99.1 million tons of capacity, representing a 66% share of regional capacity.  While the report highlights a fall ......read more

Mega deals reshape the chemicals industry…

A surge of mega deals is approaching and will accelerate the “merger endgame” in multiple chemicals markets. United Arab Emirates, Dubai, 21 March, 2017:   Record-high M&A activity is set to transform the chemicals industry in 2017, according to A.T. Kearney’s new Chemicals Executive M&A Report. More than $300 billion of chemicals M&A deals are in the pipeline of which four pending mega deals represent 75 percent. Each of these large deals (Dow-Dupont, Bayer-Monsanto, ChemChina-Syngenta, Praxair-Linde) is valued between $40-70 billion, two to three times larger than any single deal seen in the past 10 years. “The planned mega deals highlight a broader trend of diversified chemicals companies shifting their portfolios toward more pure play models. This shift is incentivized by the higher ......read more

Eliminating Energy-Related Carbon Emissions Possible, New IRENA Study Finds…

Decarbonisation of global energy system, led by renewables and efficiency, would create economic gains Berlin, Germany, 20 March 2017 —  Global energy-related carbon dioxide (CO2) emissions can be reduced by 70% by 2050 and completely phased-out by 2060 with a net positive economic outlook, according to new findings released today by the International Renewable Energy Agency (IRENA). Perspectives for the Energy Transition: Investment Needs for a Low-Carbon Energy Transition, launched on the occasion of the Berlin Energy Transition Dialogue, presents the case that increased deployment of renewable energy and energy efficiency in G20 countries and globally can achieve the emissions reductions needed to keep global temperature rise to no more than two-degrees Celsius, avoiding the most severe impacts of climate ......read more

Collaborates with Ministry of Interior to Support GCC Traffic Week…

Abu Dhabi-UAE: 16 March, 2017:  In keeping with its corporate social responsibilities, ADNOC Distribution announced its support for the GCC Traffic Week taking place across the GCC region from 12 to 18 March 2017. The 33rd edition of the annual traffic safety campaign is running under the theme of ‘Your Life is Trust’.  Throughout its nationwide service station network, ADNOC Distribution is seeking to raise awareness about the importance of adhering to speed limits, along with the dangers of using mobile phones behind the wheel, driving without a seat belt, and parking in spots designated for people with special needs. Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, said: "As a key supporter of transport and mobility operations across the UAE, ADNOC Distribution recognises ......read more

Schneider Electric to boost IoT dialogue across MEA region at Innovation Summit 2017 in Dubai…

Company’s annual event from 11-12 April at Atlantis, The Palm to showcase advanced seamless digital connectivity platform -  EcoStruxure™  Set to draw participation of around 2,500 attendees from Middle East and Africa Dubai, UAE: 16 March, 2017:  Schneider Electric, a global specialist in energy management and automation, is set to highlight how the future of energy management and automation is being redefined at the IoT-themed Innovation Summit on 11 and 12 April at Atlantis, The Palm in Dubai. Currently in its fifth year, Schneider Electric’s flagship event will showcase the latest technologies providing homes, datacenters, hotels, healthcare, businesses, utilities providers and O&G operators with analytics, real-time data management and intelligence capabilities. The largest of ......read more

Technology and Innovation Key to Leveraging Heavy Oil's Untapped Potential, says Bapco Chief…

Bahrain Prepares to Host the Second Edition of the Middle East Heavy Oil Congress Middle East Holds Nearly 1 Trillion Barrels of Heavy Crude Oil, accounting for nearly 30% of World Reserves: Industry Report Kingdom of Bahrain – 13 March 2017:  Technology and innovation will play an instrumental role in securing heavy oil’s valuable position in the global energy mix, according to the region’s industry experts. Speaking ahead of the upcoming Middle East Heavy Oil Congress (MEHOC), the largest gathering of heavy oil professionals in the region, Dr Peter Bartlett, Chief Executive of the Bahrain Petroleum Company (Bapco), said overcoming the challenges associated with leveraging this complex – but invaluable – energy resource will depend on the industry’s ability to develop commercially viable ......read more

