Dubai PR Network, Online Press Release from Dubai and Middle East
Featured in Energy, Oil & Gas
Oil and Gas industry's digital transformation fast tracked as Middle East energy companies seek faster and leaner exploration and production…

Investment in AI, big data and analytics could cut capital expenditure by 20 percent and add $300 billion a year to offshore cash flows by 2025  Digital innovation to drive unprecedented era of oil and gas productivity as global energy demand continues to rise   ADIPEC 2019 to bring together industry thought leaders to explore the nexus between break though technologies and energy Abu Dhabi, UAE – 23 July 2019 – Digital transformation of the oil and gas industry in the Middle East and North Africa continues to be fast tracked, as energy companies across the region ramp up investment in technologies supporting faster and leaner exploration and production and optimisation of costs.   In the past five years the MENA region has seen a tight focus on cost reduction, as oil and gas companies have responded ......read more

ENOC Group launches ‘ENOCBlue' diesel exhaust fluid…

ENOCBlue is a Euro 4 and above regulated product that reduces harmful emissions, especially from heavy duty vehicles, by up to 90 per cent Product mandated by Emirates Authority for Standardization and Metrology (ESMA), UAE’s flagbearer for excellence and quality   Dubai, United Arab Emirates, 23 July, 2019: ENOC Group recently launched ENOCBlue, a diesel exhaust fluid that reduces harmful emissions, in the UAE. The product, mandated by ESMA and regulated by Euro 4 and above, is one of the highest international standards for exhaust emissions is available in small and bulk quantities for corporate customers, and will soon be rolled out across ENOC’s retail network.   ENOCBlue is a revolutionary non-toxic, colorless, odorless, incombustible diesel exhaust fluid that breaks down toxic nitrogen ......read more

EY collaborates with the World Energy Council on innovation in energy…

Platinum sponsorship deal announced for the 24th World Energy Congress Abu Dhabi, 22 July 2019:  The World Energy Council has announced their collaboration with EY on the topic of innovation in energy and their platinum sponsorship of the 24th World Energy Congress, to be held between 9-12 September 2019 in Abu Dhabi. EY will play an integral role by offering insight and thought leadership on the issues faced by the industry - helping delegates anticipate market trends, identify implications and opportunities and apply innovative thinking and the latest technology. EY has been a long-standing supporter of the World Energy Council and a valued member of the Council’s international network. In 2012, EY became a Global Supporter, joining a select group of leading organizations who work closely with the Council to help ......read more

ENEC highlights benefits of peaceful nuclear energy during participation in the Liwa Date Festival 2019…

ENEC, the Community Sponsor, welcomes significant number of visitors to its pavilion at Liwa Date Festival.   Abu Dhabi, UAE - 21 July 2019:  The Emirates Nuclear Energy Corporation (ENEC) is the Community Sponsor of the Liwa Date Festival 2019. The event is taking place from 17 to 27 July 2019 in the Al Dhafra region of Abu Dhabi, UAE.   The Festival is held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, and organized by the Cultural Programs and Heritage Festivals Committee - Abu Dhabi. ENEC’s participation is the result of its ongoing efforts to support the economic and social development of the Al Dhafra region. Visitors to ENEC’s pavilion have been updated on the latest achievements accomplished at the ......read more

Empower: District cooling is environmentally-friendly and saves energy…

Dubai, UAE, 17th July 2019: In light of the urban expansion and the major developments in the construction sector, especially in the GCC, the gradual rise in temperature has become a challenge during the last hundred to two hundred years due to greenhouse gas emissions, carbon dioxide and many other types of gases. As a result, the United Nations (UN) began to adopt and promote a culture of sustainable development to preserve the environment, through a plan for a better and more sustainable future for all; aimed at combating climate change and environmental degradation by 2030. Consequently, Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, plays a major role in adopting district cooling systems locally and internationally. According to the UN, Empower is a key ......read more

Mubadala Petroleum to farmout a 20% participating interest in both the Andaman I and South Andaman PSCs in Indonesia…

Abu Dhabi, 17 July, 2019:   Mubadala Petroleum announces that it has signed an agreement with Premier Oil to farmout a 20 percent participating interest in each of the Andaman I and South Andaman Gross Split Production Sharing Contracts (PSCs). Mubadala Petroleum is the operator of both the Andaman I and adjacent South Andaman PSCs.  Completion of the transaction is subject to customary conditions including government approvals.   The Andaman I and South Andaman PSCs are located in the underexplored but proven North Sumatra basin offshore Aceh. Mubadala Petroleum is also a partner with a 30 percent participating interest in the Andaman II PSC which is operated by Premier Oil. With participating interests in these three adjacent blocks, Mubadala Petroleum is the largest net acreage holder in the area, securing the ......read more

New National Poll Reveals Continuously High Levels of Trust and Support for UAE Peaceful Nuclear Energy Program…

National poll on nuclear energy in the UAE highlights some of the highest favorability rates for nuclear energy in the world The national poll conducted by the independent global market research company Nielsen shows the increase of awareness of the UAE Peaceful Nuclear Energy Program by seven percent    Abu Dhabi, UAE – 15 July 2019: A new national poll on nuclear energy has shown that UAE residents are in favour of, and have a strong understanding of the UAE Peaceful Nuclear Energy Program. The poll revealed some of the highest favorability rates for nuclear energy in the world – higher than any other nuclear energy producing nations.    The poll was commissioned by the Emirates Nuclear Energy Corporation (ENEC) and conducted in 2018 by the independent global market research company ......read more

