Thursday 10 July 2014

Kuwait refinery shut after power cut

One of Kuwait's three oil refineries was still offline on Thursday after a power cut shut all of them down on Wednesday, a spokesman for Kuwait National Petroleum Company (KNPC) said. The 200,000 barrel per day (bpd) Shuaiba r


Saudi Electricity signs $989m loan

Saudi Electricity Company (SEC) signed on Wednesday a 12-year loan for $989.1 million with a group of international banks to finance an expansion in one of its projects, the firm said. The banks include HSBC, Bank of Tokyo-Mitsubishi, City


Saudi IWPP attains full production

Saudi Arabia’s first independent water and power project (IWPP), developed by the Shuaiba Water & Electricity Company (SWEC), is now in full production. The project, located 90 km south of Jeddah, provides 880,000 cu m of desalinated w


Saudi Shuaiba power plant starts op

Saudi Arabia's private owned Shuaiba Water and Electricity Company (SWEC) has started operating its Shuaiba-3 plant at full capacity, a report said. The plant has capacity to generate 900 megawatts of electricity, and 800,000 cubic meters


Shuaiba refinery reopens after outage

Kuwait’s 200,000 barrels per day Shuabai oil refinery resumed operations after a power outage on Tuesday, but will need at least 48 hours to return to full capacity, oil officials said.  ’There was a limited internal defec

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