Wintershall continues on growth course
Robust portfolio ensures profitability
Positive free cash flow despite low prices
Kassel / Abu Dhabi, March 23, 2017: Wintershall is on a growth course despite the difficult conditions in the industry and attained an historic level of production in 2016 of 165 million barrels of oil equivalent (BOE). This means the company has increased its oil and gas production in the last ten years by around 50 percent. At the same time, Wintershall more than doubled its commercially recoverable oil and gas reserves in the same period from 814 million BOE to 1.62 billion BOE. “Solid foundations for further profitable growth in future too,” CEO Mario Mehren said at the company’s annual press conference and announced that the company would continue on its long-term growth ......read more
Reactor Coolant Loop (RCL) pipe welding completed, establishing new quality benchmark for global industry
Concrete pouring for containment building dome structure successfully completed
Abu Dhabi, UAE – 22 March 2017: The Emirates Nuclear Energy Corporation (ENEC) has successfully completed the welding of Reactor Coolant Loop piping and the Reactor Containment Building (RCB) dome structure for Unit 3 of the Barakah Nuclear Energy Plant.
The completion of pipe welding for the Reactor Coolant Loop has set a new global benchmark for quality in pipe welding, and the RCB dome structure marks the completion of the major construction activities for the building which houses the main components. These achievements mark another set of safe and on-time milestones in the construction of Unit 3, which is now 69 ......read more
Abu Dhabi, United Arab Emirates; March 22, 2017: EDF Group, via its subsidiary EDF Energies Nouvelles, a market leader in renewable energy electricity, has joined the Masdar-led consortium developing the 800-megawatt (MW) third phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai.
The agreement formalising the company’s entry into the consortium was signed today by Jean-Bernard Levy, Chairman and CEO of EDF Group, and Mohamed Jameel Al Ramahi, CEO of Masdar, Abu Dhabi Future Energy Company.
His Excellency Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), His Excellency Michel Miraillet, Ambassador of France to the UAE, and Antoine Cahuzac, Group Senior Executive Vice President for Renewable Energies at EDF Group and Chief Executive Officer (CEO) of EDF Energies ......read more
Dubai, UAE, March 22, 2017: The clock is ticking for UAE entities as they look forward to taking their place in the UAE Pavilion – one of the largest – at the International Specialized Exhibition EXPO 2017 "Future Energy", which will be held in less than 80 days’ time.
“With less than three months remaining until EXPO 2017, we are happy to announce that the preparations for the exhibition are almost over, and the participating countries are already starting to organize their pavilions”, said Akhmetzhan Yessimov, the Chairman of the Board of JSC National company Astana EXPO-2017.
The United Arab Emirates will host one of the largest pavilions at the event, spread over 980 square metres, that will feature a presence from major UAE organisations. EXPO 2017 will run from 10th June to 11th ......read more
Region outgrows global average of 2.2%
Dubai, United Arab Emirates, March 21, 2017: The petrochemical industry in the Arabian Gulf region grew at 3.7%in 2016 reaching 150 million tons of capacity, according to an annual study by the Gulf Petrochemicals and Chemicals Association (GPCA), outpacing the global average growth of 2.2%. The figures emerged from ‘Arabian Gulf Industry Year in Review’ part of GPCA’s recently released Annual Report.
Released today by GPCA, the go to resource for industry data in the region, the study highlights that the industry’s growth is largely due to new capacity added in Saudi Arabia, the region’s largest petrochemical producer with 99.1 million tons of capacity, representing a 66% share of regional capacity.
While the report highlights a fall ......read more
A surge of mega deals is approaching and will accelerate the “merger endgame” in multiple chemicals markets.
United Arab Emirates, Dubai, 21 March, 2017: Record-high M&A activity is set to transform the chemicals industry in 2017, according to A.T. Kearney’s new Chemicals Executive M&A Report. More than $300 billion of chemicals M&A deals are in the pipeline of which four pending mega deals represent 75 percent. Each of these large deals (Dow-Dupont, Bayer-Monsanto, ChemChina-Syngenta, Praxair-Linde) is valued between $40-70 billion, two to three times larger than any single deal seen in the past 10 years.
