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JNPT Signs Pact with MSEDCL for Power Supply in Port Area

Date : Jan 15, 2021

The Jawaharlal Nehru Port Trust (JNPT) has signed a pact with the Maharashtra State Electricity Distribution Company (MSEDCL) for power supply in the port area.

 

JNPT signed the memorandum of understanding (MoU) following its board of trustees' approval on 24 December 2020.

 

JNPT has five container terminals that handle over 50 percent of the total container cargo among major domestic ports.

 

With this agreement, the process of legalising electricity distribution once for all is resolved and will help JNPT in delivering its duties towards its stakeholders.

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ADNOC Distribution Increases Commitment to KSA

Date : Jan 13, 2021

ADNOC Distribution, the UAE’s largest fuel and convenience retailer, has announced the execution of a definitive agreement to acquire 15 service stations in the Kingdom of Saudi Arabia, reaffirming its commitment to grow its business in...

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Tethys Oil Spuds Exploration Well on Block 49 Onshore Oman

Date : Jan 13, 2021

Sweden-based Tethys Oil said that drilling operations of exploration well Thameen-1 on Block 49 onshore Oman has commenced. The well is planned to be drilled to a depth of about 4,000 meters below...

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Tehran to Host Oil Show from 21-24 January

Date : Jan 13, 2021

The 25th Iran International Oil, Gas, Refining and Petrochemical Exhibition will be held in Tehran from January 21 to 24.

 

According to the National Iranian Oil Company, with the special support of the Office...

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Oil India Inks MoU with Assam Hydrocarbon

Date : Jan 13, 2021

Oil India signed a memorandum of understanding (MoU) with Assam Hydrocarbon & Energy Company (AHECL) in Guwahati in December 2020.

 

The Memorandum of Understanding (MoU) is aimed at establishing a joint...

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Abu Dhabi Fund Remotely Monitors Partner Countries' Projects

Date : Jan 12, 2021

Abu Dhabi Fund for Development said its technical team is remotely inspecting the projects it had financed in many partner countries.

 

The move is part of the Fund’s effort to ensure continuity, timely...

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Alba’s Production Hits Record High in 2020

Date : Jan 12, 2021

Aluminium Bahrain (Alba), the world’s largest aluminium smelter ex-China, ended 2020 by beating its production target of 1,540,000 metric tonnes per annum (mtpa) to top a breakthrough record of 1,548,500 metric tonnes, the highest-ever...

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Jordan in Talks to Renew Crude Import MoU with Iraq

Date : Jan 12, 2021

Jordan’s Ministry of Energy and Mineral Resources said it is in talks with Iraqi authorities on renewing the memorandum of understanding (MoU) on crude oil supply signed between the two governments, a media report...

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Saudi Group Advanced Petchem Signs US, Japan Sales Agreements

Date : Jan 11, 2021

Saudi-based Advanced Petrochemical Company, a key manufacturer of polypropylene products, said its subsidiary, Advanced Global Investment Company (AGIC), has signed off-take agreements for the sale of polypropylene with two US-based groups -...

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RIL, BP Announce First Gas from Asia’s Deepest Project

Date : Jan 11, 2021

Reliance Industries (RIL) and BP announced the start of production from R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India.

 

RIL and BP have commissioned India's first...

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EPC Bids awaited for NEOM Hydrogen Project in KSA

Date : Jan 15, 2021

The Engineering, Procurement and Construction (EPC) bids are awaited for the planned hydrogen production facility at NEOM powered by renewable electricity in the Kingdom of Saudi Arabia.   In July 2020, Air Products, in conjunction with ACWA Power and NEOM, signed an agreement for world-scale green hydrogen based ammonia production facility. The value of signed agreement was $5 billion.   The Project is referred as “Helios Green Fuels Project”. As part of the EPC scope, following utilities will be constructed: • Solar PV Power Plant of Capacity more than 2200MW • Windfarm Power Plant of Capacity more than 19...

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NBO selected as Fund Manager for Oman Oil Projects

Date : Jan 15, 2021

National Bank of Oman (NBO) has been selected as the onshore bank for PetroTel Oman LLC, which recently secured a US$300mn financing from the US International Development Finance Corporation (DFC) for its oil and gas projects in Oman’s...

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BPGIC Signs Oil Storage Offtake Contracts

Date : Jan 15, 2021

Brooge Energy Limited and its wholly-owned subsidiary Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), a Fujairah Free Zone Entity in the oil storage and services business, has announced that BPGIC has signed offtake...

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SEPCO III Successfully Delivers Az-Zour Phase III Power Plant

Date : Jan 15, 2021

SEPCO III, the EPC of the Az-Zour South Phase-III Combined-Cycle Power Plant in Kuwait announced in a statement that, it has officially obtained its project handover certificate from the Ministry of Electricity & Water (MEW), Kuwait,...

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India: Kakrapar Nuclear Power Plant Unit-3 Synchronised to Grid

Date : Jan 15, 2021

The Unit-3 of Kakrapar Nuclear Power Plant (KAPP) in Gujarat has been synchronised with the grid.

 

India's first 700 MWe pressurised heavy water reactor (PHWR) was synchronised with grid on 10 January...

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Jebel Ali Desalination Plant Produces First Water

Date : Jan 13, 2021

ACCIONA has achieved a key milestone in the construction of the Jebel Ali desalination plant, located in Dubai, with the production of the first cubic metre of potable water.

 

The plant, under construction by...

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India: WB Cabinet Approves Land for ONGC for Further Oil Exploration

Date : Jan 13, 2021

The West Bengal cabinet has approved giving 13.49 acres at Ashoknagar to ONGC for further oil exploration, Chief Minister Mamata Banerjee said. Highlighting the advantages that the state will enjoy due to the oil exploration by the...

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DEME, OQ Begin Joint Green Hydrogen Project in Duqm

Date : Dec 31, 2020

Concessions (DEME) and OQ Alternative Energy (OQ) are proud to announce the start of a joint project to develop a world leading, green hydrogen plant in the Special Economic Zone at Duqm, Oman in cooperation with The Public Authority for...

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Iran Plans to Launch 8 Petchem Projects by March

Date : Jan 12, 2021

Iran is planning to launch 8 petrochemical projects by the end of the current Iranian calendar year to March 20, 2021.

 

The CEO of the National Petrochemical Company (NPC), Behzad Mohammadi said that the...

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NRL Plans Rs 9.49bn Project to Boost Capacity, Lay Pipelines to Odisha, Bengal

Date : Jan 12, 2021

The state-owned Numaligarh Refinery Limited (NRL) in Assam has undertaken an ambitious Rs 9.49 billion plan to augment its capacity and lay 2,200 km of crude oil pipeline from the Paradip port in Odisha to Numaligarh, and product pipeline from...

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