Thursday 17 January 2019

ADPC, Mubadala and Masdar ink strategic partnership

Abu Dhabi Power Corporation (ADPC) has entered into a strategic partnership with Mubadala Investment Company and Abu Dhabi Future Energy Company, Masdar, during a signing ceremony held at Abu Dhabi Sustainability Week 2019. The strategic partnership supports the UAE’s effor


Haya Water sewage treatment plant set for Q3 operations

Work is progressing at a steady pace on the sewage water treatment project being developed by Oman Wastewater Services Company (Haya Water) in Darsait area of the sultanate with the operation phase likely to begin in the third quarter, reported Oman News Agency, citing its top official


Masdar to acquire stake in two US wind farms

The Abu Dhabi Future Energy Company (Masdar) has announced the execution of a share purchase agreement (SPA) to acquire John Laing Group plc’s interest in two wind farms in the US, a media report said. This marks the first time the Abu Dhabi-based company has invested in re


BP, Eni to pursue major new exploration opportunity

British Petroleum (BP) and Italy's Eni have signed a heads of agreement (HoA) with Oman's Ministry of Oil and Gas to work jointly towards a significant new exploration opportunity in the sultanate.       Under the HoA, the two companies wi


Oman firm, Eni sign deal for oil block

Oman Oil Company Explorations and Production (OOCEP) and Eni Oman have entered into an exploration and production sharing agreement (EPSA) for Block 47 with the Sultanate's Government, represented by the Ministry of Oil and Gas.    Block 47 covers an ap


Al Masaood displays Quester UD truck at WFES Eco-Waste

Al Masaood Commercial Vehicles & Equipment (CV&E) Division, part of Al Masaood, is participating for the first time in the World Future Energy Summit (WFES) – Eco-Waste Exhibition in Abu Dhabi.   The WFES Eco-Waste, being held from January 14 to 17


ProSep names new regional sales, services manager

ProSep, an industry-leading, technology and service provider for integrated process solutions to the global energy industry, has announced Raul Gonzalo as its new regional sales and service manager in the Middle East.    With a degree in mechanical engineer


Bahrain signs new oil exploration deal with Eni

Bahrain's National Oil and Gas Authority (Noga) and Italy's Eni have signed a memorandum of understanding (MoU) on pursuing petroleum exploration of Block 1 in the northern territorial water of Bahrain with a depth ranging from 10 m up to 70 m.   Block 1


Sharjah awards Eni three long-term concessions

Sharjah's Ruler HH Sheikh Dr Sultan bin Mohamed Al Qasimi has signed a long-term agreement awarding Eni three long-term concessions to explore and develop onshore oil and gas fields in a 30-year partnership with Sharjah National Oil Corporation (SNOC).   Ear


Oil market will soon return to balance: Al-Falih

The oil market is on the right track and the market will quickly return to balance, said Saudi Minister of Energy, Industry, and Petroleum Resources Khalid Al-Falih.   In his remarks during the Atlantic Council Global Energy Forum as part of Abu Dhabi Sustainabi

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