Oil Prices See Rises Despite Concerns Over the Growing US Inventory…

Oil prices on Thursday saw a healthy $1 rise, sparked by the reductions in production by OPEC and non-OPEC producers that came into effect on January 1st. This shows that investors are getting on board with the commodity, despite the concerns around the American crude oil inventory, which grew from 2.9 million barrels to 488.3 million barrels in just a week, according to the US Energy Information Administration. Balancing Supply and Demand OPEC countries agreed to reduce crude oil production as of the start of the year in a bid to fix the oversupply that has been experienced in many parts of the world. Before these measures came into place on New Year's Day, Saudi Arabia was shipping more oil than it had since May 2003 at 8.26 million barrels per day. Even though these were the highest export levels in well over a ......read more

ADNOC Distribution Opens Fifth ADNOC Xpress Station…

Bab Al Sharq Station in Mohammed Bin Zayed City Starts Operation Abu Dhabi,UAE, March 07, 2017: ADNOC Distribution announced the opening of Bab Al Sharq ADNOC Xpress station in Mohammed Bin Zayed City in Abu Dhabi as part of phase one of its plan to open 10 such stations to service the most congested areas of the city and its suburbs.  ADNOC Xpress stations have a longitudinal ground plan featuring one island with either two or three dispensers that offer only two fuel varieties. Stations with two dispensers span an area of 600 square metres, and those with three dispensers cover an area of 800 square metres. The Bab Al Sharq station offers Special 95 and E-plus 91 in line with the findings of the company’s survey that showed most customers in the area favour these two fuel types. Saeed Mubarak Al Rashdi, Acting Chief ......read more

ADNOC Distribution Expands its Marine Service Station Network…

Opens two new marine services stations in Abu Dhabi and Ras Al Khaimah Move to better serve needs of fishermen and boat owners Abu Dhabi, 05 March, 2017:  In line with the initiatives of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, to ensure the highest quality of life for the people of the UAE and support the country’s sustainable development, Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, opened recently Ghalila marine service station located near the Ghalila Fishermen Association in Ras Al Khaimah. The opening ceremony was attended by Eng. Abdullah Al Neyadi, ‎Projects Unit Head at Crown Prince Court, Munther Mohammed Bin Shekar, Director-General of Ras Al Khaimah Municipality, Eng. Ahmed Mohammed Ahmed Al Hammadi, Director General of Public Works ......read more

Regional Sustainability Leader George Berbari Turns Up the Heat on Global Warming in Thought-Provoking New Book ‘The Energy Budget'…

CEO of UAE-based DC Pro Engineering outlines the future for energy and why it is vital governments budget the use of power to save the environment Dubai, UAE, March 2, 2017:  “Global Warming is the biggest failure of the human race.” So says world-renowned energy expert George Berbari in his new book ‘The Energy Budget’, which was launched last night (Wednesday) in a grand ceremony at the RODA Murooj. More than 250 people, including distinguished guests such as H.E. Sami Nmeir, Lebanon’s Counsel General in Dubai, Dr. Khalid Omar Al Midfa, Chairman of Sharjah Media City, municipal figures, sustainability champions and leading members of the UAE and international media, were in attendance to hear ‘The Energy Budget’ author talk passionately about what he feels is the culmination of his ......read more

