Masdar has submitted the lowest bid of $1.62154 cents per kilowatt hour (kWh) for the 1,800MW 6th phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. Dubai Electricity and Water Authority (DEWA), the main off-taker, received bids from Saudi Arabia’s ACWA Power and Abu Dhabi’s Masdar. This phase of the solar plant […]
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ADNOC L&S awarded first major EPC contract worth $975 million
ADNOC Logistics and Services announced today that it has been awarded a $975-million engineering, procurement and construction (EPC) contract by ADNOC Offshore for an artificial island at the Lower Zakum offshore field. This marks the first award of the new EPC logistics business unit following ADNOC L&S’ record-breaking listing this month. As part of ADNOC’s […]
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GE Gas Power announces major boost to Iraq’s power generation capacity
GE Gas Power has announced a significant boost to Iraq’s power generation capacity achieved in partnership with the country’s Ministry of Electricity. The company has successfully serviced and upgraded 1400 megawatts (MW) of gas turbine capacity across the country in the first half of this year. The strategic move aims to enhance power generation capabilities […]
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Egypt and Saudi Arabia set to launch $1.8 billion electrical interconnection project
The Egypt–Saudi Arabia electrical interconnection project valued at $1.8 billion is set to undergo testing next month ahead of its trial operation scheduled for next year. The project is the first large-scale high-voltage direct current (HVDC) interconnection in the MENA region, including three substations connected via overhead power transmission lines of 1,350 kilometers (km) in […]
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TotalEnergies set to launch major project in Iraq as part of $27 billion framework
France’s TotalEnergies is pushing ahead with plans to build a 1,000 megawatt solar power project in Iraq after the project was endorsed by Baghdad last week, Zawya Projects reported, citing a statement by the Iraqi Electricity Ministry. The solar park project is part of a $27 billion framework agreement signed by Iraq and France in […]
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Eid Al Adha 2023: 6-day weekend dates revealed
As Eid Al Adha approaches, UAE residents are gearing up for a well-deserved break. With schools closing for a two-month summer vacation, a five- or six-day weekend awaits, subject to the sighting of the Moon. According to the Islamic Hijri calendar, the designated holiday period spans from the 9th to the 12th of Dhul Hijjah. […]
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Mending ties? Blinken visits Saudi Crown Prince to discuss economic cooperation
US Secretary of State Antony Blinken arrived in Saudi Arabia on Tuesday on a mission to mend Washington’s relations with Riyadh after years of deepening disagreements on issues ranging from Iran and regional security to oil prices, Reuters reported. Blinken met with Saudi Arabia’s Crown Prince Mohammed bin Salman and they “discussed deepening economic cooperation, […]
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