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Qatar Starts Work on $250mn Mesaimeer Tunnel Project

Date : May 22, 2018

Qatar's public works authority Ashghal has begun work on the QR920-million ($251 million) Mesaimeer Pump Station and Outfall Tunnel project, aimed at providing a sustainable solution to discharge surface and storm water.

 

It is the second phase of the Mesaimeer Surface and Ground Water Drainage Tunnel Project, which will provide a sustainable solution for the discharge of surface and storm water, said a statement from Ashghal.

 

The project is being implemented by a joint venture between Hamad Bin Khalid Contracting Company and Porr Qatar Construction Company, while the project management...

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IOC Teams Up With MCPI to Set Up Rs 10 Billion Polyester Unit in Odisha

Date : May 21, 2018

Indian Oil Corporation (IOC) is teaming up with Chatterjee group arm, MCPI to set up an Rs 10 billion polyester staple fibre (PSF) unit in Odisha. This is part of an overall investment drive taken up by the state government to attract...

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India Becomes Third Largest Solar Market in the World

Date : May 21, 2018

In India every other institution is consuming electricity via solar cell panel, be it Delhi metro, education institution or government offices.

 

Mercom Communications India, an arm of global clean energy...

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Solar-Powered CSCS to Reach 2.50 Lakh Villages by Year-End

Date : May 21, 2018

The network of solar-powered Common Service Centres (CSCs), which act as access points for delivery of digital services, are set to be expanded to 2.50 lakh gram panchayats by the year-end, IT Minister Ravi Shankar Prasad said...

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Saudi PIF, SoftBank in Early Talks with Banks on Potential Funding for Huge Solar Project

Date : May 21, 2018

SoftBank Group Corp and Saudi Arabia's Public Investment Fund are in early talks with banks about potential funding for a multi-billion dollar solar power project planned in the kingdom, say sources familiar with the matter. The...

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Global Oil Glut Eliminated; OPEC Producers Still Cutting More than Pact Demands

Date : May 18, 2018

A global oil glut has been virtually eliminated, figures published by OPEC showed on Monday, thanks to an OPEC-led pact to cut supplies that has been in place since January 2017 and due to rising global...

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Bahri Adds New VLCC to Increase its Crude Oil Fleet Strength

Date : May 18, 2018

National Shipping Company of Saudi Arabia (Bahri), a leader in logistics and transportation, has taken the delivery of ‘Amad’, a very large crude-oil carrier (VLCC), further enhancing its market-leading capabilities in...

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OOCEP Signs Agreement for LPG Bottling Plant in Musandam

Date : May 18, 2018

A cooperation agreement to establish a Liquefied Petroleum Gas (LPG) bottling plant in Musandam was signed by Oman Oil Company Exploration and Production (OOCEP), Fund for Development of Youth Projects (Sharakah) and Bukha Development...

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UK Gov’t Backs Firms Willing to Work in Iran: Envoy

Date : May 18, 2018

The British Ambassador to Iran voiced his country’s support for British companies willing and capable of working in and trading with Iran.

Speaking to reporters following signature of a heads of agreement between the...

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McKinsey Working to Integrate Oman Refining, Petchem Assets

Date : May 17, 2018

Oman is working with consultancy Mckinsey & Co to integrate its refining and petrochemical industries into one entity, a senior Omani official and a financial source familiar with the matter...

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Bahrain to Launch Al Dur 2 IWPP in June 2020

Date : May 22, 2018

Bahrain's Electricity and Water Authority (EWA) said the Phase Two of the Al Dur 2 Independent Water and Power Project will start operations by early June in 2020.   The project, which is being developed in co-operation with the kingdom's private sector, reflects the government’s commitment to delivering comprehensive economic development in line with the principles of Bahrain’s Economic Vision 2030, said a senior minister.   "With the launch of the Al Dur 1, the total production capacity has reached 3921 MW and 179 million imperial gallons per day, representing a 45.9 per cent uplift in electricity production and a...

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USTDA Support in Jordan s Solar Power Plant?

Date : Not Given

The US Trade and Development Agency .USTDA. on June 9 extended a grant to help fund the feasibility study for Jordan's first private solar power project. The USTDA extended a $617,204 grant to Kawar Energy to support the feasibility for Shams Maan, a...

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Manifa Offshore Project to be completed by 2015: Saudi Aramco

Date : Not Given

Saudi Arabian Oil, the world's largest oil company, has disclosed that it s Manifa Offshore Project will be complete by 2015. A...

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IOC & HPCL Signs Contract with RIL

Date : Not Given

Indian Oil Corp .IOC. and Hindustan Petroleum Corp Ltd .HPCL. have signed contracts with Reliance Industries to buy natural gas to replace costlier liquid fuel at their refineries. State-owned officials said IOC has signed a Gas Sale and Purchase...

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S.W.E.C. starts operating Shuaiba-3.

Date : Not Given

Shuaiba-3 plant with capacity of generating 900 megawatts of electricity has started operating at full capacity. The plant also...

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Cape wins $ 10 million award from BAPCO.

Date : Not Given

Bahraini Petroleum Company .BAPCO. has awarded a $10 million contract to Cape for the provision of access services on the...

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GDF Suez Plans Stake Sale in Bahrain Project

Date : Not Given

French gas and power group GDF Suez plans to sell its 30 percent stake in Bahrain's Al Hidd power and water desalination plant and has mandated HSBC as an adviser, two banking sources familiar with the matter said. The stake held by the world's biggest...

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Turkish Companies Bag $900m Contract

Date : Not Given

The Electricity Ministry of Iraq has awarded contracts worth more than $900 million to three Turkish companies for the installation of 20 gas turbines across the country. To be installed in Baghdad, Kerbala and Nineveh, the gas turbines will boost Iraq's...

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IOC May Buy 49% Stake in NPCIL Joint Venture

Date : Not Given

JK Ghai, director .finance., NPCIL said that Indian Oil Corporation .IOC. may acquire up to 49% stake in its proposed joint...

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World s largest L.D.P.E. plant commissioned.?

Date : Not Given

A world-scale low density polyethylene .L.D.P.E.. plant was started by LyondellBasell joint venture Saudi Ethylene and...

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India: Govt to Invite Bids for Solar Power Projects in Aug

Date : Not Given

The government will invite bids for INR 3,000 crore solar power projects with a capacity of 300 MW under the National Solar...

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