Around 100 Oasis convenience stores to feature popular school products
Abu Dhabi, 18 September, 2017: ADNOC Distribution, the UAE’s leading operator of service stations and convenience stores, has launched a ‘back-to-school’ promotion as part of a range of initiatives to help customers celebrate special events and holidays throughout the year.
Around 100 Oasis convenience stores are hosting ‘back-to-school’ promotional stands, featuring popular school products such as Minion’s stationary. ADNOC Distribution is also promoting a ‘Little Falcons’ offer until 30 September, where customers who spend AED15 or more on back-to-school supplies at 10 selected Oasis convenience stores in Abu Dhabi will receive a free collectable cooler bag.
Saeed Mubarak Al Rashdi, Acting Chief ......read more
ENEC Executives amongst 600 nuclear energy professionals participating in World Nuclear Association (WNA) Symposium, London, UK.
ENEC CEO, Eng. Mohamed Al Hammadi, updates industry leaders on evolution of ENEC and the UAE Peaceful Nuclear Energy Program
Abu Dhabi, UAE – 16 September 2017: A senior delegation from the Emirates Nuclear Energy Corporation (ENEC), led by Chief Executive Officer, Eng. Mohamed Al Hammadi, has participated in the World Nuclear Association (WNA) Symposium, taking place in London, U.K. During the opening session of the conference, Mr. Al Hammadi shared a number of lessons learned on the quality and safety-led development of the UAE Peaceful Nuclear Energy Program with the international nuclear energy community.
On the cusp of becoming the 31st country to generate ......read more
The 2nd phase upgrades the existing station infrastructure and installs new fuel pump technologies
The final phase will involve adjunct facility providing 8 fuel pumps and 6 rental spaces for cafes and fast-food restaurants
Abu Dhabi, 16 September, 2017: ADNOC Distribution, the leading operator of retail fueling services outlets in the UAE, today announced the completion of the second phase of the development and expansion of the Officers City Service Station located on the Arabian Gulf Road in Abu Dhabi.
During the second phase of the project, ADNOC Distribution has upgraded the existing station infrastructure and installed new fuel pump technologies. The service station currently provides super-98 fuel products, Special 95 and E-Plus 91, as along with Green Diesel and Natural Gas for Vehicles ......read more
Chairman’s Interim Report
On behalf of the Board of Directors of RAK Petroleum plc (the “Company”), I am pleased to present the Half-Year Financial Report for the period ending 30 June 2017.
The Company’s fundamental objective is to generate significant total shareholder returns from investments in the oil and gas industry, with a focus on the Middle East and Africa. We currently hold interests in two oil and gas companies, DNO ASA (“DNO”) and Foxtrot International LDC (“Foxtrot International”).
DNO is a publicly listed Norwegian exploration and production company focused on the Middle East-North Africa region and the North Sea with interests in oil and gas blocks in various stages of exploration, development and production, both onshore and offshore. ......read more
ADNOC’s Voyager branded engine oil and lubricant to be sold in Ethiopia and Yemen
Abu Dhabi, 13 September, 2017: ADNOC Distribution, the UAE’s leading operator of retail fuel service stations and commercial fuelling services, has signed two agreements to sell its popular Voyager branded engine oil and lubricant in Ethiopia and Yemen.
The new supply agreements with Ethiopia’s Kinsi General Trading Company and Yemen’s Myco General Trading Company are a further milestone in ADNOC Distribution’s drive to increase business, optimise performance and secure greater access to international markets.
Mr Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, commented: "With a combined population of approximately 130 million people, Ethiopia and Yemen offer markets that ......read more
Joint venture will operate as a UL and GCC Lab Company based in Dammam, Saudi Arabia.
Partnership will combine resources, knowledge and expertise to expand services to the region’s renewable energy market.
Dubai, September 11, 2017: Global safety science organization, UL, has announced a joint venture with Saudi-based GCC Lab aimed at strengthening the Middle East’s Renewable Energy Infrastructure.
UL’s regional base operates out of offices in Dubai and its new, state-of-the-art lab facility in Abu Dhabi. The joint venture will operate as a UL and GCC Lab Company and will be based in Dammam, Saudi Arabia, to cater to customers in parts of the Middle East, including Egypt.
