Tuesday 23 April 2024

Aramco, Hyundai break ground on $2.3bn Saudi gas plant

Saudi oil giant Aramco has joined hands with Korean engineering and construction major Hyundai E&C to break ground on its Jafurah Phase II Utilities, Sulfur & Export Facilities Package 2 Project in the kingdom.   The project will be adjacent to the site


Abu Dhabi Chamber supports sustainable innovative solutions

The Abu Dhabi Chamber of Commerce and Industry (ADCCI) is participating in the Abu Dhabi Sustainability Week (ADSW) endorsing the event’s exceptional role in promoting sustainable development.   ADSW is part of the World Future Energy Summit hosted by the


ACWA Power gets first RMB loan from Bank of China for Uzbek project

Saudi-listed ACWA Power, the world’s largest private water desalination company and a leader in energy transition and first mover into green hydrogen, received an equity bridge loan from Bank of China worth $80 million to finance its Tashkent 200MW Solar PV and 500MWh BESS in Uzbekistan


Inaugural TANKCONEX to welcome over 500 delegates

Some 100 exhibitors and over 500 high profile delegates including 50 speakers will take part in the inaugural TANKCONEX conference and exhibition from May 13 to 15 at Dhahran Expo, Al Khobar, Saudi Arabia.    Held under the patronage of Prince Saud bin Naif


Petrochemical engineers struggle with temperature control spare parts

The majority of petrochemical process engineers have reported issues sourcing spare parts for temperature control equipment at petrochemical plants and refineries, potentially disrupting operations subject to seasonal demand.   According to a new Agg


RTA awards contract for 3-lane street tunnel project in Dubai

Dubai’s Roads and Transport Authority (RTA) has awarded the contract for the construction of the Al Khaleej Street Tunnel Project.    The key project, which come as part of Phase 4, covers the construction of a tunnel extending 1,650 m and encompassin


Alec JV wins design-build contract for Abu Dhabi W-t-E plant

UAE-based Alec Engineering and Contracting has announced that its integrated joint venture with Lebanese builder Butec has secured the design-and-build contract for the first waste-to-energy (WtE) plant coming up in Abu Dhabi.    A part of the Investment Co


Khimji Ramdas unit supplies generators for Oman power project

Leading Oman-based business conglomerate Khimji Ramdas (KR) Group has announced that it has successfully completed the supply and commissioning of generators for Nama Electricity Distribution Company in Musandam region.   The project was completed through KR Gro


GE Vernova completes spin-off, starts trading on NY bourse

GE Vernova, a purpose-built global energy company based in US, has announced that its spin-off from General Electric (GE) has been fully completed and it will begin trading as an independent company on the New York Stock Exchange under the ticker symbol GEV.   


Global energy executives upbeat on 2024 growth trajectory

Nearly 73% of senior energy professionals from around the world are bullish on the industry's growth trajectory for the upcoming year, according to DNV's annual Industry Insight survey –revealing a resilient optimism within the energy sector, despite prevailing caution.

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