Phase One of ADNOC Xpress Network on Schedule…

ADNOC Distribution Opens Two New Xpress Stations in Abu Dhabi City Abu Dhabi, 01 March, 2017:  ADNOC Distribution announced the opening of two new Xpress stations in Abu Dhabi city as part of phase one of its plan to open 10 such stations to service the most congested areas of the city and its suburbs. The new stations are Al Qurm Xpress station, located on Sheikh Zayed Road, and Al Khubaira Xpress station, situated on King Abdullah bin Abdulaziz Al Saud Street in the Al Bateen area. ADNOC Xpress stations have a longitudinal ground plan featuring one island with either two or three dispensers that offer only two fuel varieties. Stations with two dispensers span an area of 600 square metres, and those with three dispensers cover an area of 800 square metres. The Al Qurm and Al Khubaira Xpress stations offer Super 98 and Special ......read more

ADNOC Signs 10-Year Vitol Deal for the Sale of 528,000 Tonnes Per Year of LPG…

Agreement creates long-term value and will help protect ADNOC from energy market fluctuations  Abu Dhabi, UAE – February 22, 2017:  The Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Vitol, the world’s largest independent energy trader, for the sale of up to 528,000 tonnes per year of LPG, to Vitol, over the next 10 years. The long-term agreement, backdated to January 1, 2017 and which will expire on the 31st of December 2026, was signed on the side-lines of International Petroleum Week (IP WEEK), taking place in London, by Abdulla Salem Al Dhaheri, ADNOC Sales and Marketing Director and Russell Hardy, a member of Vitol’s Executive Committee. Al Dhaheri said: “ADNOC has implemented a new strategy toward its LPG sales by negotiating longer term contracts to cope with the ......read more

Empower Participates in the IDEA Campus Energy 2017 in Miami, USA…

HE Ahmad Bin Shafar: ‘We have a firm commitment to provide the best cooling services by using eco-friendly technologies and Dubai takes a front seat in global discussions of district cooling’  Themed as “A Sustainable Future”, the conference is held in sync with International District Energy Association (IDEA)’s Board of Directors Meeting Dubai, UAE, 21 February 2017:  HE Ahmed bin Shafar, CEO of Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, is participating in the IDEA Campus Energy 2017 which is being held in Miami, Florida, USA under the theme “A Sustainable Future”. This conference is held in sync with the IDEA Board of Directors Meeting.  HE Bin Shafar, who is a member of the IDEA Board of ......read more

ADNOC Distribution Opens Motor World Vehicle Inspection Centre in Al Shamkha, Abu Dhabi…

Abu Dhabi, 20 February, 2017:  ADNOC Distribution announced today the opening of a Vehicle Inspection Centre (VIC) for light vehicles within the Motor World service station located in the Al Shamkha area in Abu Dhabi.  The opening ceremony was attended by Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, Brigadier Ali Khalfan Al Dhaheri, Director-General of Central Operations at Abu Dhabi Police (ADP), and a number of ADNOC Distribution and ADP officials. The new facility provides inspection for light vehicles, as well as licensing and registration services for customers through an Abu Dhabi Police Vehicle Licensing Section office located within the premises. The VIC also incorporates branches of selected car insurance companies.  ADNOC Distribution is also set to open a car care ......read more

ADNOC Awards China National Petroleum Corporation 8% Stake in ADCO Onshore Concession…

Concession entry valued at AED 6.5 billion  Deal strengthens strategic and economic relationship between UAE and China Partnership will maximise onshore field value in support of ADNOC’s long-term growth objectives Abu Dhabi, UAE – February 20, 2017:  Abu Dhabi National Oil Company (ADNOC), today, signed an agreement with the China National Petroleum Corporation (CNPC), awarding it an 8% interest in Abu Dhabi’s onshore oil concession. CNPC contributed a sign up bonus of AED 6.5 billion ($1.77 billion) to enter the concession. The onshore concession is operated by the Abu Dhabi Company for Onshore Petroleum Operations (ADCO).  The agreement was signed by His Excellency Dr Sultan Ahmed Al Jaber, ADNOC Group Chief Executive Officer and member of the Supreme Petroleum Council of the Emirate of Abu ......read more

