• Schneider Electric executives collaborate with other sustainability leaders on how to deliver tangible actions on the most pressing global sustainability challenges
• Company demonstrated how low carbon economy can be a reality now including business and the most vulnerable population alike
Dubai, March 18, 2019 – Almost 4 years after the adoption of the Paris Agreement, President of France Emmanuel Macron organized on March 14th in Nairobi (Kenya) the first regional edition of the One Planet Summit, co-chaired with Uhuru Muigai Kenyatta, the President of the Republic of Kenya. This High-Level session gathered Heads of State and Ministers heading national delegation to UN Environment Assembly (UNEA) as well as representatives of the finance and the business sectors, local governments, ......read more
Cumulative saving of 1,160 Mega Watt electricity
Dubai, UAE, 17 March 2019: Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, has achieved total electricity savings of 1160 MW, worth AED 3 billion, in 2018
“As per its vision, Empower adopts an integrated strategy that contributes in raising customers awareness about conservation of energy. We thrive to reduce energy consumption and protect the environment and the natural resources, through our energy efficient district cooling services. This, in turn, supports the sustainable development and the green economy in the UAE and helps to achieve Dubai Clean Energy Strategy 2050 which aims to transform Dubai into a global hub for green economy, through providing 7% of energy from clean resources by 2020, 25% by ......read more
Marks an exciting and entertaining new addition to the emirate's events calendar
Abu Dhabi, 14 March 2019 - Abu Dhabi is set to host the inaugural Abu Dhabi Engine Week, aimed at car and adventure enthusiasts from across the UAE and wider Gulf region. From 28 March – 6 April, Engine Week will present a packed 10-day schedule of exciting activities in locations throughout the emirate.
The event is expected to attract thousands of participants to its various programmes, which include five main events: Custom Show Emirates and Abu Dhabi International Motor Show at Abu Dhabi National Exhibition Center; Club Social at Yas Beach; Abu Dhabi Desert Challenge in Yas Island and Western Region; and the WRX Championship at Yas Marina Circuit. In addition, there will be numerous concerts, citywide promotions and more ......read more
Emirates Nuclear Energy Corporation and ENUSA to collaborate and exchange of information and expertise in nuclear fuel services
MoU signing ceremony held at ENEC headquarters in Abu Dhabi
Abu Dhabi, UAE – 13 March 2019: The Emirates Nuclear Energy Corporation (ENEC) has signed a memorandum of understanding (MoU) with Enusa Industrias Avanzadas, S.A., S.M.E. (ENUSA), defining a framework for collaboration and the exchange of information and expertise in the field of nuclear fuel services.
Founded in 1972 with a focus on uranium mining, ENUSA has evolved into an advanced nuclear fuel and environmental services provider. Today, ENUSA is responsible for the design, manufacture and supply of fuel to Spanish nuclear energy plants, as well as to plants around the world, in addition to providing a wide range of ......read more
Dubai, UAE, March 13, 2019: The Industrial Sector’s Business Group, operating under the umbrella of the Sharjah Chamber of Commerce and Industry (SCCI), has discussed the SCCI strategy to enhance the industrial sector’s contribution to Sharjah economic growth, activate forward-looking plans and improve the industrial sector’s competitiveness in the business community.
Chaired by Lalu Samuel, chairman of the industrial sector’s Business Group, the meeting was attended by Abdelaziz Mohamed Shattaf, Assistant Director General for Members Services Sector at SCCI, Director of Sharjah Exports Development Center (SEDC) and Amjad Awad al Karim, Head of the Working Groups at SCCI, as well as other group members.
The meeting discussed a variety of coordination and follow-up mechanisms related to the ......read more
Ahmad Bin Shafar: “This recognition proves our commitment towards positive change that supports society and promotes sustainable development”
Dubai, UAE, 11 March 2019: Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, has been awarded Dubai Chamber CSR label, for the fifth year consecutively, for its outstanding contributions in promoting Corporate Social Responsibility (CSR) initiatives and environmental practices that have positive impacts in society and on the environment.
“We are happy to receive the Dubai Chamber CSR Label, as it proves our commitment towards positive change, supports society and promotes sustainable development. I appreciate Dubai Chamber’s tremendous efforts in promoting CSR approach, especially towards ......read more
Electro-magnetic charging stations for Electric Vehicles, Magnetic RAM for data storage and Efficient Smart House to reduce power consumption among leading entries
Dubai, UAE, Thursday March 9, 2019: Some of the region’s brightest young engineers have showcased a wave of intelligent, next-generation solutions designed to solve today’s greatest power challenges during the sixth Future Generation competition, a knowledge development component of this week’s Middle East Electricity at Dubai World Trade Centre (DWTC).
