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Emirates Nuclear Energy Unit 1 ready for start-upEmirates Nuclear Energy Corporation (Enec) and its subsidiary Nawah Energy Company announced today (January 28) that an extensive operational readiness assessment performed by an international team of nuclear industry experts from the Atlanta Centre of the World Association of Nuclear Operators More… |
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Bahrain to open first 'solar' coastline next monthThe first public coastline in Bahrain to be completely powered by solar energy is set to open next month, according to a report. Covering an area of 43,000 sq m, it features a walkway, an open square, green areas, family resting spaces, restaurants and other public utilities, rep More… |
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Empower registers 8.3pc jump in 2019 net profitEmirates Central Cooling Systems Corporation (Empower) has reported a 8.3 per cent jump in its net profit for 2019 which surged to Dh871 million ($237 million) from the previous year's figure of Dh804 million (218 million). Announcing the results for the FY 2019, Empower said More… |
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Coronavirus: psychological factors impacting market says UAEThe impact on global markets, including the oil market, from the spread of Coronavirus is driven by psychological factors affecting certain traders in the market, said Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Minister of Energy and Industry. In a state More… |
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Oil markets ‘hit with coronavirus concerns’Global oil markets have been infected with concerns of demand erosion due to the coronavirus contagion, said Barclays, a British multinational investment bank and financial services company, in a new report. “While it remains to be seen how quickly the spread of the virus i More… |
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Samsung Engineering wins $1.85bn Aramco dealSamsung Engineering, one of the world’s leading engineering, procurement, construction and project management (EPC&PM) companies, has signed a $1.85 billion contract for the Aramco HUGRS (Hawiyah Unayzah Gas Reservoir Storage) project. The cont More… |
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SNOC, Eni announce big gas find in SharjahThe Sharjah National Oil Corporation (SNOC) and its Italian partner ENI have announced new discovery of natural gas and condensate onshore at the Mahani field in the northern emirate of Sharjah. The discovery at Mahani-1 exploration well with flow rates of up to 50 million standa More… |
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Gradiant in MoU with NESR for the Mena regionGradiant Energy Services (GES), a leading service provider for produced and flowback water treatment and recycling solutions, announced that it has entered into a Memorandum of Understanding (MoU) with one of the of the largest oilfield services provider in the Middle East, North Africa (Mena More… |
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Tadweer carries out clean-up drive after stormsAbu Dhabi Waste Management Centre (Tadweer) carried out an integrated plan to tackle the problems resulting from the unprecedented rainfall received by Abu Dhabi Emirate from January 9 to 15, which was caused by a low pressure and led to floods and high water levels in several areas across th More… |
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Sewa provides power connections to over 1,700 projects in 2019The Sharjah Electricity and Water Authority (Sewa) said it has provided power connections to 1,741 new projects during 2019 covering key residential, industrial, commercial, governmental and agricultural categories across the city. This comes as part of t More… |
