Thursday 15 November 2018

Acwa, AlGihaz reach financial close for Sakaka PV IPP

Acwa Power, a leader in power generation and water desalination plants, and AlGihaz Holding Company, a major Saudi contractor and investor, have announced the financial closure of the SR1.2 billion ($320 million) Sakaka PV IPP. The Sakaka PV IPP is the first ever utility scale re


Adnoc, King Fahd University sign R&D partnership

The Abu Dhabi National Oil Company (Adnoc) and King Fahd University of Petroleum and Minerals (KFUPM) have signed an agreement to explore collaboration in research and development and a student-Adnoc graduates exchange programme. The agreement was signed by Dr Sultan Al Jaber, UA


Aramco hosts board members of US oil services firm

Saudi Aramco yesterday (November 14) hosted a visit by the Board of Directors of US-based National Oilwell Varco (NOV), a leading provider of technology, equipment, and services to the global oil and gas industry. The NOV delegation was led by its chairman and CEO, Clay Williams


Saudi Arabia plans $400bn spend on IKTVA programme

Saudi Arabia plans to spend more than SR1.5 trillion ($400 billion) on its In Kingdom Total Value Add (IKTVA) programme in the next 10 years with plans to prepare 360,000 trainees for the labour market by 2030. IKTVA was designed and launched in December 2015 with the aim of leve


Adnoc outlines new integrated gas strategy

Abu Dhabi National Oil Company (Adnoc) outlined its new integrated gas strategy and downstream growth plans at a key forum held on the sidelines of Abu Dhabi International Petroleum Exhibition and Conference (Adipec) which was attended by more than 800 global oil and gas executives.


Honeywell extends range of screwless wiring devices

Honeywell, a leading global technology company, recently announced the extension of its decorative range, MK Dimensions, screwless wiring devices featuring a new Matte Black finish. Designed to accompany the range’s black functional module, this new addition in switches com


TWMA strengthens Mideast presence with key appointment

TWMA, a provider of specialised drilling waste management services, has strengthened its senior management team with the appointment of Mohamed Galal as regional director for Mena.   Galal brings more than 20 years of oil and gas experience to the business havin


Unique Group ties up with Deepwater to offer corrosion solutions

Unique Group has signed a partnership agreement with Deepwater Corrosion Services to offer technologically advanced corrosion control solutions in the Middle East.   Unique Group is one of the world’s most prominent integrated subsea and offshore solution


Siemens equipment selected for Adnoc crude flexibility project

Samsung Engineering and the Chicago Bridge & Iron Company (CB&I), a McDermott International company, recently selected Siemens to provide 19 process reciprocating compressors for Adnoc Refining’s crude flexibility project at Ruwais Refinery-West.   


Adnoc to extend gas supply deal for LNG

The Abu Dhabi National Oil Company (Adnoc) will extend to 2040 its gas supply agreement with Adnoc LNG, in coordination with Adnoc LNG’s joint venture partners, Mitsui, BP and Total. The new gas supply agreement is scheduled to take effect from April 1, 2019, replacing an e

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