Monday 18 December 2017

Dewa wins global patent for one-way data system

Dubai Electricity and Water Authority (Dewa) has received an international patent for its One-Way Data System, which was designed and implemented internally to ensure the security of data transmission from power and desalination stations to a shared platform.  This builds a


Iraq and Iran sign Kirkuk oil export contract

Iraq and Iran have signed an agreement to export up to 60,000 barrels of oil per day from the fields of Kirkuk to Iran. The rate of exports can be increased through the basin until the completion of the extension of an oil pipeline for this purpose, said Iraqi Oil Minister Jabbar


Schneider Electric inks key SEC supply deal

Schneider Electric, a global player in the energy management and automation sector, said it has signed a memorandum of understanding (MoU) with Saudi Electricity Company (SEC) to provide a wide range of products and solutions especially designed for the utility market.  


Adnoc to raise $843m from fuel distribution unit IPO

Abu Dhabi National Oil Company's (Adnoc) is set to raise over Dh3.1 billion ($843 million) from the its initial public offering (IPO) of its fuel distribution unit after lowering the top end of the offer price and deciding to only sell a 10 per cent stake.  


Aramco Trading opens office in Singapore

Aramco Trading, a unit of Saudi Aramco, has opened its first international office in Singapore as part of Aramco’s strategy to optimize value across the whole oil and products chain and service its our markets and customers. Oil product demand in Asia Pacific has grown over


Saudi Aramco to host supply chain forum

Saudi Aramco has announced that it will host an invitation-only forum for key suppliers on December 12-13, in Dammam, Saudi Arabia. The 2017 iktva SME Forum & Exhibition is Saudi Aramco’s principal engagement event with valued suppliers who form our energy sector ecosys


GUtech set to take part in Shell Eco-marathon

Shell Oman and the German University of Technology in Oman (GUtech) inked an agreement that will allow a student team from GUtech to participate in the eighth round of Shell Eco-marathon Asia taking place in early 2018. This will be the fourth time for Team Megalodon from GUtech


ABB unveils world’s most powerful HVDC transformer

ABB, a pioneering technology leader, has set another pioneering innovation record with the successful testing of the low and high voltage units of the world’s most powerful ultrahigh-voltage direct current (UHVDC) transformer. The +/-1,100 kV (1.1 million volts) UHVDC trans

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