“The planned mega deals highlight a broader trend of diversified chemicals companies shifting their portfolios toward more pure play models. This shift is incentivized by the higher ......read more
Decarbonisation of global energy system, led by renewables and efficiency, would create economic gains
Berlin, Germany, 20 March 2017 — Global energy-related carbon dioxide (CO2) emissions can be reduced by 70% by 2050 and completely phased-out by 2060 with a net positive economic outlook, according to new findings released today by the International Renewable Energy Agency (IRENA). Perspectives for the Energy Transition: Investment Needs for a Low-Carbon Energy Transition, launched on the occasion of the Berlin Energy Transition Dialogue, presents the case that increased deployment of renewable energy and energy efficiency in G20 countries and globally can achieve the emissions reductions needed to keep global temperature rise to no more than two-degrees Celsius, avoiding the most severe impacts of climate ......read more
Abu Dhabi-UAE: 16 March, 2017: In keeping with its corporate social responsibilities, ADNOC Distribution announced its support for the GCC Traffic Week taking place across the GCC region from 12 to 18 March 2017. The 33rd edition of the annual traffic safety campaign is running under the theme of ‘Your Life is Trust’.
Throughout its nationwide service station network, ADNOC Distribution is seeking to raise awareness about the importance of adhering to speed limits, along with the dangers of using mobile phones behind the wheel, driving without a seat belt, and parking in spots designated for people with special needs.
Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, said: "As a key supporter of transport and mobility operations across the UAE, ADNOC Distribution recognises ......read more
Company’s annual event from 11-12 April at Atlantis, The Palm to showcase advanced seamless digital connectivity platform - EcoStruxure™
Set to draw participation of around 2,500 attendees from Middle East and Africa
Dubai, UAE: 16 March, 2017: Schneider Electric, a global specialist in energy management and automation, is set to highlight how the future of energy management and automation is being redefined at the IoT-themed Innovation Summit on 11 and 12 April at Atlantis, The Palm in Dubai.
Currently in its fifth year, Schneider Electric’s flagship event will showcase the latest technologies providing homes, datacenters, hotels, healthcare, businesses, utilities providers and O&G operators with analytics, real-time data management and intelligence capabilities. The largest of ......read more
Bahrain Prepares to Host the Second Edition of the Middle East Heavy Oil Congress
Middle East Holds Nearly 1 Trillion Barrels of Heavy Crude Oil, accounting for nearly 30% of World Reserves: Industry Report
Kingdom of Bahrain – 13 March 2017: Technology and innovation will play an instrumental role in securing heavy oil’s valuable position in the global energy mix, according to the region’s industry experts.
Speaking ahead of the upcoming Middle East Heavy Oil Congress (MEHOC), the largest gathering of heavy oil professionals in the region, Dr Peter Bartlett, Chief Executive of the Bahrain Petroleum Company (Bapco), said overcoming the challenges associated with leveraging this complex – but invaluable – energy resource will depend on the industry’s ability to develop commercially viable ......read more
Oil prices on Thursday saw a healthy $1 rise, sparked by the reductions in production by OPEC and non-OPEC producers that came into effect on January 1st.
This shows that investors are getting on board with the commodity, despite the concerns around the American crude oil inventory, which grew from 2.9 million barrels to 488.3 million barrels in just a week, according to the US Energy Information Administration.
Balancing Supply and Demand
OPEC countries agreed to reduce crude oil production as of the start of the year in a bid to fix the oversupply that has been experienced in many parts of the world. Before these measures came into place on New Year's Day, Saudi Arabia was shipping more oil than it had since May 2003 at 8.26 million barrels per day. Even though these were the highest export levels in well over a ......read more
Bab Al Sharq Station in Mohammed Bin Zayed City Starts Operation
Abu Dhabi,UAE, March 07, 2017: ADNOC Distribution announced the opening of Bab Al Sharq ADNOC Xpress station in Mohammed Bin Zayed City in Abu Dhabi as part of phase one of its plan to open 10 such stations to service the most congested areas of the city and its suburbs.
ADNOC Xpress stations have a longitudinal ground plan featuring one island with either two or three dispensers that offer only two fuel varieties. Stations with two dispensers span an area of 600 square metres, and those with three dispensers cover an area of 800 square metres. The Bab Al Sharq station offers Special 95 and E-plus 91 in line with the findings of the company’s survey that showed most customers in the area favour these two fuel types.
Saeed Mubarak Al Rashdi, Acting Chief ......read more
Opens two new marine services stations in Abu Dhabi and Ras Al Khaimah
Move to better serve needs of fishermen and boat owners
Abu Dhabi, 05 March, 2017: In line with the initiatives of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, to ensure the highest quality of life for the people of the UAE and support the country’s sustainable development, Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, opened recently Ghalila marine service station located near the Ghalila Fishermen Association in Ras Al Khaimah.
