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Featured in Energy, Oil & Gas
ENEC achieves 75 million safe work hours without a Lost Time Injury at Barakah Nuclear Energy Plant…

Abu Dhabi, UAE – 22 January 2019:   The Emirates Nuclear Energy Corporation (ENEC) has achieved 75 million safe work hours at the Barakah Nuclear Energy Plant, reflecting ENEC’s commitment to the highest standards of safety, security and quality in the development of the UAE Peaceful Nuclear Energy Program. His Excellency Eng. Mohamed Al Hammadi, Chief Executive Officer of ENEC, Mark Reddemann, Chief Executive Officer of Nawah Energy Company, Nasser Al Nasseri, Chief Executive Officer of Barakah One Company, Mr. HoPyeong Lee, Executive Vice President and Chief Human Resource Officer of the Korea Electric Power Corporation (KEPCO), and a number of senior management officials from ENEC and its subsidiaries attended a special ceremony held at the Barakah Nuclear Energy Plant to celebrate the safety ......read more

DEWA to highlight future possibilities for women in the sustainable energy sector…

Organised by Dubai Women Establishment, Global Women’s Forum Dubai 2020 announces DEWA as Strategic Sustainability Partner • Saeed Al Tayer: GWFD’s goals align with DEWA’s efforts to enhance women’s participation in vital sectors, with a particular emphasis on the energy field, as well as areas of innovation and creativity. • Mona Al Marri: DEWA’s collaboration reinforces the Forum as an exemplary platform that mobilises joint efforts to advance women’s positive impact.  Dubai, UAE; 22 January 2020: Dubai Women Establishment (DWE) has announced Dubai Electricity and Water Authority (DEWA) as the Strategic Sustainability Partner of Global Women’s Forum Dubai 2020 (GWFD 2020), which will be held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice ......read more

Metito Group-led Consortium with Jinko Power and AlJomaih Group awarded 55 MWe ac grid-tied solar power plant in Bangladesh…

• The Consortium wins the project with the record-breaking lowest bid to develop a 55-megawatts electric ac plant • The solar power plant will significantly contribute to the Bangladesh government’s agenda towards sustainable use of energy-mix   21 January 2019 – The Government of Bangladesh has awarded the Rangunia 55-megawatts electric (MWe) ac grid-tied solar power plant project to the Consortium led by Metito Group together with Jinko Power and AlJomaih Group (the Consortium). The project will be developed on a Build Own Operate (BOO) basis under a 20 years concession agreement, which is in line with the Government’s vision to secure a more balanced energy-mix and a reduction in environmental pollution in Bangladesh.   The Bangladesh Power Development Board (BPDB), pursuant to ......read more

Schneider Electric's commitment to sustainability recognized in two leading rankings…

  • The Group is ranked in the Corporate Knights Global 100 Most Sustainable Corporations, and the Carbon Disclosure Project (CDP) ‘A-List’ • The rankings were announced on the opening day of the annual World Economic Forum in Davos    January 21, 2020 – Schneider Electric, the leader in digital transformation of energy management and automation, has been given two significant rankings - including a top place on among the Global 100 Most Sustainable Corporations ranking of Clean Capitalism magazine Corporate Knights, and a place on the Carbon Disclosure Project (CDP) “A-List” for the ninth consecutive year. The rankings were announced on the opening day of the annual meeting of the  World Economic Forum in Davos, where environmental sustainability is a dominating ......read more

UAE Delegation Meets with Senior U.S. Government Officials in Washington, DC to Commemorate Ten-Year Anniversary of Peaceful Civilian Nuclear Energy Cooperation…