The joint venture will support the region’s renewable energy market by leveraging both ......read more
Abu Dhabi, 10 September, 2017: ADNOC Distribution has announced today the new retail price of unsubsidized LPG cylinders for the month of September 2017. As per the announcement that is made on the 10th of every month, the new retail price is as follows: AED55 per 25lb, and AED110 per 50lb.
Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, said: “Our competitive LPG cylinder prices are set every month to reflect adjustments in international market prices for LPG. With our customers at the heart of our business, we are determined to build on our eminent reputation for delivering an excellent, client-focused service while meeting the nation’s energy needs and helping to sustain its rapid growth.”
For holders of Rahal e-Gas cards, ADNOC Distribution continues to offer LPG at ......read more
Umm Ghafa station opening meets growing fuel and convenience store demand in Al Ain City
ADNOC Distribution now has 362 retail service stations in the UAE
Abu Dhabi, 5 September, 2017: ADNOC Distribution, the UAE’s leading operator of fuel service stations and convenience stores, has celebrated the opening of its 362nd station in the UAE.
The new 24-hour Umm Ghafa service station in Al Ain city can serve 12 vehicles simultaneously and includes a popular Oasis convenience store, a fast food restaurant and facilities for oil change, automatic car wash, an LPG cylinder depot and a tyre centre.
Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, commented: "We are delighted to offer our customers in Al Ain greater service, choice and convenience with ......read more
Government and private sector leaders assemble to unlock geothermal’s 200GW of potential
Abu Dhabi, U.A.E., 5 September 2017: Leaders and ministers from more than 25 governments will meet in Florence, Italy on 11 September, to accelerate the global adoption of geothermal energy. The Global Geothermal Alliance (GGA) meeting represents the largest such ministerial gathering dedicated to geothermal energy development.
Geothermal energy today accounts for just 0.3 percent of globally installed renewable energy capacity. However – once start-up costs are met – it is one of the lowest-cost and most reliable renewable energy sources available. The global potential for geothermal is estimated to be in the region of 200 gigawatts.
Entitled: ‘Working Together to Promote Geothermal Energy ......read more
Dr Mohammed Shaker shared his vision for the sector
UL presented its insight on the latest technologies and developments
Collaboration on future projects will be aimed at helping improve the sector and the lives of the Egyptian people
Abu Dhabi, 04 September 2017: The Minister of Electricity and Renewable Energy met with a global safety science firm to gain some valuable insight to the latest technologies in the sector and the safest methods of adopting them.
Dr Mohammed Shaker received the delegation from UL, a renowned expert with a long heritage of helping governments and large corporates to identify and minimize risks of new technologies being implemented.
The organizations now plan to collaborate on various aspects of electricity and renewable energy with a particular focus on ......read more
ADIPEC Programme Will Include Downstream Industry for the First Time
900 Speakers Scheduled for More Than 200 Technical and Strategic Conference Sessions
Abu Dhabi, UAE – 28 August 2017: Organisers of the annual Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), hosted by ADNOC, have confirmed the event’s technical conference, already the world’s largest for oil and gas professionals, will see a significant increase in scope for 2017 to include the downstream industry for the first time, as well as more sessions for specialised areas including offshore and marine exploration and production.
With around 900 speakers scheduled for more than 200 sessions, the conference will bring together the industry’s most respected experts, global leaders and top decision makers, with around ......read more
On the occasion of Emirati Women’s Day, Empower recognise the contribution of the nation's women in the development of UAE
Dubai, UAE, 27 August 2017: To commemorate the outstanding contributions of the country’s women, Emirates Central Cooling Systems Corporation (Empower), paid tribute to the Emirati women for their leading role and effective participation in national development.
Emirati Women’s Day was launched by HH Sheikha Fatima bint Mubarak, Chairperson of the General Women’s Union, President of the Family Development Foundation, and Chairperson of the Supreme Council for Motherhood and Childhood. The important day was added to the calendar to boost the recognition of women in the region and highlight their pivotal role in the community. The day is part of a bigger movement to increase ......read more
Dubai, UAE, 23 August 2017: Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider announced energy savings of 5.2 per cent in the second month of its summer campaign – ‘Smile at 24 degrees’, compared to the same period last year.
“As the leading district cooling services provider, we’re proud of the savings generated in the second month of our summer campaign. At Empower, we want to create an environment that will allow us to achieve the vision of the UAE leadership and help us support the businesses and people in the country benefit from a sustainable development,” said Ahmad Bin Shafar, CEO of Empower.
