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Enoc, BHGE to Co-develop Real-time Lubricant Monitoring System

Date : Feb 19, 2019

Baker Hughes, a GE Company announced an agreement with Emirates National Oil Company (Enoc) to co-develop VitalyX, a real-time lubricant monitoring system.

 

VitalyX can be deployed in multiple industries using large machinery, and the advanced cloud-based system is designed to detect and measure key lubricant properties in real-time while simultaneously converting the data into actionable insights. Enoc, which will not only co-develop but has also signed the first order for VitalyX, announced the project with BHGE leaders at BHGE’s Annual Meeting in Florence, with more than 1,100 customers in...

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China Sunergy, Dubai Firm to Form Solar Venture for MEA Market

Date : Jan 13, 2016

China Sunergy (CSUN) and Z-One Holding of the UAE will form a joint venture to market and sell the full range of CSUN's solar products and provide high value-added PV solutions in the Middle Eastern and African...

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UAE District Cooling Firms Set to Grow by 18pc in 5 Yrs

Date : Jan 12, 2016

The UAE district cooling companies, which include top names such as Emirates District Cooling (Emicool), Empower and Tabreed among others, are expected to play pivotal roles in the growth of the industry across Middle East and...

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Aramco’s Listing Plans Under Study – Chairman

Date : Jan 12, 2016

Saudi Arabia's giant national oil company is weighing various ideas regarding the possible listing of the world's largest oil company or its subsidiaries, said Saudi Aramco chairman Khalid Al-Falih on...

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Petrogas Inks Agreement with Krishnapatnam for Setting up LNG Terminal

Date : Jan 12, 2016

Petrogas Private Ltd, a joint venture between ISOMERIC Holdings Bhd of Malaysia and LEPL Ventures Pvt Ltd (LEPL) from Vijayawada, has signed facilitation MoU with Krishnapatnam Port Company Ltd (KPCL) and the Andhra Pradesh Government...

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Indian Oil to Spend $600 Million on Paradip Refinery Upgrade

Date : Jan 12, 2016

Indian Oil Corp aims to invest Rs 40 billion ($600 million) in upgrading its newest refinery in Odisha after the central government decided to bring forward by four years the introduction of road vehicle fuels which are compliant with...

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MOL Plc Relinquishes Akri-Bijeel Licence

Date : Jan 12, 2016

MOL Hungarian Oil and Gas Plc has announced that, in agreement with its partners Gulf Keystone Petroleum (GKP) and the Kurdistan Regional Government’s Ministry of Natural Resources, it has decided to relinquish the Akri-Bijeel...

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Kerala Power Minister to Lay Foundation Stone for Multi-Crore Project

Date : Jan 11, 2016

The work on the proposed solar power plant to be constructed by the Kerala State Electricity Board (KSEB) at Thalakkulathur under its Renewable Purchase Obligation (RPO) project will begin on January 21. Minister for Power Aryadan...

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Pumping Restarts on Iraq Oil Pipeline to Turkey

Date : Jan 11, 2016

Oil exports from northern Iraq through a pipeline to the Turkish port city of Ceyhan resumed on Wednesday after a 10-hour stoppage caused by a technical fault on the Turkish side of the border, a senior Turkish energy official...

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Iranian Industrialists Supply 70% of Petrochemical Equipment

Date : Jan 11, 2016

Deputy Petroleum Minister says Iranian industrialists supply 70% of the industrial items needed in petrochemical productions.

 

"We hope Iranian manufacturers will win a firm foothold in international markets besides...

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Maaden Subsidiary Gets $1bn Loan for 4 Ventures

Date : Jan 11, 2016

A subsidiary of Saudi Arabian Mining Company (Maaden) has won the approval of Saudi Industrial Development Fund (SIDF) for four long-term loans amounting to SR4 billion ($1.063 billion), a report...

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IOCL Buys Commissioning Cargo of LNG for New Ennore Terminal

Date : Feb 19, 2019

Indian Oil Corp (IOC) bought a commissioning cargo of liquefied natural gas (LNG) for its new Ennore terminal in south India, in a sign that India’s first terminal in the east coast is readying for start-up, three industry sources said on Monday. State-owned IOC bought a partial LNG cargo for delivery on Feb. 25 from commodities trader Gunvor, the sources said.   It bought the cargo at about $9.50-9.90 per million British thermal units (mmBtu), one of the sources said. The sources declined to comment as they were not authorized to speak with media due to the commercial sensitivity of the matter. A Gunvor spokesman said the company does not comme...

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West Bengal to Get Solar PV Power Plant By March 2019

Date : Feb 18, 2019

The West Bengal State Electricity Distribution Company is setting up a 10 MWp solar photovoltaic-based power unit at Santaldih in Purulia district of West Bengal on EPC basis.

 

In August 2016, Bharat Heavy...

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IOC Gets Govt Nod for New Petroleum Storage Terminal in Telangana

Date : Feb 18, 2019

The Expert Appraisal Committee under the Environment Ministry has given "green signal" to Indian Oil Corporation Ltd for setting up a grass root petroleum storage and distribution terminal in Telangana. According to the...

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Etihad ESCO Completes Solar Retrofit Project in Hatta

Date : Feb 18, 2019

Etihad Energy Services Company (Etihad ESCO), the wholly-owned subsidiary of Dubai Electricity and Water Authority (DEWA), announced the successful completion of the Hatta solar retrofit project.

 

The project...

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DEWA to Seek Partners to Build Solar-Powered Desalination Plant

Date : Feb 15, 2019

Dubai will seek partners this year to build its first solar-powered desalination plant as the emirate tries to diversify away from burning fossil fuels to increase its water supply, the head of the Dubai Electricity and Water...

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UAE-based Tabreed Signs First District Cooling Contract in India

Date : Feb 14, 2019

UAE-based National Central Cooling Company (Tabreed) said it has entered into a 30-year concession with Andhra Pradesh Capital Region Development Authority (APCRDA) to build, own, operate and transfer its first district cooling system in...

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CM Patnaik lays Foundation Stone Laid for Odisha’s Subarnarekha Port

Date : Feb 14, 2019

Chief Minister of Odisha Naveen Patnaik laid the foundation stone of the Subarnarekha port in Balasore district of Odisha on 13 February 2019.

 

The proposed port is being developed by Tata Steel and Creative...

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Maire Tecnimont JV to Build Polymer Facility in Kizad

Date : Feb 14, 2019

Gulf Compound Blending (GCB), a newly-formed joint venture between Met T&S (Maire Tecnimont Group), M Cecchi & Co and Arab Development Establishment, is set to establish a new polymer facility within the Khalifa Industrial Zone Abu...

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Oman Signs Major Deals for Duqm Integrated Power & Water Project

Date : Feb 13, 2019

Oman-based Al Duqm Power Company has signed five major agreements for the construction of an integrated power and water plant in the Special Economic Zone of Duqm at an investment of $480 million, said a...

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BP India Likely to Complete KG-D6 Project by Next Year

Date : Feb 13, 2019

British Petroleum (BP) India on Tuesday said that it expects to complete the entire Krishna Godavari Dhirubhai 6 (KG-D6) project by next year. RIL, along with its partner BP India, is developing three sets of oil and gas discoveries...

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