The opening ceremony was attended by Eng. Abdullah Al Neyadi, Projects Unit Head at Crown Prince Court, Munther Mohammed Bin Shekar, Director-General of Ras Al Khaimah Municipality, Eng. Ahmed Mohammed Ahmed Al Hammadi, Director General of Public Works ......read more
CEO of UAE-based DC Pro Engineering outlines the future for energy and why it is vital governments budget the use of power to save the environment
Dubai, UAE, March 2, 2017: “Global Warming is the biggest failure of the human race.” So says world-renowned energy expert George Berbari in his new book ‘The Energy Budget’, which was launched last night (Wednesday) in a grand ceremony at the RODA Murooj.
More than 250 people, including distinguished guests such as H.E. Sami Nmeir, Lebanon’s Counsel General in Dubai, Dr. Khalid Omar Al Midfa, Chairman of Sharjah Media City, municipal figures, sustainability champions and leading members of the UAE and international media, were in attendance to hear ‘The Energy Budget’ author talk passionately about what he feels is the culmination of his ......read more
ADNOC Distribution Opens Two New Xpress Stations in Abu Dhabi City
Abu Dhabi, 01 March, 2017: ADNOC Distribution announced the opening of two new Xpress stations in Abu Dhabi city as part of phase one of its plan to open 10 such stations to service the most congested areas of the city and its suburbs. The new stations are Al Qurm Xpress station, located on Sheikh Zayed Road, and Al Khubaira Xpress station, situated on King Abdullah bin Abdulaziz Al Saud Street in the Al Bateen area.
ADNOC Xpress stations have a longitudinal ground plan featuring one island with either two or three dispensers that offer only two fuel varieties. Stations with two dispensers span an area of 600 square metres, and those with three dispensers cover an area of 800 square metres. The Al Qurm and Al Khubaira Xpress stations offer Super 98 and Special ......read more
Agreement creates long-term value and will help protect ADNOC from energy market fluctuations
Abu Dhabi, UAE – February 22, 2017: The Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Vitol, the world’s largest independent energy trader, for the sale of up to 528,000 tonnes per year of LPG, to Vitol, over the next 10 years.
The long-term agreement, backdated to January 1, 2017 and which will expire on the 31st of December 2026, was signed on the side-lines of International Petroleum Week (IP WEEK), taking place in London, by Abdulla Salem Al Dhaheri, ADNOC Sales and Marketing Director and Russell Hardy, a member of Vitol’s Executive Committee.
Al Dhaheri said: “ADNOC has implemented a new strategy toward its LPG sales by negotiating longer term contracts to cope with the ......read more
HE Ahmad Bin Shafar: ‘We have a firm commitment to provide the best cooling services by using eco-friendly technologies and Dubai takes a front seat in global discussions of district cooling’
Themed as “A Sustainable Future”, the conference is held in sync with International District Energy Association (IDEA)’s Board of Directors Meeting
Dubai, UAE, 21 February 2017: HE Ahmed bin Shafar, CEO of Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, is participating in the IDEA Campus Energy 2017 which is being held in Miami, Florida, USA under the theme “A Sustainable Future”. This conference is held in sync with the IDEA Board of Directors Meeting.
HE Bin Shafar, who is a member of the IDEA Board of ......read more
Abu Dhabi, 20 February, 2017: ADNOC Distribution announced today the opening of a Vehicle Inspection Centre (VIC) for light vehicles within the Motor World service station located in the Al Shamkha area in Abu Dhabi.
The opening ceremony was attended by Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, Brigadier Ali Khalfan Al Dhaheri, Director-General of Central Operations at Abu Dhabi Police (ADP), and a number of ADNOC Distribution and ADP officials.
The new facility provides inspection for light vehicles, as well as licensing and registration services for customers through an Abu Dhabi Police Vehicle Licensing Section office located within the premises. The VIC also incorporates branches of selected car insurance companies.
ADNOC Distribution is also set to open a car care ......read more
Concession entry valued at AED 6.5 billion
Deal strengthens strategic and economic relationship between UAE and China
Partnership will maximise onshore field value in support of ADNOC’s long-term growth objectives
Abu Dhabi, UAE – February 20, 2017: Abu Dhabi National Oil Company (ADNOC), today, signed an agreement with the China National Petroleum Corporation (CNPC), awarding it an 8% interest in Abu Dhabi’s onshore oil concession. CNPC contributed a sign up bonus of AED 6.5 billion ($1.77 billion) to enter the concession. The onshore concession is operated by the Abu Dhabi Company for Onshore Petroleum Operations (ADCO).
