Dubai PR Network, Online Press Release from Dubai and Middle East
Featured in Energy, Oil & Gas
Honeywell Announces Opening of Gas Detector Factory in Saudi Arabia…

• New facility will form part of Honeywell’s alignment to Saudi Vision 2030 and localization commitments, supporting economic diversification • Honeywell becomes the first international company to produce industrial gas detectors in Saudi Arabia     June 02, 2020 - Honeywell (NYSE: HON), a global technology leader, has today announced it will open a new facility for the production of gas detection devices in Saudi Arabia. The factory underscores Honeywell’s commitment to the In-Kingdom Total Value Add (IKTVA) program.   Established to accelerate Saudization, IKTVA’s aim is to achieve 70% localization of production and jobs by 2021 and act as a key enabler of Saudi Vision 2030. The new “Made in the Kingdom” Honeywell factory will support IKTVA’s localization ......read more

Trina Solar Recognized as a "Top Performer" Module Manufacturer for Sixth Consecutive Time…

Dubai, United Arab Emirates, May 31, 2020:   Trina Solar Co., Ltd ("Trina Solar" or the "Company"), the world's leading PV and smart energy total solution provider, has been recognized as a "Top Performer" for outstanding product reliability and performance among global PV module manufacturers by PV Evolution Labs (PVEL), the leading independent test laboratory for the global downstream solar industry.  The company is one of only two PV module manufacturers with worldwide reach to gain the recognition for the sixth consecutive time since the Top Performer designation was established. The recognition is based on the results of the Product Qualification Program (PQP), presented in the 2020 PV Module Reliability Scorecard issued by PVEL, following factory inspections that took place ......read more

MHPS Captures Global Gas Turbine Market Share Leadership Again…

-- Demand Surges for Advanced Class Gas Turbines --    Dubai, United Arab Emirates, May 20, 2020:   Mitsubishi Hitachi Power Systems (MHPS) ranks first in market share by megawatts for gas turbine orders in 2020 according to data obtained from McCoy Power Reports. First quarter global orders of 2,638 MW brought MHPS’ market share to 28.5 percent globally. This increase in gas turbine market share was largely responsible for worldwide order booking increasing 19.7 percent during MHPS’ fiscal year ending March 31, 2020. “The extremely competitive global gas turbine market has moved in our direction with a clear preference for our JAC gas turbines, which are more reliable than competitor’s gas turbines while providing record-setting fuel efficiency and output,” said Ken Kawai, ......read more

Reduced Demand for Global Oil Supply May Be Permanent…

Dubai, United Arab Emirates, May 13, 2020:   Robert Minter, Investment Strategist at Aberdeen Standard Investments, explains the impact of the pandemic on the O&G sector worldwide and offers some predictions for the next 12 months.   Some stress had already begun to appear in the global oil markets at the turn of the year. The US and Europe were in the middle  of an unusually warm  winter, which reduced  energy demand. In the US, investors were prioritising capital discipline over production increases and had started raising interest rates for lower credit quality oil producers. But little evidence existed for the impending shock to demand that would dwarf all others.   The first cases of coronavirus occurred in early December but were not in sufficient scale to be noticed until six weeks later ......read more

ENEC CEO Addresses Global Energy Community During Atlantic Council Fireside Chat…

 H.E. Mohamed Al Hammadi, CEO of ENEC, sat down via video conference with Frederick Kempe, President and CEO of the Atlantic Council, for a virtual fireside chat on COVID-19 and the future of the decarbonized global power system  H.E. Al Hammadi: ”Over 700 people are working on the Barakah plant project to meet the timeline”     Abu Dhabi, UAE – 09 May 2020:   His Excellency Mohamed Al Hammadi, Chief Executive Officer of the Emirates Nuclear Energy Corporation (ENEC), recently sat down via video conference with Frederick Kempe, President and Chief Executive Officer of the Atlantic Council Global Energy Center, during a virtual fireside chat on the progress being made at the Barakah Nuclear Energy Plant, the impact of the COVID-19 pandemic on energy systems, and the ......read more

