Tuesday 25 January 2022

AD Ports, Eni to set up marine logistics base in Abu Dhabi

AD Ports Group has signed a new agreement with Eni Abu Dhabi BV, a local unit of the world-renowned Italian integrated energy company, to establish a marine logistics base at Mugharraq Port supporting offshore drilling operations in the heart of Al Dhafra region.  


Yokogawa to launch cloud-enabled version of CI Server

Yokogawa Electric Corporation will release the Collaborative Information Server (CI Server) R1.02 in March 2022.    This new version of CI Server, a product in the OpreX Control and Safety System family, will have the ability to be delivered on Yokogawa Clo


Dubai records 10% energy demand growth in 2021

Energy demand in Dubai increased in 2021 by around 10% compared to 2020, Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), has said.   Demand reached 50,202 gigawatt-hours in 2021 compared to 45,712 gigawatt-hours in 2020, said


Aldar Properties seals clean energy agreement with Ewec

UAE-based Aldar Properties has entered a clean energy agreement with Emirates Water and Electricity Company (Ewec), a leading company in the integrated coordination of planning, purchasing and supply of water and electricity across the UAE.    Through the a


ESG Investors can drive lasting, measurable change

With environmental, social and governance (ESG) investment principles fast becoming the norm for capital market participants, investors now have a historic opportunity to act as direct agents of change in an economy driven by ethically-minded consumers. Moderating at the 2022 Abu


Aramco signs 50 MoUs at iktva forum

Aramco’s supply chain resilience has been further enhanced by the signing of 50 new memoranda of understanding (MoUs) at the In-Kingdom Total Value Add (iktva) Forum and Exhibition under way in Dhahran.   The 6th edition of the event was inaugurated by HRH


GCC Services wins camp contract for major Uganda oil project

GCC Services, a leader in integrated remote site services, has been selected by engineering and construction giant McDermott to provide camp services for the Tilenga Project Upstream Facilities in the Lake Albert Basin of Uganda.   GCC’s work, to take plac


Saudi Electricity Company gets Fitch credit rating upgrade

Saudi Electricity Company (SEC) has announced that it has got a credit rating upgrade from top ratings agency Fitch with a stable outlook.   The upgrade from A- to A matches Saudi Arabia's sovereign credit rating.   The interna


Royal Dutch Shell changes its name to Shell

Shell has confirmed its name has changed from Royal Dutch Shell plc to Shell plc. The company announced the Board’s decision to change its name to Shell plc on December 20, 2021. This change has now taken effect. Euronext Amsterdam, the London Stock Exchange and the New Yor


UAE supports CEM Global Ports Hydrogen Coalition

To accelerate low-carbon hydrogen deployment, the UAE and its leading ports have showcased steadfast support to the Global Ports Hydrogen Coalition, the first global forum that brings representatives from ports with decision-makers.    The UAE, represented

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