Thursday 28 March 2024
 
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Energoprojekt lowest bidder for Bahrain's substation project

Energoprojekt Entel, an international consultant specialising in engineering, design and project management services with headquarters in Belgrade, Serbia, has emerged as the lowest bidder - with a price of BD998,800 ($2.63 million) - for a new 66kV substations project, according to Bahrain&#

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Arab Energy Fund sets new income record, second year running

The Arab Energy Fund (TAEF), previously APICORP, a multilateral impact financial institution focused on the MENA energy sector, has announced the financial results for the fiscal year that ended on December 31, 2023.   For the second consecutive year, TAEF recor

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Oman issues RFQs for 1,000MW wind projects

Oman's Nama Power and Water Procurement has issued requests for qualification (RFQs) for the development of five wind projects with a cumulative capacity of around 1000MW across the sultanate.    These independent power projects (IPPs) include: Duqm tha

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Natural History Museum Abu Dhabi on track for 2025 completion

The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) and Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, have jointly announced that 65% of the work has been completed on the Natural History Museum Abu Dhabi located within Saadiyat Cult

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Pharmatrade opens new logistics facility in Abu Dhabi

UAE-based Pharmatrade has announced the opening of its new logistics centre within the Khalifa Economic Zones Abu Dhabi development.   The Emirati group said the expansion of its business over the last 13 years, since opening its Logistics Centre in

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Masdar to buy 50pc stake in Terra-Gen from US’ ECP

Abu Dhabi Future Energy Company – Masdar has signed a definitive agreement to acquire a 50% stake in Terra-Gen Power Holdings II from Energy Capital Partners (ECP).    ECP, a leading investor across energy transition, electrification and decarbonisati

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Acwa Power refinances $580m Al Dur Phase II IWPP debt

Saudi-listed Acwa Power, the world’s largest private sector water desalination company, and a leader in energy transition and first mover into green hydrogen, has announced the refinancing of $580 million of existing debt for the Al Dur Phase II Independent Water and Power Project (IWPP

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Tripling renewables goal 'feasible only with urgent global course correction'

The global goal of triple renewable power capacity by 2030, set at COP28, is contingent on creating favorable conditions for growth, which is technically and economically feasible but necessitates determination, policy support, and substantial investment, according to  International Rene

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Lootah Biofuels, MOEI sign UAE biofuel acceleration MoU

The UAE's Ministry of Energy and Infrastructure (MOEI) and Lootah Biofuels, a leading circular economy pioneer producing biofuel from cooking oil in the UAE, have signed a Memorandum of Understanding to strengthen bilateral relations and promote collaboration in developing, promoting, and

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Aramco chief seeks energy transition reset, realistic path

With the current transition strategy visibly failing on most fronts owing to its collision with five hard realities, the world needs a new, realistic pathway for the energy transition that includes oil and gas, said the top official of Saudi oil giant Aramco.   

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