Schneider Electric's Biggest Engineer-to-Order Factory in Asia Utilizes IIoT Technology and Renewable Energy to Enhance Its Operations…

• Schneider Electric’s factory in Cikarang, Indonesia, is the showcase for the integration of industrial automation systems and renewable energy utilization  • The Engineer-to-Order factory demonstrates quantifiable and real-time benefits while protecting the environment -- improvements in energy efficiency and productivity by up to 15%; reduction in time and costs, and operator errors; while at the same time provide better support to the end user in the day-to-day operations and maintenance through better visibility. • Schneider Electric has a strong commitment in accelerating the implementation of industry 4.0 in Indonesia through its comprehensive EcoStruxure™ solutions and the sharing of best practices of its smart factories’ transformation to Indonesia’s industry ......read more

FANR Certifies ENEC's First group of UAE National Nuclear Reactor Operators…

A Major Milestone in the UAE Peaceful Nuclear Energy Programme Certification is part of Operational Readiness which is a key requirement of the Operating License Application FANR is currently in the final stage of reviewing the Operating License Application for Units 1  of the Barakah Nuclear Energy Plant   08 July 2019, Abu Dhabi, United Arab Emirates: The Federal Authority for Nuclear Regulation (FANR), the UAE’s Nuclear Regulator, has officially certified today the first group of 15 UAE National Senior Reactor Operators (SROs) and Reactor Operators (ROs) at Nawah Energy Company, the operations and maintenance subsidiary of the Emirates Nuclear Energy Corporation (ENEC).    The certification is part of complying with FANR’s Regulation 17 ‘Regulation for the Certification of ......read more

Empower successfully renewed ISO27001:2013 certificate…

Dubai, UAE, 7th July 2019: Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, achieved the highest internationally recognised safety standard in the protection of customer information since 2014. Safety and information security have become the foundation of successful and safe business services due to scientific progress and high reliance on technology, which are now a key component of business activities within many organisations. Empower successfully completed the Information Security Management System Surveillance audit (ISO27001:2013), covering the highest international standards for information security for the next 3 years. ISO27001:2013 certification is the international standard that specifies how to develop a properly managed information security management ......read more

Schneider Electric's Batam Smart Factory recognized by the World Economic Forum as a Fourth Industrial Revolution Lighthouse…

• The factory in Batam, Indonesia, is the third Schneider Electric Smart Factory recognized by the World Economic Forum as advanced manufacturing sites • Schneider Electric's Smart Factory Program has launched nine showcase factories around the world, demystifying digital transformation for industry • EcoStruxureTM solutions, the foundation of Schneider Electric's Smart Factories, drive efficiencies in an increasingly competitive environment    Dubai, United Arab Emirates -  04 July  2019:   Schneider Electric, the leader in digital transformation of energy management and automation, has today had its Smart Factory in Batam, Indonesia, designated as an Advanced 4th Industrial Revolution (4IR) Lighthouse by the World Economic Forum at its 13th Annual Meeting of the New ......read more

ADNOC's Al Dhafra Petroleum Joint Venture Celebrates First Oil Production from Haliba Field…

Leading government delegation from South Korea arrive in the UAE to mark the success of Haliba Al Dhafra Petroleum is a joint venture between ADNOC and South Korea’s KNOC and GS Energy Haliba is a building block of ADNOC’s oil production capacity growth to 4 million bpd by the end of 2020 and demonstrates ADNOC’s ambition to unlock and maximize value from all of Abu Dhabi’s oil and gas resources First oil comes as Al Dhafra Petroleum discovers three new fields near Haliba following intensive exploration  Abu Dhabi, UAE – July 4, 2019:  Al Dhafra Petroleum, a joint venture between the Abu Dhabi National Oil Company (ADNOC), the Korea National Oil Company (KNOC) and GS Energy, and one of ADNOC’s youngest operating companies, announced, today, it has begun producing crude oil from ......read more

EWEC invites bids for one of the world's largest solar plants to be located in Abu Dhabi…

Abu Dhabi, 03 July, 2019: Emirates Water and Electricity Company PJSC (EWEC), the UAE’s leading procurer of water and electricity, has issued a Tender for the construction and development of a new 2,000 MW solar photovoltaic (PV) power project to be located at Al Dhafra, Abu Dhabi. The new project forms part of a series of projects approved by the higher Committee for the Water and Electricity Sector in Abu Dhabi. Once completed, the project site will cover an area of approximately 20 Km², almost doubling the capacity of the current largest operational single-site solar PV plant in the world, Noor Abu Dhabi. The new project is expected to achieve commercial operations during the first quarter of 2022, upon which it would take Abu Dhabi solar capacity to 3,200 MW. This follows the receipt by EWEC earlier this year of 48 ......read more

Saudi Arabia's Ministry of Energy, Industry and Mineral Resources signs a contract announcing major presence at the 24th World Energy Congress in Abu Dhabi…