Held under the theme Smart Energy Solutions: Improve Energy Efficiency, the competition sees teams of Undergraduate and Postgraduate students from 10 of the region’s leading universities judged in three key criteria: ideas or solutions to combat excessive use of power, cost-effective ......read more
44th edition of region’s leading power event welcomes more than 60,000 industry professionals across three-day show
1,600 exhibitors from all corners of the globe spotlight breakthrough tech and latest solutions to feed GCC’s USD109 billion power investment needs
Dubai, UAE, Tuesday March 5, 2019: His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance & Industry, today inaugurated Middle East Electricity 2019 – the 44th edition of the region’s leading event for the power industry.
Hosted by the UAE Ministry of Energy, Middle East Electricity runs at Dubai World Trade Centre (DWTC) until March 7, bringing together 1,600 industry heavyweights and energetic start-ups from around the globe.
With the MENA Power Industry Outlook Report, prepared by ......read more
Inspections reveal that several companies are yet to comply with Emirates Authority for Standardization & Metrology (ESMA) guidelines
Dubai, United Arab Emirates - March, 05, 2018: A joint task-force comprising six Dubai Government entities and ENOC Group is taking concerted efforts to curb illegal trade of diesel in Dubai, which have seen steady progress in recent months.
The task-force includes representatives of Dubai Economic Department, Ministry of Human Resources & Emiratization, Emirates Authority for Standardization & Metrology, Roads & Transport Authority, Dubai Municipality, Dubai Police and ENOC Group.
An estimate of 38 per cent of the companies inspected reported compliance with the guidelines set by Emirates Authority for Standardization & Metrology (ESMA) ......read more
United Arab Emirates - March 04, 2019: 2019- 27 French companies will be exhibiting in 2019 with Business France, the national agency supporting the international development of the French economy, at the Middle East Electricity Show in Dubai, a chance for a French excellence sector that is both innovative and dynamic to enjoy the spotlight. The event is truly a springboard for companies looking to expand in the broader Middle East, sub-Saharan Africa and South Asia.
Many opportunities exist in this very fast-growing market, driven by the staggering development in several sectors: retail distribution, transport, logistics, infrastructure and residential. With major international events such as the Dubai World Expo 2020, to be hosted in the region, and the return of major real estate projects announced by public contractors, ......read more
Dubai, UAE – Monday 4th March, 2019: Power industry professionals from around the world descend on Dubai tomorrow (5th March) for Middle East Electricity 2019, the 44th edition of the region’s leading event for the power industry, to debate, promote and reshape the future of a sector beset by game-changing disruption.
The power battalion are exhibiting, visiting, and speaking at conferences and workshops at the three-day Middle East Electricity event, which runs until March 7 at Dubai World Trade Centre (DWTC).
When the curtain rises on the show, which spans 14 exhibition halls, an anticipated turnout of more than 60,000 industry professionals will discover more than 1,600 leading manufacturers and suppliers from all continents ready to promote a multitude of disparate technology.
“From smart ......read more
Culligan says changing attitudes to consumption, waste added to technology advancements are taking water treatment to sustainable future
Dubai, UAE - 27 February 2019: The Middle East is witnessing a dramatic change of attitude towards water, how we consume it and how to minimise the amount we waste, and water treatment experts say the revolution will continue to gather pace over the next few years.
In the UAE and other parts of the region, the use of technology to create sustainable water treatment solutions is being driven by eco-friendly consumers.
But there’s a lot more to this than people insisting on reusable cups and avoiding plastic straws and delivery food cutlery.
Reducing plastic waste is now taken very seriously by big players in the industry, and one of them, Culligan Middle East, is ......read more
Directors of award-winning movie ‘Point of No Return’ will host interactive session at mega power trade show
Dubai, UAE – 27 February, 2019: Directors of the multi award-winning documentary ‘Point of No Return’ will put the growing influence and versatility of renewables firmly in focus at Middle East Electricity 2019 – the leading international trade event for the power industry, which runs from March 5-7 at Dubai World Trade Centre (DWTC).
