Thursday , 21 September 2017

Energy & Power Generation

EXCLUSIVE-Saudi Aramco advisers favour London for historic IPO – sources

Saudi Aramco’s advisers have recommended London for the historic listing of the oil company, with U.S. disclosure rules a concern for Saudi authorities, sources familiar with the matter told Reuters. A final decision on the venue for what is expected to be the world’s biggest IPO and is targeted to raise $100 billion will be taken by Crown Prince Mohammad …

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Backing of workers, communities key to Libya’s oil revival

When the head of Libya’s state energy company visited Sharara oil field in early July, community leaders and workers crowded into a conference room to ask about jobs, training and services for local people. When, they asked, would their villages start to see the benefit of the country’s rising oil production “You’ve been very patient,” Mustafa Sanalla reassured them, before …

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Abu Dhabi to host IAEA Nuclear Power Conference

The Ministry of Energy has announced that the UAE will host the upcoming IAEA International Ministerial Conference on Nuclear Power in the 21st Century, taking place in Abu Dhabi from 30th October to 1st November. The conference is being organised by the International Atomic Energy Agency (IAEA) in cooperation with the Nuclear Energy Agency (OECD/NEA) and hosted under the patronage …

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Saudi Aramco gets approval to set up companies for energy industrial city

Saudi Aramco received the approval of the Saudi government to set up two new companies that will develop and operate a new Energy Industrial City in Saudi Arabia, as the kingdom seeks to expand its industrial base, state news agency SPA reported on Monday. The city will be developed over 50-square km of land in the oil producing region, SPA …

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GE Power Highlights New Era of Energy Efficiency and Productivity at Middle East and Pakistan Roadshows

GE Power kicked off a series of roadshows and meetings across the Middle East and Pakistan today to demonstrate path-breaking digital industrial solutions that are unlocking a new era of energy efficiency and flexibility, leading to significant cost savings for the power generation sector. The events will be held in Dubai, Muscat, Islamabad and other locations in the coming weeks. …

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Project for solar-powered electric boat transport in the Middle East and North Africa receives US$1 million UN Energy Grant

The project “Solar Fuelled Electric Maritime Mobility” by SINTEF, an independent non-profit research institute based in Norway, seeks to demonstrate the feasibility and the social, economic and environmental benefits of solar-fuelled electric boat transport in Tunisia and the wider region Furthermore, the project will conduct capacity development workshops for Tunisian and other regional stakeholders. A partnership working to promote solar-powered …

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ICIEC Facilitates the Development of Renewable Energy Projects

Marrakech — The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), as a multilateral credit and political risk insurance corporation, plays a catalytic role in facilitating Renewable Energy projects in its member countries. On the margins of COP22, which took place in Marrakech, Morocco, on November 15, 2016, ICIEC organized a high panel discussion (HPD) under the …

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Bahrain’s Diversification Away from a Hydrocarbon-dependent Economy Through Embracing Tech

Despite having weathered the 2008 global economic crisis comparatively well, GCC economies, still heavily hydrocarbon-dependent, have showed signs of strain in recent months, as oil prices have slumped. Bahrain is perhaps rather more sensitive to regional economic pressures than some of its more oil-rich neighbours, as highlighted by the recent downgrades by ratings agencies. Governments across the region are taking …

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ENEC Completes Successful Installation of Unit 3 Steam Generators at the Barakah Nuclear Energy Plant

Latest milestone reached for unit 3 at Barakah Unit 3 now over 54% complete Steam generators play a key role in converting energy into electricity   The Emirates Nuclear Energy Corporation (ENEC) has announced the successful installation of its Unit 3 Steam Generators (SGs), marking another safe and on-time milestone in the development of the UAE’s first nuclear energy plant …

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ENEC and KHNP Sign Operating Support Services Agreement for the Barakah Nuclear Power Plant

The Emirates Nuclear Energy Corporation (ENEC) and Korea Hydro & Nuclear Power (KHNP) have signed an Operating Support Services Agreement (OSSA) at a ceremony held at ENEC’s headquarters in Abu Dhabi in the presence of senior management representatives from both companies. Under the agreement, KHNP will dispatch experienced and qualified nuclear plant personnel to the Barakah Nuclear Power Plant (BNPP), …

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