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SARCO extends deal to acquire German Saudi Industrial stakeSaudi Arabian Refineries Company (SARCO) said it has extended a non-binding agreement - inked with German Saudi Industrial Company (GSIC) to acquire its entire stake - for an additional three months. GSIC is a JV between Saudi group FTCP and Germany's Desatec. More… |
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Irena launches green hydrogen white paperAn International Renewable Energy Agency (Irena) white paper underscores the critical role of measurement and standards in the successful integration of green hydrogen as a sustainable fuel source. The white paper on green hydrogen has been developed in collab More… |
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Moro Hub presents Green Certificate to DSCEMoro Hub, a subsidiary of Digital DEWA, has awarded the Green Certificate to Dubai Supreme Council of Energy (DSCE) in recognition of its commitment to sustainability by utilising Moro Hub's Green Cloud for its IT workloads. Presented by Marwan Bin H More… |
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QatarEnergy introduces enhanced ICV programQatarEnergy has announced the launch of Tawteen initiative’s enhanced In-Country Value (ICV) program, a move that will further align it with the objectives of the State of Qatar to enhance the sustainable development of the local economy. The enhanced IC More… |
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Global gas demand to rise by over 2.5% in 2025, says IEAGlobal demand for natural gas is increasing at a stronger rate in 2024 than in the previous two years, which were heavily affected by the turmoil of the global energy crisis, according to International Energy Agency (IEA). At the same time, new gas suppl More… |
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UAE, Saudi Arabia lead Arab investments in green hydrogenRegional heavyweights UAE and Saudi Arabia are working to build a strong base for producing and exporting green hydrogen as a clean energy source, thus enhancing their position as leaders in this sector regionally and globally, according to the Abu Dhabi-based Interregional Center for Strateg More… |
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Chinese group Jereh wins $288m Bapco Upstream EPCC contractJereh Oil & Gas Engineering Company, a key subsidiary of leading Chinese group Jereh, has signed a significant contract worth $288 million with Bapco Upstream for the engineering, procurement, construction, and commissioning (EPCC) of gas compressor stations. More… |
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Masdar increases clean energy capacity to 31.5GW in 2023Abu Dhabi Future Energy Company (Masdar) increased its clean energy capacity to 31.5GW in 2023, generated more than 26,700GWh of clean energy and avoided 14 million tonnes of CO2e, up from 10 million tonnes the previous year. This is the equivalent of removing More… |
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Atlas Copco air compressors aid pipeline maintenanceAtlas Copco’s highly efficient air compressors have successfully maintained pressure in an extensive pipeline thereby helping its maintenance. Atlas Copco Specialty Rental division in Central Asia was asked to assist with a pipeline inspection proj More… |
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DTI completes acquisition of Amsterdam-based EDPDrilling Tools International (DTI), a global oilfield services company, has closed its acquisition of European Drilling Projects known as ED Projects (EDP). DTI designs, engineers, manufactures and provides a differentiated, rental-focused offering of tools fo More… |
