Friday 20 January 2017

Acwa Power agrees new Jordan PV deal at record-low rate

Acwa Power has agreed with the Government of Jordan to develop, finance, construct, own and operate a new 61.3 MWp photovoltaic project in Risha, a province in Eastern Jordan. Acwa Power submitted a record-low tariff of 42 Jordanian fils per kWh, the lowest tariff for solar energ


Oman Shipping signs 3-year deal with Shell

Oman Shipping Company (OSC) today announced that its subsidiary, Oman Charter Company (OCC), has entered into a contract of affreightment (COA) agreement with Shell International Eastern Trading Company (Shell) for three years.  The contract grants Shell access to the Very L


3M appoints Karim Sarahni as MD in Saudi Arabia

3M, a global science-based company, has appointed Karim Sarahni as managing director for its operations in Saudi Arabia. In an effort to realise the Saudi Vision 2030, Sarahni will lead 3M’s strategic plans to invest in the country following the foreign-owned trading licens


Dubai Investments targets Mideast solar energy market

Dubai Investments (DIC), a leading, diversified investment company listed on the Dubai Financial Market, is targeting a strong growth in the booming solar energy market through its subsidiary Emirates Insolaire. Emirates Insolaire, DIC’s joint venture with SwissINSO Holding


Shell chosen exclusive supplier of Rolls-Royce engine oil

Shell today announced that it has been chosen by Rolls-Royce Motor Cars as the exclusive manufacturer and supplier of Rolls-Royce Motor Cars Genuine Engine Oil. From October 2016, this oil has started to become available to Rolls-Royce Motor Cars dealers around the world.


France launches clean energy hub for Mideast

France will launch today (January 16) a “French Efficiency – Clean Energy” regional Club for the Middle East on the occasion of the ongoing Abu Dhabi Sustainability Week and the World Future Energy Summit in Abu Dhabi, UAE. Recognizing the importance of the new


Petromin to build logistics service centre in KAEC

Petromin, the Saudi lubricants giant and the official Nissan Motors dealer in the kingdom, will build a major logistics service centre for Nissan vehicles in King Abdullah Economic City (KAEC),  just north of Jeddah. According to the deal signed by the two sides just before


Iran to increase oil, gas tender approvals

National Iranian Oil Company (NIOC) will announce a second list of international companies approved to bid in the country's oil and gas tenders, a report said. The first list issued earlier this month recorded 29 oil and gas companies, including Russia's Lukoil and Gazpro


Emerson Network Power rebrands as Vertiv

The business formerly known as Emerson Network Power has announced the appointment of Rob Johnson as CEO and officially commenced a campaign to rebrand the standalone company as Vertiv. Vertiv is a global provider of mission-critical infrastructure technologies for vital applicat


Global leaders attend Abu Dhabi Sustainability Week

Global leaders in government and business are gathering for the official opening of Abu Dhabi Sustainability Week (ADSW)  in the UAE capital today (January 16). Taking place on the theme “Practical steps towards a sustainable future”, this year’s ADSW is ex

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