Trina Solar Vertex Module Reaches 515.8W Power Output Reviewed by TÜV Rheinland…

The Vertex module sets new industry benchmark with its ultra-high power output   Dubai, UAE – 04 May 2020:   Trina Solar Co., Ltd ("Trina Solar" or the "Company") announced that its Vertex module is able to reach 515.8W power output, based on the test result by TÜV Rheinland’s independent evaluation. This is another major breakthrough and milestone after Trina Solar had commenced formal mass production of the Vertex pilot line on March 18 and the shipment of the first Vertex order on March 27. The Vertex is one of the first ultra-high power modules to be certified by international testing institutions. It has passed the TÜV Rheinland photovoltaic module IEC test and been granted both the IEC 61215 PV module performance standard and the IEC 61730 PV module safety ......read more

MHPS J-Series Gas Turbine Fleet Achieves One Million Commercial Operating Hours…

• Achieves world record reliability of 99.3% • Latest enhancement is the largest, most fuel-efficient gas turbine in operation anywhere in the world • 30% renewable hydrogen capable, with 100% capability in development       Dubai - UAE, May 4, 2020:   Mitsubishi Hitachi Power Systems’ (MHPS) J-Series gas turbine installed fleet today reached one million hours of commercial operation, nearly double that of similar sized gas turbines from competitors. This gas turbine series - the company’s largest and most advanced - leads the industry with reliable, efficient power generation and flexibility to meet new and higher standards for reduced carbon emissions. Introduced in 2011, the J-Series delivers an industry-leading overall reliability of 99.3%. The air-cooled JAC ......read more

Gulf Renewable Lab Receives Accreditation from GCC Accreditation Center…

Dubai, United Arab Emirates, April 29, 2020:  Gulf Renewable Lab, a joint venture between global safety science organization UL and GCC Electrical Testing Laboratories (GCC Labs) has received accreditation by GCC Accreditation Center (GAC) in accordance with the recognized International Standard ISO/IEC 17025:2017.   The recently inaugurated Gulf Renewables Lab met the technical competence requirements and management system requirements that are necessary for it to consistently deliver technically valid test results.   The laboratory received the accreditation as a result of successfully adhering to the general requirements for competence of testing and calibration laboratories set by the International Organization for Standardization (ISO) and GAC.   The GRL laboratory, located in Dammam's Third Industrial ......read more

Commodity Weekly: Oil Bounces but Risk of Tank Tops Still Weighing…

While the US stock market, led by technology, healthcare and media, continues to send a signal that all is well you only have to look beneath the surface to find that it is not the case. Massive amounts of stimulus have found their way into the stock markets but not to the man on the street with unemployment rising and consumer confidence plummeting. These developments have put many government and health authorities under considerable pressure to reduce lock downs.  While some may be successful many are not yet ready and the impact on growth and demand will continue to deteriorate. These developments continue to be most visible across key commodities as they respond to demand more most other sectors. The table below shows the impact on key commodities since the Covid-19 pandemic became known outside of China. Growth and demand ......read more

BNC Network Press Release: USD 12.9 Billion Worth of Energy Projects were Awarded in the GCC in Q1 2020 Registering a 53% QoQ Hike…

BNC Network Energy Sector Drives Construction in Q1 2020 USD 12.9 billion worth of energy projects were awarded in the GCC in Q1 2020 registering a 53% QoQ hike     Key Highlights   • Oil & gas projects worth USD 7.3 billion were awarded across the GCC in Q1 2020 • USD 19.2 billion worth of urban construction projects were completed in the first quarter of 2020 • UAE construction sector leads Q1 2020 with 12.4 billion worth of new project announcements, 9.4 billion worth of contract awards and 18.4 billion worth of project completions      Dubai, United Arab Emirates, April 21, 2020:   The GCC construction market is estimated at USD 2.4 trillion, with over 23,000 active projects at the end of Q1 2020. BNC Network, the largest ......read more

Are you Seizing all the Digital Opportunities in your Oil and Gas Downstream Operations to Improve Profits?…