Saudi Arabia’s pavilion will be the largest country pavilion at this year’s World Energy Congress, held 9 – 12 September.   Abu Dhabi, 3 July 2019:  The Kingdom of Saudi Arabia will have a large presence at the 24th World Energy Congress in Abu Dhabi after signing a major contract with the Organizing Committee today.   More than 20 organizations from the energy sector in Saudi Arabia are set to showcase their services during the World Energy Congress, highlighting the strength of the country’s energy sector and its efforts to move towards a more sustainable industry model.   Held under the patronage of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, the 24th World Energy Congress will offer a unique platform for global energy leaders to explore new ......read more

Empower guides customers to avoid disruption of service during summer…

Dubai, UAE, 3rd July 2019: Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, offered its customers a set of guidelines to avoid service interruption during summer, and to enjoy a refreshing summer. Through this, Empower aims to increase customer satisfaction by providing the best services and solutions in the cooling sector. Empower has highlighted the key steps for its customers to enjoy sustainable district cooling services include checking cooling equipment and contacting the company in case of disruptions in service. It is recommended to contact the buildings maintenance team to check the air filters, which may sometimes be blocked by dust, in addition to timely payment of bills before and on the due dates, through its multiple payment options, to avoid service ......read more

Liberty completes landmark acquisition of European ArcelorMittal steel assets…

Deal catapults Liberty into top 10 steel producers globally excluding China 1 July 2019 - Dubai, UAE Liberty Steel, part of Sanjeev Gupta’s global GFG Alliance, today completed the acquisition of seven major steelworks and five service centres across seven European countries from ArcelorMittal.  The €740 million deal makes Liberty Steel one of the top ten producers globally, excluding China, with a total rolling capacity in excess of 18 million tonnes covering a wide range of finished products. This is the largest single transaction undertaken by GFG and brings the Alliance’s worldwide workforce to nearly 30,000 across 30 counties.  The seven sites, which today became part of Liberty, employ over 14,000 people and include the major integrated steel works at Ostrava in the Czech Republic and ......read more

Emirates Water and Electricity Company appoints Othman Al Ali as Chief Executive Officer…

Abu Dhabi, 26 June, 2019:   Othman Al Ali has been appointed Chief Executive Officer of the Emirates Water and Electricity Company (EWEC), a leading company in the coordination of planning, purchasing and providing of power and water across the UAE.  Othman joins from the Federal Electricity and Water Authority (FEWA), where he was Chief Financial Officer. He has almost two decades of experience in both the private and public sectors, having held various positions in the utilities and banking industries across a number of federal government entities.  Throughout his career, Othman has been the driving force behind several successful restructures and transformations that improved efficiency and strengthened performance, including initiatives to privatise the utilities sector. Mohamed Hassan Al Suwaidi, ......read more

Nawah Energy Company signs Long-term Maintenance Service Agreement with KHNP & KPS…

Korea Hydro & Nuclear Power and KEPCO Plant Service & Engineering Co. will provide services to support Nawah Energy Company in maintaining the Barakah Nuclear Energy Plant   24 June 2019 – Abu Dhabi, United Arab Emirates: Nawah Energy Company (Nawah), the subsidiary created by Joint Venture partners Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO) to operate and maintain the Barakah Nuclear Energy Plant, has today signed a Long Term Maintenance Services Agreement (LTMSA) with Korea Hydro & Nuclear Power (KHNP), supported by KEPCO Plant Service & Engineering (KPS).    Under the scope of the signed LTMSA contract, KHNP and KPS will provide maintenance services to support routine and outage maintenance activities of the four APR1400 units of the Barakah ......read more

Nawah Energy Company signs Maintenance Service Agreement with Doosan Heavy Industries & Construction…

Doosan Heavy Industries to provide maintenance services for the Barakah Nuclear Energy Plant 24 June 2019 – Abu Dhabi, UAE: Nawah Energy Company (Nawah), the subsidiary created by Joint Venture partners Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO) to operate and maintain the Barakah Nuclear Energy Plant, has signed a Maintenance Service Agreement (MSA) with Doosan Heavy Industries & Construction (DHIC), a subsidiary of the Doosan Group, for the Barakah Nuclear Energy Plant. Under the agreement, DHIC will provide Nawah with a range of maintenance services and qualified manpower to support routine and outage maintenance activities across the four 1400 MW APR1400 Units at the Barakah Nuclear Energy Plant, located in the Al Dhafra region of Abu Dhabi Emirate. Working in ......read more

Castrol's latest initiative is designed to ensure that everything keeps running smoothly…

June 24, 2019 - Dubai, UAE Just like other critical spare parts, your vehicle depends on top quality engine oil to keep it running smoothly and ensure that its engine is properly protected. That’s why Castrol, the world leading manufacturer, distributor and marketer of premium lubricating oils, greases and related services to automotive, industrial, marine, aviation, oil exploration and production customers, has launched a new initiative to support workshops around the UAE. A newly introduced fleet of dedicated delivery vehicles serving the whole of the UAE has been put in place so that essential supplies of Castrol’s segment leading brands - Edge, Magnatec and GTX - recommended by leading automotive manufacturers including Audi, BMW, Ford, MAN, Honda, Jaguar Land Rover, Volvo, Seat, Skoda, Tata and Volkswagen - are ......read more

