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
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
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
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
• 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
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 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
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
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
Solar in top 5, while methanol fastest-growing fuel energy term in UAE in online search
Dubai, United Arab Emirates - 12 June 2019: UAE residents are showing increasing interest in methanol and biodiesel as energy resources, with significant online search growth during the past three years, according to a recent report from SEMrush – the award-winning online digital marketing suite.
The SEMrush study, which pooled monthly search volumes of 11 types of fuel energy terms during the past three years, revealed electricity-related online searches were the most popular with UAE residents. Diesel and petrol, natural gas and solar completed the top five related searches.
The fastest-growing fuel energy terms of methanol and biodiesel align with growing regional investment and demand, with ......read more
Abu Dhabi, United Arab Emirates - 11 June 2019: The Italian energy sector looks set to play a key part in European participation at the 24th World Energy Congress, taking place in Abu Dhabi from 9-12 September, following today’s visit to the country by the leadership of the Congress Organising Committee.
Earlier today, H.E. Dr. Matar Al Neyadi, Chairman of the 24th World Energy Congress Organising Committee, met senior Italian energy stakeholders in Rome to brief them on progress so far towards September’s Congress, including the Congress programme, side events and many other initiatives taking place across the four days.
The meeting included discussions and perspectives towards energy transition in Europe and the Gulf Region. The meeting was organised by the Italian National ......read more
After three successful years, Lukoil Marine Lubricants will once again supply Kuwait Oil Tanker Company’s full fleet of various tanker vessels
Dubai, United Arab Emirates - 11 June 2019: Dubai-based subsidiary of LUKOIL, Lukoil Marine Lubricants (Lukoil), has reached a renewal agreement with the subsidiary of Kuwait Petroleum Corporation (KPC), Kuwait Oil Tanker Company (KOTC). For the past three years, Lukoil has supplied KOTC’s full fleet of tanker vessels with their specialized product of marine lubricants. The new deal between the two companies will help to build upon the existing foundation of an already solid business working relationship. As per the contract terms, Lukoil will supply KOTC’s 24-strong fleet consisting of Very Large Crude Carriers (VLCC’s), Product Carriers, Liquefied ......read more
Dubai, UAE, 09 June 2019: Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, announced the launch of its summer campaign, under the slogan ‘Switch to 24°C and save more’. The campaign runs from June till end of summer. This is part of Empower’s efforts to support sustainability and deliver environmentally friendly district cooling services.
The campaign helps customers to reduce their district cooling energy consumption during summer period by encouraging them to set the AC thermostat to 24°C, to reduce cost, promote environmental conservation, save energy, and protect resources, to achieve the transition to a green community.
Empower highlighted that setting the AC thermostat to 24°C is the optimum temperature for ideal ......read more
• Seven-Year 170 Million Gallon Equivalents Purchase from Clean Energy Fuels Corp.
• Will Reduce GHG Emissions by More than 1 Million Metric Tons
Dubai, United Arab Emirates - May 29, 2019: today announced an agreement with Clean Energy Fuels Corp. (NASDAQ: CLNE) to purchase 170 million gallon equivalents of renewable natural gas (RNG) through 2026. This is the largest commitment for use of RNG to date by any company in the United States, with a range of 22.5 - 25 million gallon equivalents per year. RNG is a key part of UPS’s strategy to increase alternative fuel consumption to be 40% of total ground fuel purchases by 2025, supporting the logistics leader’s efforts to reduce the absolute greenhouse gas (GHG) emissions of its ground fleet 12% by 2025.
Dubai, United Arab Emirates, 27 May 2019: ENOC Group has announced ambitious plans to strengthen its retail and service station network by 2020 to meet the requirements of Expo 2020 Dubai.
ENOC Group will further expand its retail network to 191 from its current 129 service stations across the UAE in the lead up to Expo 2020 Dubai as its Official Integrated Energy Partner. Alongside, the Group will also expand its local presence across the Northern Emirates through reopening service stations in Sharjah; Ras Al Khaimah and Fujairah.
