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Honeywell Launches Technology Centre in Dubai

Date : Nov 16, 2018

Honeywell has launched an innovation hub called the Honeywell Technology Experience Centre at its regional headquarters in Dubai to showcase its technology and promote knowledge exchange.

 

“The technology centre allows us to showcase with our customers and partners the advances in technology occurring that they can be implementing to improve themselves,” Norm Gilsdorf, president, Honeywell, High Growth Regions, Middle East and Russia, said at the launch event.

 

In the oil and gas sector, Honeywell has several technologies at the centre, including its new Orion control system, whi...

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Bahrain Cabinet Approves 100pc Foreign Ownership in Oil Spill Services

Date : Nov 16, 2018

Bahrain's cabinet approved 100 per cent ownership of firms offering oil spill treatment services by foreign companies and investors.

 

The approval was granted in the light of a memorandum submitted by the...

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India’s Fuel Demand Rises 4 Per Cent in October

Date : Nov 16, 2018

India’s fuel demand rose by 4 per cent in October as a drop in prices propelled a rise in petrol and diesel consumption. Fuel consumption in October totalled 17.99 million tonnes (MT) as compared to 17.3 MT in the same month last year,...

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Indian Govt Mulls Selling 149 Fields of ONGC to Private Firms

Date : Nov 16, 2018

The government is mulling selling as many as 149 small and marginal oil and gas fields of ONGC to private and foreign companies and allow the state-owned firm to focus only on big fields, sources with knowledge of the development...

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Tata Motors to source oils from Savita Oil Technologies

Date : Nov 16, 2018

Savita Oil Technologies has signed an agreement with Tata Motors to manufacture and supply original oils for the India carmaker’s passenger vehicles. The oils and lubricants will be sold under the brand 'Tata Motors Original...

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Fewa, Honeywell Sign MoU for Advanced Energy Management

Date : Nov 16, 2018

The UAE’s Federal Electricity & Water Authority (Fewa) signed a memorandum of understanding (MoU) with Honeywell, a global leader in Industrial Internet of Things (IIoT) technologies for buildings, to drive...

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Tata Power and ICICI Bank Backed Firm to Buy Jaypee's Prayagraj Power from Lenders

Date : Nov 15, 2018

Tata Power and ICICI Bank backed Resurgent Power has acquired 75.01% stake in Jaiprakash Associates 1980-mw power plant, becoming the first of the nearly dozen stressed power plants proposed to be resolved by lenders outside insolvency court....

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KPC Unit ‘hte’ Invests in Catalyst Testing System

Date : Nov 15, 2018

Germany-based hte, a high throughput experimentation company, has supplied a high throughput catalyst testing system for hydroprocessing applications to Kuwait Petroleum Research and Technology (KPR&T/Q8 Research), an affiliate of...

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Solar Decathlon Teams Start Building Solar-Powered Homes

Date : Nov 15, 2018

Teams participating in the first Solar Decathlon - Middle East (SDME) 2018 have started to construct the houses they designed for the competition at Mohammed bin Rashid Al Maktoum Solar Park, said Dubai Electricity and Water Authority...

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GCC Needs $109bn Investment for Power Sector over Next 5 Years

Date : Nov 15, 2018

The GCC private sector and international investors will continue to play an increasingly important role in meeting the rising demand for electricity across the Arab world, according to the newly-released MENA Power Industry Outlook...

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Fluor JV Achieves Milestone in KNPC’s Clean Fuels Project

Date : Nov 16, 2018

Fluor Corporation has announced that its joint venture team, FDH JV, has successfully generated first steam into Kuwait National Petroleum Company’s (KNPC) Clean Fuels Project in Kuwait.   “This significant milestone marks the completion and turnover of the first utility units by the Fluor-led joint venture and KNPC is advancing these units into operation with our ongoing support,” said Al Collins, president of Fluor’s Energy & Chemicals business in Europe, Africa and the Middle East.   “The 12,000-plus craft workers at site have been backed by joint venture project team members across three continents, a g...

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Sabic Signs Storage Services Contract with Belgian Company

Date : Not Given

Sabic, a leader in the chemicals and plastics industries said it has signed a long-term storage services contract with...

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Seismic contracts by Aramco.

Date : Not Given

Seismic contracts worth more than $ 400 million were handed over by Saudi Aramco as it steped up oil and gas exploration in the Kingdom. The contracts cover the Red Sea and the 900,000 barrels per day Manifa oilfield. Aramco is expected to sign the...

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Yansab extends shutdown at petchem plant until Nov 15

Date : Not Given

05 Nov 2013: Saudi Arabia's Yanbu National Petrochemical Co. .Yansab. complex is likely to remain shut for maintenance until the end of next week, the company said late on Sunday. The complex has been shut down since Oct. 23, due to a problem with a...

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Kuwait Seals Naphtha Supplies Deal

Date : Not Given

Kuwait Petroleum Corp .KPC. has sealed a term deal for naphtha supplies lifting December 2010 to November 2011, traders said. Full-range grade was agreed at a $12.00 a tonne premium to Middle East quotes on a free-on-board .FOB. basis, and a light grade...

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ExxonMobil Oil sets target for its Banyuurip field

Date : Not Given

ExxonMobil Oil Indonesia aims to produce 165,000 barrels of oil per day from its Banyuurip field starting in 2013. It is now...

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KJO Delays Bid Submission Deadline for Hout Oil Field Work

Date : Not Given

Opec-members Kuwait and Saudi Arabia have delayed bidding for onshore and offshore gas work contracts at the Hout oil field until early September, industry sources said on Wednesday. Bidding was originally due to close on June 6, but was later extended...

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DEWA Launches Dh130mn Substation at Al Farjan

Date : Not Given

As part of its relentless pursuit, Dubai Electricity and Water Authority .DEWA. launched a new 132 KV substation with a capacity of 150 Megavolt Ampere at Al Farjan area during the second quarter of this year. The cost of this Substation is around...

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Saudi Electricity to form a $2.1 bn Joint Venture with GDF Suez and Sojitz

Date : Not Given

Saudi Electricity said it has agreed to form a $2.1bn joint-venture that includes GDF Suez and Japan's Sojitz Corp to produce much needed electricity for the Kingdom. The state-controlled power utility holds a 50 percent stake in the Darmaa Power Co...

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New transformers to cope-up with power shortage in Qatar.

Date : Not Given

Kahramaa, the Qatar General Electricity and Water Corporation has taken initiatives to reduce the number of summer power...

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Six Month Delay for UAE Crude Oil Pipeline

Date : Not Given

A senior official of China Petroleum Engineering & Construction Corporation, the engineering, procurement and construction contractor .EPC. of the project, said that the crude oil pipeline in the United Arab Emirates that aims to bypass the Strait of...

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