Dubai, United Arab Emirates, January 21, 2020:    A senior delegation of officials from the Emirates Nuclear Energy Corporation (ENEC) in Abu Dhabi, United Arab Emirates, visited Washington, DC last week to highlight progress around the development of the country’s peaceful nuclear energy program. Their visit to the United States also coincided with the ten year anniversary of the signing of the U.S.-UAE Agreement for Peaceful Civilian Nuclear Energy Cooperation (also called a 123 Agreement).   Led by ENEC CEO H.E. Eng. Mohamed Al Hammadi, the delegation met with U.S. Under Secretary of Energy Mark Menezes, Under Secretary for Nuclear Security Lisa Gordon-Hagerty, and Assistant Secretary for the Office of International Affairs Theodore Garrish at the Department of Energy. The meetings were also attended by UAE ......read more

Tabreed Energy Services Launched…

January 14, 2020 -  Abu Dhabi, United Arab Emirates:  The National Central Cooling Company PJSC (DFM: Tabreed), the leading  international district cooling developer based in the UAE, establishes ‘Tabreed Energy Services’, a new entity consolidating its service businesses to provide customers with an integrated set of consultancy, operations and maintenance services, that will help them optimize the energy efficiency of their buildings and developments.  Building on more than 20 years’ of experience in offering management services as a complement to its core district cooling offering, the new company will allow building owners, both government and private sector, to access Tabreed’s deep expertise in optimising energy efficiency and in particular cooling systems, which are the largest ......read more

Clean, Baseload electricity from Barakah Nuclear Energy Plant will complement renewables in UAE's clean energy transition…

 ENEC highlights the benefits that nuclear energy will bring at World Future Energy Summit 2020 Nuclear energy produces emissions-free electricity 24/7   14 January 2020, Abu Dhabi, UAE:   The Emirates Nuclear Energy Corporation (ENEC) has partcipated in the ongoing World Future Energy Summit, part of Abu Dhabi Sustainability Week 2020, to showcase the impactful role that nuclear energy will play in sustainably powering the growth of the country, in line with the UAE Energy Strategy 2050.   The Strategy includes a reduction in carbon dioxide emissions by 70 per cent, an increase in clean energy use by 50 percent and a 40 percent improvement in energy efficiency by the middle of the century. Nuclear energy will complement the introduction of increasing levels of renewables into the UAE’s ......read more

EEC Engie Deploys Schneider Electric's New Medium Voltage SF6-Free Switchgear Technology…

• New green and digital electrical distribution equipment helps the utility meet environmental challenges • Schneider’s technology uses pure air insulation and vacuum interruption to eliminate use of the SF6 greenhouse gas • EcoStruxureTM for Electricity Companies helps ensure business continuity through connected electrical equipment and sensors January 12, 2020 - Schneider Electric, the leader in the digital transformation of energy management and automation, announced a new pilot project with EEC Engie last month, an electric utility in New Caledonia and the Loyalty Islands. Pursuing their ambition to remove SF6 switchgear installed on their networks, EEC Engie turned to the new SF6-free technology from Schneider Electric. When innovation serves sustainability  EEC Engie serves nearly 66,000 ......read more

ADNEC to Host the World Future Energy Summit 2020…

WFES to bring together government and business leaders to ADNEC   Abu Dhabi-UAE: 12 January, 2020:   Abu Dhabi National Exhibitions Company (ADNEC) has finalised its preparations to host the World Future Energy Summit 2020 (WFES) and its co-located events including WFES Energy, WFES Water, WFES Solar, WFES ecoWASTE, WFES GREEN BUILDINGS, WFES MOBILITY to be held under the patronage of His Highness Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, running at ADNEC from January 13 to 16. This is the 13th year that ADNEC has hosted WFES and the event is one of the largest sustainability gatherings in the region as well as one of the key international events on ADNEC’s annual calendar. The event is further reinforcing its reputation as a ......read more

Attendees from 170 Countries Expected as World Future Energy Summit Extends its Global Business Reach…