While the ‘Smile at 24 degrees’ campaign helps decrease the energy consumed for cooling, ......read more
Increasing India’s renewables would save 12 times more than it costs
Abu Dhabi, U.A.E., 22 August 2017: India can raise its renewable energy use to meet a quarter of the country's total final energy demand by 2030, according to the findings of a report presented today by the International Renewable Energy Agency (IRENA). Renewable energy prospects for India, a study from IRENA’s REmap programme, outlines action areas that can unlock India’s vast renewable energy potential, ensure clean and sustainable energy for generations to come, and enable the country to fulfill its pledges under the Paris Climate Agreement.
Renewable energy prospects for India describes how solar energy will play a vital role representing the second largest source of renewable energy use with 16 per cent, followed by wind at 14 per ......read more
Dubai, UAE, 20 August 2017: Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that 75 new buildings have so far been connected to its services in 2017. The company also announced good progress towards deploying its services to many other buildings in months to follow.
“This is an important milestone for us District cooling is an environment-friendly technology and the way forward to achieving a green economy. We’re pleased that developers have realised the importance of this technology and in the coming years, we will see more building owners and developers converting from conventional chilling methods to district cooling,” said Ahmad Bin Shafar, CEO of Empower.
Over the years, Empower has boosted its production and commissioned ......read more
Masdar of Abu Dhabi awards EPC contract to develop 50 MW Dhofar Wind Power Project
Muscat, Oman - August 19, 2017: Abu Dhabi’s renewable energy company, Masdar, signed an Engineering, Procurement & Construction (EPC) contract with a global consortium comprising GE and Spain’s TSK to build the Dhofar Wind Power Project, the first large-scale wind farm in Oman and the GCC.
The Dhofar Wind Power Project is a result of the joint development agreement that was established in 2014 between Masdar and the Rural Areas Electricity Company of Oman (RAECO). Funding for the wind farm is provided by the Abu Dhabi Fund for Development (ADFD), a leading national entity supporting global socio-economic development initiatives.
The 50 MW wind farm takes its name from the southern Omani governorate ......read more
Ceremony held to celebrate milestone event, witness the major achievements and the remaining construction and operational readiness work
Fourth reactor vessel and steam generators are the final to be installed, as per 2009 Prime Contract, positioning Barakah as a quality-driven site and one of the most efficient nuclear energy construction projects globally
Abu Dhabi, UAE – 14 August 2017: In line with the ‘Abu Dhabi Plan’, the Emirates Nuclear Energy Corporation (ENEC) has made significant progress on the construction of the Barakah Nuclear Energy Plant, with the installation of the steam generators for Unit 4, the final unit at the plant. This milestone event coincides with the successful installation of Unit 4’s Reactor Vessel (RV).
H.E. Jassim Mohammed Buatabh Al Zaabi, Chairman of the ......read more
Abu Dhabi, 10 August, 2017: ADNOC Distribution has announced today the new retail price of unsubsidised LPG cylinders for the month of August 2017. As per the announcement that is made on the 10th of every month, the new retail price is as follows: AED52 per 25lb, and AED104 per 50lb.
Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, said: “The price of LPG cylinders is decided every month in cooperation with the concerned government entities in the UAE. The prices set take into account the interests of national stakeholders, consumers and household customers while also reflecting fluctuations in international LPG prices.”
For holders of Rahal e-Gas cards, ADNOC Distribution offers LPG at subsidized prices - AED20 for 25lb and AED30 for 50lb, across Abu Dhabi and the ......read more
Empower will offer district cooling solutions to the commercial complex for a total capacity of 3,520 RT
Dubai, UAE, 9 August 2017: Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that it has recently connected its services to The Opus, a prestigious development located in Business Bay. Empower will offer district cooling solutions to the commercial complex for a total capacity of 3,520 RT, which will result in energy savings of approximately 50 per cent for the development.
The Opus is commercial tower in the Business Bay district of Dubai designed by the late award winning architect Zaha Hadid. It is a lively and contemporary business destination; perfect for a strategic regional or international headquarter for multinationals and even local ......read more
Uniting industry players to develop electric vehicle market
Dubai – UAE, 08 August 2017: To support the transition of the automotive industry towards green mobility and the recent initiatives taking places in the UAE, the New Energy Vehicles Club has been created under the umbrella of the Clean Energy Business Council (CEBC) at the initiative of ENGIE, an energy company, charging station manufacturer and board member of the CEBC. The creation of the club was announced on the occasion of a webinar on green mobility welcoming 400 participants including regional and global stakeholders from the public and private sectors.