Noel Dockstader and Quinn Kanaly, the duo behind the documentary that follows the record-breaking 26,000-mile Solar Impulse – the first round-the-world flight powered by solar, will host two special interactive screenings of their movie, which has garnered 10 awards at film festivals around the globe. The screenings will show up to 45-minutes of footage ......read more
United Arab Emirates - 26 February 2019: 27 French companies will be exhibiting in 2019 with Business France, the national agency supporting the international development of the French economy, at the Middle East Electricity Show in Dubai, a chance for a French excellence sector that is both innovative and dynamic to enjoy the spotlight. The event is truly a springboard for companies looking to expand in the broader Middle East, sub-Saharan Africa and South Asia.
Many opportunities exist in this very fast-growing market, driven by the staggering development in several sectors: retail distribution, transport, logistics, infrastructure and residential. With major international events such as the Dubai World Expo 2020, to be hosted in the region, and the return of major real estate projects announced by public ......read more
Ahmad Bin Shafar: “IDEA is committed to diversify its topics and the objectives of its activities to maximise the benefit of all parties involved in the district cooling and heating sector”
Dubai, UAE, 24 February 2019: Ahmad Bin Shafar, CEO of Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, headed a delegation from Empower to travel to participate in the International District Energy Association (IDEA) Campus Energy 2019. The conference is organised by IDEA, in conjunction with IDEA Board meeting, and is being from 26 February to 1 March 2019, in New Orleans, Louisiana, USA.
Bin Shafar will also participate in the meeting as a member of the Board of Directors of IDEA, which he holds as the first Arab and Emirati since 2013. Bin ......read more
Power generation operations and maintenance to be major beneficiaries
Advanced technology dominating knowledge programme at Middle East Electricity 2019
Dubai, United Arab Emirates - 24 February, 2019: Artificial Intelligence (A.I.) will significantly impact roles within the regional power sector according to the newly-released Middle East Electricity A.I. & Energy Report, which forecasts major adjustments to jobs in power generation plant operations and maintenance as sensors, digitisation and machine learning are increasingly adopted.
Released a mere two weeks before the 2019 edition of Middle East Electricity, the leading international trade event for the power industry, the report says A.I. adoption will result in data analytics which will “improve plant efficiencies via improved systems for asset ......read more
Abu Dhabi, 18 February 2019: Mubadala Petroleum announces that it has signed the Gross Split Production Sharing Contract (PSC) for South Andaman, as awarded by the Government of Indonesia pursuant to the 2018 Indonesian Third Direct Tender Round. Following the signing, Mubadala Petroleum is the operator of both the South Andaman and the adjacent Andaman I PSC and a partner in the Andaman II PSC.
The South Andaman PSC is located in the underexplored but proven North Sumatra basin offshore Aceh. With participating interests now in three adjacent blocks, Mubadala Petroleum is the largest net acreage holder in the area, securing the core of the North Sumatra basin for future exploration growth.
Mubadala Petroleum has been involved in the region since 2011 through Joint Study Agreements. The PSCs have the ......read more
Entitled “Pioneering Nuclear Energy; Emirati Leadership” the session was led by H.E. Eng. Mohamed Al Hammadi, Chief Executive Officer of the Emirates Nuclear Energy Corporation
The session, held at ENEC’s headquarters in Abu Dhabi, highlighted the key role played by peaceful nuclear energy in powering the future growth and prosperity of the UAE
Abu Dhabi, UAE - 18 February 2019: The Emirates Nuclear Energy Corporation (ENEC) hosted a special session for alumni of the UAE Government Leadership Program (UAEGLP) entitled “Pioneering Nuclear Energy: Emirati Leadership.” The session was held as a part of the Government Leadership Talks series, part of the UAEGLP, and organized by the Prime Minister's Office (PMO) at the Ministry of Cabinet Affairs and Future.
The session was ......read more
J-Series Reliability and Efficiency Propel Mitsubishi Hitachi Power Systems to Global Leadership
Dubai, UAE (February 18, 2019) - Mitsubishi Hitachi Power Systems (MHPS) has achieved a major milestone in the global Power Generation sector, securing 2018 market share leadership in global orders for heavy duty gas turbines (100 MW and above). The result is based on data compiled by McCoy Reports, the premier reporting agency in the gas turbine market. This segment is the most closely watched by industry experts because it represents the most advanced technology and drives energy production globally.