Eight National Pavilions Set to Exhibit at the World Future Energy Summit;  Smart Cities Exhibition and Forum Added to Sustainability Conversation; Climate Innovation Exchange (CLIX) Returns for Third Edition, With Mobility Start-Ups as an Additional Pillar for 2020; 33,500 Buyers, Distributors, Project Owners, Consultants and More Will Look to Abu Dhabi in Search for New Technologies and Products   Abu Dhabi, United Arab Emirates  - December 26, 2019:  The World Future Energy Summit in Abu Dhabi is further reinforcing its reputation as a global marketplace for renewable energy and sustainable technology, with organisers confirming over 90 percent of the exhibitor space is sold out for the 2020 event in January. There are also eight countries confirmed to host national pavilions at the event, to promote ......read more

Empower awarded contracts with a total value AED1.130 billion in 2019…

Dubai, United Arab Emirates; December 24, 2019:   Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that it has awarded contracts with a total value of AED1.130 billion during 2019, to various companies as part of the development of District Cooling infrastructure in Dubai. The contracts included engineering consultancy; plant and other constructions, design and operation of cooling plants; expansion of district cooling pipe network; development of new networks to serve the latest projects in Dubai, as well as establishment of new energy transfer stations, procurement of pipes and fittings and more.   This substantial increase in the company's contracting activity during 2019, reflects the growing demand for eco-friendly district cooling ......read more

Empower Sets a Clear Vision to Keep Up with Urban Growth and Preserve Natural Resources…

Dubai, UAE; December 18, 2019:   Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, confirmed that district cooling service is one among the globally approved solutions by the UN, to help preserving the environment by efficiently saving energy and water every year. This technology plays a major role in combating climate change and water shortage resulting from population growth and changes in the systems of utilizing natural resources.. District cooling solutions help directly with urban development, being a key requirement in planning and designing new, green buildings in Dubai in particular, and as one of the six energy efficiency accelerators within the framework of the United Nations’ ‘Sustainable Energy for All’ (SEforALL). World ......read more

Empower Pilots the world's First unmanned District Cooling plant…

With an output capacity of 50k RT   Dubai, UAE:  15th December 2019:  Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced pilot operation of the world's first unmanned cooling plant at Jumeirah Village Circle in Dubai, with a total cooling capacity of 50,000 Refrigeration Tons (RT). Empower explained that the highest international standards have been maintained in the construction and building design of the new plant, as it took into account the criteria of sustainable green buildings, and modern urban development in Dubai, as well as the general appearance of the district, and the external appearance of the buildings. The corporation indicated that the plant leverages with the latest technologies in district cooling systems and uses ......read more

Adoption of district cooling services supports global trends to combat climate change…

Dubai, UAE, 11th December 2019:   Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, confirmed that district cooling is a key pillar in combating climate change worldwide. Countries are moving towards maintaining a sustainable environment, by adopting environmentally-friendly solutions and services, to create a better future for generations to come. This comes in line with the global approach to combat climate change.   Advantages Empower highlighted that district cooling is one of the best internationally-adopted solutions to combat climate change, as they contribute to reducing carbon emissions. District cooling systems use the latest local and global technologies, to reduce annual energy consumption and protect the environment.  District ......read more

Renewable energy rises to the top of Middle East's energy agenda…

• Middle East electricity demand to triple by 2050 • More than $100bn worth of clean energy projects already in pipeline • Cost of installing photovoltaic solar in Middle East has fallen by 73 per cent since 2010   Dubai, UAE 11 December:    The Middle East’s energy and utilities sector is undergoing an unprecedented transformation, with the shift towards renewable energy and digital innovation at the heart of ambitious energy diversification programmes. As governments seek to increase energy security and maximise returns from hydrocarbon resources, utilities are pressing ahead with some of the largest renewable energy schemes in the world.   A number of milestones in the push for clean energy across the region were reached in 2019, including the commissioning of the ......read more

