Friday 19 April 2019
 
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Interserve-Oman JV wins key Duqm refinery project contracts

Douglas OHI, a joint venture between Interserve, an international support services, construction and equipment services group, and Oman Holdings International Company, has won two new civil work contracts for the new Duqm Oil Refinery project. The £32.2-million ($42.1 milli

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Iraq to set up 150,000 bpd refinery in Kirkuk

Iraq has announced plans to build a new refinery in the Kirkuk region of the country that will boast a capacity of 150,000 barrels per day, reported Reuters. The oil ministry has put the final touches on project as per the latest global standards, stated the report citin

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Mubadala firm picks Pure Storage data solution

Pure Storage, a data solutions leader, said that MDC Business Management Services (MDC BMS), a Mubadala shared services company has picked Pure Storage’s technology to cover production, non-production, disaster recovery and remote-site operations. With Pure Storage serving

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Global chlorine capacity to grow 5pc by 2023

Global chlorine capacity is poised to see growth over the next five years, potentially increasing from 83.03 million tonnes per annum (mtpa) in 2018 to 87.04 mtpa in 2023, registering a total growth of 5 per cent, according to GlobalData, a leading data and analytics company. The

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Oman's mega refinery project work in full swing

Steady progress is being made on the mega refinery project in Duqm region of Oman with nearly 13 per cent of the EPC (engineering, procurement and construction) work already completed. Unveiling the project progress, Duqm Refinery and Petrochemical Industries Company (Du

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SirajPower launches its first solar carport in Dubai

SirajPower, a leading provider of solar roof plants in the UAE, has launched its first solar carport producing green energy and installed at Hepworth facilities located in Dubai Industrial Park (DIP). The carport is up and running and will generate 100 000 kWh green electricity p

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SNC-Lavalin names global resources president

SNC-Lavalin, a global fully integrated professional services and project management company, has appointed Craig Muir as the new president for resources.    As part of the executive committee, Muir is based in the UAE and leads the company’s global Re

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Aramco to acquire stake in Hyundai Oilbank

Saudi Arabian Oil Company (Saudi Aramco) and Hyundai Heavy Industries Holdings today announced that they have reached an agreement for Saudi Aramco’s subsidiary,  Aramco Overseas Company (AOC), to purchase a 17 per cent stake in South Korea's Hyundai Oilbank, a subsidiary of Hy

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Adnoc seals $300m pipeline infrastructure investment deal

Abu Dhabi National Oil Company (Adnoc) said it has entered into a Dh1.1-billion ($300 million) follow-on pipeline infrastructure investment agreement with the Abu Dhabi Retirement Pensions and Benefits Fund (ADRPBF).   As per the deal, ADRPBF will invest Dh1.1 b

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RAK Petroleum announces share buyback offer

RAK Petroleum plc, an Oslo-listed oil and gas investment company, said it plans to repurchase such number of its class A shares with ISIN GB00BRGBL804 at the Repurchase Price up to a maximum aggregate consideration of $15 million. This is in accordance with the authorization prov

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