MHPS market leadership was driven by the J-Series gas turbine and its industry-leading 64+% efficiency and 99.5% reliability. Globally, MHPS' heavy duty turbines captured 41% global market share. For the ......read more
7,756 photovoltaic (PV) solar panels installed over roofs of 554 Hatta villas
Project to generate 3,612,357-kilowatt hour (KWh) of power annually
Annual reduction of CO2 emissions by 2,159 tons among many benefits
UAE, 13 February 2019 – With DEWA’s support and sponsorship, Etihad Energy Services Company (Etihad ESCO), the wholly-owned subsidiary of Dubai Electricity and Water Authority (DEWA), announced the successful completion of the Hatta solar retrofit project, which included installation of 7,756 photovoltaic (PV) solar panels over the roofs of 554 Hatta villas. The project, which forms part of DEWA’s Shams Dubai initiative, aims to generate 3,612,357-kilowatt hour (KWh) of energy annually out of 554 newly retrofitted villas. The average peak power of the solar PV system installed (kWp) on ......read more
Dubai UAE, February 11, 2019 – Nexans, a global actor in cabling systems and services and an industry leader in umbilicals, will be attending the EGYPS 2019 exhibition and conference on February 11-13.
Through several umbilical deliveries in East Mediterranean, Nexans has confirmed its role as a trusted and committed partner in the in the oil and gas industry. This has also recently been confirmed by a recent award of three new umbilical projects in the area. Nexans’ track record of long tie-backs and deep water applications have been key criterias when being awared the recent contracts.
“Nexans is committed to supporting the East Mediterranean region in exploring the great potential of the energy business . Over the years, we have supplied umbilical solutions to numerous major projects in the area, ......read more
ENEC Innovation Week activities included an Innovation Majlis, hackathons, and collaboration with academia to foster innovative thinking and the pursuit of excellence
Abu Dhabi, UAE - 07 February 2019: The Emirates Nuclear Energy Corporation (ENEC) and its subsidiaries, the Nawah Energy Company and Barakah One Company, hosted an Innovation Majlis, a hackathon, and youth events as part of its UAE Innovation Month activities. The initiatives were designed to foster and sustain a culture of innovation, future planning and adoption of smart solutions across all of ENEC’s business units and subsidiaries.
UAE Innovation Month is one of the largest innovation initiatives in the world. Jointly developed by the Government and private sector entities, the initiative aims to strengthen the UAE’s global presence and increase ......read more
ENEC Innovation Week activities included an Innovation Majlis, hackathons, and collaboration with academia to foster innovative thinking and the pursuit of excellence
Abu Dhabi, UAE - 06 February 2019: The Emirates Nuclear Energy Corporation (ENEC) and its subsidiaries, the Nawah Energy Company and Barakah One Company, hosted an Innovation Majlis, a hackathon, and youth events as part of its UAE Innovation Month activities. The initiatives were designed to foster and sustain a culture of innovation, future planning and adoption of smart solutions across all of ENEC’s business units and subsidiaries.
UAE Innovation Month is one of the largest innovation initiatives in the world. Jointly developed by the Government and private sector entities, the initiative aims to strengthen the UAE’s global presence and increase ......read more
Eng. Mohamed Al Hammadi addresses UAE high ranking military students at Abu Dhabi University
ENEC CEO delivers series of lectures on the role of UAE Peaceful Nuclear Energy Program in advancing the nuclear energy industry locally and internationally
Abu Dhabi, UAE – 2 February 2019: Eng. Mohamed Al Hammadi, Chief Executive Officer of the Emirates Nuclear Energy Corporation (ENEC), addressed high ranking UAE military students at Abu Dhabi University on the unique qualities of the UAE Peaceful Nuclear Energy Program, as a part of a wider lecture series aimed at highlighting the UAE Program’s benefits to the nation, and leading role within the international nuclear energy industry.
As a part of a special course on International Nuclear Politics under the Master's Program in ......read more
Big opportunities to help increase petrochemical output in the Kingdom to USD 453.3 billion by 2030
January 23, 2019 – Under the patronage of His Royal Highness Prince Mishaal Bin Majid bin Abdulaziz Al Saud, Governor of Jeddah, the Jeddah Centre for Forums and Events is set to host the 16th edition of the Saudi Plastic and Petrochemical Exhibition, organized by Riyadh Exhibition Company. The event, taking place from 27-30 January 2019, will host industry leaders from the Kingdom, the region and around the world as they discuss the latest developments related to the plastics and petrochemical industries at local, regional and international levels. The exhibition, supported by both government and private sectors, is strategically important as it provides an ideal platform to enable local companies to establish a base ......read more
GCC banks' financial profiles should remain stable in 2019, absent any unexpected geopolitical or oil-price shock.