Schneider Electric Improves Flexibility & Energy Savings with Extended Line of PowerLogic EM4200 Series Enercept Energy and Power Meters…

• Offer maximum versatility, flexibility and ease of installation for most retrofit applications • Easily integrate with EcoStruxure Power and Energy Management solutions and building management system software to help building managers improve energy efficiency and savings   Dubai, United Arab Emirates - 17 June 2019:   Schneider Electric, the leader in digital transformation of energy management and automation, today announced it is extending its line of PowerLogic EM4200 series Enercept energy and power meters to include five new meters, which join the previously announced line of Enercept Flex meters, to provide installers with enhanced application flexibility and options for retrofit applications.   The EM4200 series Enercept meters are ideal for energy management, tenant sub-billing ......read more

Refinitiv Oil Research: Tanker Attacks off Gulf of Oman on 13 June 2019…

Dubai, United Arab Emirates - 13 June 2019:  Refinitiv Oil Research received reports of a suspected attack on two oil tankers in the Gulf of Oman, about 56 NM East of Fujairah. This was later confirmed through various sources including the managers of the vessels in question. The two tankers are identified as the “FRONT ALTAIR” managed by Frontline and the “KOKUKA COURAGEOUS” managed by Bernhard Schulte Shipmanagement.  Timeline of Events as it occurred based on Vessel Tracking Data:  The vessel Front Altair loaded 75,000 MT of Naphtha from the Takreer Refinery Terminal in Ruwais, UAE and departed the port 19:30 GMT on 11th June. After crossing the Strait of Hormuz at around 21:00 GMT on 12th June, Refinitiv Oil Research data shows the vessel to have taken a sharp deviation from its ......read more

Schneider Electric and Navigant Research Create Blueprint to Resilience through Municipal Microgrids in California…

 Schneider Electric and Navigant Research release new analysis on how California can upgrade critical energy infrastructure through Energy-as-a-Service (EaaS) solutions  Dubai, United Arab Emirates - 13 June 2019:   Schneider Electric, the leader in the digital transformation of energy management and automation, today released new analysis on the role of microgrids to support the modernization of California’s grid infrastructure. The white paper, created in partnership with leading market research and advisory firm Navigant Research, explores innovative use-cases for Energy-as-a-Service (EaaS) municipal microgrids and is part of Schneider Electric’s larger commitment to driving resilience and more sustainable, affordable power in the state.  California faces a number of key challenges, such as ......read more

Industry 4.0 is Shaping the Future of Sustainable Business Operations…

June 13, 2019 - Dubai, UAE Industry 4.0 is the intelligence behind the maximum efficiency of tomorrow’s world. But how does collecting data today help businesses stay sustainable while predicting what will happen tomorrow?  The Middle East and Africa market for augmented and virtual reality is expected to grow to $6 billion by 2020, according to the International Data Corporation. As the digital trend continues to innovate, it will transform the future of sustainable business.  Industry 4.0 has revolutionised the way a modern warehouse or distribution centre operates too, and it is only a matter of time before other sectors start to recognise the advantages. Alain Kaddoum, General Manager at Swisslog Middle East reveals more insights on this topic. Energy efficient automation solutions While Industry 4.0 ......read more

Empower takes part in the Annual Partners' Forum for ‘District Energy in Cities' at Copenhagen…

Ahmad Bin Shafar: The meeting acts as a platform that highlights Dubai’s success in district cooling Dubai, UAE, 13th June 2019: Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, is taking part in the 5th Annual Partners’ Forum, organized by the United Nations Environment Programme (UN Environment) for its ‘District Energy in Cities’ initiative. The meeting is being held from 11-14 June 2019 at Copenhagen, Denmark. Ahmad Bin Shafar, CEO of Empower and Special Advisor on district cooling, will be attending the Forum in addition to a number of experts on district cooling from around the world. Bin Shafar will take part in various panel discussions about the district cooling industry and its latest technologies, as part of the ‘District ......read more

Other Top Stories from Energy, Oil & Gas
 
Easa Saleh Al Gurg Group partners with Petronas for lubricants distribution in the UAE…

Dubai, UAE, January 06, 2019:  Dubai-based multidimensional conglomerate Easa Saleh Al Gurg Group (ESAG) inked a new partnership with Petronas Lubricants International (PLI), a wholly-owned subsidiary of Malaysia’s national oil corporation, Petronas, which will see its range of automotive lubricants available in the UAE within the first quarter of 2019. With the deal, ESAG will ......read more

SRS Middle East makes Sharjah its headquarters for the Middle East Region…

The group will invest Dh160 million in the Hamriyah Free Zone in order to provide industrial services for the oil sector Dubai, UAE, January 05, 2019:  SRS Middle East FZE, which is a joint venture that consists of Global Petro Storage (GPS), Innova Refining Industries, and Chemie Tech LLC, has announced its decision to select Sharjah as the destination for its latest investment projects ......read more

ENEC Partners with Al Dhafra Festival in Abu Dhabi to Promote Social Engagement and UAE Cultural ...…

