 |
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… |
 |
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… |
 |
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… |
 |
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… |
 |
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… |
 |
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… |
 |
Taqa successfully prices $1.75bn dual tranche bond offeringAbu Dhabi National Energy Company (Taqa), a leading integrated utilities company, has successfully priced an aggregate $1.75 billion in 7-year and 12-year dual-tranche senior unsecured notes. The 12-year notes, sized $850 million and maturing on March 9, More… |
 |
Wetex’s 26th edition sees participation of 2,800 exhibitorsThe 26th Water, Energy, Technology and Environment Exhibition (Wetex) specialised exhibitions for water, energy, green development, sustainability, decarbonisation, green mobility, sustainable cities, held recently in Dubai, saw the participation of 2,800 exhibitors from 65 countries, a report More… |
 |
Nama Chemicals in deal to sell key stake in its Jubail unitSaudi-based Nama Chemicals Company said it has signed a non-binding agreement with Haddaj Investment Company for the sale of a major stake in one of its subsidiaries Jubail Chemical Industries Company (Jana). As per the deal, Haddaj Investment, a key subsidiar More… |
 |
McDermott wins EPCI deal for NFS offshore pipelines and cablesMcDermott has been awarded an engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) Offshore Pipelines and Cables Project. The scope of the contract comprises EPCI of almost 250 km of o More… |
