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AIMCS EXPO tackles asset integrity, sustainable techThe Middle East Asset Integrity Management Expo (AIMCS EXPO 2025) in Abu Dhabi, UAE, brought together global experts, innovators, and decision-makers from the oil, gas, utilities, and energy sectors. Organised by Mosleh Al Harbi, the event aimed to address the More… |
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Egypt advances licensing for 13 hydrocarbon blocksEgypt is advancing its latest licensing round, which includes 13 offshore and onshore blocks across key hydrocarbon regions. The round is expected to close in the second half of 2025, preparing for accelerated growth in the upstream industry. Egypt has set a t More… |
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Teledyne GFD unveils new portable dual-gas detectorTeledyne Gas & Flame Detection (Teledyne GFD) is unveiling its PS DUO, a portable dual-gas detector set to enhance personal safety in gas monitoring applications. This innovative handheld device features real-time monitoring with audible, visual (bright LE More… |
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KR teams with shipbuilders to set ammonia standardsKR (Korean Register) has officially launched a joint working group to establish international standards for the safe discharge of toxic ammonia effluent generated from ammonia-fueled ships. The initiative brings together Korean major shipbuilders—HD Hyun More… |
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Energy as a service market to surge 8.7pc CAGR by 2034The Energy as a Service (EaaS) Market reached a valuation of $126 billion in 2024 and is projected to grow at a CAGR of 8.7% from 2025 to 2034. This growth is driven by the increasing shift toward sustainability, reinforced by supportive government incentives More… |
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MAN Energy Solutions becomes EverllenceThe former MAN Energy Solutions is now operating under the new name of Everllence as it continues writing a new chapter committed to global decarbonisation and sustainable energy solutions. The company has evolved from traditional engine manufacturing to provi More… |
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Azizi sets up new entity to develop key power projectsAzizi Group, a leading Dubai-based developer, has set up a new entity that will focus on the development and delivery of power generation and energy infrastructure projects across emerging markets. Operating under the trade name Azizi Energy Investments, More… |
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World Bank approves investments for Indonesia's clean energyThe World Bank has approved two significant investments for a total blended finance package of $2.128 billion to create jobs, boost economic growth, and improve clean energy access across Indonesia. These projects are the first in support of the Indonesian Gov More… |
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Gulf markets face oil volatility from Hormuz pressures: eToroMarkets are entering the week with a heightened sense of caution, as investors weigh the potential for further geopolitical escalation. Volatility is set to pick up, with oil prices increasingly sensitive to the risk backdrop. Bitcoin has slipped below $100,00 More… |
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Qapqa secures contract for Aramco’s Master Gas System-3 projectQapqa has secured a new contract with A.Hak Pijpleidingen Saudi Company for Package #9 of Aramco's Master Gas System-3 (MGS-3) project. The contract will involve providing three complete automatic welding spreads and a highly experienced welding crew for t More… |