ENEC stand provided visitors with information about peaceful nuclear energy and included a range of educational activities Abu Dhabi, UAE – 02 January 2019:   The Emirates Nuclear Energy Corporation (ENEC) participated in the Al Dhafra Festival, which took place in Madinat Zayed, in the Al Dhafra Region of Abu Dhabi, between 17 December 2018 and 1 January 2019. ENEC’s ......read more

Schneider Electric Calls to Massively Expand Training in Energy Sector…

Decentralized renewable energy solutions will guarantee electricity access to millions, while creating millions of jobs Training programs, particularly in the low energy access countries, are not adequacy developed The Powering Jobs campaign wants all stakeholders to recognize the challenge and step up their efforts  Dubai (United Arab Emirates), 23 December 2018 –  ......read more

Oil and Gas Industry Set to Accelerate Move to Digital in 2019…

by Ron Beck Energy Industry Marketing Director, AspenTech Dubai, UAE, December 18, 2018:  Digital transformation continues to be the keynote of the coming year for operators across the oil and gas sectors. Digitalisation is nothing new to the sector, of course. Refineries have, for example, been pursuing it for more than thirty years, with technologies like advanced process control (APC) ......read more

ENEC Completes Significant Tests of Unit 3 at Barakah Nuclear Energy Plant…

Cold Hydrostatic Testing successfully completed at Unit 3 Significant step towards the completion of Unit 3 of the Barakah plant Abu Dhabi, UAE – 16 December 2018:   The Emirates Nuclear Energy Corporation (ENEC) has successfully completed Cold Hydrostatic Testing (CHT) at Unit 3 of the Barakah Nuclear Energy Plant in Abu Dhabi, UAE. The testing, which is a crucial step ......read more

Schneider Electric presents Villaya Emergency for easier access to energy in emergency situations…

The increase in humanitarian emergencies calls for mobile, clean, reliable and affordable energy access solutions Villaya Emergency can be deployed on site in less than 30 minutes to provide energy for impacted areas  Dubai (United Arab Emirates) – 12 December 2018 –   During a humanitarian crisis, electricity is often difficult to access. Schneider Electric , ......read more

At COP24, Schneider Electric Strengthens its Commitment to Become Carbon Neutral by 2030…

The Group will present innovative solutions to fight climate change in Katowice Schneider Electric’s experts & leaders will actively participate at COP24 Dubai, UAE, December 10, 2018:  At a time when the latest IPCC report calls for urgent action to fight climate change, Schneider Electric, the leader in digital transformation of energy management and automation, is ......read more

Mubadala Petroleum completes the acquisition of a 20 percent interest in the Nour Concession in ...…

Abu Dhabi, 10 December 2018:   Mubadala Petroleum announces that it has completed the acquisition from Italy’s Eni of a 20 percent participating interest in the Nour North Sinai Offshore Area (”Nour”) concession, an offshore exploration block in Egypt.  In the concession, which is in participation with Egyptian Natural Gas Holding Company (EGAS), Eni as ......read more

Backing the next generation of solar power innovators…

As the Solar Decathlon Middle East 2018 comes to an end, German bathroom brand sponsor hansgrohe – and its regional partner ITC – say the future is looking brighter for protecting the environment  09 December 2018, Dubai, UAE:   Solar energy could one day supply most of the world’s energy needs, but it is crucial that individual countries invest in the next ......read more

Oil rallies on Opec+ production cut, gold breaks higher…

By Ole S Hansen, Head of Commodity Strategy at Saxo Bank Dubai, UAE, December 09, 2018:  Commodities received a late boost after the Opec+ group managed to agree to a decent output cut; gold, meanwhile, received a bid following a weak US jobs report. The market’s overall focus stayed with the US-China trade war and the increased prospect of a US slowdown.  Commodities found a ......read more

Middle East economies are still dominated by oil sector development…

Dubai, UAE, December 01, 2018:  According to ICAEW’s latest Economic Insight report, economic recovery in the Middle East is slowly gathering momentum after last year’s slump, when economic growth slowed to an eight-year low at only 0.9%. Overall, the Middle East’s GDP is expected to grow to 2.3% in 2018, though growth remains below the 2010-2016 average of 3.9%. The ......read more

UAE's non-oil sector drives economic growth in 2018…

Dubai, UAE, November 28, 2018:  According to ICAEW’s latest Economic Insight report, the economic outlook for UAE is set to accelerate to 2% this year, up from the eight-year low of 0.8% in 2017, supported by rising oil prices, regional economic recovery, higher public spending and investment and a gradual build-up in business momentum. The accountancy and finance body says the non-oil ......read more

PLC System partners with Dubai Carbon as demand for renewable energy increases…

28th November 2018, Dubai, UAE:   Dubai Carbon has enabled yet another key energy player to enter the UAE renewable energy market, following the signing of an agreement with energy experts PLC System S.r.l. Mr. Francesco Esposito, Sole Director of PLC System S.r.l signed a joint venture agreement with the CEO of Dubai Carbon, Mr. Ivano Iannelli signaling the increasing growth of ......read more

Italian water tech major DAB to cater to the higher demand for energy-efficient tech solutions…

At Big 5 Dubai 2018, DAB launches the world’s best energy-efficient water management solutions for urban development DUBAI - November 27, 2018:   DAB Water Technology, an Italian frontrunner in the global water management industry, brings to Dubai a range of solutions utilising the advantages of renewable energy for urban development. At Big 5 Dubai 2018, taking place from ......read more