The agreement was signed by His Excellency Dr Sultan Ahmed Al Jaber, ADNOC Group Chief Executive Officer and member of the Supreme Petroleum Council of the Emirate of Abu ......read more
The 42nd edition of Middle East Electricity is underway with a key focus on the development and implementation of Smart Cities across the region
Dubai, UAE, February 16, 2017: Middle East Electricity (MEE), which opened yesterday at the Dubai World Trade Centre, has put innovation at the forefront of the 2017 edition, with a keen focus on smart innovations and the current market products and trends that come with it.
Hosted by the Ministry of Energy and in partnership with Dubai Municipality the event is showcasing a number of special features and content platforms designed to help the industry learn and develop in line with its goals to become smarter and more sustainable.
Speaking on the side lines of MEE, H.E. Suhail Mohammed Al Mazrouei, Minister of Energy for the UAE, said, “Middle East Electricity has ......read more
ADNOC has a disciplined focus on operational efficiency and enhanced performance
Investments, collaboration, strategic partnerships and smart funding are key to meeting nation’s rising energy demand
Cairo, Abu Dhabi, 15 February 2017: His Excellency Dr. Sultan Ahmad Al Jaber, UAE Minister of State and ADNOC Group CEO said, today, the UAE is well prepared to meet future energy challenges and maintain its position as a reliable source of oil and gas, in support of the country’s socio-economic and human development goals.
In line with the UAE leadership’s strategic goals, H.E. Dr Al Jaber said ADNOC is balancing a disciplined focus on operational efficiency and enhanced performance with the imperative to maintain targeted, investments in exploration, petrochemicals, technology and people, while ......read more
The 42nd edition of Middle East Electricity opens with a key focus on the development and implementation of Smart Cities across the region
Dubai, UAE, February 15, 2017: His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and the Minister of Finance of the UAE, officially inaugurated the 42nd edition of Middle East Electricity (MEE) in the presence of other VIP dignitaries.
The theme of Middle East Electricity this year is ‘Smart Cities’. Hosted by the Ministry of Energy and in partnership with Dubai Municipality the event will be showcasing special features designed to help the industry learn and develop in line with its goals to become smarter and more sustainable.
A new feature this year is the ‘Smart Cities Innovation Zone’. Located in Zabeel Hall 3, this dedicated ......read more
The leading eco solutions provider is showcasing its latest sustainable living concepts for the region at the three-day event
Dubai United Arab Emirates: Panasonic, a global leader in technology, is showcasing its path breaking products in the energy creation, air conditioning, and lighting segments at Middle East Electricity (MEE) 2017, region’s largest power exhibition, happening at Dubai International Convention Centre on February 14-16, 2017.
In line with governments’ efforts to encourage environmental sustainability and energy security in the region, Panasonic Marketing Middle East and Africa (PMMAF) is focusing on bringing in solutions that are ready meet the rising demand for renewable energy technologies as well as energy efficiency and electrical solutions. The Japanese manufacturer is introducing its ......read more
Sulphur production to double over next decade
Abu Dhabi, UAE – February 13th 2017: The Abu Dhabi National Oil Company (ADNOC) plans to capitalise on increased sulphur processing capabilities, by doubling production and targeting new markets in Africa, Asia, South America and Australia, according to Omar Suwaina Al Suwaidi, ADNOC’s Gas Management Director.
During his keynote speech, today, at the inaugural Middle East Sulphur Conference, Al Suwaidi said ADNOC’s clear focus is on retaining and strengthening the company’s competitive edge, and on maximising the value of the UAE’s natural resources, including sulphur, a by-product of gas processing.
Al Suwaidi said: “We produce 6 million tonnes of sulphur per year and we expect production to double over the coming decade, due to ......read more
European refineries eager to capitalize on MENA region’s rising demand by leveraging dedicated ‘Fats & Oils’ segment at Gulfood 2017
Growth in low-fat, low-cholesterol and low-calorie oils driven by health-conscious consumer demand
Dubai, UAE, February 13, 2017: An increasing appetite for olive oil is spearheading strong demand for edible oils across the Middle East and North Africa (MENA), putting the sector on track to record a 5.3 per cent compound annual growth rate by 2021, far outstripping the forecasted 3.8 per cent global average, according to Euromonitor International, the market research provider.
