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
 
Space, AI, renewable energy to get priority as sectors open for more foreign investment in 2019 - ...…

 Legislation recognising ICOs as securities among legal reforms to act as a beacon for increased foreign investment, says STA senior partner Dubai, UAE, 19 January, 2019:   Space, artificial intelligence and renewable energy are priority sectors in the UAE, and it is expected they will be amongst those to be opened up to higher levels of foreign investment in 2019, according to ......read more

The Kingdom of Saudi Arabia's Minister of Energy, Industry, and Mineral Resources Visits Barakah ...…

H.E. Eng. Khalid bin Abdulaziz Al-Falih witnessed the significant progress being made at Barakah     16 January 2019:   H.E. Eng. Khalid bin Abdulaziz Al-Falih, Minister of Energy, Industry, and Mineral Resources for the Kingdom of Saudi Arabia (KSA) expressed his appreciation for the significant development of the Barakah Nuclear Energy Plant in a recent visit to ......read more

RAK Petroleum plc: Changes in Share Capital…

Dubai, UAE, January 16, 2019:  RAK Petroleum plc, the Oslo-listed oil and gas investment company, announces that, as the result of a request by Afaq Al Roya Trading (LLC) to release the restrictions on its 9,000,000 Restricted Class A Shares, and a request by another shareholder to release the restrictions on his 180,000 Restricted Class A Shares, 9,180,000 Restricted Class A Shares have ......read more

ENEC Showcases Commitment to Sustainability at the World Future Energy Summit…

ENEC sponsoring and exhibiting at WFES 2019 ENEC committed to sustainable working practices across all aspects of its business Abu Dhabi, UAE – 16 January 2019:   The Emirates Nuclear Corporation (ENEC) and its subsidiaries, the Nawah Energy Company and Barakah One Company, are participating for the seventh year in the World Future Energy Summit (WFES) 2019 as ......read more

Saudi energy minister on the country's Crown Prince: His ability to lead the kingdom is unshaken ...…

For CNN Business, John Defterios spoke to Saudi Minister of Energy, Industry and Mineral Resources, Khalid A. Al-Falih.  During the interview, Al-Falih told CNN he doesn't "see a big economic recession" but that corrective actions are "easily within our control." As the United States Secretary of States Mike Pompeo prepares to meet Saudi Crown Prince Mohammed Bin ......read more

Sultan Awards Oil & Gas Exploration Concession to Italy's Eni…

HH Ruler of Sharjah Receives Eni Ceo Claudio Descalzi    SHARJAH, Sharjah Government Media Bureau, January 14, 2019:  His Highness Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, received this morning (Sunday) in his office Claudio Descalzi, CEO of Eni, Italy’s largest energy company, in the presence of HH Sheikh Ahmed bin ......read more

Global Energy Forum: His Excellency Khalid Al-Falih's address on day three…

Dubai, UAE, January 13, 2019:  As part of the third Global Energy Forum, His Excellency Khalid A. Al-Falih, Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi Arabia delivered the opening address for day three of the Forum.  His Excellency Al-Falih later joined Frederick Kempe, President and CEO of the Atlantic Council, on a panel titled 'An Update On ......read more

Emirates Nuclear Energy Corporation Celebrates 3rd Barakah Excellence Awards…

Winners of 3rd edition of Barakah Excellence Awards announced during special ceremony Awards part of ENEC’s internal recognition program designed to promote and encourage excellence Abu Dhabi, UAE – 12 January 2019:  The Emirates Nuclear Energy Corporation (ENEC) and its subsidiaries, Nawah Energy Company and Barakah One Company, celebrated the third edition of its ......read more

Plastics to be the main driver for crude oil demand…

ArabPlast 2019, closed on a grand note witnessing the participation of more than 900 companies from 32 countries Advanced economies currently use up to 20 times more plastic than developing economies on a per capita basis, underscoring the huge potential for global growth Dubai, United Arab Emirates, 10 January 2019:   Industry experts at ArabPlast 2019 indicated that plastics ......read more

Siemens outlines economic, societal contribution to UAE in new report…

90% of Siemens’ contribution to UAE gross value added is in non-oil sector Company works with more than 800 SMEs in the UAE AED 425-million software grant to five UAE universities, equipping over 3,850 students with digital experience Its energy-efficient solutions reduce CO2 emissions by 4.76 million metric tons  Dubai, UAE, January 07, 2019:  For the second ......read more

Easa Saleh Al Gurg Group partners with Petronas for lubricants distribution in the UAE…

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

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

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

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

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

Schneider Electric Calls to Massively Expand Training in Energy Sector…

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

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

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

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

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

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

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

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

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

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

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

Backing the next generation of solar power innovators…

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

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

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

Middle East economies are still dominated by oil sector development…

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Schneider Electric and Verger Delporte Partner for Electricity Innovation…

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FANR releases first annual report on Radiological Environmental Monitoring…

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

  • Page 5 of 6   300
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
Search PR 
Filter PR by


RSS DubaiPRNetwork.com on Twitter DubaiPRNetwork.com on InstaGram DubaiPRNetwork.com on Linkedin
 
Top Stories
 
Top Sections