The Club’s role is to function as an electric vehicle and clean energy industry representative, connecting private sector players to relevant stakeholders in order to support the development of the ......read more
Financing provided by GCC based banks with syndication led by Emirates NBD
The raise will support the group’s global operations to realise growth plans
The Group plans to tap the Islamic Finance and Sukuk markets in Asia with focus on Indonesia and Malaysia for future potential funding
Dubai, UAE, August 1, 2017: Gulf Petrochem Group (GP), has successfully raised US$ 150 million from a group of international and local financial institutions based in the GCC. In an environment of continued low global oil prices, the financing will be used to support the group’s activities around the world.
The borrowing will take the form of an 8 year term loan which was provided by a syndicate of banks lead by Emirates NBD. IL&FS acted as the Financial Advisor.
National Bank of Fujairah will be the ......read more
Dubai, UAE. July 26, 2017: Petrofac has secured a contract extension and a new award with a combined value of more than US$100 million for construction management, engineering, commissioning and start-up services for two International Oil Companies (IOCs) in Iraq.
The awards reflect the extensive track record Petrofac has been amassing in the country since 2010. Today’s announcement builds upon US$70 million of new awards in Iraq announced in April, giving the Group good visibility of future work in the country and securing around 250 jobs.
Mani Rajapathy, Managing Director, Engineering & Production Services East, said: “We’re delighted the IOCs in Iraq continue to choose Petrofac to support their operations. Iraq is an important market for us and, as evidenced by the number of ......read more
Milestone testing achievement represents a significant step towards the completion of Unit 2
Tests performed demonstrate commitment to achieving the highest standards of quality.
Abu Dhabi, UAE – 25 July 2017: The Emirates Nuclear Energy Corporation has successfully completed the Cold Hydrostatic Testing (CHT) at Unit 2 at the Barakah Nuclear Energy Plant located in Al Dhafra Region of Abu Dhabi. The completion of this milestone, which concluded approximately 12 months after the same tests were successfully completed on Unit 1, demonstrates a commitment to achieving the highest international quality and safety standards, across the four units of the Barakah Plant.
The CHT verifies that welds, joints, pipes and components of the reactor coolant system and associated high-pressure systems are ......read more
Mega-project at Phu Quoc Island, Vietnam to generate growth in the local area, significantly contributing to the modernization of the economy and supply channel in southern Vietnam
Strategically located, the Bonded Terminal System is set to make Vietnam a force in Southeast Asian for crude oil and refined petroleum products
H.H. Sheikh Khalifa Bin Khalid Bin Ahmed Al Hamed’s majority-owned Baron Point Petroleum seeks to finance the development and provide best-in-class, Abu Dhabi and American expertise
Abu Dhabi, 23 July 2017: Abu Dhabi-based Baron Point Petroleum Services Company L.L.C. (“Baron Point Petroleum”) has joined hands and engaged a joint-venture (“JV”) with PetroVietnam Oil Corporation (“PV Oil”), the national oil and gas company of Vietnam, to finance, ......read more
GCC LED lighting market estimated to comprise about 38% of the total lighting market in 2015
Dubai, U.A.E: The increase in global demand for lighting solutions, with an emphasis on energy efficient sources, is reshaping the lighting industry, while the continued market expansion in the region puts the Middle East in the spotlight as global majors target Light Middle East 2017.
The leading trade, networking and business generating event for the lighting design and technology industry in the region, Light Middle East returns to Dubai later this year, larger and more representative than ever before. Organisers Messe Frankfurt Middle East, are expecting the show to open at least 10% larger than the previous edition in terms of both area and number of exhibitors, underlining the increasing appeal of the region to global ......read more
Made in the UAE student-designed fuel efficient cars of the future to compete at Shell Eco-marathon Asia, to be held in Singapore for the first time in 2017
Dubai, UAE, August 18, 2016: Singapore will play host to the inaugural edition of Shell’s Make the Future festival, featuring Shell Eco-marathon Asia at which students from across the UAE will participate with their Made ......read more
Latest milestone reached for unit 3 at Barakah
Unit 3 now over 54% complete
Steam generators play a key role in converting energy into electricity
Abu Dhabi, UAE, August 17, 2016: The Emirates Nuclear Energy Corporation (ENEC) has announced the successful installation of its Unit 3 Steam Generators (SGs), marking another safe and on-time milestone in the development of the ......read more
Intersolar World Series to provide insights on global best practices
Dubai, UAE, August 7, 2016: Inspiring a new generation of leaders and leveraging the enormous opportunity for job creation within the solar industry will be a major part of the Dubai leg of the Intersolar World Series, when the event makes its debut in the region later this year.