Written by: Georges El Mir, Vice President Oil, Gas & Petrochemicals, Schneider Electric Dubai, United Arab Emirates, April 16, 2020:   Oil prices have been declining since reaching a record of almost $150/barrel over a decade ago (yes, prices were that high). The price volatility has caused, and continues to cause, a lot of distress across the value chain, reducing both CAPEX and OPEX in almost all companies in this industry. We are in a vicious cycle when maintaining investment into the future is critical for innovation and sustainability, not just during the next few years but well into the next few decades. This volatility has further compounded the existing challenges, such as, an ageing workforce and increased environmental regulations.  How can refineries and petrochemical plants continue to sustain ......read more

Deloitte Middle East Point of View: Resilience in the Oil and Gas Industry…

Dubai, United Arab Emirates, April 15, 2020:    The  increased oil production by Saudi Arabia and Russia combined with the COVID-19 pandemic, have precipitated a global economic slowdown that has left Oil and Gas companies wondering in which direction the industry is heading.  This is one of the topics discussed by Deloitte’s experts in the latest edition of the Deloitte Middle East Point of View: Stay calm and be prepared. In the spring 2020 issue of the magazine, Deloitte experts look at what actions organizations need to take to future-proof themselves from crises. In their article Building resilience, Bart Cornelissen, Energy, Resources and Industrials Leader and Yasmin Fansa, Manager, Monitor Deloitte, Middle East, say that: “The situation in the Oil and Gas industry has been further affected by ......read more

Trina Solar Vertex Modules Take Middle East Solar Market Into the Era of 500W+ Output…

Dubai, United Arab Emirates, April 07, 2020:   Trina Solar Co., Ltd ("Trina Solar" or the "Company") has announced that it has signed a sales agreement with the Yemeni photovoltaic firm Al Raebi, to supply 6MW of Vertex series modules to high-efficiency distributed PV projects in the Middle East. The acquisition of the order signals the degree to which the Vertex series modules will lead the Middle East solar market into the era of 500W+ ultra-high power output, boosting the local application of photovoltaic clean energy. The Vertex series modules, with a conversion efficiency reaching 21%, boast power output exceeding 500W. The modules come in bifacial double-glass and back sheet versions, incorporating 210mm cells and integrating advanced three-piece, non-destructive cutting and high-density ......read more

Working From Home? Reduce Your Energy Bills With These Simple Hacks…

As many of us settle into a routine of working from home, companies have never been better prepared to take advantage of the technology now available to meet these new demands.    However, this greater flexibility in how we are working comes with drawbacks. To stay connected with our colleagues, remote working requires greater usage of electricity and energy, between plugging in our machines, using appliances more often, and the temptation for regular trips to the coffee machine or boiling water for a cup of tea.   This means we are using far more energy without realizing it, and in turn seeing our electricity bills rise. But there are some simple tips and tricks you can implement into your daily work at home routine that will help you use energy more efficiently and save money on your electricity bills in the ......read more

Schneider Electric Introduces Uniflair™ Rack Mounted Cooling Solution to Meet the Needs of Edge Computing…

• 3.5kW, 5U, DX based solution is designed for fast installation and servicing • Rack mounted design frees up IT floor space • Low maintenance requirements make Uniflair Rack Mounting Cooling ideal for edge computing and micro data center applications   March 11, 2020 – Schneider Electric, the leader in digital transformation of energy management and automation, today announced the introduction of its first rack mounted data center  cooling solution. The Uniflair Rack Mounted Cooling 3.5kW, DX solution addresses the escalating demand for rack-based cooling for micro data centers and edge computing where space can be at a premium.   Available globally, the new offer frees up valuable IT floor space by placing the IT cooling at the bottom of any IT rack. The solution can be integrated ......read more

UAE's Energy for Greater Efficiency Can Propel Region Towards a Sustainable Future, Industry Experts Tell Middle East Energy 2020…

Public and private sector efforts held up as benchmark during thought-leading session titled ‘Decarbonisation and Sustainable Development Goals’ ‘Expo site is a blueprint for future smart city’ - Markus Strohmeier, Siemens  Session told energy services companies (ESCO) in the Emirates have increased tenfold in past two years  Dubai, UAE: 04 March 2020: Greater focus on energy efficiency will help reduce costs and aid Middle East energy sector players meet the dual challenge of meeting growing demand for power while reducing carbon footprint, according to industry experts during a thought-provoking plenary session titled ‘Decarbonisation and Sustainable Development Goals’ on the sidelines of Middle East Energy 2020, the 45th edition of the global energy platform, which runs until March 5 ......read more