Bank lending growth should stabilize at around the 5% mark over the next 12 months, as higher oil prices and stronger public investments raise economic growth in the region overall.
We expect profitability to stabilize--with return on assets at about 1.5%-1.7% and net ......read more
By Ole Hansen, Head of Commodity Strategy at Saxo Bank
Dubai, UAE, September 23, 2018: The Bloomberg Commodity Index, which tracks the performance of 22 major commodity futures, rose from the ashes this past week. The 2% gain occurred after some early weakness after the US announcement of additional tariffs on $200 billion worth of Chinese imports.
The broad-based recovery that ......read more
The International Youth Nuclear Congress and the UAE Permanent Representation to the International Atomic Energy Agency co-hosted a side-event at the 62nd IAEA General Conference in Vienna, Austria
Young professionals from the UAE, USA, China, Russia and France share their views on the future of nuclear energy and technology
Dubai, UAE, September 20, 2018: The International Youth ......read more
ENEC participates in 62nd Annual Regular Session of the IAEA General Conference, UAE side event and International Youth Nuclear Congress event
ENEC CEO updated the attendees on the status of the Barakah Nuclear Energy Plant Project
Abu Dhabi, UAE – 19 September 2018: The Emirates Nuclear Energy Corporation (ENEC) participated in the 62nd Annual Regular Session of ......read more
5MW Ile de Romainville Solar Park being developed with financing worth AED31 million from Abu Dhabi Fund for Development as well as funds from PUC’s own equity
Solar PV project to be integrated with existing 6MW Port Victoria Wind Farm and PUC’s existing power station
Abu Dhabi, United Arab Emirates; Sept 12, 2018 – Masdar, Abu Dhabi Future Energy Company, ......read more
September 11, 2018 - Dubai UAE: A 2016 report by McKinsey & Company found that 14 percent of millennials said they would not work in the oil and gas industry because of its negative image – the highest percentage of any industry. With millennials set to comprise 75 percent of the workforce by 2025, it is imperative companies within the oil and gas industry do more to attract ......read more
Hughes and Yahsat to provide commercial Ka-band satellite broadband service across Africa, Middle East and southwest Asia
Dubai, UAE, September 10, 2018: Yahsat, a leading global satellite operator based in the United Arab Emirates (UAE) and wholly owned by Mubadala Investment Company, and Hughes Network Systems (HUGHES), a subsidiary of EchoStar Corporation (NASDAQ: SATS), today ......read more
Dubai, UAE, September 09, 2018: SNC-Lavalin (TSX:SNC) is pleased to announce that it has been awarded a framework agreement for project support services with LUKOIL Mid-East for the West Qurna phase 2 oil field in Iraq.
“We continue to build on our long-term relationship with LUKOIL and to help them realize their projects successfully. Once again, we look forward to demonstrating ......read more
Dubai, UAE, September 05, 2018: Gazprom Neft, Mubadala Petroleum and the Russian Direct Investment Fund (RDIF, the sovereign wealth fund of the Russian Federation) have announced the completion of a transaction establishing a joint venture to develop oil fields in the Tomsk and Omsk regions of Western Siberia.
Further to an agreement announced on 24 May 2018, Gazprom Neft has now ......read more
Dubai, UAE, September 04, 2018: A collaboration between Masdar, Taaleri Energia and the German development finance institution DEG to develop the largest utility-scale commercial wind project in Serbia has successfully reached a number of key milestones, and is on schedule to start production early next year.
Čibuk 1 in Dolovo, situated 50km outside the capital Belgrade, has ......read more
Abu Dhabi, UAE, September 04, 2018: The third annual Atlantic Council Global Energy Forum will be held in Abu Dhabi on January 12-13, 2019, again kicking off Abu Dhabi’s Sustainability Week.
The two-day premier event gathers international and regional political, industry, and thought leaders to set the global energy agenda for the year and examine the longer-term geopolitical and ......read more
2 September 2018, Abu Dhabi, United Arab Emirates: The Federal Authority for Nuclear Regulation (FANR) and Khalifa University of Science and Technology (KU), have signed a collaborative research agreement focused on advancing nuclear safety research and educating the UAE’s next generation of peaceful nuclear energy professionals.