Held under the patronage of His ......read more
‘Safety! It’s in Your Hands’ Drive to Run from 8 August to 29 August 2016
Abu Dhabi, UAE, August 7, 2016: ADNOC Distribution has announced the launch of a special safety campaign titled ‘Safety: it’s in Your Hands’ to raise public awareness on the correct ways of transporting, handling, and using Liquefied Petroleum Gas (LPG) cylinders and their ......read more
IFS, the global enterprise applications company, announces that Seychelles Petroleum has chosen the IFS Applications™ 9 Enterprise Resource Planning (ERP) suite as its business management platform of choice. The oil company will be replacing its legacy systems with IFS Financials, Maintenance, Supply Chain Management, Quality Management, CRM, HR & Payroll, and BI modules.
Once ......read more
Abu Dhabi, UAE, August 2, 2016: The Director-General of the International Renewable Energy Agency (IRENA) Adnan Z. Amin received His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, and H.E. Dr. Sultan Al Jaber, UAE Minister of State and Chairman of Masdar at the Agency’s headquarters in Abu Dhabi ......read more
New Gutor PXC helps bridge product gap between industrial UPS for soft environments and customized UPS solutions for harsh environments
Ideal for oil and gas exploration and production sites, marine and offshore applications
Turnkey solution protects critical equipment and applications, can be deployed in dramatically shorter time frame and at lower cost
Dubai, UAE, August 1, ......read more
Higher renewables share would reduce CO2 emissions by 23% and save billions of dollars
Dubai, UAE, July 28, 2016: The Dominican Republic can increase the share of modern renewable energy in its energy mix from 9 to 27 per cent by 2030, according to a new report launched today by the International Renewable Energy Agency (IRENA). Renewable Energy Prospects: Dominican Republic, ......read more
Second quarter 2016 highlights
• Total LED-based sales growth of 25%, representing 53% of total sales
• Seventh consecutive quarter of year-on-year improvement in operational profitability
o adjusted EBITA of €161 million (Q2 2015: €139 million)
o adjusted EBITA margin of 9.3% (Q2 2015: 7.5%)
• Net income of €57 million, includes ......read more
Dubai, UAE, July 27, 2016: In line with the Saudi Vision 2030 and Saudi Aramco’s In-Kingdom Total Value Add (iktva) program, Siemens delivered the first shipment of its locally produced gas turbines to the Integrated Gasification Combined Cycle (IGCC) power plant in Jazan. This is the world’s largest power plant of its kind that will be fueled with gasified refinery ......read more
Abu Dhabi, UAE, July 24, 2016: The Emirates Nuclear Energy Corporation (ENEC) and Korea Hydro & Nuclear Power (KHNP) have signed an Operating Support Services Agreement (OSSA) at a ceremony held at ENEC’s headquarters in Abu Dhabi in the presence of senior management representatives from both companies. Under the agreement, KHNP will dispatch experienced and qualified nuclear ......read more
Another safe and on-time milestone reached at the UAE’s first nuclear energy plant
Third Reactor Vessel safely installed
Abu Dhabi, UAE, July 21, 2016: The Emirates Nuclear Energy Corporation (ENEC) has announced the completion of yet another milestone in the development of the country’s first nuclear energy plant, with the successful installation of its Unit 3 ......read more
New Operating Hours To Better Meet Customer Requirements at Abu Dhabi Main Inspection Centre and Mahawi, Al Samha and Al Ain Main Centre
Abu Dhabi-UAE: 19 July, 2016: ADNOC Distribution today announced that beginning 1 August, 2016 a number of its vehicle inspection centres will operate on Fridays and Saturdays from 9am to 5pm in a bid to meet the dynamic requirements of ......read more
The UAE-based company aims for KSA to make up 50 per cent of its total revenue following an exclusive agreement with the Saudi Technology Development and Investment Company subsidiary
Dubai, UAE, July 19, 2016: UAE-based DC Pro Engineering – a global leader in District Energy, Co-Generation, Tri-Generation and sustainability in Green Building MEP designs, has partnered with TAQNIA ......read more
Operating in more technically challenging physical environments, increased cyber-security and vulnerability to reclamation obligations are seen as top threats
Dubai, UAE, July 18, 2016: Difficulties arising from operating in more technically challenging physical environments is the number one risk on the minds of executives in the natural resources industry in the MENA region, according ......read more
