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ABB sees 7pc orders growth from AMEA in Q2ABB, a Swedish-Swiss industrial corporation, said that its orders in Asia, Middle East and Africa (AMEA) grew 7 per cent (11 per cent in US dollars) with good order demand from China, India and the UAE during the second quarter of 2018. Net income was $681 million, up 30 per cent More… |
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Aramco in talks to buy stake in SabicSaudi Aramco, the state oil giant, has confirmed that it is engaged in discussions with the Saudi Public Investment Fund (PIF) to acquire a strategic interest in the Saudi Basic Industries Corporation (Sabic), a petrochemicals major. In a statement, Saudi Aram More… |
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Aramco, Korea partner on trade, human resourcesSaudi Aramco recently signed an agreement with the Korea Trade-Investment Promotion Agency (Kotra) to collaborate in areas of trade, investment, and human resources (HR). The memorandum of understanding (MoU) was signed by Ahmad A. Al Sa’adi, Saudi Aramco senior vice presid More… |
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Rosatom shortlisted for Saudi nuclear project biddingThe Russian State Atomic Energy Corporation (Rosatom) has been shortlisted for the next stage of the bidding (competitive dialogue) process for Saudi Arabia’s first peaceful nuclear power project, said a report, citing the kingdom's nuclear authority, the King Abdullah City for Atomic More… |
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GE, Microsoft partner in major IoT initiativeGE and Microsoft Corp have announced an expanded partnership, bringing together operational technology and IT to eliminate hurdles industrial companies face in advancing digital transformation projects. As part of the union, GE Digital plans to standardize its Predix solutions on More… |
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Acciona wins $234m contract to build Saudi desal plantAcciona Agua, a leader in providing sustainable solutions for infrastructure and renewable energy projects, said it has been awarded a €200 million ($234 million) contract by Saline Water Conversion Corporation (SWCC), a Saudi government corporation, to build a desalination plant in the Al More… |
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Honeywell launches new gas metering solutionHoneywell, a Fortune 100 software-industrial company, has launched a new gas metering solution that provides easy-to-use health monitoring of midstream metering systems for operations, maintenance and leadership teams. Honeywell Connected Plant Measurement IQ for Gas enhances the More… |
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Dewa launches sign language diploma course for employeesDubai Electricity and Water Authority (Dewa), has launched a new "Sign Language" diploma course for its employees, as part of its efforts, as a socially responsible and people of determination-friendly government organisation, to integrate and empower these people, while providing int More… |
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Dubai begins testing turbines at 700MW M-StationDubai Electricity and Water Authority (Dewa) said it has started testing the turbines at the M-Station expansion project in Jebel Ali, which is the newest and largest electricity generation and water desalination plant in the UAE. Testing includes an initial operation of turbines More… |
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TechnipFMC awarded services deal by PetrobrasTechnipFMC has been awarded by Petróleo Brasileiro (Petrobras) a three-year master services agreement in Brazil, with a two-year renewal option. This contract for subsea services covers components for both the subsea equipment and flexible pipelin More… |