Innovation in the Spotlight at MEE 2017…

The 42nd edition of Middle East Electricity is underway with a key focus on the development and implementation of Smart Cities across the region Dubai, UAE, February 16, 2017:  Middle East Electricity (MEE), which opened yesterday at the Dubai World Trade Centre, has put innovation at the forefront of the 2017 edition, with a keen focus on smart innovations and the current market products and trends that come with it.  Hosted by the Ministry of Energy and in partnership with Dubai Municipality the event is showcasing a number of special features and content platforms designed to help the industry learn and develop in line with its goals to become smarter and more sustainable. Speaking on the side lines of MEE, H.E. Suhail Mohammed Al Mazrouei, Minister of Energy for the UAE, said, “Middle East Electricity has ......read more

ADNOC CEO: UAE Leadership Prepares for the Future to Empower Socio-economic and Human Development…

ADNOC has a disciplined focus on operational efficiency and enhanced performance Investments, collaboration, strategic partnerships and smart funding are key to meeting nation’s rising energy demand Cairo, Abu Dhabi, 15 February 2017:  His Excellency Dr. Sultan Ahmad Al Jaber, UAE Minister of State and ADNOC Group CEO said, today, the UAE is well prepared to meet future energy challenges and maintain its position as a reliable source of oil and gas, in support of the country’s socio-economic and human development goals. In line with the UAE leadership’s strategic goals, H.E. Dr Al Jaber said ADNOC is balancing a disciplined focus on operational efficiency and enhanced performance with the imperative to maintain targeted, investments in exploration, petrochemicals, technology and people, while ......read more

Dubai's Deputy Ruler Opens World's Largest Power Show…

The 42nd edition of Middle East Electricity opens with a key focus on the development and implementation of Smart Cities across the region Dubai, UAE, February 15, 2017:​  His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and the Minister of Finance of the UAE, officially inaugurated the 42nd edition of Middle East Electricity (MEE) in the presence of other VIP dignitaries. The theme of Middle East Electricity this year is ‘Smart Cities’. Hosted by the Ministry of Energy and in partnership with Dubai Municipality the event will be showcasing special features designed to help the industry learn and develop in line with its goals to become smarter and more sustainable. A new feature this year is the ‘Smart Cities Innovation Zone’. Located in Zabeel Hall 3, this dedicated ......read more

Panasonic Exhibits Latest Electrical Solutions at MEE 2017…

The leading eco solutions provider is showcasing its latest sustainable living concepts for the region at the three-day event Dubai United Arab Emirates: Panasonic, a global leader in technology, is showcasing its path breaking products in the energy creation, air conditioning, and lighting segments at Middle East Electricity (MEE) 2017, region’s largest power exhibition, happening at Dubai International Convention Centre on February 14-16, 2017. In line with governments’ efforts to encourage environmental sustainability and energy security in the region, Panasonic Marketing Middle East and Africa (PMMAF) is focusing on bringing in solutions that are ready meet the rising demand for renewable energy technologies as well as energy efficiency and electrical solutions. The Japanese manufacturer is introducing its ......read more

ADNOC to capitalise on increased sulphur processing capabilities and target new markets…

Sulphur production to double over next decade  Abu Dhabi, UAE – February 13th 2017:  The Abu Dhabi National Oil Company (ADNOC) plans to capitalise on increased sulphur processing capabilities, by doubling production and targeting new markets in Africa, Asia, South America and Australia, according to Omar Suwaina Al Suwaidi, ADNOC’s Gas Management Director. During his keynote speech, today, at the inaugural Middle East Sulphur Conference, Al Suwaidi said ADNOC’s clear focus is on retaining and strengthening the company’s competitive edge, and on maximising the value of the UAE’s natural resources, including sulphur, a by-product of gas processing.  Al Suwaidi said: “We produce 6 million tonnes of sulphur per year and we expect production to double over the coming decade, due to ......read more