Euromonitor International also reported that soaring demand for olive oil, particularly in the United Arab Emirates and Saudi Arabia, is the result of an influx of Arab and Southern European ......read more
Abu Dhabi, UAE – 17 May 2016: The Emirates Nuclear Energy Corporation (ENEC) announced the approval by the ENEC Board of Directors of the formation of Nawah Energy Company (Nawah) as ENEC’s wholly-owned operating subsidiary. Nawah will be mandated by ENEC to safely operate and maintain Barakah Units 1-4.
The ENEC Board of Directors mandated ENEC management to proceed with the ......read more
Smallest wireless power meter which revolutionizes energy meters in electrical panels now available in the Gulf
Dubai, UAE, May 16, 2016 – Schneider Electric, the global specialist in energy management and automation, has launched PowerTag®, the smallest wireless power meter available, designed to enhance the monitoring and security of electrical assets, in the Gulf ......read more
Operations will commence in the new location by the beginning of 2022
Abu Dhabi-UAE: 16 May, 2016 – In line with Abu Dhabi Vision 2030, which is aimed at creating an effective shift in the Emirate’s economy and to achieve greater integration with the global economy; ADNOC Distribution and Abu Dhabi Ports signed a Mustaha agreement yesterday. The new agreement aims to ......read more
Dubai, UAE, May 14, 2016: AlMansoori, the leader in oilfield services in the Middle East, has enhanced its senior management team with the appointment of three key personnel to its operations.
Mousa Kiwan has been appointed as corporate supply chain manager for AlMansoori Specialized Engineering, while Erhan Saygi has been announced as marketing and integrated service manager for ......read more
65% of respondents expect to spend less on projects than last year
Dubai, UAE, May 11, 2016: According to a new survey released by PwC Middle East, capital projects and infrastructure has been greatly impacted by slowdowns and deferrals of government spending as a result of ‘lower for longer’ oil prices.
PwC Middle East’s survey titled “Delivering ......read more
- ENEC CEO, Mohamed Al Hammadi and senior officials to host forums to highlight the importance of nuclear energy and the progress being made at the Barakah Nuclear Power Plant
Abu Dhabi, UAE – May 11, 2016: Emirates Nuclear Energy Corporation (ENEC) will host public forums at Baynounah Institute of Science and Technology, in Abu Dhabi’s Western Region on Monday 16th May, ......read more
Dubai, UAE, May 9, 2016: GCC SERVICES was named the Gold Award winner for the fourth consecutive year in the Facility and Maintenance category of the American Society of Safety Engineers Gulf Cooperation Council Health, Safety and Environment (ASSE-GCC HSE) Excellence Award 2016. GCC SERVICES has won this prestigious award in recognition of excellence in the fields of health and safety, CSR ......read more
Abu Dhabi-UAE: May 07, 2016 – Committed to encourage several of its departments, ADNOC Distribution held its annual ceremony yesterday to award the winners of its third Health, Safety and Environment (HSE) Award programme. This year’s initiative saw an increase of 57% from last year, having had 58 submissions this year as opposed to 37 last year.
The ceremony was attended by ......read more
Shah Field Sour Gas project largest of its kind in the world
Abu Dhabi, UAE – 27 April, 2016: His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, officially inaugurated, today, ADNOC’s Al Hosn Sour Gas Development Project, the largest of its kind in the world. H.H. Sheikh Mohammed was ......read more
Dubai, UAE, April 27, 2016: A memorandum of understanding (MoU) was today (Wednesday 27 April) signed to strengthen occupational safety and health competence in Oman’s oil and gas sector.
The agreement between the Institution of Occupational Safety and Health (IOSH) and the Oman Society for Petroleum Services (OPAL) cements the working relationship between the two ......read more
Forum demonstrates ENEC’s continual commitment to safety
International expertise embedded within ENEC
Abu Dhabi, UAE – 27 April 2016: The Emirates Nuclear Energy Corporation (ENEC) organized a presentation by international experts on safety in nuclear energy. Naohiro Masuda, the President and Chief Decommissioning Officer of Fukushima Daiichi Decontamination and ......read more
United Arab Emirates; April 20, 2016 – ENEC – the Emirates Nuclear Energy Corporation – is keen to ensure that international companies, in particular French companies, in the nuclear sector take a more active role in the upcoming calls for tender for the Barakah power plant project, in particular in respect of operations and maintenance. With this in mind, from 26 to 28 April ......read more
CheckPoint Pumps & Systems announced the introduction of a value-for-money chemical pumping solution for the first time in the Middle East. The new pump is both environmentally friendly and harnesses solar power to reduce emissions.
