Saturday 8 February 2025
 
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GCC non-hydrocarbon trade set for 3.5pc growth, says report

Global trade patterns are transforming significantly as new economic corridors emerge and traditional relationships evolve with the GCC region playing an increasingly pivotal role in connecting major trade routes between East and West, according to a report by Boston Consulting Group (BCG).&n

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Strohm launches advanced pipe design tool

Strohm, the world’s first and leading provider of thermoplastic composite pipes (TCP), has launched TCP Designer, its new web-based tool developed to help companies design and engineer thermoplastic composite pipes for their projects.   TCP Designer helps

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Lhyfe announces 5th green hydrogen production site in France

Lhyfe, one of the world’s pioneers in the production of green and renewable hydrogen, has announced the construction of a 5th green hydrogen production site in France, the first in northern France.   The new production site under construction by the compan

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Nakilat's net profit for FY 2024 surges 5pc to $436m

Qatar Gas Transport Company (Nakilat) has delivered solid results for FY 2024, registering a net profit of  QAR1.64 billion ($436 million), up 5.1% over the previous year.   Announcing its financial results for the 12-month period ended December 31, 2024, N

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Etihad Water and Electricity unveils new corporate identity

Etihad Water and Electricity (EtihadWE) today (January 28) unveiled its new corporate and brand identity at a ceremony set against the backdrop of the Etihad Golf Championship being held in Ajman.    The new identity signifies a milestone in the company&rsq

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Bahri, Petredec build alliance for LPG and ammonia shipping

Petredec and Bahri (The National Shipping Company of Saudi Arabia) have agreed to form a strategic partnership aimed at addressing Saudi Arabia’s increasing LPG and ammonia shipping demands.   The two companies, both leaders in their respective fields, wil

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Collaboration key for energy transition: Bahrain minister

Collaboration, investment, and decisive action are crucial to accelerate the energy transition and achieve the decarbonisation goals of the MENA region, Dr Mohamed bin Mubarak Bin Daina, Bahrain’s Minister of Oil and Environment and Special Envoy for Climate Affairs, said.

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L&T unit emerges preferred EPC contractor for big Masdar project

Indian construction conglomerate Larsen & Toubro (L&T) has announced that its renewables business vertical has been selected by Abu Dhabi Future Energy Company (Masdar), as one of the preferred engineering, procurement and construction (EPC) contractors for the north site of the world

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Honeywell signs MoU with Petro Rabigh for NEP technology

Petro Rabigh and Honeywell have signed a memorandum of understanding (MoU) to explore the deployment of Honeywell UOP’s naphtha-to-ethane-and-propane (NEP) technology.    The signing ceremony, held under the patronage of the Ministry of Energy, 

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Adnoc lowers carbon intensity at Shah Oil Field with AI

Adnoc has announced that its onshore Shah Field has achieved an industry-leading carbon intensity of 0.1 kilograms of carbon dioxide equivalent per barrel of oil equivalent (kgCO2e/boe), setting a benchmark among global oil fields.   This milestone achievement u

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