The Dubai Supreme Council of Energy (DSCE) launches the Emirates Energy Award (EEA) 2020 in Jordan…

The award aims to recognise best practices in energy efficiency to enhance constructive contribution to a sustainable future  Dubai, UAE, November 27, 2018:  Under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, the Dubai Supreme Council of Energy (DSCE) unveiled the fourth edition of Emirates Energy Award (EEA) - ......read more

Wintershall acquires stake in the largest gas and condensate fields yet to be developed in the ...…

10% stake in Ghasha Concession in Abu Dhabi Close partnership with ADNOC: 40 years term concession Investments running into the billions in the growth region in the Arabian Gulf Abu Dhabi, November 26, 2018:   Wintershall will invest in one of the world’s most important centers for oil and gas production: The company will take a ten percent stake in the ......read more

ADNOC Adds Germany's Wintershall to the Ghasha Ultra-Sour Gas Concession…

Wintershall awarded 10 percent concession share in the Ghasha offshore sour gas mega-project, marking the first time a German oil and gas company joins an ADNOC concession Concession agreement will give ADNOC access to world-leading sour gas technology  Project contributes to ADNOC’s In-Country Value program and is expected to produce more than 1.5 billion cubic feet of gas per ......read more

SRTI Park backs Big 5 Dubai 2018's ‘FutureTech Construction Summit'…

November 25, 2018: As part of its efforts to promote innovation and advanced research in Sharjah and the UAE, the Sharjah Research, Technology and Innovation Park (SRTI Park) has announced that it is participating in the one-day ‘FutureTech Construction Summit’ to be held this month in conjunction with the Big 5 Dubai 2018, the largest and most influential construction event in the ......read more

EDF and Nawah Energy Company sign operations and maintenance assistance agreement for Barakah ...…

Dubai, UAE, November 22, 2018:   EDF, the world-leading nuclear operator, and Nawah Energy Company (Nawah), the subsidiary of the Emirates Nuclear Energy Corporation (ENEC) that is mandated to operate and maintain the Barakah Nuclear Energy Plant, signed a long-term framework agreement whereby EDF will provide a range of services to support Nawah in operating and maintaining the ......read more

Schneider Electric and Verger Delporte Partner for Electricity Innovation…

DUBAI, United Arab Emirates – 22 November 2018 –   Schneider Electric, the leader in digital transformation of energy management and automation, has announced a partnership with Verger Delporte to become a Certified Reseller and EcoStruxure Advisor to support innovation in franchised panel building in electric facilities. ...read more

Danfoss enters wastewater market with a series of high energy efficiency pumps…

Danfoss launches a new series of APP W HC pumps specially designed and built for Zero Liquid Discharge and Minimal Liquid Discharge (ZLD/MLD) industrial wastewater treatment, that can deliver total efficiency rates of 90% at pressures up to 120 bar.      UAE, Dubai, 20 November 2018:   In response to the growing demand for energy efficient ZLD/MLD solutions in ......read more

Schneider Electric Announces APC NetShelter Racks and Micro Data Centers Achieve Cisco Certification…

Extends Cisco UCS Pre-rack and Ship Certification to the entire NetShelter SX product line with Shock Packaging including 13 preconfigured SKUs and Micro Data Center Xpress SX 24U and 42U Provides more options for greater flexibility and faster deployment at the edge Offers IT channel partners and customers assurance of pre-tested, proven system compatibility DUBAI, United Arab ......read more

ADNOC to Announce Additional Partnerships as Group CEO Builds on ADIPEC Momentum…

Announcements to address new partnerships for sour gas concession and oil and gas blocks Record-breaking ADIPEC draws more than 145K oil and gas industry professionals; attendance increases 30 percent, with international visitors up 50 percent Series of new partnerships and investments at ADIPEC to meet rising demand triggered by 4th Industrial Revolution in line with ADNOC’s ......read more

UAE-Republic of Korea meeting of the Supreme Joint Committee on cooperation in the peaceful uses of ...…

Abu Dhabi, UAE – 17 November 2018:  On Friday November 16, 2018, His Excellency (HE) Eng. Suhail Mohamed Faraj Al Mazrouei, United Arab Emirates (UAE) Minister of Energy and Industry, chaired the UAE-Republic of Korea meeting of the Supreme Joint Committee on cooperation in the peaceful uses of nuclear energy that took place in the South Korean capital of Seoul.  On behalf ......read more

ADNOC to Invest AED 5.1 Billion to Upgrade and Expand its Giant Bu Hasa Field as it Ramps up ...…

EPC contract that will deliver in excess of 60% of In-Country Value awarded to Tecnicas Reunidas SA after rigorous tender process Crude oil production capacity from Bu Hasa Field will increase from 550,000 to 650,000 barrels per day in line with ADNOC’s plan to increase its oil production capacity to 4mmbpd by 2020 Investment will enhance Bu Hasa’s production, deliver greater ......read more

ENEC Achieves Historic Milestone in Construction of Barakah Nuclear Energy Plant…