Empower achieves 40% Emiratisation in its senior management in 2019…

Dubai, UAE, 8th December 2019:    Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, revealed that it has achieved 40% Emiratisation in its senior management, and 33% in its middle management. Empower also highlighted that 15% of company’s 750 employees are Emiratis, out of which 48% are female Emirati employees and 52% are male Emirati employees. This supports gender balance in the work environment and attracts young Emirati talents, to work in the district cooling sector.  This comes within the framework of Empower's commitment to enhance the role of Emirati talents in driving economic development by increasing the number of employees working in the district cooling sector in line with the UAE Vision 2021. Empower strives to participate ......read more

ENEC Hosts Knowledge Sharing Forum Focused on Business Continuity Management…

Representatives of UAE government entities shared best practices in business continuity management discussing the value it brings to businesses     Abu Dhabi, UAE – 7 December 2019:  The Emirates Nuclear Energy Corporation (ENEC) has hosted a Knowledge Sharing Forum in Abu Dhabi, UAE. The forum convened representatives and delegates from a diverse range of UAE government entities. Attendees learned about latest best practice in business continuity management within the peaceful nuclear energy industry and how these best practices can be implemented across other sectors.   The forum is a result of ENEC’s commitment and continued efforts to support the UAE’s successful transition into a knowledge-based economy and society. Through sharing knowledge, engaging with local stakeholders and ......read more

ENEC welcomes visit by senior Emiratis to headquarters in Abu Dhabi…

 Group of 50 senior Emiratis from Sharjah visit ENEC’s headquarters  Senior officials  from ENEC and its subsidiaries brief senior citizens on the importance and progress of the UAE Peaceful Nuclear Energy Program     Abu Dhabi, UAE – 4 December 2019:   The Emirates Nuclear Energy Corporation (ENEC) has hosted a visiting group of 50 senior Emiratis, members of the Sharjah Social Services Department branch in Dibba Al-Hisn, at its headquarters in Abu Dhabi. The group had previously expressed interest in learning about the UAE Peaceful Nuclear Energy Program and visiting ENEC’s headquarters.    His Excellency Eng. Mohamed Al Hammadi, Chief Executive Officer of ENEC, welcomed the senior Emiratis along with members of ENEC’s management and ......read more

ENEC Releases 'Tasamoh' a Rehabilitated Green Turtle and organizes Beach Cleanup at Barakah Nuclear Energy Plant…

ENEC releases a rehabilitated green turtle back into the sea at the beach next to the Barakah plant while employees conduct annual beach cleanup     Abu Dhabi, UAE - 29 November 2019:  The Emirates Nuclear Energy Corporation (ENEC) organized the release of a rehabilitated Green turtle back into her natural habitat in Barakah, while employees participated in a beach cleanup. The activities are a result of ENEC’s commitment to sustainability and the preservation of the UAE’s natural heritage.   Following the beach cleanup, during which employees collected a significant amount of litter, one large Green turtle called 'Tasamoh' in Arabic which means Tolerance, was released back into the sea. The turtle was originally found in the Barakah plant’s water inlet and was rehabilitated in the ......read more

With a mission to make water available everywhere, S4SUN by DAB makes its debut at the BIG 5 Dubai…

• Italian water tech major DAB presents the solar energy pumping system which can be used in regions without electricity. • DAB, present at Stand C31, Hall 1, Big 5 Dubai 2019, also showcases FX submersible pumps for lifting and movement of civil and industrial waste water.     DUBAI - November 26, 2019:   DAB Water Technology, an Italian frontrunner in the global water management industry, launched in Dubai solar energy pumping system S4SUN, which can be used in regions without electricity. DAB also launched DAB FX submersible pumps that are efficient, reliable and resistant for lifting and movement of civil and industrial wastewater.   With a pumping system using solar energy, S4SUN is the solar motor capable of collecting water everywhere in the world, even in the poorest and most ......read more

Al Dhafra residents learn about nuclear energy and Barakah plant progress at ENEC public forum…