UAE Becomes First Peaceful Nuclear Operating Nation in Arab World…

• Safe Completion of Fuel Assembly Loading in Unit 1 at Barakah Nuclear Energy Plant Marks the Start of Nuclear Operations for Electricity Generation • Certified Operators Begin Process to Gradually Produce Clean Electricity   Abu Dhabi, UAE – 3 March 2020: The Emirates Nuclear Energy Corporation (ENEC) announced today that, following the successful completion of fuel assembly loading into Unit 1, the UAE has officially become a peaceful nuclear energy operating nation. The Nation also becomes the first country in the Arab World to achieve this status, joining a limited group of countries worldwide that have successfully developed the intellectual and infrastructural capacity to use nuclear energy to generate safe, clean, and reliable baseload electricity.    The milestone was achieved this ......read more

World's Power Sector Leaders Gather in Dubai for Mega Middle East Energy Meet…

Digitalisation and renewables will be front and centre across three days as Energy & Utilities Market Outlook report forecasts annual investment in renewable energy to top US $35 billion in MENA  Dubai, UAE: 02 March 2020: Power sector leaders have arrived in the UAE for this week’s mega Middle East Energy exhibition and probing conference series which begins a three-day run at the Dubai World Trade Centre tomorrow (March 3). Set against the background of an industry in the midst of major disruption and transformation, the show, previously known as Middle East Electricity, has attracted more than 1,100 exhibitors from more than 130 countries. Industry heavyweights will demonstrate breakthrough technologies that are changing the entire energy eco-system, with power capacity in the MENA region set for annual 6.4% ......read more

African Renewable Energy Sources Underused Says Kenyan Power Expert…

Continent to see increased focus on geothermal, wind, solar & biomass    Dubai, UAE: 01 March 2020: African’s rich renewable sources are being underused even though the continent aims to connect 60 million new households to electricity grids by 2030. The under-utilisation claim was made by Wnaguli Charles Wainaina, the Chief Procurement Officer of the Kenya Electricity Generating Co. Ltd ahead of his buying visit to Middle East Energy, the mega global power event, which runs at the Dubai World Trade Centre from March 3-5.   Mr Wataina, who is being hosted at Middle East Energy organised by Informa Markets, said recently the African power scene had undergone transformation to a more renewable focus but needed to boost efficiency of the approach.   “There has been a paradigm shift in ......read more

Schneider Electric Joins Cybersecurity Tech Accord…

• Largest-ever cybersecurity alliance advances industry collaboration to defend digital economy • Improves the security, stability and resilience of cyberspace in an increasingly digital world • Supports the commitment to an open, transparent and collaborative culture that focuses on people, processes and technology   February 27, 2020 – Schneider Electric, the leader in the digital transformation of energy management and automation, has joined the Cybersecurity Tech Accord, a watershed agreement among its signatories to enhance the cybersecurity ecosystem and to defend the digital economy from cyberattacks.    The Cybersecurity Tech Accord is a public commitment among 144 global companies to protect and empower civilians online and to improve the security, stability and resilience of ......read more

Middle East Gas Market Growing at Double the Rate of Global Energy Demand…

According to BCG’s report, the Middle East can deliver 8500 bcm of gas by 2030 marking the strongest growth in a decade Dubai, 23 February, 2020 : The natural gas market in the Middle East is experiencing a substantial growth phase, with its cost of supply remaining competitive in the long-term despite shale revolution. The recent report by Boston Consulting Group’s (BCG), Snam, and the International Gas Union (IGU) reveals that the Middle East and Asia-Pacific have demonstrated the strongest growth in gas demand the past ten years – growing at an average of 4.6% per year, double the rate of global primary energy demand. The Middle East can deliver approximately 8,500 billion cubic meters (bcm) of gas with average breakeven prices of $2.5 per MMBtu [Million British Thermal Units] by 2030. While recent record low ......read more