UAE, July 18, 2016- Drake & Scull International PJSC, (DSI PJSC), a regional market leader in the integrated design, engineering and construction disciplines of General Contracting, Mechanical, Electrical and Plumbing (MEP), Rail & Infrastructure, Oil & Gas, and Water & Wastewater Treatment, has announced that it has been awarded a AED 226 million engineering, procurement and ......read more
Abu Dhabi, UAE, July 2, 2016: Before entering commercial operation, nuclear energy plants undergo extensive testing to verify that all components and systems operate efficiently, reliably and as designed. Tests of the Barakah Nuclear Energy Plant, located in the Western Region of the Emirate of Abu Dhabi, are underway and are conducted in line with international standards and best ......read more
IRENA-led toolkit for renewable energy deployment moves to mobilise finance, reduce costs and chart renewable potentials
Dubai, UAE, June 30, 2016: Energy Ministers and other senior officials recognised recent progress to scale up renewable energy and examined opportunities for even greater action today on the sidelines of the G20 Energy Ministers meeting in Beijing. Before the start of ......read more
According to Dubai Carbon’s awareness campaign, an average person in the UAE generates 5.4kg of waste a day during Ramadan, most of it from food waste
Dubai, United Arab Emirates: Food wastage is one of the most critical problems the region faces, especially during Ramadan. The demand for meat during the holy month increases by almost 50%, similar is the fate of other related food items ......read more
Sharjah, UAE, June 28, 2016: India’s Radiant Group will start an oil distillation plant in Hamriyah Free Zone by the middle of next year.
"We have leased 107,639 square feet of land in phase-two of Hamriyah Free Zone and the construction of our factory will start soon”, Vibhor Gupta, Managing Director of Radiant Overseas FZC said after signing the lease ......read more
TA’AZ Security 141 named for outstanding performance in southern Iraq oil field
Dubai, UAE, 28/6/2016 - Citing Professional Performance, Team Integrity, Work Spirit, and Continual Contributions from TA'AZ Security 141 operating for Great Wall Drilling Company (GWDC) Iraq-Branch Rumaila Project, the GWDC awarded TA’AZ Security 141 earlier this month as the company ramps up oil ......read more
The development of nuclear energy supports the UAE’s energy diversification strategy
New HQ streamlines ENEC and Nawah’s corporate functions into one location
Abu Dhabi, UAE – 26 June 2016: The Emirates Nuclear Energy Corporation (ENEC) and its operating subsidiary, Nawah Energy Company (Nawah), commemorated the move to new headquarters in Masdar City with an inaugural ......read more
Dubai, UAE, June 22, 2016: CHECKPOINT Pumps and Systems FZE, a leading supplier of custom pumping solutions and chemical injection systems for the oil industry announced an upward trend in the utilization of rental solutions across the region. The company has experienced an incredible 20% year-on-year growth in the take-up of their rental packages as operators reformulate their ......read more
PA Consulting Group analysis says developing human capital, economies and reforming business of governments is key to surviving oil crisis
Abu Dhabi, UAE, 21 June 2016: The UAE can achieve a whole new level of excellence and prosperity by making innovation a highlight of its strategic direction in a Post-Oil era, according to a new market analysis issued today.
The report by PA ......read more
Dramatic price drops for solar and wind electricity set to continue as cost reduction drivers shift
Abu Dhabi, U.A.E., 15 June 2016 – The average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent by 2025, according to a report released today by the International Renewable Energy Agency (IRENA). The report, The Power to ......read more
More than 1,400 UAE-based companies now contributing to the construction of the country’s first nuclear energy plant
Significant achievement for local companies in raising quality standards to international nuclear industry levels
Abu Dhabi, UAE – 13 June 2016: The Emirates Nuclear Energy Corporation (ENEC) has announced contracts with UAE- based companies totaling ......read more
Group CEO Saif Humaid Al Falasi assumes post from IPIC’s Khalifa Abdulla Al Romaithi
Dubai, UAE, June 13, 2016: H.E Saif Humaid Al Falasi, CEO of the Emirates National Oil Company (ENOC), Dubai Government’s wholly owned company, has been announced as the new Chairman of Gulf Energy Maritime PJSC (GEM).