In 2019, ENOC plans to open 15 service stations across the UAE, with five service stations and three compact stations in Dubai. The Group will also move forward with its plans for Sharjah by opening five service stations in its reclaimed locations; one new service station in ......read more
Bin Shafar: AI based district cooling mechanism increases efficiency and leads to more reduction in energy consumption
Dubai, United Arab Emirates - May 26, 2019: Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, stated that the use of Artificial Intelligence (AI) technology in district cooling systems helps to improve the efficiency of the sector and provide an easier experience for the countries and companies looking for adopting district cooling systems. Empower is committed to offer innovative and environmentally friendly district cooling solutions since its inception, 15 years ago.
With the advancement of AI technology, the company will continue its efforts to employ smart and advanced district cooling systems, which support the transition towards the ......read more
• Gasunie manages its high-grade gas grid using innovative Schneider Electric’s Advanced Gas Management System (AGMS) software
• The AGMS software serves as a modern, sophisticated and smart SCADA + Grid Management platform for natural gas grid management
• It is built with the joint effort of Gasunie and Schneider Electric and relies on EcoStruxture ADMS proven foundations in the power utility industry
• Using AGMS technology, Gasunie reduces its operational transport cost while maintaining the highest standards for safe and secure operations
Dubai, United Arab Emirates - May 23, 2019: Schneider Electric, the leader in the digital transformation of energy management and automation, and Gasunie, the leading European gas infrastructure company, have successfully completed a ......read more
Dubai, United Arab Emirates - May 22, 2019: Every year, companies spend more than $450 billion on energy and sustainability initiatives while 63% of Fortune 100 companies have set clean energy targets. That’s a clear indication that companies recognize the positive benefits these efforts bring.
There is ample proof to validate the same. Organizations that actively manage for climate change see an average of 67% higher return on equity than companies that don’t. In addition, the nearly 80,000 emission-reducing projects reported by 190 Fortune 500 companies in 2016 returned almost $3.7 billion in savings. A groundswell of new technology means that its increasingly easier for companies to meet their energy and environmental goals.
For corporate leaders, this creates an opportunity and a challenge: more ......read more
The Lighting Retrofit Project to generate AED 5 million annual savings
UAE, 16 May 2019 – Etihad Energy Services Company (Etihad ESCO) announced the signing of an agreement with Sharaf Electronics for the implementation of the lighting retrofit project at three terminals of Dubai Airport. The project will replace over 15,000 outdoor and indoor lights with latest energy saving LED lights, resulting in about AED 5 million annual savings every year, for next seven years for the airport. In addition, the project supports Dubai Airport’s vision of environmental sustainability.
As an accredited ESCO company with Regulatory & Supervisory Bureau (RSB) for electricity and water in Dubai, Sharaf Electronics is tasked to complete the project within a year and a half. With over 8,500 outdoor lights, including high mast lighting ......read more
Agreements in Egypt and Bahrain open up new markets for company
Follows recent contract wins in Saudi Arabia and Kenya
May 12, 2019: Abdul Latif Jameel Energy has stepped up its active participation in the Middle East’s water sector with two agreements expanding its presence in Egypt and Bahrain.
Almar Water Solutions, Abdul Latif Jameel Energy’s dedicated water solutions unit, formed a joint venture with HA Utilities (HAU), part of Hassan Allam Holding (HAH), to provide sustainable water infrastructure solutions to municipal and industrial clients across Egypt.
Drawing on the extensive sector experience of both companies, the JV will work on developing sustainable water solutions, including water and wastewater management, and BOT and BOO projects in ......read more
Affirms openness and advocacy for securing the digital economy and strengthening cybersecurity policies and laws to benefit customers, partners, and its extended ecosystem
Advances digital trust in our hyper-connected world by prioritizing cybersecurity practices that address digital risk
Improves how customers secure and protect digital infrastructure while complying with international requirements
Dubai, UAE, May 02, 2019: Dedicated to securing and protecting trust in the digital economy, Schneider Electric announced this year its membership in the Cybersecurity Coalition, based in Washington, D.C. As a digital transformation leader operating in more than 100 countries, Schneider Electric continues to work closely with governments, customers, and partners to play a principal role in confronting cybersecurity risks and ......read more
Dubai, UAE, 1st May 2019: Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, announced its readiness for summer, with the latest global technologies; to meet the growing demand for district cooling services in Dubai during the summer. The company usually launches summer campaigns to raise awareness among customers, and help them reduce consumption during summer.
Empower confirmed the completion of the periodic maintenance of its 75 cooling plants across Dubai, ensure the provision of high quality district cooling services for customers, during the peak hours of summer.