Schneider Electric's Secure Power Division Celebrates an Award-Winning Year in 2019…

• The Secure Power Division captures more than 20 industry awards for leadership, solutions, and programs in 2019 • Industry analysts, trade publications and leadership groups among those recognizing Secure Power  • Division provides power and cooling solutions for data centers, distributed IT, and non-IT applications   BOSTON, MASS., FEBRUARY 13, 2020 –  Schneider Electric, the leader in digital transformation of energy management and automation, has announced that its Secure Power Division received more than 20 awards across leadership, offers, and programs in 2019, leading the way in the data center and IT industries. In addition to the awards, a number of media, analysts and industry organizations recognized Secure Power with prestigious rankings. Most recently, independent technology ......read more

Digital Convergence of Power Management and Process Automation to Boost Oil and Gas Profitability…

This piece is co-authored by Chris Dartnell, President Oil and Gas, Industrial Automation Business at Schneider Electric and Shebin Jalal, Global Solution Architect, Oil and Gas, Industrial Automation Business at Schneider Electric    Dubai, United Arab Emirates, February 19, 2020:   Today, devices of all kinds across the Oil & Gas industry are equipped with intelligent sensors that gather data. Since these devices are connected, they send the data forward to a repository like the cloud, and the data is then correlated and analyzed on servers. The rapid output of that analysis enables better, faster process decisions that help cut costs and drive efficiencies. Consider the example of pump jacks in an oil field. Traditionally, oil companies would regularly schedule crew visits (every 6 months or so) to the ......read more

FANR Issues Operating License for Unit 1 of Barakah Nuclear Power Plant…

- UAE is the first country in the Arab region to operate a nuclear power plant. - License issuance follows comprehensive review of Operating License Application submitted by the Emirates Nuclear Energy Corporation on behalf of Nawah in 2015   17 February 2020, Abu Dhabi, United Arab Emirates: The Federal Authority for Nuclear Regulation (FANR), the UAE’s independent nuclear regulator, has today issued the Operating License for Unit 1 of the Barakah Nuclear Power Plant to the Nawah Energy Company (Nawah), the Emirates Nuclear Energy Corporation’s (ENEC) subsidiary responsible for operation of the nuclear power plant located in the Al Dhafra region of Abu Dhabi Emirate in the United Arab Emirates.    The Operating License, with an estimated duration of 60 years, authorizes Nawah to commission and ......read more

Schneider Electric Adds New Features and PROFIBUS and PROFINET Compatibility to TeSys™ island Digital Load Management System…

• Application avatars set new ease-of-use standards for pump and conveyor environments.  • PROFIBUS and PROFINET protocol support now added to existing Ethernet/IP and Modbus TCP compatibility for a wider range of applications. • Flexible load management now allows for autonomous operation mode.   Schneider Electric, the global specialist in energy management and automation, today announced important additions to its versatile TeSys™ island digital load management system solution. When introduced, TeSys island redefined the way loads are managed and introduced unprecedented potential for efficiency in machine design, installation and service phases. TeSys island is a fully digitized and object-oriented load management system and an Industry 4.0 compliant data provider. With the availability ......read more

Other Top Stories from Energy, Oil & Gas
 
The Dubai Supreme Council of Energy (DSCE) launches the fourth edition of Emirates Energy Award ...…

The award aims to promote practices and techniques to improve energy efficiency, rationalize consumption and increase renewable energy Dubai, UAE, April 27, 2019:  The Supreme Council of Energy in Dubai announced the launch of the fourth edition of the Emirates Energy 2020 Award, under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and ......read more

APICORP 2019 OUTLOOK: Total Planned and Committed MENA Investments in Energy Sector estimated to be ...…

 The share of non-government led investments increased to 22% from last year   Saudi Arabia has the largest committed and planned investments in the medium-term followed by UAE and Kuwait  The power sector constitutes 36% of total investment in the region  The oil sector remains important with just over half of projects now committed accounting for USD 304 ......read more

