Thursday 24 August 2017

Dewa installs PV solar panels in Hatta centre

Etihad Energy Services Company (Etihad Esco), a company owned by Dubai Electricity and Water Authority (Dewa), has installed 144 photovoltaic (PV) solar panels over the roof of Dewa’s Customer Happiness Centre in Hatta. The move, which comes as part of the Shams Dubai initi


Major Saudi-China investment forum set in Jeddah

Saudi Arabia's Ministry of Energy, Industry and Mineral Resources will hold a Saudi-Chinese investment forum titled "Belt and Road Initiative and Vision 2030, a Joint Vision for Cooperation and Prosperity" in Jeddah on Thursday. The forum, which coincides with the m


Oil revenues drive Saudi fiscal improvements

Tight spending and oil revenues drove Saudi Arabia’s fiscal improvement in the first half of the year, said a report published by Bank of America Merrill Lynch (BofAML). The fiscal deficit in the second quarter of 2017 (2Q17) stood at SR46.5 billion ($12.5 billion), with 1H


Saudi Arabia plans new solar rules from July next

New rules covering the operation of small-scale solar power generating systems by electricity consumers in Saudi Arabia will come into force from next July, a Reuters report said. A regulatory framework for electricity consumers to operate their own, small-scale solar power gener


Dewa in bill payment deal with Mashreq Bank

Dubai Electricity and Water Authority (Dewa) has signed a partnership agreement with Mashreq Bank that allows its customers to pay their Dewa bills in instalments of three or six months, with no interest or extra charges, when using Mashreq Bank credit cards. “The partnersh


Total acquires Maersk’s oil and gas unit for $7.45bn

French oil major Total has announced plans to buy the oil and gas business of A P Møller – Mærsk in a $7.45 billion deal saying the move will strengthen its operations in the North Sea.   Total said in a statement that the boards of Total and


KBR wins new PMC deal for Abu Dhabi sour gas project

KBR has been awarded a project management consultancy (PMC) services contract by OMV Offshore Abu Dhabi on behalf of Abu Dhabi National Oil Company (Adnoc) for the management of the front-end engineering design (Feed) phase of the Hail and Ghasha Development project in Abu Dhabi, UAE.


Yellow Door Energy to install solar plant for Elcome

Yellow Door Energy (YDE), a Dubai-based firm that invests in and operates distributed solar and energy efficiency assets, will install a 311 kWp solar photovoltaic (PV) plant at Elcome's headquarters in Dubai Investments Park, Dubai, UAE. Elcome is one of the world's lead


Siemens to operate new units at Khormala plant in Iraq

Siemens has expanded the company’s existing service agreement with KAR Group in Iraq to provide comprehensive operations and maintenance (O&M) for two newly added units at the Khormala power plant in Kurdistan region. The approximately 930-MW natural gas-fired power pla


Oman Oil JV completes power plant in South Korea

GS EPS Company, a joint independent power producing associate of Oman Oil Company and GS Holdings, has completed the construction of the ‘environment-friendly’ Phase Four 900-MW combined cycle power plant powered by directly imported LNG in Dangjin, Chungnam Province, South Korea.

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