 More than 300 Al Dhafra residents and stakeholders attended ENEC’s latest public forum  Senior officials  from ENEC and operating and maintenance subsidiary Nawah delivered informative presentations and answered questions   Abu Dhabi, UAE - 26 November 2019:   More than 300 residents, students and stakeholders attended a public forum organized by the Emirates Nuclear Energy Corporation (ENEC) at the Baynounah Educational Complex in Madinat Zayed, Abu Dhabi.   The forum highlighted the strategic nature and national significance of the UAE Peaceful Nuclear Energy Program. It will provide safe, clean, reliable and efficient electricity for up to 25% of the nation with almost zero carbon emissions. Engineers also provided updates on the progress being made at the Barakah Nuclear ......read more

Innovative Solutions in Construction Industry are Key to District Cooling Energy Efficiency…

Dubai, UAE, 25th November 2019:    Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, confirmed that utilising of innovative solutions in the construction industry is one of the key factor for energy efficiency in district cooling services. This came in conjunction with The Big 5 Exhibition, the largest and most influential building and construction show in the Middle East, being held from 25 to 28 November, 2019 at Dubai World Trade Centre.  The exhibition discusses the changing economic landscape, promoting businesses, launching of latest construction and sustainability solutions, educating industry professionals, promoting best practices in line with technological innovations, and enabling industry professionals to review products from around the ......read more

ENEC to host public forum in Al Dhafra Region…

ENEC CEO, H.E. Eng. Mohamed Al Hammadi, and senior officials to highlight the progress being made at the Barakah Nuclear Energy Plant in preparation to commence unit 1 start-up in early 2020       Abu Dhabi, UAE - 23 November 2019:   Emirates Nuclear Energy Corporation (ENEC) will host a public forum at the Baynounah Educational Complex in Madinat Zayed, Abu Dhabi, on Monday, 25 November, 2019.   The forum is a core component of ENEC's ongoing commitment to engage with the local community on the UAE Peaceful Nuclear Energy Program and its benefits, as well as providing updates on the progress being made at the Barakah Nuclear Energy Plant. The event is open to all members of the public in addition to various stakeholders; from government entities and the peaceful nuclear energy ......read more

EWEC receives bids for the world's largest solar power plant project in the Al Dhafra region in Abu Dhabi…

The plant is expected to be almost double the size of EWEC’s ‘Noor Abu Dhabi’ solar plant - the current largest operational single-site Solar PV plant in the world   23 November 2019, Abu Dhabi, UAE:   The Emirates Water and Electricity Company (EWEC), a subsidiary of Abu Dhabi Power Corporation (ADPower) and a leading company in the integrated coordination of planning, purchasing and supply of water and electricity in the Emirate of Abu Dhabi and beyond, has received bids for its 2 GW Solar Photovoltaic (PV) Independent Power Producer (IPP) project, to be located in the Al Dhafra region in the Emirate of Abu Dhabi, capital of the United Arab Emirates.  The project tender included the financing, construction, operation and maintenance of the solar plant, including installation of solar ......read more

Inclusion and Diversity Can Deliver Business Benefits for Oil and Gas Industry…

The UAE is Leading the Way to Create a More Diverse Oil and Gas Industry, But Much Remains to Be Done, Says ADIPEC Keynote Speaker   Abu Dhabi, UAE – 14 November 2019:   Oil and gas companies will reap financial as well social benefits from actively promoting inclusion and diversity in their organisations, industry leaders at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) heard today.   In delivering the keynote address for ADIPEC’s co-located Inclusion and Diversity in Energy Conference, Tala Al Ramahi, Chief Strategy Officer for the Special Olympics World Games Abu Dhabi, said that while diversity remained a problem in oil and gas, ADNOC and other leading companies were actively seeking to change this.   “Women make up only 15 percent of the oil and gas ......read more

Other Top Stories from Energy, Oil & Gas
 
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

Schneider Electric to Highlight 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 Georges El Mir: “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

UAE Recognized As Role Model for Development of Peaceful Nuclear Energy at Nuclear Inter Jura ...…

