• 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
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
-- 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
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
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
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
• 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
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
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
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
• 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
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
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
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
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
• 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
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
• 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
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
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
• 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
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
• 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
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
- 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
• 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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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 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
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
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
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 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
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
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
Hughes and Yahsat to provide commercial Ka-band satellite broadband service across Africa, Middle East and southwest Asia
Dubai, UAE, September 10, 2018: Yahsat, a leading global satellite operator based in the United Arab Emirates (UAE) and wholly owned by Mubadala Investment Company, and Hughes Network Systems (HUGHES), a subsidiary of EchoStar Corporation (NASDAQ: SATS), today ......read more
Dubai, UAE, September 09, 2018: SNC-Lavalin (TSX:SNC) is pleased to announce that it has been awarded a framework agreement for project support services with LUKOIL Mid-East for the West Qurna phase 2 oil field in Iraq.
“We continue to build on our long-term relationship with LUKOIL and to help them realize their projects successfully. Once again, we look forward to demonstrating ......read more
Dubai, UAE, September 05, 2018: Gazprom Neft, Mubadala Petroleum and the Russian Direct Investment Fund (RDIF, the sovereign wealth fund of the Russian Federation) have announced the completion of a transaction establishing a joint venture to develop oil fields in the Tomsk and Omsk regions of Western Siberia.
Further to an agreement announced on 24 May 2018, Gazprom Neft has now ......read more
Dubai, UAE, September 04, 2018: A collaboration between Masdar, Taaleri Energia and the German development finance institution DEG to develop the largest utility-scale commercial wind project in Serbia has successfully reached a number of key milestones, and is on schedule to start production early next year.
Čibuk 1 in Dolovo, situated 50km outside the capital Belgrade, has ......read more
Abu Dhabi, UAE, September 04, 2018: The third annual Atlantic Council Global Energy Forum will be held in Abu Dhabi on January 12-13, 2019, again kicking off Abu Dhabi’s Sustainability Week.
The two-day premier event gathers international and regional political, industry, and thought leaders to set the global energy agenda for the year and examine the longer-term geopolitical and ......read more
2 September 2018, Abu Dhabi, United Arab Emirates: The Federal Authority for Nuclear Regulation (FANR) and Khalifa University of Science and Technology (KU), have signed a collaborative research agreement focused on advancing nuclear safety research and educating the UAE’s next generation of peaceful nuclear energy professionals.
The agreement was signed during a ceremony held at ......read more
“As the nation prepares to celebrate the 4th Emirati Women's Day under the theme ‘Women on the Course of Zayed’ to honor the achievements of Emirati women and their contributions to the UAE’s development and prosperity through local, regional, international and leadership positions, the outstanding progress made by women across all professional and technical sectors is ......read more
Oliver Wyman releases new report highlighting the impact of PPPs on national infrastructures across major Gulf economies
Dubai, United Arab Emirates, 07 August 2018: In recent years, since the oil price slump, plans have emerged across the Gulf to curb fiscal deficits and diversify economies, most notably through the development of national infrastructure, highlights a new report ......read more
Winner(s) will be announced at the “Unlocking Solar Capital: Africa 2018” conference in November
Dubai, UAE, August 07, 2018: Phanes Group, an international end-to-end solar provider headquartered in Dubai, UAE, has announced the 2nd edition of its Solar Incubator program, aimed at identifying PV projects of potential in sub-Saharan Africa by providing support to funding, and ......read more
Unit 2 Hot Functional Test (HFT) completed successfully as part of testing and commissioning in preparation for operation
Nawah operators benefit from unique plant operating experience
Abu Dhabi, UAE – 6 August 2018: The Emirates Nuclear Energy Corporation (ENEC) has successfully completed Hot Functional Testing (HFT) on Unit 2 of the Barakah Nuclear Energy Plant. This ......read more
2 August, 2018 – Abu Dhabi, United Arab Emirates: National Central Cooling Company PJSC (DFM: Tabreed), the leading regional district cooling utility company, today released its consolidated financial results for the first half of 2018. The company continues to meet the region’s growing demand for district cooling and deliver solid performance and ......read more
Abu Dhabi, UAE – 25 July 2018: Nawah Energy Company (Nawah), the nuclear operating joint venture company established by the Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO), celebrated the graduation of 195 students who are specializing in nuclear energy as part of the ‘Energy Pioneers’ scholarship program.
