Tuesday 7 April 2020

Egypt-Saudi power line project bidding put off over Covid-19

The Egyptian Electricity Transmission Company (EETC) is set to further delay receiving offers on a tender that will see construction of an electricity interconnection line with Saudi Arabia.   This is the third postponement so far, as the offers had been receive


New Celeros aims to alter flow technology sector

Celeros Flow Technology has been launched as a standalone company following the divestiture by SPX FLOW of its Power & Energy division to an affiliate of funds managed by private equity company Apollo Global Management.    Commenting on the launch of th


Tethys to cut spending in 2020 as oil prices slump

Sweden-based Tethys Oil, which as a focus on onshore areas, has announced plans to reduce expenditure in 2020 in response to the sharp drop in oil prices and increased uncertainty resulting from the novel coronavirus (Covid-19) pandemic. While maintaining an unchanged production


Ecolog, Dutch group in deal for game-changing solution

Ecolog International has signed an agreement with Desolenator BV, a Netherlands-based solar desalination technology company, to scale and deliver a game-changing solution that harnesses the world's two most abundant resources - sunshine and sea water - and purify even the toughest water t


Oman LNG firms provide $15m to fight Covid-19

Oman’s LNG sector, represented by Oman LNG and Qalhat LNG, has pledged RO6 million ($15.6 million) to support the national efforts to combat the Covid-19 pandemic and its impact.   RO2 million of this will be contributed to the fund set up by the Supreme C


UAE backs Saudi call for meeting of Opec+, others

The UAE has supported Saudi Arabia's proposal to call for an emergency meeting of the Opec+ and a group of other countries to ensure the balance and stability of the global oil market.   ''A joint and combined effort by all oil producing countries is


Dewa urges customers to access services online

Dubai Electricity and Water Authority (Dewa) has urged its customers to use digital channels to complete their transactions easily anytime, anywhere. All Dewa’s services are available on various digital channels, including its smart app and website. Saeed Moh


Dewa commissions 8 new substations worth $231m

Dubai Electricity and Water Authority (Dewa) is continuing with its development projects, having commissioned eight new 132/11 kilovolt (kV) substations with a total cost of Dh850 million ($231 million) since the start of the year. These have a conversion capacity of 150 megavolt


Enoc Link supports nation-wide Covid-19 disinfection drive

Enoc Link, the group’s fuel delivery digital venture, extended its support to Dubai Municipality’s national disinfection drive to curb the Covid-19 outbreak by dedicating mobile fueling trucks to provide free petrol and diesel fuel to all the vehicles and equipment used in the cam


Indian firm to set up packaging materials unit in Kizad

Shrinath Flexipack Pvt Ltd, India’s leading manufacturer of plastic packaging materials has finalised an agreement to build its first factory in the Middle East at Kizad, Abu Dhabi.   The investment of Dh55 million ($15 million) will allow the Hyderabad-ba

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