In accordance with the shareholders’ agreement, the ......read more
Turnkey logistics & sales support in South African market
Athens, 7 June 2016 – Global shipping, logistics and marine services provider GAC has announced an exclusive partnership between its bunker fuels trading arm GAC Bunker Fuels (GBFL) and ENOC Global Marine.
Under the agreement, which was announced during the Posidonia international shipping event in Athens, GBFL has been ......read more
UAE, Abu Dhabi – 6th June, 2016: A new report by REN21 shows record growth in renewable energy generating capacity, especially in developing countries.
According to the REN21 Renewables 2016 Global Status Report, these results were driven by several factors:
Renewables are now cost competitive with fossil fuels in many markets;
Government leadership continues to play a key ......read more
How you can improve your sustainability efforts
Sustainability self assessment tool launched on World Environment Day to encourage entities to assess and identify opportunities for improving sustainability efforts
Dubai, United Arab Emirates: Get the most out of your sustainability efforts. World Environment Day was marked by the introduction of an online sustainability self-assessment ......read more
ENEC Board of Directors appoints Mohammed Sahoo AlSuwaidi as Nawah acting CEO
Abu Dhabi, UAE – June 5, 2016: The Emirates Nuclear Energy Corporation (ENEC) announced today the initiation of the formation of its operating subsidiary, Nawah Energy Company (Nawah).
A wholly-owned ENEC subsidiary, Nawah has been mandated to safely operate and maintain Units 1 to 4 in Barakah in ......read more
Dubai, UAE, June 4, 2016: Governments and private sector corporations will collaborate to scale up renewable energy in support of the Paris Agreement under a campaign launched today at the seventh Clean Energy Ministerial (CEM) meeting in San Francisco. The Corporate Sourcing of Renewables Campaign will build partnerships to increase the number of companies committed to sourcing ......read more
CompanypredictsIoT will trigger nextwaveof enterprise digital transformation
Forward-looking GCC governments encourage industries and businesses to get IoT-ready and leverageits uses towardsenergymanagement
Dubai, UAE, May 29, 2016: Schneider Electric, the global specialist in energy management and automation, recentlyunveiledits IoT 2020 Business Report, outlining the company’s ......read more
GCC Countries Look Offshore to Boost Oil and Gas Production;
Abu Dhabi On Track with USD 25 Billion Offshore Investment
ADIPEC 2016 Prepares to Host Region’s Largest Waterfront Offshore & Marine Zone, with more than 100 Exhibitors
Global Offshore Drilling Rigs Industry Expected to Reach USD 102 Billion by 2019: Industry Report
Abu Dhabi, UAE – 24 May 2016 – ......read more
On the eve of IRENA’s 11th Council meeting, IRENA celebrates five years of advancing the renewable energy solution
Abu Dhabi, UAE, May 24, 2016 – Tonight at its headquarters in Masdar City, the International Renewable Energy Agency (IRENA) gathered Member State representatives, international stakeholders and local leaders to celebrate its fifth year of operations. Since its first ......read more
Abu Dhabi-UAE: May 23, 2016 – Smart Home Show, a unique event dedicated to promoting energy conservation in the emirate of Abu Dhabi, brought the curtains down on a highly successful second edition at Al Ain Convention Centre that drew thousands of visitors across a four-day run.
Organized by Al Ain Distribution Company (AADC), the event received high interest from various segments of ......read more
The initiative is to be delivered in partnership with the Federal Electricity and Water Authority (FEWA), global experts in utility matters
Programme represents a new chapter in international development approach by Abu Dhabi Fund for Development that represents cutting-edge international thinking
Abu Dhabi, May 22, 2016 : The Abu Dhabi Fund for ......read more
New Era for Leading Energy and Facilities Management Services Company
Dubai, UAE, May 19, 2016: Enova, one of the region’s leading providers of multi-technical and energy management services, has announced a major expansion plan with the signing of an MOU between Enova’s two shareholders: Veolia and Majid Al Futtaim Ventures. On the same day, ......read more
Abu Dhabi, Dubai-UAE: 18 May, 2016 – Abu Dhabi National Oil Distribution Company (ADNOC Distribution), Emirates General Petroleum Corporation (Emarat) and Emirates National Oil Company (ENOC) confirm that news reports recently published on some websites and social media platforms announcing the launch of a new fuel delivery service in the UAE are false.