The agreement was signed during a ceremony held at ......read more
“As the nation prepares to celebrate the 4th Emirati Women's Day under the theme ‘Women on the Course of Zayed’ to honor the achievements of Emirati women and their contributions to the UAE’s development and prosperity through local, regional, international and leadership positions, the outstanding progress made by women across all professional and technical sectors is ......read more
Oliver Wyman releases new report highlighting the impact of PPPs on national infrastructures across major Gulf economies
Dubai, United Arab Emirates, 07 August 2018: In recent years, since the oil price slump, plans have emerged across the Gulf to curb fiscal deficits and diversify economies, most notably through the development of national infrastructure, highlights a new report ......read more
Winner(s) will be announced at the “Unlocking Solar Capital: Africa 2018” conference in November
Dubai, UAE, August 07, 2018: Phanes Group, an international end-to-end solar provider headquartered in Dubai, UAE, has announced the 2nd edition of its Solar Incubator program, aimed at identifying PV projects of potential in sub-Saharan Africa by providing support to funding, and ......read more
Unit 2 Hot Functional Test (HFT) completed successfully as part of testing and commissioning in preparation for operation
Nawah operators benefit from unique plant operating experience
Abu Dhabi, UAE – 6 August 2018: The Emirates Nuclear Energy Corporation (ENEC) has successfully completed Hot Functional Testing (HFT) on Unit 2 of the Barakah Nuclear Energy Plant. This ......read more
2 August, 2018 – Abu Dhabi, United Arab Emirates: National Central Cooling Company PJSC (DFM: Tabreed), the leading regional district cooling utility company, today released its consolidated financial results for the first half of 2018. The company continues to meet the region’s growing demand for district cooling and deliver solid performance and ......read more
Abu Dhabi, UAE – 25 July 2018: Nawah Energy Company (Nawah), the nuclear operating joint venture company established by the Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO), celebrated the graduation of 195 students who are specializing in nuclear energy as part of the ‘Energy Pioneers’ scholarship program.
The graduates ......read more
The renewable fuel alternative is manufactured from the used cooking oil produced by restaurants at The Sustainable City
Dubai, United Arab Emirates, 18 July 2018: The Sustainable City, the Middle East’s first fully operational sustainable community, has adopted B100 biodiesel to fuel the construction of the new buildings in phase 2 including Fairgreen International School, ......read more
New 175,000-square metre facility in Jebel Ali Free Zone to connect to global markets
Dubai, United Arab Emirates, 16 July 2018:- DP World, UAE Region, the Middle East’s leading regional trade enabler, today signed an important Strategic Long Term Service Agreement with Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside ......read more
All major concrete work successfully completed at Unit 3 of the Barakah Nuclear Energy Plant
Major construction work completed on Unit 3 Turbine Generator and Reactor Vessel (RV) Internals
Abu Dhabi, UAE – 10 July 2018: The Emirates Nuclear Energy Corporation (ENEC) has achieved a series of significant milestones in the construction of Unit 3 of the Barakah Nuclear ......read more
Abu Dhabi, June 25-26, 2018
Dubai, United Arab Emirates; July 3, 2018: Business France jointly with EVOLEN, and the French Business Group hosted the third UAE France Oil and Gas Connecting Days from June 25th to 26th in Abu Dhabi and Ruwais. The two days forum included ADNOC and its subsidiaries, as well as several ADNOC partners including Mudabala Petroleum.