In 2019 first quarter, the amplified Schneider Sustainability Impact reaches 6.23 out of 10…

Following the excellent progress on SSI in 2018, objectives for 9 indicators out of 21 have been raised With a result of 35% renewable electricity consumption, Schneider Electric continues its steady progress towards its 80% goal in 2020  More than 49,000 metric tons of avoided primary resource consumption Dubai, UAE, April 23, 2019:  For the fifth year, Schneider Electric, ......read more

LIN SCAN successfully inspects unpiggable loading line in UAE using state of the art technology…

Dubai, United Arab Emirates, April 23, 2019:   On 6th February 2019, LIN SCAN successfully completed the cleaning and inspection of three strategic crude oil loading lines in the UAE that had been deemed unpiggable. Within 120 days, thanks to excellent planning and innovation, LIN SCAN carried out the geometric and metal loss inspection survey using its high-resolution Magnetic Flux ......read more

Schneider Electric named among 100 of the World's Most Ethical Companies by the Ethisphere® ...…

Schneider Electric is recognized for the ninth consecutive year for putting values and ethics at the heart of its strategy  The ranking recognizes Schneider Electric’s long-term commitment to business ethics at all levels Schneider Electric will expand its ethics charter with a chapter on digital responsibility, making it a leader in this area   Dubai, UAE, April ......read more

LIN SCAN successfully cleans unpiggable UAE loading lines…

Dubai, United Arab Emirates, 21 April 2019:  On 6th February 2019, LIN SCAN successfully completed the cleaning and inspection of three strategic crude oil loading lines in the UAE that had been deemed unpiggable. Within 120 days, thanks to excellent planning and innovation, LIN SCAN carried out the geometric and metal loss inspection survey using its high-resolution Magnetic Flux Leakage ......read more

APICORP Reports 2018 Record Financial Year with net profit increase to USD182m…

2018 marks a record financial year for APICORP  Total assets grew by 11% Dubai, UAE, April 17, 2019:   The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, held its 43rd General Assembly for 2019 in Muscat, Oman.  The meetings were attended by the shareholders of APICORP representing its member states, the ten ......read more

Grandweld Shipyards delivers four Crew Boats to Kuwait Oil Company…

As per the contract’s delivery deadline 17 April 2019:   The UAE-based, Grandweld Shipyards, has recently announced a delivery of four Crew Boats to Kuwait Oil Company “KOC”. As per the contractual agreement signed in May 2017, Grandweld should build six Pilot Boats and four Crew Boats for KOC. Five boats have been delivered and the remaining five will be ......read more

BP and Schneider Electric Sign Five-Year, Global Frame Agreement…

Schneider Electric to serve as one of BP’s Main Electrical Contractors  Intention to drive value, innovation and safety for BP’s upstream projects EcoStruxture architecture to improve lifecycleTotEx spend from design to commissioning to operations Dubai, UAE, April 16, 2019:  BP, a global energy producer, has selected Schneider Electric, a leader in the digital ......read more

RAK Petroleum plc announces share buyback offer…

Not for Direct or Indirect Release, Publication or Distribution, in Whole or in Part, Into or in the United States, Canada, Australia, New Zealand, South Africa, Japan, the Kingdom of Saudi Arabia or the United Arab Emirates or Any Other Jurisdiction in Which Offers or Sales Would Be Prohibited by Applicable Law. Please See the Important Notice at the End of This Announcement. Dubai, UAE, ......read more

Schneider Electric Extends Award-Winning Galaxy UPS Series with the Galaxy VS for Critical ...…

Compact and flexible design ideal for any environment 99% online efficiency and Lithium-ion battery option reduce Total Cost of Ownership EcoStruxure™ Ready simplifies management and servicing Modular design for faster deployment and servicing Dubai, UAE, April 14, 2019:  Schneider Electric, the leader in digital transformation of energy management and automation, today ......read more

DP World, UAE Region to Unveil Door-to-door Solutions at GPCA…

Strengthening Dubai's Position as a Hub for Petrochemicals and Chemicals Dubai, United Arab Emirates, 13 April 2019:   DP World UAE Region will showcase its latest range of offerings for the petrochemicals and chemicals sector at the 11th Gulf Petrochemical and Chemical Association (GPCA) trade show that will be held from 15-17 April 2019 in Dubai. The company will highlight ......read more

