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Empower to take part in WETEX 2024 as a strategic sponsorEmirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, is a strategic sponsor of the 26th edition of the Water, Energy, Technology and Environment Exhibition (WETEX 2024). To be held at Dubai World More… |
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Weatherford Q2 net income jumps 52pc YoY to $125mWeatherford International has posted a net income of $125 million in the second quarter (Q2), an 8.9% margin, an increase of 12% or 65 basis points sequentially, and an increase of 52% or 246 basis points year-over-year. Revenues for the second quarter of 2024 More… |
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Expro turns from net loss in Q1 to $15m net income in Q2Expro Group Holdings has posted a net income of $15 million in the second quarter (Q2), as compared to net loss of $3 million for the first quarter of 2024 and net income of $9 million for the second quarter of 2023. Net income margin was 3% for the second quarter of 2024, compared to (1)% fo More… |
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SLB, Aker BP in deal to co-develop of AI-driven digital platformSLB and Aker BP have agreed a long-term partnership to co-develop an AI-driven digital platform for Aker BP to accelerate innovation and deliver substantial efficiency improvements across the company’s E&P operations. The new platform will leverage the Delfi digital platform to enab More… |
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Masdar, Endesa forge $1.84bn renewable energy deal in SpainAbu Dhabi Future Energy Company (Masdar), the UAE’s clean energy leader, said it will soon become a partner for 2.5 gigawatts (GW) of renewable energy assets in Spain, under an agreement with Endesa, a Spanish multinational electric utility company, and a subsidiary of the Italian energy More… |
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Endress+Hauser Liquid Analysis appoints new Managing DirectorDr Thomas Buer will become the new Managing Director of Endress+Hauser Liquid Analysis on October 1, 2024. He succeeds Dr Manfred Jagiella, who is retiring at the end of September after 17 years at the helm of the competence center for liquid analysis. Jagiell More… |
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UAE, China sign deals, MoUs to boost energy, industry tiesAgreements and MoUs have been signed by UAE and China in vital areas and sectors of common interest, within the framework of the Comprehensive Strategic Partnership (CSP) during a UAE ministerial visit to China. The UAE delegation led by Dr Sultan Al Jaber, Mi More… |
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Ewec issues RFPs for 400MW battery energy storage systemEmirates Water and Electricity Company (Ewec) has issued request for proposals (RFPs) to qualified developers and developer consortiums that expressed interest in an independent greenfield 400-megawatt (MW) Battery Energy Storage System (BESS) power project in Abu Dhabi. More… |
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KBR posts Q2 net income of $199m; revenue at $1.9bnKBR, a US based company operating in fields of science, technology and engineering, has posted a second-quarter (Q2) net income of $199 million and revenue of $1.9 billion, up 6% on a year-over-year-basis. Revenues rose primarily due to growth across Sustainab More… |
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Ewec invites bids for 2.5GW Taweelah CCGT plantEmirates Water and Electricity Company (Ewec) has issued a Request for Proposals (RFP) for the development of the Taweelah C Independent Power Producer (IPP) project, a new carbon-capture-ready Combined Cycle Gas Turbine (CCGT) plant located in the Al Taweelah Power and Desalination Complex, More… |