23rd Nuclear Inter Jura Congress concludes following four days of discussions UAE home to one of the world’s leading peaceful nuclear energy programs Abu Dhabi, UAE – 7 November 2018:   The UAE Peaceful Nuclear Energy Program has been recognized for its unique achievements and coordinated development during the 23rd Nuclear Inter Jura Congress. Held for the first ......read more

ADNOC to Convene Global Energy Leaders in Abu Dhabi for Third Annual CEO Roundtable on Eve of ADIPEC…

27 leaders from oil, gas and petrochemical industries to discuss impact and opportunity of digitalization, technology and Fourth Industrial Age Strength of attendance at roundtable demonstrates Abu Dhabi’s convening power as global hub for the world’s oil and gas industry  Abu Dhabi, UAE – November 7, 2018:   Twenty-seven of the world’s leading oil ......read more

New Economies and Advanced Technology are Driving Paradigm Shift in Global Energy Demand…

ADNOC Founding Partner in Bloomberg New Economy Forum; agenda aligns with the UAE’s vision for building bridges, connecting global economies, and enabling prosperity Goals of NEF in line with the UAE’s 2071 strategy to prepare for the future and capture the opportunities that lie ahead. Demand for energy in Asia growing at more than twice global rate, requiring creative ......read more

ENEC Barakah Youth Circle Discusses ‘Energy Gap – The Way Forward'…

Youth Circle takes place on sidelines of INLA’s 23rd Nuclear Inter Jura Congress Abu Dhabi, UAE – 5 November 2018:   The Barakah Youth Council, comprised of employees from Emirates Nuclear Energy Corporation (ENEC) and its subsidiaries, organized a Youth Circle on the sidelines of the 23rd Nuclear Inter Jura Congress, taking place in Abu Dhabi this week. Entitled ......read more

Abu Dhabi to Host International Nuclear Law Congress…

ENEC sponsors the  23rd Nuclear Inter Jura Congress to showcase the UAE Peaceful Nuclear Energy Program    Abu Dhabi, UAE – 3 November 2018: The United Arab Emirates is hosting the 23rd Nuclear Inter Jura Congress in Abu Dhabi from 4 to 8 November 2018. The Congress, which is being held in the Middle East for the first time, is organized by the International ......read more

Arc Faults Can Trigger $46,000 Downtime Costs Per Day…

Dubai, UAE, October 29, 2018:  Research by Eaton estimates the cost of production downtime alone could reach $46,000 within 24 hours of an arc fault. Then there is the threat to life safety posed by the initial explosion, the potential for reputational damage and the the cost of replacement assemblies and parts to consider. These can be catastrophic consequences, particularly in ......read more

RAKGas signs agreement for Zanzibar's first oil and gas exploration project…

Dubai, UAE, October 29, 2018:  His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, attends signing ceremony at the invitation of His Excellency President Dr. Ali Mohamed Shein of Zanzibar RAKGas, through its international subsidiary RAKGas Zanzibar Limited, has signed an oil and gas Production Sharing Agreement with the Revolutionary ......read more

French Pavilion back to ADIPEC and set to explore Oil & Gas opportunities in the region…

Over 40 French companies to be represented at the key global event in Hall 9 at ADNEC from the 12th to the 15th of November 2018.     United Arab Emirates- 2018  – Business France, the national agency supporting the international development of the French economy, will be hosting +40 leading companies from France at the Abu Dhabi International Petroleum Exhibition ......read more

AUGIER Energy to reveal spearheading innovations at ADIPEC 2018…

Meet with Augier’s team of experts on stand 254 at the French Pavillion in ADNEC, Hall 9 from the 12th to the 15th of November.    United Arab Emirates, October 25, 2018 – AUGIER Energy, the  worldwide leader in Energy Distribution & Transmission  for medium voltage solutions for long distances up to 50 kilometres, will be hosting a stand in the ......read more