ENEC celebrates the completion of main concrete works and heavy equipment lifting at Barakah Nuclear Energy Plant  More than 2.3 million  cubic meters of concrete poured and approximately 250,000 metric tons of rebar installed at Barakah Nuclear Energy Plant Abu Dhabi, UAE – 14 October 2018:  The Emirates Nuclear Energy Corporation (ENEC) has celebrated the ......read more

Atlantic presents its water heating solutions with renewable energy sources at The Big 5 and Solar ...…

Visit Atlantic International at The Big 5 located in Hall 3 stand number 3B129 to discover Explorer and Solerio Optimum 3 product ranges. Learn more about Groupe Atlantic’s support in the student led initiative to create the ideal solar house prototype at the Solar Decathlon Middle East 2018.   United Arab Emirates, 14 November 2018, Atlantic is a renowned French brand ......read more

Tabreed's Reports 10% Increase in Net Profit to AED 319.3 Million…

Tabreed has been rated investment grade by two credit rating agencies   14 November, 2018 – Abu Dhabi, United Arab Emirates:   National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based regional district cooling utility company, today released its consolidated financial results for the first nine months of 2018. Tabreed reported a 10% increase in net ......read more

FANR releases first annual report on Radiological Environmental Monitoring…

The background radiation level in the UAE’s environment is very low in comparison to most other countries 13 November 2018, Abu Dhabi, United Arab Emirates: The Federal Authority for Nuclear Regulation (FANR) has released its first annual report on Radiological Environmental Monitoring in the United Arab Emirates. The report establishes the baseline level of radiation either from ......read more

Emirates Steel Showcases Oil and Gas Products at ADIPEC 2018 in Abu Dhabi…

Emirates Steel has sold 215 thousand tons of heavy and medium sections for use in the oil and gas industry over the past three years   Abu Dhabi, UAE - 13 November 2018: Emirates Steel, the only integrated steel plant in the UAE and a subsidiary of the General Holding Corporation (SENAAT), is participating in the Abu Dhabi International Petroleum Exhibition & Conference ......read more

Schneider Electric Highlights ADNOC's Digitization with Panorama Command Center at ADIPEC…

ADNOC Integrates 100,000 Tags for Real-Time Monitoring andOptimizing Operations for 16 OpCos, with Schneider Electric and AVEVA WEF: Global Energy Digitization to Drive USD 1.6 Trillion in Value to 2025 Chris Dartnell: “2019 will be crucial for Middle East energy firms to accelerate their digital transformation and adopt the Internet of Things” ABU DHABI, United Arab ......read more

ADNOC signs First Hail, Ghasha and Dalma Ultra-Sour Gas Concession with Italy's Eni…

25% concession share awarded to Eni in first offshore ultra-sour gas concession following SPC approval of ADNOC’s new integrated gas strategy  Concession includes Hail, Ghasha and Dalma fields that will be key contributors to UAE’s gas self-sufficiency and transition to a net gas exporter Eni will contribute 25% of the development cost of the multi-billion US dollar ......read more

ADNOC and Saudi Aramco Sign Framework Agreement on Strategic Natural Gas and LNG Cooperation…

ADNOC and Saudi Aramco to explore potential areas for mutual collaboration in the LNG value chain Agreement underlines ADNOC’s ambition to capitalize on the rising global LNG demand to secure greater access to key growth markets  Abu Dhabi, UAE – November 12, 2018:   The Abu Dhabi National Oil Company (ADNOC) signed, today, a framework agreement with Saudi ......read more

Mubadala Petroleum to acquire an interest in the Nour Concession in Egypt…

Abu Dhabi, 12 November 2018:    Mubadala Petroleum announces that it has agreed with Eni to purchase a 20 percent participating interest from Eni’s share in the Nour North Sinai Offshore Area (”Nour”) concession, an offshore exploration block in Egypt. Eni is the operator of the concession through its subsidiary, IEOC. In the concession, which is in participation ......read more

ADNOC CEO Says Oil and Gas Industry a Critical Enabler of Economic Growth in 4th Industrial Age in ...…

ADNOC CEO defines central mission of the industry as ‘Oil and Gas 4.0’ – how technology and energy are converging to deliver a step-change in global development ADNOC CEO outlines strategic SPC AED 486 billion capex program and expansion of oil and gas production capacity that will maximize the value of Abu Dhabi’s resources and support growing energy ......read more

Global Oil, Gas and Petrochemical Leaders Discuss Evolving Energy Landscape and Opportunities ...…

ADNOC hosts 26 of the world’s leading oil, gas and petrochemicals executives to discuss future growth trends at Abu Dhabi CEO Roundtable High-level attendance underlines Abu Dhabi’s position at the center of the conversation shaping the future of the oil and gas industry Role of artificial intelligence, predictive data and analytics and blockchain technologies in helping meet ......read more

Malaysian Oil & Gas Products and Services Tapping Into the Lucrative Middle East Market…

Dubai, UAE, November 11, 2018:   MATRADE continues to create greater awareness and visibility on Malaysia's capabilities and expertise in providing world class  oil & gas products and services through participation in ADIPEC 2018. This year will be MATRADE’s fifth participation in this annual largest oil & gas exhibition in Middle East which will take ......read more

ADNOC Signs Agreement Granting Total a 40% Stake in Unconventional Gas Concession…