This statement comes after ......read more
Latest Green Leadership Series Discusses Outcomes of Paris Agreement and its Impact on Public- Private Partnerships in the UAE
Dubai United Arab Emirates: In line with the UAE’s signing of the Paris Agreement at the Climate Conference COP21, the latest edition of Dubai Green Leadership Series (GLS) organized by Dubai Science Park and Dubai Green Economy Partnership discussed ways to ......read more
The exclusive conference unleashed best practices and innovative techniques to optimize the life of oil & gas pipeline community.
Abu Dhabi, May 17th 2016: Tackling pipeline design, engineering and project challenges, key stakeholders of the Oil and Gas industry evaluated opportunities offered by new lucrative markets and emerging technologies at the Middle East Pipetech ......read more
Abu Dhabi, UAE – 17 May 2016: The Emirates Nuclear Energy Corporation (ENEC) announced the approval by the ENEC Board of Directors of the formation of Nawah Energy Company (Nawah) as ENEC’s wholly-owned operating subsidiary. Nawah will be mandated by ENEC to safely operate and maintain Barakah Units 1-4.
The ENEC Board of Directors mandated ENEC management to proceed with the ......read more
Smallest wireless power meter which revolutionizes energy meters in electrical panels now available in the Gulf
Dubai, UAE, May 16, 2016 – Schneider Electric, the global specialist in energy management and automation, has launched PowerTag®, the smallest wireless power meter available, designed to enhance the monitoring and security of electrical assets, in the Gulf ......read more
Operations will commence in the new location by the beginning of 2022
Abu Dhabi-UAE: 16 May, 2016 – In line with Abu Dhabi Vision 2030, which is aimed at creating an effective shift in the Emirate’s economy and to achieve greater integration with the global economy; ADNOC Distribution and Abu Dhabi Ports signed a Mustaha agreement yesterday. The new agreement aims to ......read more
Dubai, UAE, May 14, 2016: AlMansoori, the leader in oilfield services in the Middle East, has enhanced its senior management team with the appointment of three key personnel to its operations.
Mousa Kiwan has been appointed as corporate supply chain manager for AlMansoori Specialized Engineering, while Erhan Saygi has been announced as marketing and integrated service manager for ......read more
65% of respondents expect to spend less on projects than last year
Dubai, UAE, May 11, 2016: According to a new survey released by PwC Middle East, capital projects and infrastructure has been greatly impacted by slowdowns and deferrals of government spending as a result of ‘lower for longer’ oil prices.
PwC Middle East’s survey titled “Delivering ......read more
- ENEC CEO, Mohamed Al Hammadi and senior officials to host forums to highlight the importance of nuclear energy and the progress being made at the Barakah Nuclear Power Plant
Abu Dhabi, UAE – May 11, 2016: Emirates Nuclear Energy Corporation (ENEC) will host public forums at Baynounah Institute of Science and Technology, in Abu Dhabi’s Western Region on Monday 16th May, ......read more
Dubai, UAE, May 9, 2016: GCC SERVICES was named the Gold Award winner for the fourth consecutive year in the Facility and Maintenance category of the American Society of Safety Engineers Gulf Cooperation Council Health, Safety and Environment (ASSE-GCC HSE) Excellence Award 2016. GCC SERVICES has won this prestigious award in recognition of excellence in the fields of health and safety, CSR ......read more
Abu Dhabi-UAE: May 07, 2016 – Committed to encourage several of its departments, ADNOC Distribution held its annual ceremony yesterday to award the winners of its third Health, Safety and Environment (HSE) Award programme. This year’s initiative saw an increase of 57% from last year, having had 58 submissions this year as opposed to 37 last year.
The ceremony was attended by ......read more
Shah Field Sour Gas project largest of its kind in the world
Abu Dhabi, UAE – 27 April, 2016: His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, officially inaugurated, today, ADNOC’s Al Hosn Sour Gas Development Project, the largest of its kind in the world. H.H. Sheikh Mohammed was ......read more