This event was ......read more
ADIPEC Awards Celebrate Excellence in the Petroleum Industry
Categories Highlight Outstanding Achievements Shaping the Future in an Evolving Landscape for Hydrocarbons
Abu Dhabi, UAE – 3 July 2018 – Entries for the oil and gas industry’s prestigious ADIPEC 2018 Awards are now open, with six categories focused on issues crucial to the progress and resilience ......read more
1 July 2018, Abu Dhabi, United Arab Emirates: The United Arab Emirates hosted the International Atomic Energy Agency (IAEA) Phase 3 Integrated Nuclear Infrastructure Review (INIR) mission from 24 to 1 July. The aim of the mission was to assist the UAE by providing a review of the nation’s overall nuclear energy infrastructure. The UAE is the first country to implement and ......read more
Dubai, UAE, June 28, 2018: Introduction and basis for preparation
This report sets out details of the payments made to governments by RAK Petroleum plc and its subsidiary undertakings (‘RAK Petroleum’) for the year ended 31 December 2017 as required under the Disclosure and Transparency Rules of the UK Financial Conduct Authority (the ......read more
Dubai, UAE, June 27, 2018: Siemens has received an order for three SGT5-4000F gas turbines from United Arab Emirates (UAE). The turbines will be used in Unit H Phase 4 of the Al Aweer power plant complex which is located approximately 35 kilometers from downtown Dubai. DEWA has awarded the project EPC contract to Siemens in a consortium led by the Egypt-based company El Sewedy Electric Co ......read more
Dubai, UAE, June 24, 2018: The Bloomberg Commodity Index has seen its year-to-date gains disappear following four weeks of heavy selling. The broad-based index, which tracks 22 major commodities evenly split between energy, metals and agriculture, has been hurt by a stronger dollar and trade war angst as well as expectations that Opec+ will increase production in order to cap crude ......read more
Abu Dhabi, 20 June 2018: Mubadala Petroleum announces that it has completed the acquisition from Italy’s Eni of a 10 percent participating interest in the offshore Shorouk Concession in Egypt, which contains the supergiant Zohr gas field. Following the completion, Eni, through its subsidiary IEOC, holds a 50 percent interest in the concession. The other partners in the ......read more
June 20, 2018 - Etihad ESCO, the leading energy service company, announced the signing of an agreement with Jamal Al Ghurair Group to retrofit two of their industrial facilities in Abu Dhabi- Gypsemna and Porcellan. Etihad ESCO and Jamal Al Ghurair Group formed the partnership after identifying the enormous energy savings potential of the project. Being the first retrofit program to be undertaken ......read more
The poll on nuclear energy conducted by independent global market research company Nielsen shows that 82 percent of UAE residents are in favor of using nuclear energy for generating electricity - the highest level of support globally
Al Dhafra residents show highest acceptance levels in the UAE for the construction of the Barakah plant
Abu Dhabi, UAE – 20 June 2018: An ......read more
Abu Dhabi, UAE: 17 June 2018: Adnan Z. Amin, Director-General of the International Renewable Energy Agency (IRENA) has welcomed the European Union’s (EU) decision to increase its renewable energy target from 27 per cent to 32 per cent by 2030, highlighting that the move reinforces the EU’s position at the forefront of energy transformation and reflects the new economics of ......read more
Dubai, UAE; June 13, 2018: Tristar Group’s two warehouses located in the Jebel Ali Industrial Area 1 and 2 were awarded 5-star rating by Dubai Multi Commodities Centre (DMCC) for the second and third consecutive years, respectively.
Shivananda Baikady, General Manager-Road Transport and Warehousing, Tristar, said: “Our specialized warehousing facilities are ......read more
Renewable energy continues to attract an increasing share of global investment, with annual investments expected to grow by $130 billion, compared to 2016 figures, reaching around $370 billion in 2020.
Developing countries now account for almost half of all renewables investment, although to date there has been modest investment in the GCC
Investment in GCC renewable energy could ......read more
By Ole S Hansen, Head of Commodity Strategy at Saxo Bank
Dubai, UAE, June 3, 2018: Commodities traded lower this past week with losses being led by the energy sector while both the metals and agriculture sectors were mixed. Impacting commodities both directly and indirectly were the unfolding political crises in both Spain and Italy, together with Donald Trump’s decision to slap ......read more
All efforts focused on preparations for safety-led nuclear operations of the UAE’s first nuclear reactor in accordance with the highest standards of a nuclear safety culture and quality assurance
Comprehensive schedule review points to start-up of nuclear operations for Unit 1 between the end of 2019 and early 2020
Abu Dhabi, UAE – 26 May 2018: Nawah ......read more
Dubai, UAE, May 24, 2018: The Russian Direct Investment Fund (RDIF, the sovereign wealth fund of Russia) and Mubadala Petroleum, the UAE-based leading oil and gas exploration and production company, announce the creation of a joint venture with PJSC Gazprom Neft to develop several oil fields in the Tomsk and Omsk regions. RDIF and Mubadala Petroleum will acquire a 49 percent equity stake in ......read more
The recently launched licensing round has proven a draw with companies from all over the world thanks to the unique, overall proposition on offer
Ras Al Khaimah, United Arab Emirates, 23, May 2018: With proven hydrocarbon reserves in place, diverse exploration plays, easily accessible existing infrastructure, attractive production sharing terms and commercialization plans, plus a ......read more
70% renewables by 2050 target is achievable if regulations adequately reflect contribution of solar and wind power says IRENA
Dubai, UAE, May 23, 2018: Upgrades to Panama’s regulatory environment and power system management are critical to achieving the renewable energy goals set out in the country’s National Energy Plan, per a Renewables Readiness Assessment ......read more
May 16, 2018, United Arab Emirates: Since mid-2014, the harsh cyclical downturn in oil prices has tested, and proved, the resilience of international oil majors' integrated business models. S&P Global Ratings recognizes the majors' downstream refining and petrochemical assets provided them with a cushion as cash flows from the upstream businesses, ......read more
Visit included a tour of Ruwais Industrial Complex and Ruwais City
Investment and expansion of Ruwais to form centrepiece of ADNOC’s Downstream Strategy
Abu Dhabi, United Arab Emirates, May 15, 2018: As part of the launch of the Abu Dhabi National Oil Company’s (ADNOC) new Downstream strategy at the ADNOC Downstream Investment Forum in Abu Dhabi this week, ......read more
DP World, UAE Region highlights sector-wide collaboration at GPCA Supply Chain Conference
Dubai, United Arab Emirates, 12 May 2018: Petrochemical companies operating in Jebel Ali Free Zone (Jafza), the region’s premier business and logistics hub, generated trade worth AED 16 billion in 2017.