CheckPoint’s Series FXS Solar Injection System is designed to provide continuous chemical injection and precise flow control without the use of timers. ......read more
Facility will be even better placed for targeted and effective renewable energy investments in developing countries through $6m of technical and administrative support from Abu Dhabi Fund for Development over next four years
Abu Dhabi, UAE, 19 April, 2016 – Abu Dhabi Fund for Development (ADFD) has signed a new cooperation and support agreement with the International Renewable Energy ......read more
The First Day of the conference showcased best-practices of the industry.
Dubai, UAE, April 19, 2016: Plant Maintenance and Reliability is significantly important to reduce the overall operating cost, while boosting the productivity of the plant. In lieu of the same, Neft Management in collaboration with a committee of regional and international oil company representatives ......read more
Unit 2 Reactor Containment Building Dome Structure Completed
Installation of the Post-Tensioning System underway
Abu Dhabi, UAE – 19 April 2016: The Emirates Nuclear Energy Corporation (ENEC) today announced the completion of the construction of the concrete dome for the Unit 2 Reactor Containment Building (RCB), another major achievement in the development of the UAE’s ......read more
As a result of facilities maintenance for service stations
Abu Dhabi-UAE: 17 April, 2016 – ADNOC Distribution today announced the temporary closure of its Al Abraj service station located in the King Faisal Street at Al Butain area in the Emirate of Umm al-Quwain. The closure, which commenced as of today 17 April and will last up to a maximum of 20 days, comes as part of the ......read more
As part of its commitment to providing the best services in Abu Dhabi
Abu Dhabi-UAE: 12 April, 2016 - ADNOC Distribution today announced the opening of the new Al Manara service station, located near Mazyad Mall in Mohammed Bin Zayed city, Abu Dhabi. The company has recruited all its capabilities and expertise to provide the station with the services and facilities needed to meet the ......read more
Dubai, 12th April, 2016: Mr. Dharmendra Pradhan, Minister of State (Independent Charge) for Petroleum and Natural Gas, Government of India addressed UAE business leaders at a gathering held on 11th April, 2016 at the Taj Dubai. The event was also attended by a delegation from the Energy sector in India including CMDs from the Indian Oil Corporation, Hindustan Petroleum, Oil India Limited and ......read more
World Nuclear Fuel Cycle Conference 2016 held in UAE capital
ENEC lead sponsor of conference
Abu Dhabi, UAE – 07 April 2016: The Emirates Nuclear Energy Corporation (ENEC) provided a project update on the status of the UAE peaceful nuclear energy program and the Barakah site to international nuclear industry leaders attending the inauguration of the World Nuclear Fuel Cycle (WNFC) ......read more
• Earnings in 2015 significantly below previous year owing to price developments
• High production target for 2018 remains unchanged
• Further developments in UAE and the ME
• Expenditure will decrease considerably in 2016
Abu Dhabi, 7 April 2016. Wintershall made a profit of more than 1 billion euros in 2015 for the fifth year in a row – ......read more
The conference and exhibition witnessed more than 500 government and industry attendees and representatives of Oil & Gas sector.
Dubai, UAE, April 6, 2016: Held under the Patronage of HRH Prince Dr. Turki Bin Saud Bin Mohammed Al Saud, The Manufacturing Conference & Exhibition for Oil & Gas (MAF 2016) commenced on an upbeat note at the Crowne Plaza, Dubai, United Arab ......read more
Dubai, UAE: In the presence of HE Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy (DSCE), MD and CEO of Dubai Electricity and Water Authority (DEWA), and Chairman of the World Green Economy Summit (WGES), DEWA organized, in collaboration with Dubai Carbon Centre of Excellence (DCCE) and United Nations Development Programme (UNDP), a ceremony to honor organizations ......read more
• 33.4 project developed by Phanes Group and partners, will generate 50,000MWh per year
• PV solar output of the country will have increased fivefold by end of 2016
• Model project for solar ‘bankability’ in complex emerging markets
Dubai - UAE, March 31, 2016: Monte Plata, a 33.4 megawatt (MW) photovoltaic solar array located on the Dominic Republic ......read more
Masdar Institute Partners to Create 3D Images and Simulations for Improved Oil Recovery
Abu Dhabi-UAE: 30 March, 2016 – The Digital Rock Physics (DRP) project, a research and development (R&D) collaboration with partners including Abu Dhabi National Oil Company (ADNOC), French energy firm Total, Masdar Institute of Science and Technology, and the Petroleum Institute, has won the Oil ......read more
Participants from around the world to participate in key nuclear energy conference in Abu Dhabi
30 March 2016 – Abu Dhabi, UAE: Under the Patronage of H.H. Sheikha Fatima bint Mubarak, Supreme Chairwoman of the Family Development Foundation, President of the General Women’s Union, Chairwoman of Motherhood and Childhood Supreme Council, ENEC has announced that Abu Dhabi will host ......read more
Abu Dhabi-UAE: 24 March, 2016 – ADNOC Distribution has launched an initiative to encourage female customers to register for ADNOC Wallet accounts. As part of the drive, eight female promoters have been commissioned to the four service stations participating in the pilot phase of the programme from 22 March to 21 April 2016.