WETEX Deals build partnership between Ireland and the UAE…

Enterprise Ireland facilitates deals in Dubai at WETEX 2018, the world’s biggest sustainable exhibition  Irish companies set to bring technology and innovation to the UAE and MENA region ResourceKraft & Al Sharif Group form strategic partnership to deliver energy management solutions to Dubai and Abu Dhabi Energy Services Ltd. to assist Ras Al Khaimah Municipality with ......read more

Masdar and Bee'ah reach financial close on UAE's first waste-to-energy facility…

New plant in Sharjah showcased at WETEX 2018 will treat more than 300,000 tonnes of municipal solid waste a year and have a capacity of around 30 megawatts (MW)  Abu Dhabi, UAE, October 24, 2018:   Masdar (Abu Dhabi Future Energy Company) and leading environmental management company Bee’ah have completed the financing of a US$220 million waste-to-energy (WTE) plant in ......read more

UAE's first waste-to-energy facility…

New plant in Sharjah showcased at WETEX 2018 will treat more than 300,000 tonnes of municipal solid waste a year and have a capacity of around 30 megawatts (MW)  Abu Dhabi, UAE, October 23, 2018:   Masdar (Abu Dhabi Future Energy Company) and leading environmental management company Bee’ah have completed the financing of a US$220 million waste-to-energy (WTE) plant in ......read more

Phase 3 of MBR Solar Park in Dubai wins Solar Project of the Year 2018 at the Asian Power Awards…

Dubai, UAE, October 17, 2018:  The third phase of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park in Dubai has been awarded Solar Project of the Year 2018 at the Asian Power Awards in Jakarata.  Ian Warrilow, President and Country Manager of Mubadala Petroleum, accepted the award on behalf of Masdar (Abu Dhabi Future Energy Company), a partner in Shua’a Energy 2, the ......read more

Nawah Energy Company Establishes World's First Nuclear Language Proficiency Standards…

Committed to effective safety communication as part of a healthy nuclear safety culture, Nawah has developed the first language standards for the nuclear industry The Innovative Nuclear English Development Center in Barakah Nuclear Energy Plant supports continuous learning and development of all employees Abu Dhabi, UAE – 13 October 2018:   Nawah Energy Company (Nawah), ......read more

Masdar Signs Region's First Green Revolving Credit Facility to Drive Sustainability Goals…

Abu Dhabi, October 11, 2018 -   Masdar, Abu Dhabi Future Energy Company, has signed a green revolving credit facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects. The facility, which is the first green RCF in the Middle East, has been arranged with the UAE’s ......read more

Masdar announces WiSER Pioneers Programme at Mohamed Bin Zayed Majlis for Future Generations…

Abu Dhabi, United Arab Emirates; October 11, 2018:  Masdar (Abu Dhabi Future Energy Company) has launched the Women in Sustainability, Environment and Renewable Energy (WiSER) Pioneers Programme, a year-round agenda aimed at nurturing young women aged 20-30 into the next generation of sustainability leaders through proactive engagement with policy makers, industry leaders, technical experts, ......read more

ENEC Hosts Supplier Forum to Support Growth and Development of Local Supply Chain…

Representatives of UAE-based suppliers were updated on the status of the Barakah Project and upcoming opportunities and requirements     Abu Dhabi, UAE – 10 October 2018: The Emirates Nuclear Energy Corporation (ENEC), in collaboration with its subsidiary, Nawah Energy Company (Nawah), hosted a Supplier Forum today in Abu Dhabi. The forum brought together delegates ......read more

ADNOC and BHGE Form a Strategic Partnership to Improve Drilling Efficiencies and Grow ADNOC ...…

Strategic partnership will expand ADNOC Drilling’s capabilities into the integrated drilling and well construction segment and expand BHGE’s presence in the UAE BHGE will acquire a five percent stake in ADNOC Drilling, valuing the business at $11 billion, and the partnership will enable ADNOC Drilling to gain greater market access and new business opportunities ADNOC Drilling ......read more