Demand for Edible Oil in the MENA Region to Outstrip Global Average…

European refineries eager to capitalize on MENA region’s rising demand by leveraging dedicated ‘Fats & Oils’ segment at Gulfood 2017 Growth in low-fat, low-cholesterol and low-calorie oils driven by health-conscious consumer demand Dubai, UAE, February 13, 2017:  An increasing appetite for olive oil is spearheading strong demand for edible oils across the Middle East and North Africa (MENA), putting the sector on track to record a 5.3 per cent compound annual growth rate by 2021, far outstripping the forecasted 3.8 per cent global average, according to Euromonitor International, the market research provider. Euromonitor International also reported that soaring demand for olive oil, particularly in the United Arab Emirates and Saudi Arabia, is the result of an influx of Arab and Southern European ......read more

Other Top Stories from Energy, Oil & Gas
 
Feilo Sylvania making retrofit simple…

Feilo Sylvania is proud to be a Gold Sponsor of this year’s RetrofitTech Summit and Awards taking place at The Meydan Hotel, Dubai from 20-21 March 2017. The company will be displaying a raft of innovative lighting solutions that offer a high quality of light, energy-efficient performance and intuitive controls specifically designed for retrofit applications.  The event is now in ......read more

Dubai Mosques and Islamic Affairs Buildings to Go Green…

Etihad ESCO will soon float an ESCO tender for circa 650 facilities managed by Dubai’s Islamic Affairs and Charitable Activities Department Dubai, United Arab Emirates: Etihad ESCO, the leading energy management services provider will soon float a tender seeking energy efficiency and water saving solutions for 650 facilities under Islamic Affairs and Charitable Activities Department. ......read more

Kuwait to Tackle Climate Change with National GHG Inventory System…

The comprehensive National Inventory System will monitor critical data on climate change to help implement effective mitigation strategies Dubai, United Arab Emirates: After the successful delivery of UAE GHG Inventory for three consecutive years, Dubai Carbon is now cooperating with the UN Environment (UNEP) to develop a National Inventory System (NIS) for GHG Emissions in the state of ......read more

IFS and The Marsden Group collaborate on IoT offering for the oil and gas sector…

  IFS , the global enterprise applications company, and global IoT technology company The Marsden Group have signed a strategic partnership to jointly pursue opportunities in the oil and gas industry. The Marsden Group is a global technology company specialized in developing advanced analytics in support of IoT solutions for the upstream oil and gas market. From its offices in the ......read more

Panasonic Exhibits the Revolutionary HIT® Solar Panels at MEE 2017…

The HIT® solar panel’s low-temperature coefficient provides high-efficiency even in intense heat Dubai, United Arab Emirates: Panasonic Marketing Middle East and Africa (PMMAF) is showcasing its trademark high-efficiency solar solutions at Middle East Electricity (MEE) 2017, region’s largest power exhibition, happening at Dubai International Convention Centre on February 14-16, ......read more

ADNOC Distribution Announces New Retail Price of Unsubsidised LPG for Month of February…

Abu Dhabi, 12 February, 2017:  ADNOC Distribution has announced the new retail price of unsubsidised LPG cylinders for the month of February 2017. As per the announcement that is set on the 10th of every month, the new retail price is as follows: AED58 per 25lb up from the earlier marked retail price of AED53, and AED116 per 50lb from the earlier marked retail price of ......read more

The Petroleum Institute and Sharjah National Oil Corporation Enter MOU to Collaborate on ...…

Abu Dhabi, February 08, 2017:  The Petroleum Institute (PI) signed a Memorandum of Understanding (MOU) with the Sharjah National Oil Corporation (SNOC) to conduct research on its oil and gas exploration and production in Sharjah. The agreement aims to exchange knowledge between the PI’s research team and SNOC’s E&P experts and to provide Msc and PHD internship opportunities ......read more

Final Condenser for the Barakah Nuclear Energy Plant Safely and Successfully Installed…

