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Nabors wins four-rig contract from Sonatrach in Algeria

Nabors a leading provider of advanced technology for the energy industry was recently awarded a four-rig contract by Sonatrach Division Forage in Algeria and has started operations in the first quarter...

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Sharakah and OPAL tie up to promote youth projects

Sharakah Oman s leading SME development firm has signed a Memorandum of Understanding (MoU) with the Oman Energy Association (OPAL) to support the development of youth projects in Oman. The agreement was...

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Enec, General Atomics to collaborate on nuclear energy supply

The Emirates Nuclear Energy Corporation (Enec) has signed a MoU with General Atomics a leading US advanced technology solutions company to collaborate on using advanced technologies and materials for nuclear...

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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...

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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...

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Energy Capital Group acquires Aujan Industrial Solutions

Saudi Arabia-based investment group Energy Capital Group (ECG) has completed the acquisition of Aujan Industrial Solutions (AIS) a leading provider of solutions to the oil and gas petrochemical metals...

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Adnoc Drilling: $358m dividend approved, AI growth promised

Adnoc Drilling Company has received shareholder approval for its final cash dividend for the year ending December 31 2023. The final approved dividend is 358 million bringing the total dividend to 717...

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Adnoc Technical Academy opens new campus in Al Dhannah City

Adnoc Technical Academy (ATA) has inaugurated its new campus in Al Dhannah city. The new campus reinforces Adnoc s commitment to developing and upskilling UAE National talent enabling future leaders to...

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Increase in oil investment must for growth: Opec chief

Increased investments in the oil industry is needed to meet global energy demands and sustain economic growth Haitham Al Ghais Secretary General of the Organisation of the Petroleum Exporting Countries...

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QatarEnergy in deal with Nakilat for operation of 25 LNG vessels

QatarEnergy has signed time-charter party (TCP) agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25 conventional-size LNG vessels. This is part of the second ship-owner...

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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...

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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...

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Adnoc signs second long-term agreement for Ruwais LNG project

Adnoc has signed a 15-year Heads of Agreement (LNG agreement) with SEFE Marketing & Trading Singapore a subsidiary of Germany s SEFE Securing Energy for Europe for the delivery of 1 million metric tonnes...

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Bapco Refining wins GCC economic operator, ISO certificates

Bapco Refining a wholly-owned subsidiary of Bapco Energies the integrated energy company leading the energy transition in Bahrain said it has received the GCC authorised economic operator (AEO) certificate...

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Adnoc issues early EPC award for Ruwais LNG project

Adnoc has issued a Limited Notice to Proceed (LNTP) for early engineering procurement and construction (EPC) activities to a joint venture led by Technip Energies with JGC Corporation and National Petroleum...

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UAE inaugurates hurricane-resistant power plant in Caribbean

The UAE-Caribbean Renewable Energy Fund (UAE-CREF) announced that the hurricane-resistant power project developed by Masdar for Antigua and Barbuda to withstand even the fiercest winds is now operational....

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