The promoters will work in morning and evening shifts to help ......read more
UAE government’s restructuring is timely and will impact the economy positively, says London Business School expert
Dubai, UAE, 22 March 2016: According to Vasiliki Kostami, Assistant Professor of Management Science and Operations at London Business School, the UAE’s recent government restructuring initiative has come at the right time and will provide a boost to the national ......read more
IRENA Director-General: “Deploying renewable energy to schools gives students a reason to learn about sustainability in an academic environment.”
Abu Dhabi, UAE, 21 March 2016 – Germany’s Foreign Minister Dr. Frank-Walter Steinmeier and Minister for Economic Affairs and Environment Sigmar Gabriel congratulated Students-Research-Network South Wuerttemberg (SFZ) for ......read more
Shams General Manager: “Shams 1 will continue to provide a world-leading, technologically advanced template for the effective use of solar power”
Abu Dhabi, UAE, 16 March 2016 – Today marks the third anniversary of the start of the Shams 1 Concentrated Solar Power (CSP) plant’s operations. Shams 1, which occupies 2.5 square kilometres and has a power generating capacity ......read more
Abu Dhabi, UAE – 15 March 2016: The Emirates Nuclear Energy Corporation (ENEC) was a lead sponsor of the 2nd Middle East Nuclear Training and Simulation Forum held at the Rosewood Hotel, Abu Dhabi, from the 14-15 of March.
The Middle East Nuclear Training and Simulation Forum is the only business conference in the Middle East for the nuclear industry with a focus on simulators and is ......read more
Abu Dhabi, 15 March 2016: The External Relations & Collaborations Department at the Petroleum Institute (PI) hosted a group of 20 Japanese delegates on the institute’s premises. Dr. Thomas Hochstettler, Petroleum Institute’s President, and Ebrahim Al Hajri, Director of External Relations and Collaborations, welcomed the delegation. The purpose of the meeting was to assess the ......read more
Ground breaking deal in Oil and Fuel sector for Gulf Oil International and the world’s number one football brand
Gulf Oil International is proud to announce that it has entered into a long-term partnership with the world’s leading football brand, Manchester United. This groundbreaking initiative - believed to be the first such in the sector - makes Gulf Oil International Manchester ......read more
Largest Asian buyers shifted their attention back to Saudi Arabian crude oil
Dubai, March 14, 2016 – Thomson Reuters, the world’s leading source of news and information for professional markets, released its OPEC Oil research and forecasts report for the month of February 2016.
According to the findings, crude exports declined marginally in February despite production falling by ......read more
Abu Dhabi - UAE: 14 March 2016- The World Refining Association (WRA), today announced, the 17th edition of the Abu Dhabi International Downstream Summit & Exhibition which will be held at the Intercontinental Hotel in Abu Dhabi from 8 - 10 May, 2016.
The summit, which is the longest running downstream event in the Middle East, will continue to focus on the regions core goal of locking in ......read more
Intends to grow market share in EMEA region
Dubai, UAE, March 13, 2016: First Solar, Inc.’s (Nasdaq: FSLR) Operations and Maintenance (O&M) has announced it now has 5 gigawatts (GW) of assets in its portfolio of solar power plants, firmly establishing it as the largest O&M provider in the world. First Solar Energy Services, which has held the top position on GTM ......read more
Abu Dhabi-UAE: 12 March, 2016 - ADNOC Distribution has awarded 48 lucky winners of its three-month oil change promotional campaign across 139 lube change outlets in the UAE with grand prizes worth AED1.2 million.
