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Iran, Oman to form Strategic Gas Committee

Date : Jul 16, 2018

The CEO of the National Iranian Gas Export Company (NIGEC) said Iran and Oman were about to form a joint strategic committee to finalize a long-sought gas pipeline project.

 

Speaking to source, Mehran Amir Moeini said an Iranian delegation was scheduled to visit Oman in order to finalize the framework of cooperation between the two countries.

 

Since 2004, Iran and Oman have been in talks to carry out a gas pipeline project in which Iran is expected to send its gas through a sea pipeline to the Persian Gulf country to have it converted into liquefied natural gas (LNG) and then receive it to b...

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APSEZ in Talks to Acquire Gangavaram Port for $2.1 Billion

Date : Jul 16, 2015

Adani Ports & Special Economic Zone (APSEZ ) has entered into exclusive talks to acquire Gangavaram Port near Vishakhapatnam in Andhra Pradesh for $2.1 billion, a deal which could make the company a dominant player on the...

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BPCL to Invest $4bn in Oman-India JV

Date : Jul 16, 2015

India’s Bharat Petroleum Corporation Limited (BPCL), a major state-owned refiner, plans to invest around $4 billion to expand a refinery joint venture in India that is partly owned by Oman, a report said.

Oman Oil...

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Qatargas Issues 2014 Sustainability Report

Date : Jul 16, 2015

Qatargas has issued its 2014 Sustainability Report, covering the company’s economic, environmental and social performance. The report, which is the fifth Sustainability Report of Qatargas, includes historical performance data, coverage...

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Project Iraq - 9th Erbil International Fair, from 5 to 8 October 2015

Date : Jul 15, 2015

Organized by International Fairs & Promotions (IFP) Iraq, Project Iraq - Erbil 2015, the 9th International Trade Exhibition for Construction Materials and Equipment and Environmental Technology, will be taking place at the Erbil...

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Arab Smart City Projects to Use Cloud-based Solutions

Date : Jul 15, 2015

DUBAI, 15 hours, 18 minutes ago

Leading IT solution providers are experimenting with cloud-based computing solutions to help governments deliver smart city projects in the Arab world and across the...

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SEC Seeks Multi-Billion-Dollar Loan

Date : Jul 15, 2015

Saudi Electricity Company (SEC), the Gulf's largest utility firm, is in talks with local and international banks to raise a multi-billion-dollar loan, according to two sources aware of the matter.

 

The...

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IGL Raises Stake in MNGL to 50%

Date : Jul 14, 2015

Indraprastha Gas Ltd (IGL) has acquired 2.5 million more shares of Maharashtra Natural Gas Ltd (MNGL) to become a 50 per cent shareholder in the company.

 

Earlier this year, IGL acquired 47.5 million shares in MNGL in the...

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NIGC Denies Agreement on Gas Price Discount

Date : Jul 14, 2015

NIGC denies report that have been published in the media last week regarding an alleged agreement with Botas to give it a discount in the gas price, NIGC's director for international affairs, Azizollah Ramezani...

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Empower Launches Campaign to Reduce Energy Usage

Date : Jul 14, 2015

Dubai-based Emirates Central Cooling Systems Corporation (Empower) has launched an emirate-wide summer campaign to reduce district cooling (DC) consumption and boost transparency levels in its billing...

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GPIC Achieves Projected Production and Export Targets

Date : Jul 14, 2015

Bahrain-based Gulf Petrochemical Industries Company (GPIC) has achieved its projected production and export targets for the first half of the year, a top official has said.

 

GPIC president Dr Abdulrahman Jawahery said...

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Precision Drilling Bags Kuwait Rig Contract

Date : Jul 16, 2018

Canada’s Precision Drilling Corporation said it was awarded a five-year contract for a new build drilling rig in Kuwait.   The take or pay contract has an optional one year extension for the rig which will add to the existing five active rigs in Kuwait on long-term contracts, Precision said in a statement.   The company expects the sixth rig to commence operations in the third quarter of 2019.   All six rigs have standardized rig design features and specifications delivered within the last five years. In line with prior new builds, the rig has attractive internal return metrics and a payback period within the initial contra...

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Dewa to Award $3bn Contracts for 85 New Substations in 3 years

Date : Jul 16, 2018

The Dubai Electricity and Water Authority (Dewa) is set to award contracts worth Dh11.4 billion ($3.1 billion) for the construction of 85 new 132/11kV substations and six 400/132kV substations over the next three...

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ACME Bags 600 MW Solar Power Project at SECI

Date : Jul 16, 2018

ACME bags 600 MW Solar PV capacity in the reverse auction held on 02.07.2018 invited by SECI for 2000 MW solar power tender.

 

Solar Energy Corporation of India (SECI) invited solar tenders with cumulative...

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DMRC to Get Green Power from Rewa Solar Plant in Two Months

Date : Jul 16, 2018

The Delhi Metro Rail Corporation (DMRC) will start getting green power from the Madhya Pradesh-based Rewa Ultra Mega Solar Ltd (RUMSL) in the next two months, the first project in the country to supply power to an inter-state open...

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Axens Wins Contract to Optimize SATORP Aromatics Complex Performance

Date : Jul 13, 2018

SATORP (Saudi Aramco Total Refining and Petrochemicals Company) has selected Axens to evaluate, develop, and implement an Advanced Process Control (APC) system for its aromatics complex ParamaX producing high purity Paraxylene and benzene....

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Toyo Renews General Engineering Service Contract to Support KJO

Date : Jul 13, 2018

Toyo Engineering Corporation agreed the third renewal of General Engineering Services Agreement (GESA) original contract valid in 2002 with Al-Khafji Joint Operations (KJO) who operates Khafji and Hout Oil Fields located in...

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Bajaj Hindusthan to Sell 17.51% Stake in Group's Power Firm LPGCL

Date : Jul 13, 2018

Bajaj Hindusthan Sugar plans to sell its entire 17.51 per cent stake in the group firm Lalitpur Power Generation Company Ltd (LPGCL), estimated to be worth Rs 1,100 crore.

 

The company had invested Rs 770...

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Solar Power Tariff Jumps to Rs 3.48 Per Unit in 1 GW UP Auction

Date : Jul 13, 2018

Higher land prices have pushed the solar power tariff to Rs 3.48 per unit in the 1 Gw capacities auction conducted by Uttar Pradesh New and RenewableEnergy Development Agency (UPNEDA), according to a source. 

The Rs 3.48...

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EGA Set to Commission Taweelah Refinery

Date : Jul 11, 2018

Emirates Global Aluminium (EGA), a leading industrial company in the UAE, has received its first shipment of bauxite ore in preparation for the commissioning of its under-construction Al Taweelah alumina...

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CLP India is moving Away from Coal-Fired Power

Date : Jul 11, 2018

One of the earliest international entrants in the India’s power market, CLP, will only invest in zero-carbon emission power projects from here on. That’s according to the chief executive of its Indian arm Rajiv...

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