A crucial component in the generation of electricity in power stations An important part of the process of turning energy from nuclear fission into electricity Abu Dhabi, UAE – 07 February 2017:  The Emirates Nuclear Energy Corporation (ENEC) has completed the installation of the condenser for Unit 4 of the Barakah Nuclear Energy Plant, being built in the Western Region of ......read more

Prysmian Group at Middle East Electricity 2017…

The Group showcases its full range of cables, including its most recent innovations for Construction, Power Transmission and Industrial applications Focus on PRY-CAM Monitoring Systems, TECSUN Solar cables and P-Laser, the most powerful cable solution for HVDC power transmission, with dedicated technical seminars Milan, 07 February 2017 – Prysmian Group, world leader in the energy and ......read more

ADNOC Distribution Opens Al Rgayyb Service Station in Western Region…

Abu Dhabi-UAE: 06 February, 2017:  ADNOC Distribution today announced that its new Al Rgayyb service station, located on the Ghayathi-Ruwais Road in the Western Region of Abu Dhabi, had started operations. The opening comes as part of the company’s ongoing expansion strategy that aims to meet the growing demand for its high-quality products and services in various parts of the ......read more

Gulf Oil Middle East launches specially formulated engine oil for SUVs…

Manchester United football legends Dwight Yorke and Peter Schmeichel unveil new lubricant in Dubai Dubai, UAE, February 6, 2017:  Gulf Oil Middle East – a wholly owned subsidiary of Gulf Oil International Ltd (GOI), which has a long-term partnership with the world’s leading football brand, Manchester United – has officially launched its new specially formulated ......read more

Jordan to host major Energy Summit under the Patronage of His Majesty King Abdullah II…

The audience is expected to surpass last year with attendees coming from 45 countries making Jordan a focal point for the energy industry in the region and throughout JIES delegates are able to interact and engage in purposeful meetings AMMAN, Jordan, February 1, 2017:  On 2-3 April 2017, Jordan will host the 3rd Jordan International Energy Summit (JIES) (www.JIES-Summit.com) under the ......read more

ENGIE awarded the Fadhili Independent Power Project in Saudi Arabia…

Dubai, UAE, January 31, 2017:  ENGIE has been awarded the contract and achieved financial closing for the greenfield Fadhili independent power project (IPP) in Saudi Arabia, the most efficient cogeneration plant in the country.  Located in the east of Saudi Arabia, 50 kilometers northwest of Jubail Industrial City, the Fadhili project is a combined cycled gas power plant with a ......read more

Etihad ESCO Submits Tender for Largest Rooftop Solar PV Project in the Region…

The entity will provide energy efficiency solutions to over 600 villas built under the Hatta Comprehensive Development Plan Dubai, United Arab Emirates- Etihad ESCO, the leading energy management services provider established by DEWA, has submitted a tender for the largest rooftop solar PV project in the region. Etihad ESCO will design and install the most comprehensive energy efficiency ......read more

ADNOC Signs Agreement For 5.86m Barrels Strategic Crude Oil Reserve in India…

Agreement exchanged in presence of HH Sheikh Mohamed bin Zayed and India’s PM Narendra Modi  Abu Dhabi, UAE – January 26, 2016:  In the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and India’s Prime Minister, Narendra Modi, the Abu Dhabi National Oil Company (ADNOC) and ......read more

ONGC Adds 10-15 Years Life to Existing Offshore Assets with Bentley SACS…

Oil and Natural Gas Corporation (ONGC) started its hunt for “Black Gold” in Indian waters in 1976 and is currently operating more than 265 offshore fixed jacket platforms in water depths ranging from 25 to 90 meters. Most of these platforms had a 25-year design life, with many of them having already outlived this milestone and many more approaching it. Additionally, modifications on ......read more

CMCS introduces Executive Training Program for Project Management Office…

UAE, January 25, 2017- Collaboration Management & Control Solutions (CMCS), the leading in Project Management Information Systems, has introduced an Executive Training Program for Project Management Offices (PMOs) in the UAE. The move is in line with the UAE Government’s announcement to launch a project for training and certifying over 500 public sector employees who are managing ......read more

