Friday 20 September 2019

Siemens, Orascom win deal to rebuild 1.6GW Iraq power plants

Global technology giant Siemens and Orascom Construction have been signed up by Iraq’s Ministry of Electricity to rebuild Baiji 1 and Baiji 2 power plants in northern part of the country.    The plants will have a combined generation capacity of 1.6 g


Saudi Aramco facilities hit by drone attack, causes fire

Drone attacks caused fires in two major Saudi Aramco facilities in the kingdom, reported Arab News, citing the Saudi interior ministry on Saturday.   One strike hit the oil company’s Abqaiq facility, which is near Dammam in Saudi Arabia’s


Dewa unveils new smart grids development strategy

Dubai Electricity and Water Authority (Dewa) outlined its new strategy in developing smart grids and connecting solar systems in buildings to the power grid during a key workshop at the 24th World Energy Congress (WEC), in Abu Dhabi.   The workshop was organised


Masdar ties up with Swedish firm for clean-tech project

Swedish solar energy company Azelio has partnered with Abu Dhabi Future Energy Company, Masdar, and Khalifa University of Science and Technology to run a pilot project evaluating new technology in power storage. An agreement to formalise the partnership was signed by Jonas Eklind


World has to decarbonise, gas biggest challenge, says Engie

Energy providers need to adapt to a new decarbonised and digital world to successfully meet the requirements of the Fourth Industrial Revolution, said Dr Michael Webber, Chief Science and Technology Officer of French energy group Engie. "Engie operates in almost 70 countries


Upstream oil and gas M&A volume hits $130.5bn in Q2

The global mergers & acquisitions (M&A) and raising activity in the upstream oil and gas sector has surged to $130.5 billion in the second quarter, a four-fold increase from the $27.8 billion in the previous quarter, according to GlobalData, a leading data and analytics company.


World Energy Congress ends on a successful note

The 24th World Energy Congress (WEC) concluded today (September 12) with a call from the leading energy experts on the need for courageous entrepreneurship to tackle tomorrow’s key energy issues, using 5G to stimulate a drive towards sustainability and discussing ways that can lead to fas


Yokogawa acquires British plant maintenance group

Yokogawa Electric Corporation, a major provider of industrial automation solutions, has announced that it has acquired the entire stake in UK-based RAP International as part of its expansion strategy. RAP is a key specialist in providing digitised solutions that support risk asse


Acwa Power 'key player in sustainable development of utilities'

Acwa Power, a global leader in water desalination and power generation, joined over 15,000 attendees and 66 ministers at this year’s World Energy Congress (WEC) in Abu Dhabi to highlight its position as a global total solution provider across the power and water sectors. To


UAE 'can play key role in India's shift to gas-based economy'

The UAE can play a major role in India’s ambitious transition from hydrocarbon economy to a gas-based economy as the two countries are "enjoying an excellent relationship," said the country's energy minister. "Although the UAE is not a primary supplier of

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