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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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Array, ALUPCO® announce strategic partnership in Middle East

Array Technologies (Array) a global leader in utility-scale solar tracking solutions has signed its intent for a strategic partnership with Aluminum Products Company (ALUPCO ) a leading aluminum extrusion...

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Specialist Services expands with new Abu Dhabi fabrication facility

Specialist Services part of Centurion Middle East and North Africa has opened a new state-of-the-art 50 000 sq m waterfront fabrication facility with a rental and service centre in Abu Dhabi as part of...

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QatarEnergy, Petronet sign 20-year LNG supply deal to India

QatarEnergy has entered into a 20-year LNG Sale and Purchase Agreement (SPA) with Petronet LNG Limited for the supply of 7.5 million tons per annum (MTPA) of LNG destined to India. Pursuant the terms of...

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Adnoc Gas signs 10-year LNG supply deal with GAIL India

Adnoc Gas an integrated gas processing company has announced a 10-year agreement to supply 0.5 million metric tons per annum (mmtpa) of liquified natural gas (LNG) to GAIL India India s leading natural...

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Nakilat net profit up 8.3pc in 2023; revenue hits $1.2bn

Qatar Gas Transport Company (Nakilat) and its joint ventures (the group) have recorded solid results for FY 2023 with a consolidated net profit of QR1.5 billion ( 409 million) while its revenue surged...

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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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Front End partners with TDC to distribute DJI drones for O&G

Saudi-owned Front End has signed an exclusive partnership agreement with The Drone Centre (TDC) for the distribution of DJI drones in the oil and gas sector. This strategic alliance grants Front End exclusive...

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Array, ALUPCO® announce strategic partnership in Middle East

Array Technologies (Array) a global leader in utility-scale solar tracking solutions has signed its intent for a strategic partnership with Aluminum Products Company (ALUPCO ) a leading aluminum extrusion...

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ACWA Power’s Sukuk issue wins Local Currency Bond Deal award

ACWA Power one of the largest private water desalination company won a prestigious award recognising the company s success in raising SAR 1.8 billion ( 479 million) through a sukuk issuance in February...

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DME trading volumes surge to 800m barrels in 2023

Dubai Mercantile Exchange (DME) has seen its front-month trading volume in 2023 surge to 800 million barrels surpassing the 2022 figure of 752 million barrels and attaining the highest levels since 2018....

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QatarEnergy, Excelerate sign 15-year supply LNG deal

QatarEnergy and Excelerate Energy (Excelerate) signed a long-term LNG sale and purchase agreement (SPA) for the supply of LNG from Qatar to Bangladesh. Pursuant to the SPA Excelerate will purchase up to...

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UAE leading the world in deploying renewables: Minister

The UAE is leading the global community in finding and deploying renewable energy solutions said Dr Amna bint Abdullah Al Dahak Al Shamsi Minister of Environment on World Clean Energy Day. Today in the...

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