Oilfield service provider Baker Hughes to open new centre in Dubai.
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Posted inProducts & Services
Power close to hand in oil and gas
Wartsila has increasing numbers of orders from international oil and gas operators.
Posted inNews
Iraq, in a struggle for oil
Despite vast oil reserves, production could be hindered by pipeline attacks and new oil law.
Posted inProducts & Services
Oil powers gather in Saudi Arabia
OPEC talks up environment and steers clear of the dollar and supply in Riyadh summit.
Posted inProducts & Services
Gulf Oil acquires Saudi’s largest lubricant company
Acquisition to enhance plans of regional growth.
Posted inBusiness
AMEA Power starts work on $86 million solar PV facility in Tunisia
Dubai’s AMEA Power has started working on its Tunisia solar power venture. The groundbreaking ceremony for the 120MWp Kairouan Solar Photovoltaic project, funded by the International Finance Corporation (IFC) and the African Development Bank (AfDB), was held earlier this week. The project is in line with the 2035 energy strategy approved by the Tunisian Government […]
Posted inNews
Saudi Arabia, France sign $2.9 billion deals
Saudi Arabia and France have signed 24 agreements worth $2.9 billion at the France-Saudi Investment Forum, Zawya reported, citing the Saudi Press Agency. The deals were inked across several sectors including energy, manufacturing, aviation, and healthcare. Major agreements include:
Posted inNews
Qatar says ‘hot competition’ for $30 billion North Field East partnership
Qatar’s state owned energy giant, QatarEnergy, has engaged in talks with several Asian nations to take an equity stake in Qatar’s massive $30 billion North Field East expansion project. “There is a hot competition to associate with the prestigious North Field expansion project,” al-Kaabi told Gulf Times at a media event at the QatarEnergy headquarters. […]
Posted inNews
Missing Titanic submarine: TechnipFMC’s deepsea vessel joins rescue operations
TechnipFMC’s deepsea vessel earlier this week joined the search and rescue operation for the missing Titanic tourist submarine. The submarine, which was en route to the Titanic wreckage, went missing with five people onboard. The US Coast Guard and Navy are working around the clock in this complex operation to locate the submarine. “We are working closely […]
Posted inNews
Saudi Arabia: Flying taxi makes debut in futuristic city NEOM
This marks the first time an electric vertical take-off and landing aircraft performed test flights in Saudi Arabia