Abdul Latif Jameel Energy continues advance in Australia in drive to grow capacity eight-fold by ...…

The solar plant will produce enough energy to supply more than 45,000 Australian homes, while avoiding the emission of 175,000 tons of CO2 per year FRV has invested USD 700m in Australia since 2012  Company investing USD 900m worldwide in 2019 alone in strategy to increase installed capacity eight-fold by 2024 in projects around the world Dubai, UAE, 10 April 2019:  ......read more

At Hannover Messe 2019, Schneider Electric showcases digital collaboration and productivity ...…

Schneider Electric Exchange is the world’s first cross-industry open ecosystem that unleashes the power of collaboration in an open environment Schneider Electric’s EcoStruxure architecture and platform gives unprecedented productivity with IIoT-ready solutions for machine builders A new range of EcoStruxure Advisor apps and services help companies start their digitization ......read more

Schneider Electric Combines Physical Infrastructure with Cisco's HyperFlex™ Edge for New Micro Data ...…

Offering several new, customizable reference designs for flexibility and fast deployment at the Edge Dubai, UAE, April 07, 2019:   Schneider Electric, the leader in digital transformation of energy management and automation, announced today new solutions for micro data centers that couple APC by Schneider Electric physical infrastructure with Cisco’s HyperFlex Edge, ......read more

The Arab Petroleum Investments Corporation (APICORP) issues USD 300 million 5-Year Dual Listed ...…

The transaction from APICORP is the third successful “Formosa” bond since its first Formosa issuance in 2016 Dubai, UAE, April 03, 2019:   The Arab Petroleum Investments Corporation (APICORP), a multilateral development bank, rated Aa3 by Moody’s with a positive outlook, successfully issued its third Formosa bond after accessing this market earlier in 2016 and ......read more

Next Stage of Testing Completed at Unit 2 of Barakah Nuclear Energy Plant…

Structural Integrity Test (SIT) and Integrated Leak Rate Test (ILRT) successfully completed for Unit 2 SIT and ILRT demonstrate Unit 2’s exemplary structural safety performance under normal and extraordinary circumstances  Abu Dhabi, UAE – 31 March  2019:  The Emirates Nuclear Energy Corporation (ENEC) has recently completed the Structural Integrity Test ......read more

Schneider Electric accelerates its practices of gender equality and inclusion forward with 100% ...…

Schneider Electric is the first multi-national company to achieve unanimous commitment by its country presidents to the UN’s guidelines on gender equality and empowerment Commitment exemplifies Schneider Electric’s practices of inclusion and furthers the company’s goals of advancing gender equality across its global footprint  Dubai, United Arab Emirates, March ......read more

Schneider Electric Partners with Vericlave to Strengthen Customers' Cyber Posture…

Fortifies end-to-end cyber portfolio to protect industrial installations Advanced technology shrinks attack surface by more than 90 percent Cuts cybersecurity deployment and ownership costs by 50 percent or more   Dubai, United Arab Emirates – March 21, 2019 –   Schneider Electric, the leader in the digital transformation of energy management and ......read more

ENOC Group to offer over 200 job opportunities at Careers UAE 2019…

Dubai, UAE; March 19, 2019: As part of its commitment towards human capital development, ENOC Group will offer over 200 job opportunities across upstream, downstream and corporate divisions within the Group to UAE nationals. These rewarding career opportunities will be showcased by the Group at the UAE Career Fair, to be held from March 19 to 21 at the Dubai World Trade Centre. ENOC is ......read more

Schneider Electric accelerates the transition to low carbon economy at the One Planet Summit 2019…

• 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 ......read more

Empower saves electricity worth AED 3 billion in 2018…

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 ......read more

First edition of Abu Dhabi Engine Week coming soon to the capital…

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 ......read more

South Energy signs agreement for its first solar project…

2MWp photovoltaic system set to provide green energy for five of Dubai South facilities Solar plant to generate more than 3,000,000kWh of clean & renewable energy annually Initiative set reduce CO2 emissions by 1,500 tons annually March 13, 2019: In line with Dubai’s efforts to increase sourcing energy needs from renewable energy and meet the goals under Dubai Clean Energy ......read more

