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KAPSARC Develops 3 Models for Energy System in Saudi Arabia

Date : Sep 18, 2020

The King Abdullah Petroleum Studies and Research Center (KAPSARC) has developed three models and tools for the economy and energy system in Saudi Arabia, in an effort to boost and diversify Saudi Arabia’s economic and energy prosperity and achieve its Vision 2030 goals.

 

The center’s researchers have designed the Vision 2030 dynamic input-output tool, the KAPSARC energy model, and the energy policy simulator tool, in order to enhance the understanding of energy economics and environmental policies.

 

“In order to predict the future of economic and energy issues and face futu...

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ADNOC Completes $1bn Institutional Placement of Distribution Shares

Date : Sep 17, 2020

Abu Dhabi National Oil Company (“ADNOC” and, together with its subsidiaries, “ADNOC Group”), has successfully completed a placement to institutional investors of 1.25 billion shares in Abu Dhabi National Oil Company for...

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Five Petroleum and Gas PSUs under PNG Ministry to Join International Solar Alliance

Date : Sep 17, 2020

5 Public Sector Undertakings (PSUs) under Petroleum and Natural Gas Ministry will be joining International Solar Alliance (ISA)'s Coalition for Sustainable Climate Action (ISA-CSCA) as Corporate Partners and will be contributing to...

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Landfill Waste Disposal of Solar Modules Pose No Significant Health Hazard – IEA

Date : Sep 17, 2020

There are no significant health hazards for landfill waste disposal of used solar modules, according to a new report published by the International Energy Agency (IEA). The report focused on the potential hazards of the end-of-life...

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Abu Dhabi Sustainability Week Set for January, 2021

Date : Sep 16, 2020

Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, will be held from January 18 to 21, 2021 and reimagined virtually.

 

Ensuring the safety of all participants,...

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Asia to Lead Global Ethylene Glycol Capacity Additions with AAGR of 11%

Date : Sep 16, 2020

Global ethylene glycol (EG) capacity is poised to see considerable growth over the next five years, potentially increasing from 41.80 million tonnes per annum (mtpa) in 2019 to 65.04 mtpa in 2024, registering a total growth of...

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Wavefront Appoints New Distributor in Saudi Arabia

Date : Sep 16, 2020

Wavefront Technology Solutions, an oil field service provider, has entered into a non-exclusive distribution agreement in Saudi Arabia with Synergy International Energy Company.

 

Within Saudi Arabia coiled...

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Weatherford Appoints Girish Saligram as Company President & CEO

Date : Sep 16, 2020

Weatherford International has appointed Girish Saligram as company President and CEO effective October 12, 2020. He will also serve as a member of the company’s Board of Directors.

 

According to Charles...

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Reliance Industries Releases Detailed Plan to carve out O2C Assets

Date : Sep 16, 2020

Reliance Industries Ltd. released a detailed plan to carve out its oil-to-chemicals business following through on a proposal announced in April and readying the unit for a potential stake sale.

 

The so-called...

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Sinopec holds First Virtual International Open Day Event in Saudi Arabia

Date : Sep 15, 2020

China Petroleum & Chemical Corporation (Sinopec) held its first virtual, as well as debut International Open Day in Saudi Arabia.

 

A leading energy and chemical company in China, Sinopec said the...

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Fluor JV Successfully Starts Up Boilers at New Al-Zour Refinery

Date : Sep 18, 2020

Fluor Corporation has announced that its joint venture with Daewoo Engineering & Construction and Hyundai Heavy Industries, FDH JV, has successfully started up two boilers and they began generating steam in the new Al-Zour Refinery at the Kuwait Integrated Petrochemicals Industrial Company’s (KIPIC) Package 2 and 3 Project in Kuwait.   Fluor is leading a joint venture that is working to deliver two engineering, procurement, fabrication and construction packages for key process support units, utilities and infrastructure for the highly complex, mega-sized Al-Zour Refinery project in Kuwait. Upon completion, the grassroots complex is expected ...

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Second Phase of Tadweer’s Al-Dhafra PV Solar Plant Commissioned

Date : Sep 18, 2020

The second phase of Abu Dhabi Waste Management Centre's (Tadweer's) PV solar plant will reduce the company's carbon footprint by 1,300 tonnes

 

The second phase of a photovoltaic (PV) solar plant...

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DNO Starts $110mn Peshkabir Gas Capture and Injection Project

Date : Sep 18, 2020

DNO ASA, the Norwegian oil and gas operator, has announced that the $110 million Peshkabir Gas Capture and Injection Project in its Tawke license in the Kurdistan region of Iraq is onstream and has reached the one...

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World’s First CNG terminal to come up in Bhavnagar – Gujarat CM

Date : Sep 18, 2020

The Gujarat Chief Minister Vijay Rupani on Tuesday said Bhavnagar will become the first Compressed Natural Gas (CNG) terminal in the world, as the government has given its sanction to the Rs. 19 billion brownfield project. The...

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Indian Railways Plans to Set up 20 GW of Solar Projects by 2030

Date : Sep 18, 2020

The Indian Railways plans to develop 20 GW of solar projects in its vacant lands to help meet projected consumption requirements of over 33 billion units (BU) by 2030, according to an announcement by the Ministry of...

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Marafiq Consortium Signs $280mn Saudi Sewage Plant Finance Deal

Date : Sep 17, 2020

Marafiq, a leading power and water utility company for Jubail and Yanbu, said its consortium comprising key partners – Veolia and Amwal AlKhaleejiah – has signed an agreement with Saudi Water Partnership Company (SWPC) for the...

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ACWA Power Inks $650mn Financing Agreement for Jubail Desalination Water Plant

Date : Sep 17, 2020

Saudi Arabian energy company ACWA Power has achieved financial close on the $650mn Jubail 3A Independent Water Plant (IWP) project.

 

Jubail 3A IWP received limited recourse ring-fenced financing from Al Rajhi...

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EQUATE & NTEC Complete Solar Power Project in Kuwait

Date : Sep 17, 2020

As part of its commitment to long-term sustainable development, the EQUATE Group, in partnership with the National Technology Enterprise Company (NTEC), has completed a solar power project that will deliver clean renewable energy for the...

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India: KSEB Gets Approval to Procure 200 MW Solar Power

Date : Sep 16, 2020

The Kerala State Electricity Regulatory Commission (KSERC) approved Kerala State Electricity Board Limited’s (KSEB) request for inviting bids for procuring 200 MW solar power.

 

The Commission also gave...

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Abu Dhabi Khalifa Port's Expansion Work on Schedule

Date : Sep 15, 2020

Abu Dhabi Ports has announced that the expansion work on its Khalifa Port project was moving at a steady pace with 80 per cent of construction already completed within Phase One of its South Quay development which is on track for completion by...

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