Historic unconventionals concession award is the first of its kind in the region Announcement follows Supreme Petroleum Council’s approval of ADNOC’s integrated gas strategy Award propels ADNOC’s target to produce 1 bcfd of unconventional gas before the end of the next decade ADNOC committed to delivering a sustainable and economic gas supply as the UAE works towards ......read more

Schneider Electric Says Energy Efficiency to Enable Social Change in Dubai in 2019…

DUBAI, United Arab Emirates – 11 November 2018 – Schneider Electric , the leader in digital transformation of energy management and automation, announced today that digitization through modern technology will be the top factor in enabling sustainable economy and social change across Dubai’s businesses and daily lives in 2019, said Hanan Darwish, Cluster President – Gulf ......read more

Schneider Electric to Highlight ADNOC's Digitization with Panorama Command Center at ADIPEC…

ADNOC Integrates 100,000 Tags for Real-Time Monitoring andOptimizing Operations for 16 OpCos, with Schneider Electric and AVEVA WEF: Global Energy Digitization to Drive USD 1.6 Trillion in Value to 2025 Georges El Mir: “2019 will be crucial for Middle East energy firms to accelerate their digital transformation and adopt the Internet of Things” ABU DHABI, United Arab ......read more

UAE Recognized As Role Model for Development of Peaceful Nuclear Energy at Nuclear Inter Jura ...…

23rd Nuclear Inter Jura Congress concludes following four days of discussions UAE home to one of the world’s leading peaceful nuclear energy programs Abu Dhabi, UAE – 7 November 2018:   The UAE Peaceful Nuclear Energy Program has been recognized for its unique achievements and coordinated development during the 23rd Nuclear Inter Jura Congress. Held for the first ......read more

ADNOC to Convene Global Energy Leaders in Abu Dhabi for Third Annual CEO Roundtable on Eve of ADIPEC…

27 leaders from oil, gas and petrochemical industries to discuss impact and opportunity of digitalization, technology and Fourth Industrial Age Strength of attendance at roundtable demonstrates Abu Dhabi’s convening power as global hub for the world’s oil and gas industry  Abu Dhabi, UAE – November 7, 2018:   Twenty-seven of the world’s leading oil ......read more

New Economies and Advanced Technology are Driving Paradigm Shift in Global Energy Demand…

ADNOC Founding Partner in Bloomberg New Economy Forum; agenda aligns with the UAE’s vision for building bridges, connecting global economies, and enabling prosperity Goals of NEF in line with the UAE’s 2071 strategy to prepare for the future and capture the opportunities that lie ahead. Demand for energy in Asia growing at more than twice global rate, requiring creative ......read more

ENEC Barakah Youth Circle Discusses ‘Energy Gap – The Way Forward'…

Youth Circle takes place on sidelines of INLA’s 23rd Nuclear Inter Jura Congress Abu Dhabi, UAE – 5 November 2018:   The Barakah Youth Council, comprised of employees from Emirates Nuclear Energy Corporation (ENEC) and its subsidiaries, organized a Youth Circle on the sidelines of the 23rd Nuclear Inter Jura Congress, taking place in Abu Dhabi this week. Entitled ......read more

Abu Dhabi to Host International Nuclear Law Congress…

ENEC sponsors the  23rd Nuclear Inter Jura Congress to showcase the UAE Peaceful Nuclear Energy Program    Abu Dhabi, UAE – 3 November 2018: The United Arab Emirates is hosting the 23rd Nuclear Inter Jura Congress in Abu Dhabi from 4 to 8 November 2018. The Congress, which is being held in the Middle East for the first time, is organized by the International ......read more

Arc Faults Can Trigger $46,000 Downtime Costs Per Day…

Dubai, UAE, October 29, 2018:  Research by Eaton estimates the cost of production downtime alone could reach $46,000 within 24 hours of an arc fault. Then there is the threat to life safety posed by the initial explosion, the potential for reputational damage and the the cost of replacement assemblies and parts to consider. These can be catastrophic consequences, particularly in ......read more

RAKGas signs agreement for Zanzibar's first oil and gas exploration project…

Dubai, UAE, October 29, 2018:  His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, attends signing ceremony at the invitation of His Excellency President Dr. Ali Mohamed Shein of Zanzibar RAKGas, through its international subsidiary RAKGas Zanzibar Limited, has signed an oil and gas Production Sharing Agreement with the Revolutionary ......read more

French Pavilion back to ADIPEC and set to explore Oil & Gas opportunities in the region…

Over 40 French companies to be represented at the key global event in Hall 9 at ADNEC from the 12th to the 15th of November 2018.     United Arab Emirates- 2018  – Business France, the national agency supporting the international development of the French economy, will be hosting +40 leading companies from France at the Abu Dhabi International Petroleum Exhibition ......read more

AUGIER Energy to reveal spearheading innovations at ADIPEC 2018…

Meet with Augier’s team of experts on stand 254 at the French Pavillion in ADNEC, Hall 9 from the 12th to the 15th of November.    United Arab Emirates, October 25, 2018 – AUGIER Energy, the  worldwide leader in Energy Distribution & Transmission  for medium voltage solutions for long distances up to 50 kilometres, will be hosting a stand in the ......read more

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