Empower successfully concludes its participation in "World Future Energy Summit"…

H.E Bin Shafar: "Empower boosted cooperation with many international energy companies at the summit" Abu Dhabi, UAE, 22 January 2017:  Emirates Central Cooling Systems Corporation (EMPOWER), the world's largest district cooling service provider, successfully concluded its participation in the 10th World Future Energy Summit (WFES), as part of Abu Dhabi Sustainability Week ......read more

Saudi deficit set to narrow as oil prices rise…

Fisch Asset Management: Energy sector faces challenges but reasons for optimism in Saudi Arabia Despite World Future Energy Summit focus on Saudi diversification, oil revenues remain at heart of economic growth Proposed IPO of Saudi Aramco could see leverage up to a maximum of 2.5x and qualify for a rating in line with the sovereign I-CV issues independent ratings of A for UAE’s ......read more

ADNOC and Masdar's Carbon Capture Facility Holds Key to Limiting Industrial CO2 Emissions…

Abu Dhabi leads region in successful Carbon Capture Utilisation and Storage Abu Dhabi, UAE – January 21, 2017:  The world must recognise the increasingly important role Carbon Capture and Storage’ (CCS) can play in mitigating greenhouse gas emissions, the World Future Summit (WFES) has been told. CCS operations like Al-Reyadah, the joint venture between the Abu Dhabi National ......read more

World Future Energy Summit Sees 60% Growth in Buyer Demand…

High Interest in KSA 9.5 GW and India 175 GW Renewable Energy Deals Abu Dhabi, United Arab Emirates, January 19, 2017:  The 10thedition of the World Future Energy Summit (WFES) ended Thursday, with strong growth in commercial activity surrounding the event and the number of hosted business meetings surging by more than 60 per cent. Hosted by Masdar as part of Abu Dhabi Sustainability ......read more

Preparing for 2019 Abu Dhabi World Energy Congress, the Organizing Committee appointed the Project ...…

18 January 2017, Abu Dhabi, UAE:  Attended by His Excellency Eng. Suhail Al Mazrouei, UAE Minister of Energy and Chair of the UAE National Committee, His Excellency Dr Matar Al Neyadi, the Undersecretary of the Ministry of Energy and the Chair of the Organizing Committee signed today the Project Management Office (PMO) contract with Energy Events Experts (E3) to support the work of the ......read more

Estidama Villa Products Database Ownership Transferred from Abu Dhabi Urban Planning Council to Abu ...…

QCC to Focus on Energy Efficiency and Water Conservation Certification Schemes to Promote Sustainable Built Environment Abu Dhabi-UAE: 18 January, 2017:  The Abu Dhabi Urban Planning Council (UPC) will be transferring ownership of Estidama Villa Products Database (EVPD) to Abu Dhabi Quality and Conformity Council. This transition has been decided by Abu Dhabi Government in order to ......read more

PepsiCo Highlights the Importance of Partnerships, Innovation in Water Management at the ...…

Event closely aligned with PepsiCo’s commitment to responsible water stewardship PepsiCo pledges to provide access to safe water to an incremental 16 million people in water-stressed areas over the next decade  PepsiCo plans to improve water-use efficiency by 25% globally in direct manufacturing operations, and replenish local watersheds New expert report from Booz Allen ......read more

Tadweer's Waste Management Solutions Forum attracts key decision makers and industry experts…

The forum is being held in parallel to the World Future Energy Summit in Abu Dhabi  H.E. Eisa Saif Al Qubaisi: “The implementation of waste management plan is one of the main pillars of Abu Dhabi’s national waste policy” Abu Dhabi, 18 January 2017:  Tadweer (Center  of  Waste Manage – Abu Dhabi) concluded today its  Waste Management Solutions ......read more

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