Empower confirmed the use of latest district cooling systems, that comply with global standards, in its operational processes. This supports reducing electricity and water consumption by ......read more
Provides cooling services for more than 17% of hotels in Dubai
Help to build a green economy and achieve sustainable development
Ahmad Bin Shafar: “The steady growth in Dubai’s hospitality industry is a clear indication that this sector needs to adopt district cooling systems to be an active partner in promoting sustainability and reducing carbon emissions. ”
Dubai, UAE, 29th April 2019: In conjunction with the Arabian Travel Market 2019, Ahmad Bin Shafar, CEO of Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, has confirmed Empower’s support to Dubai’s hospitality sector, one of the fastest-growing industries in the UAE. The district cooling system helps the hotel enterprises to reduce carbon emissions and supports the ......read more
- Fully integrated with Abu Dhabi General Administration of Customs, FANR NuTech Portal is the first of its kind in the UAE
- FANR NuTech Portal reduces approval time for clearing of shipments from customs by 80%
28 April 2019, Abu Dhabi, United Arab Emirates: The Federal Authority for Nuclear Regulation (FANR), the nuclear regulator in the UAE, has developed the nation’s first automated import and export control system for nuclear related dual use Items. Fully integrated with Abu Dhabi General Administration of Customs, FANR’s NuTech Portal system is paperless and has reduced approval time for the clearing of shipments from Abu Dhabi Customs by 80%, and achieved a customer happiness rating of 100%.
The FANR’s NuTech Portal was established in March 2018, following five ......read more
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 Ruler of Dubai, at a press conference held in the city of Casablanca in the Kingdom of Morocco. As part of the Council's strategy, the aim is to encourage innovative ideas from individuals and research centres, as well as public and private sector institutions to participate in the forthcoming award.
The launch ceremony witnessed the presence of representative of UAE embassy in Morocco and HE Ahmad Buti Al Muhairbi, Secretary General of the ......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
April 19, 2018 - Ali Al Jassim, CEO of Etihad Energy Service Company (Etihad ESCO), officially inaugurated the first session of the Certified Measurement & Verification Professional (CMVP) program recently, alongside Professor Abdullah Al Shamsi, Vice Chancellor of the British University in Dubai (BUiD). The session, which forms part of the Dubai Energy Efficiency Training Program, was held ......read more
- Nishant Dighe Chief Executive Officer of RAKPA
Ras Al Khaimah, United Arab Emirates, 19 April 2018: After the recent announcement of the Government of Ras Al Khaimah appointing His Highness Sheikh Ahmed Bin Saud Bin Saqr Al Qasimi as Chairman of Ras Al Khaimah Petroleum Authority (“RAKPA”), Nishant Dighe is appointed as Chief Executive Officer of RAKPA. Nishant Dighe, ......read more
UAE, April 10, 2018 – H.E. Engineer Awaidha Murshed Al Marar, Chairman of the Department of Energy - Abu Dhabi, lauded the Emirates CMS Power Company’s (ECPC) initiative aimed at managing and operating Taweelah A2 in Abu Dhabi by UAE Nationals for one month, noting that its success in achieving its objectives further boosts Emirati employees to handle leading roles in the future ......read more
Construction of Reactor Containment Building Dome Structure for Unit 4 successfully completed; the final unit of the Barakah Plant
Unit 4 Reactor Coolant Loop (RCL) pipe welding and setting of key equipment also completed
Abu Dhabi, United Arab Emirates, 10 April 2018: Reaching another milestone in the development of the Barakah Nuclear Energy ......read more
Abu Dhabi, 09 April, 2018: Mubadala Petroleum announces that it has signed the Production Sharing Contract (PSC) for Andaman I, as awarded by the Government of Indonesia in the 2017 Indonesian Licence Round.
Mubadala Petroleum is the operator of the Andaman I PSC and a partner in the Andaman II PSC, operated by Premier Oil, which was also signed last week.
The Andaman I and II ......read more
April 8, 2018 - In line with their collective efforts to make Dubai a leading example of energy efficiency for the region and the world, Etihad Energy Service Company (Etihad ESCO) and TAQATI- the dedicated program management office for the Dubai Demand Side Management (DSM) strategy - are hosting and strategically endorsing the 4th Annual RetrofitTech Dubai Summit and Awards on April 10 and 11, ......read more