Sabic to sell its Alba shares to Ma'adenSabic announces the signing of an agreement with Saudi Arabian Mining Company (Ma'aden) for the sale of its 20.62 per cent shareholding in Aluminum Bahrain (Alba). The sales proceeds are expected to be within a range of BHD 363 million ($963 million) to BH More… |
Aramco, SLB seek to create digital sustainability technologiesAramco and SLB have signed an agreement with the aim of co-developing, commercialising, and utilising digital solutions to help mitigate greenhouse gas (GHG) emissions in industrial sectors. These solutions would be integrated within SLB’s digital sustai More… |
Indian Oil JV lands Abu Dhabi production concession dealUrja Bharat Pte Limited (UBPL), a 50:50 special purpose vehicle (SPV) formed by a wholly-owned subsidiary of Indian Oil Corporation and Bharat Petro Resources Limited, has been awarded a production concession contract by the Supreme Council for Financial and Economic Affairs (SCFEA) i More… |
Ducab signs up Schneider Electric unit as strategic advisorDucab Group, one of the largest end-to-end solutions providers and manufacturing firms in the UAE, is elevating and expanding its Environmental, Social, and Governance (ESG) and decarbonization strategy following its appointment of Schneider Electric’s Sustainability Business as a strat More… |
Aramco, Lihytech team up to recover lithium from oilfield brineSaudi oil giant Aramco and Saudi Lithium Infinity (Lihytech), an innovative startup incubated by King Abdullah University of Science and Technology (KAUST), are working together to accelerate the development of Direct Lithium Extraction (DLE) technology in Saudi Arabia. &nb More… |
MoEI and EtihadWE to promote renewable energy in N EmiratesEtihadWE has partnered with the Ministry of Energy and Infrastructure (MoEI) on a collaborative initiative aimed at promoting the use of renewable energy in the Northern Emirates. The Distributed Solar System (DSS) project enables EtihadWE customers to generat More… |
MOEI, EtihadWE to boost Northern Emirates renewable energyEtihadWE has partnered with the Ministry of Energy and Infrastructure (MoEI) on a collaborative initiative aimed at promoting the use of renewable energy in the Northern Emirates. The Distributed Solar System (DSS) project enables EtihadWE customers to generat More… |
Viking Completion completes its first gas project in GermanyViking Completion Technology, a leading supplier of well completion equipment and services, has completed a significant gas storage project in Germany. The UAE-based company, which has been supporting the global energy industry for over 25 years, has delivered More… |
IAEA, Women and Energy Association to empower STEM womenThe International Atomic Energy Agency (IAEA) and the Women and Energy Association have signed a memorandum of understanding to enhance cooperation in capacity building, with a focus on developing the role of women in the fields of science, technology, engineering, and mathematics (STEM) and More… |
JV to build mega supercap energy storage facility in Abu DhabiDubai-based supercap energy storage manufacturer Enercap Holdings and Abu Dhabi based Apex Investments, have formed a joint venture to build 16GWh per year manufacturing capacity of supercap energy storage. Supercap energy storage is a cutting-edge technology with features that surpass More… |