The graduates ......read more
The renewable fuel alternative is manufactured from the used cooking oil produced by restaurants at The Sustainable City
Dubai, United Arab Emirates, 18 July 2018: The Sustainable City, the Middle East’s first fully operational sustainable community, has adopted B100 biodiesel to fuel the construction of the new buildings in phase 2 including Fairgreen International School, ......read more
New 175,000-square metre facility in Jebel Ali Free Zone to connect to global markets
Dubai, United Arab Emirates, 16 July 2018:- DP World, UAE Region, the Middle East’s leading regional trade enabler, today signed an important Strategic Long Term Service Agreement with Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside ......read more
All major concrete work successfully completed at Unit 3 of the Barakah Nuclear Energy Plant
Major construction work completed on Unit 3 Turbine Generator and Reactor Vessel (RV) Internals
Abu Dhabi, UAE – 10 July 2018: The Emirates Nuclear Energy Corporation (ENEC) has achieved a series of significant milestones in the construction of Unit 3 of the Barakah Nuclear ......read more
Abu Dhabi, June 25-26, 2018
Dubai, United Arab Emirates; July 3, 2018: Business France jointly with EVOLEN, and the French Business Group hosted the third UAE France Oil and Gas Connecting Days from June 25th to 26th in Abu Dhabi and Ruwais. The two days forum included ADNOC and its subsidiaries, as well as several ADNOC partners including Mudabala Petroleum.
This event was ......read more
ADIPEC Awards Celebrate Excellence in the Petroleum Industry
Categories Highlight Outstanding Achievements Shaping the Future in an Evolving Landscape for Hydrocarbons
Abu Dhabi, UAE – 3 July 2018 – Entries for the oil and gas industry’s prestigious ADIPEC 2018 Awards are now open, with six categories focused on issues crucial to the progress and resilience ......read more
1 July 2018, Abu Dhabi, United Arab Emirates: The United Arab Emirates hosted the International Atomic Energy Agency (IAEA) Phase 3 Integrated Nuclear Infrastructure Review (INIR) mission from 24 to 1 July. The aim of the mission was to assist the UAE by providing a review of the nation’s overall nuclear energy infrastructure. The UAE is the first country to implement and ......read more
Dubai, UAE, June 28, 2018: Introduction and basis for preparation
This report sets out details of the payments made to governments by RAK Petroleum plc and its subsidiary undertakings (‘RAK Petroleum’) for the year ended 31 December 2017 as required under the Disclosure and Transparency Rules of the UK Financial Conduct Authority (the ......read more
Dubai, UAE, June 27, 2018: Siemens has received an order for three SGT5-4000F gas turbines from United Arab Emirates (UAE). The turbines will be used in Unit H Phase 4 of the Al Aweer power plant complex which is located approximately 35 kilometers from downtown Dubai. DEWA has awarded the project EPC contract to Siemens in a consortium led by the Egypt-based company El Sewedy Electric Co ......read more
Dubai, UAE, June 24, 2018: The Bloomberg Commodity Index has seen its year-to-date gains disappear following four weeks of heavy selling. The broad-based index, which tracks 22 major commodities evenly split between energy, metals and agriculture, has been hurt by a stronger dollar and trade war angst as well as expectations that Opec+ will increase production in order to cap crude ......read more
Abu Dhabi, 20 June 2018: Mubadala Petroleum announces that it has completed the acquisition from Italy’s Eni of a 10 percent participating interest in the offshore Shorouk Concession in Egypt, which contains the supergiant Zohr gas field. Following the completion, Eni, through its subsidiary IEOC, holds a 50 percent interest in the concession. The other partners in the ......read more
June 20, 2018 - Etihad ESCO, the leading energy service company, announced the signing of an agreement with Jamal Al Ghurair Group to retrofit two of their industrial facilities in Abu Dhabi- Gypsemna and Porcellan. Etihad ESCO and Jamal Al Ghurair Group formed the partnership after identifying the enormous energy savings potential of the project. Being the first retrofit program to be undertaken ......read more
The poll on nuclear energy conducted by independent global market research company Nielsen shows that 82 percent of UAE residents are in favor of using nuclear energy for generating electricity - the highest level of support globally
Al Dhafra residents show highest acceptance levels in the UAE for the construction of the Barakah plant
Abu Dhabi, UAE – 20 June 2018: An ......read more