Jafza is home to 526 companies in the sector from 67 countries and will be exhibiting ......read more
The Khalifa Fund for Enterprise Development (KFED) has joined a workshop on the implementation of Abu Dhabi National Oil Company’s (ADNOC) new In-Country Value (ICV) strategy that was launched to help stimulate socio-economic value, promote locally-made content and products, and nurture government and private partnerships in the UAE. The participation was in keeping with Fund’s vision ......read more
Independent, $2.1 billion company focuses on electrical connection and protection
DUBAI, UAE – May 3, 2018 – nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the completion of its separation from Pentair plc (“Pentair”) and its launch as an independent, publicly ......read more
Dubai, United Arab emirates, May 2, 2018: The world is not on track to meet the global energy targets for 2030 set as part of the Sustainable Development Goals, but real progress is being made in certain areas – particularly expansion of access to electricity in least developed countries, and industrial energy efficiency, according to a new report from five international ......read more
May 1, 2018- Ali Al Jassim, CEO of Etihad Energy Service Company (Etihad ESCO), threw the spotlight on the energy and cost savings achieved through successful implementation of retrofit programs by Etihad ESCO in the emirate, during his participation as a keynote speaker at the 8th MEFMA CONFEX, which was recently held in Dubai. The two-day event, organized under the theme ‘Sustainable FM ......read more
FMS Tech is now one of seven exclusive suppliers approved in OPAL’s first round of approvals
29 April 2018, Dubai, United Arab Emirates: Oman Society for Petroleum Services (OPAL) recently announced Fleet Management Systems & Technologies (FMS Tech) as one of its seven approved in-vehicle monitoring systems (IVMS) suppliers for Oil and Gas Transportation Safety Technology in ......read more
Abu Dhabi, United Arab Emirates, 24 April 2018: The Emirates Nuclear Energy Corporation (ENEC) is highlighting the importance of prioritizing health and safety, during its participation in the EmiratesSkills 2018 National Competition, held at Abu Dhabi National Exhibition Centre from 23 to 25 April 2018.
ENEC is the official Health and Safety sponsor and exhibitor, emphasizing the ......read more
Abu Dhabi, United Arab Emirates, April 24, 2018: Masdar (Abu Dhabi Future Energy Company) and the Costa Rican Electricity Institute (Instituto Costarricense de Electricidad, or ICE) have announced a collaboration to promote renewable energy development.
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Eugenia Gutierrez, Member of the Board and Director of ICE, ......read more
Featuring 75 per cent international visitors, 80 per cent decision makers and 65 per cent trade visitors, the event witnessed more than 200 visitors and over 150 delegates on the first day of the event
The event witnessed participation from Saudi Council of Engineers, Sahara Petrochemicals Company, Orpic, Saudi Aramco, ADNOC Gas Processing and SABIC among many others
United Arab ......read more
On the important occasion of Earth Day, GPCA is pleased to announce the release of the 4th Progress Report, highlighting a major increase in global efforts to prevent marine litter
Dubai, United Arab Emirates, 22 April 2018 – The Gulf Petrochemicals and Chemicals Association (GPCA), the voice of the chemical industry in the Arabian Gulf region, today marks Earth Day with the release of ......read more