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Siemens Appoints Arja Talakar as CEO for its O&G Unit

Date : Apr 18, 2019

Global technology major Siemens has appointed Arja Talakar as the new chief executive officer for its oil and gas unit. He will be based in Houston, US, the global headquarters for its parent operating company, Siemens Gas and Power.

 

Talakar brings to this position extensive leadership experience. Prior to this, he was responsible for Siemens Saudi Arabia, a market and area of the world very important to the oil and gas and power businesses.

 

Together with his team, Talakar has developed close ties and strategic partnerships with leading global oil and gas, energy and petro...

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Aramco Signs Deal for European Crude Oil Supply

Date : Apr 18, 2019

State oil giant Saudi Aramco said its trading subsidiary, Aramco Trading, has signed an agreement with Poland’s leading refiner, PKN Orlen for the supply of Arabian Crude Oil in exchange for a similar volume of high sulphur fuel oil from...

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Telangana to Add 1,000 MW Solar Power Capacity in 6-8 Months

Date : Apr 18, 2019

Telangana will add another 1,000 MW of solar energy capacity in next six to eight months taking the total installed capacity to over 4,500 MW in solar power segment, a senior official said Wednesday....

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BPCL to Build 3m Tonne/Yr PRFCC at Mumbai Complex

Date : Apr 16, 2019

India’s Bharat Petroleum Corp Ltd (BPCL) plans to build a 3m tonne/year petrochemical residual fluidized catalytic cracking plant (PRFCC) at its Mumbai complex in western Maharashtra state by 2022, a company source said on Monday....

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India and Denmark to Work Together in the Offshore Wind Sector

Date : Apr 16, 2019

The Union Cabinet has approved a cooperation agreement between the Ministry of New and Renewable Energy of India (MNRE) and Denmark’s Ministry for Energy, Utilities, and Climate in offshore wind...

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Ensco-Rowan Merger Gets Approval from Saudi Regulator

Date : Apr 16, 2019

UK-based Ensco, a global provider of offshore drilling services to the petroleum industry, said that it has received clearance from the General Authority for Competition in Saudi Arabia for its pending combination with Rowan...

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McDermott Signs JV Agreement with Zamil Offshore to Target MMO Market in Saudi

Date : Apr 16, 2019

McDermott International, Inc. has signed a Joint Venture Agreement with Zamil Offshore to target the Maintenance, Modifications and Operations (MMO) market in Saudi Arabia.

 

McDermott and Zamil will work...

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Global Energy Demand Hits Fastest Pace in this Decade – IEA

Date : Apr 15, 2019

Energy demand worldwide grew by 2.3 per cent last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions, according to International...

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Top Trends in Global Oil and Gas Scenario for 2019

Date : Apr 15, 2019

Oil and gas companies worldwide are facing widespread change. One aspect is significant price volatility, as shifting geopolitical dynamics see the supply-and-demand equations diverge in various geographies with, for example, US...

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Global Wind Power Capacity to Grow 50% in Next 5 Years

Date : Apr 15, 2019

Global wind power capacity is expected to increase by 50 percent in the next five years as technology costs fall further and emerging markets drive growth, according to an industry report.

 

Last year, 51.3...

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EGA Starts Production at $3.3bn Al Taweelah Alumina Refinery

Date : Apr 18, 2019

Emirates Global Aluminium (EGA) has announced the start-up of its $3.3-billion Al Taweelah alumina refinery, a strategic growth project that expands the industrial giant’s business upstream in the aluminium value chain.   The facility, located in Khalifa Industrial Zone Abu Dhabi, is the first alumina refinery in the UAE and its start-up marks the beginning of alumina refining as a new industrial activity in the country, said a statement from EGA.   Alumina is the feedstock for aluminium smelters and is refined from bauxite ore. But currently the UAE imports all the alumina it needs for the country.   Once full ramp-up is a...

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ABB Bags $125m Order for Wind Farm

Date : Not Given

ABB has received an order worth $125m from the Belgian company C-Power NV to link a wind farm, 30km off the coast of Belgium to the mainland grid, as a part of an expansion of the Thornton Bank wind farm. In the first phase six turbines with 30MW...

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ABB awarded Saudi Arabia s Power Competency Project?

Date : Not Given

The Saudi Electricity Company awarded an order worth $38 million to ABB. The Project focuses to improve the efficiency of 22 power distribution substations serving the Makkah, Medina, Jeddah and Ta'if areas. It is expected to be completed by 2011. ABB, a...

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KJO Extends Bids Deadline for NGL Facilities

Date : Not Given

A Saudi-Kuwaiti oil joint venture said it has extended bidding for the construction of gas and natural gas liquids .NGL. distribution facilities at the Khafji oilfield from October 11 to November 1. The closing date had already been extended from an...

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KOC, HEISCO Sign $16 mn Deal

Date : Not Given

Kuwait Oil Company .KOC. and the Heavy Engineering Industries and Ship Building Company .HEISCO. signed a contracting deal worth 16 million US dollars. HEISCO said that the contract was signed to build a pumping station as well as gas and oil pipelines...

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Qatofin inaugurates $1.2b Polyethylene Plant

Date : Not Given

Qatofin, inaugurated a 1.2-billion-dollar Polyethylene Plant at Messayid, south of the Qatari capital, on Nov 24th. Qatofin, shaped in 2002, is a joint enterprise between Qatar and French petroleum group Total. In this joint venture Qapco .Qatar...

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CPT to Invite Bids for Diamond Harbour Terminal Facility

Date : Not Given

The Calcutta Port Trust .CPT. will invite bids for the container terminal facility at Diamond Harbour on Friday. The development follows the recent settlement of land issues between the Centre and the port authorities. CPT chairman Mr. M.L. Meena 'We are...

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Indo-Nepal Pipeline to Cost Rs.200 crore

Date : Not Given

19 Mar 2015: The Minister of State .1/c. for petroleum and Natural Gas Shri Dharmendra Pradhan informed the Rajya Sabha in a written reply today that talks on between Indian Oil Corporation and Nepal Oil Corporation for setting up a Petroleum product...

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JSW Energy Delays Ratnagiri Power Plant Expansion

Date : Not Given

JSW Energy announced that the plan to expand its Ratnagiri power plant by 3,200 MW would be postponed till issues regarding imported coal were sorted. However, the plan for 1,200 MW of capacity would be commissioned on schedule. Two units of this project...

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Iran Starts Testing Gas Pipeline to Iraq

Date : Not Given

21 Apr 2015: Preliminary tests have started on 50 kilometers of the Iranian section of a pipeline which has been built to carry...

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Gail Places Rs 6.77B Pipeline Order for Dabhol-Bangalore Project

Date : Not Given

Gail .India. Ltd announced that the company has placed orders worth Rs 6.77 billion for laying pipelines for the Dabhol-Bangalore project. Work on the Dabhol-Bangalore pipeline will start by November and will be completed by Mar 2012. Gas supplies in the...

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