Wednesday 26 October 2016

India to showcase solar opportunities at WFES

India’s solar power industry will showcase an unprecedented range of investment opportunities at the World Future Energy Summit (WFES) 2017 in Abu Dhabi. This follows the Indian government’s plans to add an additional 175 GW of renewable energy to the nation’s e


Apex International Energy opens Cairo office

Apex International Energy (Apex), a new independent oil and gas exploration and production company focused on Egypt has opened offices in Cairo, Egypt and Houston, Texas. Apex plans to build an exploration and production business of scale through asset acquisitions and capital in


GLX digital platform to transform LNG sales

A new online trading platform for the global liquefied natural gas industry is expected to commence operation early next year,  facilitating auctions of LNG cargoes on behalf of buyers and sellers anywhere in the world.   The GLX global LNG exchange will also support th


Siemens installs new drive system at Qatar Steel

Siemens has installed its new Integrated Drive System (IDS) at Qatar Steel’s Rolling Mill #1, which is expected to raise annual output by up to 3.7 per cent and reduce troubleshooting time by up to 20 per cent. The IDS, installed for the first time in the Middle East, is a


BP’s Khazzan gas project 80pc complete

BP Oman has announced that phase one of its Khazzan natural gas project is 80 per cent complete and on track to deliver first gas towards the end of 2017, reported the Times of Oman. The Khazzan drilling programme is also on schedule with 38 of the 50 wells needed by fir


Emerson opens expanded facility in Iraq

Emerson, a global leader in technology and engineering, has officially opened its expanded facility in Al Majal Business Park in North Rumaila, Iraq. The company moved from its existing facility in Albradheya, Basrah, to the new facility to increase its capabilities and address t


Simmons & Simmons wins award for Qatar project

Simmons & Simmons, a leading international law firm with offices across Europe, the Middle East and Asia, has won the Project Finance Deal of the Year at the IFLR Middle East Awards 2016 held in Burj Al Arab, Dubai. The firm was recognised for its work in advising Mitsubishi


Iraq calls proposals to develop small oil fields

Iraq has requested proposals from international oil companies interested in developing a number of small- and medium-sized oil fields, Iraq Business News reported. The fields include Sindebad, Umm Qasr, Rachi, Abu Khema  in the Basra governorate and Kumait  Noo


Dubai Carbon in key energy efficiency milestone

Dubai Carbon Centre of Excellence (DCCE), a first-of-its-kind centre in the region, said it has reached a major milestone to incentivise retrofit markets in the entire UAE along with the Dubai Supreme Council of Energy (DSCE). The UN-backed Programme of Activities (PoA) framework


Saudi King, Venezuela president discuss oil market issues

Saudi Arabia's King Salman bin Abdulaziz Al Saud yesterday met at his palace in Riyadh Venezuelan President Nicolas Maduro and discussed ways to stabilise the world oil markets, the official news agency SPA said. Maduro is currently on an official visit to the kingdom.

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