Wednesday 15 July 2020

Schneider Electric wins $278m Egypt power project deal

Schneider Electric, a leader in energy management and automation, said it has secured a €254 million ($278 million) contract from Egyptian Electricity Holding Company to help convert electric distribution network into a future-ready smart grid.   As per the


TGT launches industry first in well integrity diagnostics

TGT has launched Pulse1, the industry’s first slimhole tube integrity technology that delivers actual wall thickness measurements in eight sectors with ‘all around’ sensing of tube wall condition.   The advanced diagnostic capability underpins


Global leaders say natural gas at a turning point

Increased cooperation between producers and buyers, digitalisation across the value-chain, investment in infrastructure and research and development in innovative technologies will play a pivotal role in positioning natural gas as a fuel of choice for the 21st century global economy.


SDX sells 50pc stake in non-core Egypt asset

UK-based SDX Energy, the Mena-focused oil and gas company, has disposed of its 50% working interest in the North West Gemsa licence, situated in the Eastern Desert of Egypt to Gulf Energy, a private Egyptian oil and gas company. Gulf Energy has paid $3 million in consideration fo


Adnoc Distribution launches lubricants for hybrid engines

Adnoc Distribution, the UAE’s largest fuel and convenience store retailer, has launched a new range of lubricants that offer greater fuel efficiency for hybrid vehicles. The new range of Adnoc Voyager vehicle engine oils is the UAE’s first to meet the needs of the lat


Energy, infrastructure key growth drivers, says UAE minister

Energy and infrastructure are the major factors spearheading UAE's economic growth and hence it is necessary to rally efforts and ensure the best utilisation of resources in post-Covid-19 era and protect the gains made by the country over the past years, said a senior minister.


Barakah Nuclear Energy Plant: Unit 2 completed

The Emirates Nuclear Energy Corporation (Enec) has completed the construction of Unit 2 of the Barakah Nuclear Energy Plant, the Arab world’s first nuclear energy plant located in the Al Dhafra region of Abu Dhabi, UAE.  The unit has now been officially handed to Nawah


Kuwait scraps $1.4bn solar project over Covid-19 crisis

Kuwait has cancelled plans to construct the Al Dabdaba solar plant, which would have provided 15 per cent of the oil sector’s needs from renewable sources, due to the Covid-19 pandemic, reported Reuters.   The decision was taken following a cabine


Paradigm shift 'needed in managing risk, safety'

The world needs a paradigm shift in the way that we manage risk and safety as Covid has showed that the traditional way of looking at all the ways damage could occur are failing us, say experts.   "Black Swans happen that we haven't planned for and we n


BluEnergy launched to help firms create low carbon energy streams

Leading oil and gas professionals Hamish Wilson, Bill Senior, Tony Smith, Martin Dru and Sarah Milne have launched BluEnergy, a company committed to enabling oil and gas companies to leverage their existing asset base to create low carbon energy streams, generating value whilst reducing carbo

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