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NEOM awards contract for world’s largest hydrogen plant

Envision Energy announced that it has signed a contract to supply 1.67 GW wind turbines from NEOM Green Hydrogen Co for the world’s largest utility-scale hydrogen plant powered entirely by renewable energy. The mega plant is located at Oxagon, Saudi Arabia’s region of NEOM. Under the contract, Envision’s wind turbines will be installed and are expected to […]

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Navigating the changing energy landscape

Over the last 45 years, the energy industry has witnessed a seismic shift, shaped by developments in technology, geopolitics, and, more recently, sustainability. Dietsmann, a global leader in operational maintenance for the oil, gas, LNG, power, and mining industry, has not only navigated these tumultuous waves of change but has skillfully turned them into catalysts […]

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ADNOC boss announces $1.6 billion new industrial projects

Dr Sultan bin Ahmed Al Jaber, ADNOC’s group CEO and Minister of Industry and Advanced Technology (MoIAT), announced more than 30 innovative industrial projects worth more than $1.6 billion during the second edition of the Make it in the Emirates Forum, which is being held under the theme of “Investment. Sustainability. Growth”. “These projects include […]

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ENGIE, TAQA achieve $620 million financial close for massive UAE desalination project

UAE’s TAQA, EWEC, alongside France’s ENGIE, have announced the successful financial closing of the AED 2.3 billion ($620 million) low carbon Mirfa 2 Reverse Osmosis (M2 RO) desalination project. The project is primarily funded (78%) through debt financing from both local and international banks, including Abu Dhabi Islamic Bank (ADIB), BNP Paribas Fortis SA/NV, Sumitomo […]

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Bahrain unveils $1 billion Al-Dur 2 water and power plant

Bahrain has successfully launched the second phase of the colossal Al-Dur 2 Independent Water and Power Project (IWPP), valued at $1 billion. The new plant is an extension of Al Dur Phase 1 and features a power generation capacity of 1,500MW and a desalination capacity of 50 million imperial gallons per day (MIGD). It marks […]

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How BGN is building a sustainable future

BGN, a leading player in the global trade, storage, and transportation of petroleum products and petrochemicals, recently participated in the prestigious Middle East Petroleum & Gas Conference (MPGC) held in Dubai on May 22-23. Emin Imanov, CEO of BGN Trading, shared valuable insights about BGN’s operations during an exclusive panel discussion that focused on the company’s ability to connect producers, processors, and […]

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Saudi Arabia’s energy megaprojects: 3 upcoming developments you need to know about

Saudi Arabia has announced several ambitious plans to launch a wave of megaprojects that are set to transform the country into a global economic powerhouse, as reported by Arabian Business. With investment totaling billions of dollars, the kingdom is embarking on a journey to diversify its economy away from oil, create jobs, and boost its international standing […]