ENEC Signs Memorandum of Understanding with ENUSA…

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 ......read more

Industrial Sector's Business Group discusses Sharjah Chamber of Commerce and Industry's strategy to ...…

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 ......read more

Empower receives Dubai Chamber CSR label for the fifth year consecutively…

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 ......read more

Region's Young Engineers Shine Light on Intelligent Energy Solutions at "Future ...…

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 ......read more

HH Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance opens ...…

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 ......read more

Joint task-force of Dubai government entities and ENOC make steady progress in curbing illegal ...…

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 ......read more

French electricity sector experts show their loyalty to Middle East Electricity 2019 in Dubai…

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 ......read more

Middle East Electricity to Define Major Forces Disrupting Global Power Sector…

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 ......read more

Water revolution gathers pace in Middle East as eco-friendly consumers have their say…

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 ......read more

Power of Renewables takes centre stage at Middle East Electricity 2019 with solar impulse ...…

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 ......read more

French electricity sector experts show their loyalty to Middle East Electricity 2019 in Dubai…

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 ......read more

Ahmad Bin Shafar participates in the IDEA Campus Energy 2019 at New Orleans, Louisiana…

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, ......read more

Artificial Intelligence to Impact Regional Power Sector Jobs, says New Middle East Electricity ...…

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, ......read more

Mubadala Petroleum Signed South Andaman PSC in Indonesia…

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 ......read more

The UAE's Pioneering Nuclear Energy Program Discussed During ‘Government Leadership Talks'…

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 ......read more

MHPS Is Global Market Share Leader in 2018 for Heavy Duty Gas Turbines…

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 ......read more

Etihad ESCO announces completion of Hatta Solar retrofit project…

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 ......read more

Nexans to present its cutting-edge umbilical offer at EGYPS 2019…

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 ......read more

ENEC Marks Innovation Week with a Focus on Youth, Artificial Intelligence and Sustainability…

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 ......read more

ENEC Marks Innovation Week with a Focus on Youth, Artificial Intelligence and Sustainability…

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 ......read more

TSSC continues to raise the bar on cold chain innovation with latest sustainable solutions…

February 04, 2019: Technical Supplies & Services Company (TSSC), a leading manufacturer of advanced building materials and systems in the Middle East and a member of Harwal Group, announced that its latest innovative technologies for the cold chain industry continue to gain traction, serving the ever-growing demand for energy-efficient solutions in the region in line with the highest ......read more

ENEC's CEO Highlights Strategic Importance of UAE Peaceful Nuclear Energy Program at Abu Dhabi ...…

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 ......read more

Saudi Plastic and Petrochemical Exhibition 2019 set to launch with government and private sector ...…

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 ......read more

Empower achieves steady growth in 2018 with Net Profit exceeding AED 800 Mn …

Empower also achieved the milestone of Revenues crossing the mark of AED 2.0 bn for the first time Total Cooling Capacity reached to 1.43 million RT in 2018 Customer base expanded to 100,000 and the total number of buildings served by Empower DCS reaches to 1,090. Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, ......read more

ENOC ‘Women in Energy Awards' recognises achievements in the energy sector…

Eight women from diverse backgrounds within the energy sector win inaugural awards   Dubai, UAE; January 22, 2019:  ENOC Group’s inaugural ‘Women in Energy Awards’ honoured eight women in a first-of-its-kind award ceremony held to recognise women’s achievements within Dubai’s energy sector.    The biennial awards which were previously ......read more

Crescent Petroleum signs MoU to sponsor Special Olympics…

Sharjah, UAE January 20, 2019:   Crescent Petroleum, the Middle East's first and largest private exploration and production company, has signed a memorandum of understanding (MoU) with the Local Organizing Committee (LOC) for Special Olympics World Games Abu Dhabi 2019 to sponsor the World Games taking place 14-21 March, underscoring its commitment to empowering people of ......read more

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