ENEC Continues to Inspire New Generations of Future Energy Pioneers…

ENEC engages with students at Al Sila School as part of Schools Outreach Program Students learn about peaceful nuclear energy and its importance to the future growth and development of the UAE Abu Dhabi, UAE – 3 October 2018:   The Emirates Nuclear Energy Corporation (ENEC) organized a visit to Al Sila School, located in the Al Dhafra region of Abu Dhabi Emirate. During ......read more

Barring Oil Or Geopolitical Risks, Gulf Banks' Financial Profile Should Stabilize in 2019…

GCC banks' financial profiles should remain stable in 2019, absent any unexpected geopolitical or oil-price shock. Bank lending growth should stabilize at around the 5% mark over the next 12 months, as higher oil prices and stronger public investments raise economic growth in the region overall. We expect profitability to stabilize--with return on assets at about 1.5%-1.7% and net ......read more

WCU: Signs of life as dollar weakens and trade tensions ease…

By Ole Hansen, Head of Commodity Strategy at Saxo Bank Dubai, UAE, September 23, 2018:  The Bloomberg Commodity Index, which tracks the performance of 22 major commodity futures, rose from the ashes this past week. The 2% gain occurred after some early weakness after the US announcement of additional tariffs on $200 billion worth of Chinese imports.  The broad-based recovery that ......read more

IYNC and the UAE Discuss the Way Forward for Global Nuclear Energy at IAEA General Conference…

The International Youth Nuclear Congress and the UAE Permanent Representation to the International Atomic Energy Agency co-hosted a side-event at the 62nd IAEA General Conference in Vienna, Austria Young professionals from the UAE, USA, China, Russia and France share their views on the future of nuclear energy and technology Dubai, UAE, September 20, 2018:  The International Youth ......read more

ENEC Highlights Importance of International Cooperation and Capacity Development at the IAEA 62nd ...…

ENEC participates in 62nd Annual Regular Session of the IAEA General Conference, UAE side event and International Youth Nuclear Congress event ENEC CEO updated the attendees on the status of the Barakah Nuclear Energy Plant Project   Abu Dhabi, UAE – 19 September 2018: The Emirates Nuclear Energy Corporation (ENEC) participated in the 62nd  Annual Regular Session of ......read more

Masdar, ADFD and PUC partner to build solar power plant with battery storage in Seychelles…

5MW Ile de Romainville Solar Park being developed with financing worth AED31 million from Abu Dhabi Fund for Development as well as funds from PUC’s own equity Solar PV project to be integrated with existing 6MW Port Victoria Wind Farm and PUC’s existing power station   Abu Dhabi, United Arab Emirates; Sept 12, 2018 – Masdar, Abu Dhabi Future Energy Company, ......read more

Why the Modern-Day Oil and Gas Industry Needs Millennials to Survive?…

September 11, 2018 - Dubai UAE: A 2016 report by McKinsey & Company found that 14 percent of millennials said they would not work in the oil and gas industry because of its negative image – the highest percentage of any industry. With millennials set to comprise 75 percent of the workforce by 2025, it is imperative companies within the oil and gas industry do more to attract ......read more

Yahsat and Hughes to Form Joint Venture to Deliver Satellite Broadband Services…

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

SNC-Lavalin awarded West Qurna phase 2 oil field contract in Iraq…

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

Gazprom Neft, Mubadala Petroleum and the Russian Direct Investment Fund (RDIF) announce the ...…

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

Čibuk 1 wind farm in Serbia reaches key construction milestone…

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

Atlantic Council Global Energy Forum Returns to Abu Dhabi in 2019…

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

FANR and Khalifa University Sign Collaborative Research Agreement…

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

Quote of Dr. Layla Mohamed Al Marzouqi…

“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

Public-Private Partnerships to boost Economic development in the Gulf…

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

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