Launched to coincide with the 44th UAE National Day, the campaign concluded on 1 March, and entered all customers spending AED50 and above at ADNOC Distribution’s lube change ......read more
Active capital projects in the country are worth $358bn
10 March, 2016- Abu Dhabi, UAE: Middle East business leaders are preparing to meet in Dubai to discuss the future of Iraq’s energy sector during what could prove to be a pivotal year for the country’s economy. Representatives from international oil and gas companies, engineering firms, and the Iraqi government will come ......read more
New agreement signed to support the development of National Greenhouse Gas Inventory Systems (NIS)
Dubai, 10 March 2016 – United Nations Environment Programme (UNEP) and Dubai Carbon Centre of Excellence (DCCE) have signed an agreement to develop National Greenhouse Gas Inventory Systems (NIS) for Oman and Kuwait, helping these countries to monitor progress towards the international ......read more
Masdar delivers sixth Pacific Project in aid of local energy security and economic growth
Mohamed Jameel Al Ramahi: “Secure sources of clean energy are becoming an increasingly critical component of economic and social development”
Abu Dhabi, UAE, 9 March 2016 – The recent completion of a solar power project for the Pacific nation of Vanuatu marks the latest stage ......read more
12,000 coloured solar panels spread across 6,000 square metres to make Copenhagen school first in the world with complete photovoltaic façade
Dubai, March 8, 2016: Emirates Insolaire LLC, a pioneer in the development and application of the unique KromatixTM solar technology and a joint venture of Dubai Investments & SwissINSO Holding Inc., has announced that it has won the supply contract ......read more
Drive Aligned with QCC’s Priority to Verify Compliance of All Fuel Meters in the Emirate of Abu Dhabi
Rabdan Service Station is among Largest Operated by ADNOC Distribution in Abu Dhabi
Abu Dhabi-UAE: March 7, 2016 – Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing quality infrastructure and raising awareness on quality standards in the ......read more
Partner event Solar Middle East sees 57 per cent YoY increase in exhibitors
Dubai, UAE, 1 March 2016: His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and the Minister of Finance and Industry of the UAE, has officially opened the 41st edition of Middle East Electricity (MEE) in the presence of other VIP dignitaries, which takes place until 3 March, alongside partner ......read more
Landmark Energy Event Puts Strategy and Energy Efficiency on Global Agenda
Abu Dhabi Reaffirms Position as Global Energy Hub, with More Than 80% of ADIPEC Show Floor Already Booked
Abu Dhabi, UAE – 24 February 2016 – Driving efficiency in the energy sector will form the cornerstone of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2016, UAE oil and gas ......read more
Muscat/Oman, February 18, 2016 - Schneider Electric, a global leader in energy management and automation, showcased its comprehensive datacenter infrastructure portfolio in Muscat, Oman as part of its GCC-wide roadshow.
Best practices in integrating Schneider Electric’s solutions to maximize business efficiency and value were also shared at the event that drew the attendance of ......read more
International Workshop brings together the leading nanotechnology and advanced materials experts
17 February 2016 – Ras Al Khaimah, UAE: From February 21-23 Ras Al Khaimah will play host once more to an elite group of scientists acknowledged as the top minds in their respective fields. They will be participating in IWAM-2016 (International Workshops on Advanced Materials). IWAM is ......read more
Two H-class gas turbines for Beni Suef power plant project
Total weight of 890 metric tons
Dubai, UAE, February 17, 2016: The first gas turbines for the largest order in Siemens’ history have started their journey to Egypt. Two turbines for the Beni Suef power plant project will be loaded onto a barge at the Berlin Westhafen port, from where they will be shipped to the ......read more
- Finalization of vital projects allows for successful completion of testing in preparation for Unit 1 operations
- ENEC continues to achieve crucial milestones in the development of the UAE’s peaceful nuclear energy program
16 February 2016 – Abu Dhabi, United Arab Emirates: The Emirates Nuclear Energy Corporation (ENEC) today announced the successful completion of ......read more
World-class bioenergy and aquaculture facility underscores the role of innovation as a pathway to sustainably address the water, energy and food nexus
Abu Dhabi, February 16, 2016 – The Sustainable Bioenergy Research Consortium (SBRC) today announced that its soon-to-be operational bioenergy research facility at the Masdar Institute of Science and Technology will be featured during the ......read more
Dubai, UAE, 15th February, 2016: Total Marketing Middle East (TMME), a subsidiary of Total, the fourth largest global oil and gas company, has teamed up with Dubai Police to run a five-day campaign to improve the health and safety of truck drivers on the road.
The ‘Truck Drivers Campaign’ is a four-point initiative informing drivers, to be safe on the roads, they have to be ......read more