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Adnoc closes acquisition of 24.9pc stake in OMV

Adnoc has closed the acquisition of a 24.9 per cent shareholding in OMV a global energy and chemicals group headquartered and listed in Vienna Austria from Mubadala Investment Company (Mubadala). The transaction...

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Borouge opens new offices in Kenya and South Korea

Borouge a leading petrochemical firm that provides innovative and differentiated polyolefin solutions has set up offices in Kenya and South Korea as part of its strategic initiative to expand its market...

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Shell Oman unveils upgraded Shell V-Power for engine efficiency

Shell Oman Marketing Company has introduced the improved Shell V-Power the latest addition to its premium fuel line aiming to improve motorists journeys. According to Shell Oman through its advanced formulation...

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Enova expansion into Turkiye picks up pace with Sarten deal

Sarten Ambalaj a leading Turkish packaging manufacturer and Enova a regional leader in integrated energy and multi-technical services have signed a contract for the installation of rooftop solar solutions...

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Eaton to showcase sustainable energy solutions at LEAP

Eaton a power management company will participate in LEAP 2024 a global tech event focusing on Energy Transition and Digitalisation. The company aims to showcase innovative sustainable technologies for...

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Natural gas faces ‘$300bn investment shortfall yearly’

A 200-300 billion annual gap in global investment in natural gas development over the past decade risks supply imbalances with further price spikes globally as demand for natural gas rises in developing...

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SAP effects Q-Chem's digital transformation with SAP Cloud

SAP a global technology company has successfully deployed RISE with SAP at Qatar Chemical Company Limited (Q-Chem). This significant milestone marks the culmination of Q-Chem s digital transformation journey...

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New Jeddah port terminal achieves increased handling capacity

Saudi Ports Authority Mawani has completed development works at Jeddah Islamic Port s North Container Terminal increasing its handling capacity from 2.5 million TEUs to 6.2 million TEUs. The development...

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Emarat service stations offer naming rights to global brands

Emirates General Petroleum Corporation (Emarat) has launched a first of its kind project in the UAE and globally that offers companies and brands an opportunity to secure naming rights for its service...

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Emirates Gas debuts UAE's first Marine LPG Composite Cylinder

Emirates Gas a subsidiary of ENOC Group has launched 2 kg and 11 kg Marine LPG Composite Cylinders the very first in the UAE which will elevate the sailing and marine lifestyle experience. The Marine LPG...

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GMS wins contract extension and LoA for vessels in Mideast

Gulf Marine Services (GMS) a leading provider of self-propelled and self-elevating support vessels for the offshore oil gas and renewables sectors has signed a contract extension for one of its vessels...

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Dubai Chambers boost public-private cooperation in clean energy

Dubai Chamber of Commerce one of the three chambers operating under the umbrella of Dubai Chambers has organised a meeting between Dubai Electricity and Water Authority (DEWA) and the Dubai Renewable Energy...

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QatarEnergy names LNG expansion's first carrier "Rex Tillerson"

QatarEnergy has named the first LNG carrier to be delivered as part of its new LNG fleet expansion program the Rex Tillerson in recognition of the former Chairman and Chief Executive Officer of Exxon Mobil...

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Nextracker’s All-Terrain Solar Trackers picked for Al Kahfah

Nextracker has been selected by Acwa Power and Larsen & Toubro Limited (L&T) to provide its all-terrain tracker NX Horizon-XTR for a 1.17 GW installation at Al Kahfah Solar Power Plant. Al Kahfah is one...

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Saudi wealth fund PIF buys 40% stake in Zamil Offshore

Saudi sovereign wealth fund PIF (Public Investment Fund) has announced that it has completed the acquisition of a 40% stake in Zamil Offshore Services Company (Zamil Offshore). Incorporated in 1977 Zamil...

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Enoc Group, Maersk Training partner to upskill workforce

Enoc Group a leading integrated global energy player and Maersk Training a global training provider have signed a Memorandum of Understanding (MoU) to upskill future workforce to support the energy economy....

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