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Ignite Energy Access to set up global headquarters in Abu Dhabi

The Abu Dhabi Investment Office (ADIO) has signed a strategic agreement with Ignite Energy Access a leading pan-African provider of the full range of Distributed Renewable Energy (DRE) solutions to establish...

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Petro Rabigh seals partnership with Indian group Rossari

Rabigh Refining & Petrochemical Company (Petro Rabigh) a joint venture between Saudi oil giant Aramco and Sumitomo Chemical has entered into an agreement with India-based Rossari International for the...

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Adnoc, OMV to create $60bn polyolefins leader

UAE s Adnoc and Austria s OMV have announced merger of their shareholdings in Borouge and Borealis AG to create Borouge Group International a AED220-billion ( 60 billion) global integrated chemicals powerhouse...

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Red Sea Global, daa ink SAF deal with Arabian Petroleum

Red Sea Global (RSG) and daa International the operator of The Red Sea International Airport (RSI) struck a deal with fuel supplier Arabian Petroleum Supply Company (APSCO) to introduce its Sustainable...

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Dana Gas recommends dividend of $105m for 2024

Dana Gas the Middle East natural gas company has recommended a dividend payment of AED385 million ( 105 million) (5.5 fils per share) for the full year 2024 reflecting the company s strong financial position...

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Adnoc to offer 3.1bn shares of Adnoc Gas in Marketed Offering

Abu Dhabi National Oil Company (Adnoc) the current majority shareholder of 90% of the ordinary shares in Adnoc Gas has announced its intention to offer approximately 3.1 billion of the issued and outstanding...

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Ewec boosts Abu Dhabi's clean energy future with CECs Q1 auction

EWEC (Emirates Water and Electricity Company) a leading company in the integrated coordination of planning purchasing supply and system despatch services for water and electricity across the UAE has announced...

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EnerMech wins long-term extension for Qatari oilfield contract

EnerMech has announced that it has secured a five-year contract extension to provide North Oil Company (NOC) with leak testing and flange management services building upon a strong relationship which stretches...

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Mubadala sells key stake in UK smart meter group Calisen

Mubadala the sovereign wealth fund of Abu Dhabi has announced that it has successfully completed the sale of its indirect stake in Calisen a leading provider of smart metres and small-scale energy transition...

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Arab Energy Fund, Hartree Partners invest $120m in climate tech

The Arab Energy Fund formerly known as APICORP a leading multilateral impact financial institution focused on the MENA energy sector has announced the launch of the TAEF Hartree Cleantech LP a 120 million...

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Kuehne+Nagel opens new Rolls-Royce engine facility in Dubai

Kuehne Nagel a leading provider of end-to-end supply chain solutions has announced the inauguration of a custom-designed hub for Rolls-Royce aircraft engines in Dubai to streamline engine deliveries across...

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Shell Oman hosts lubricants Technology Conference in Muscat

Reinforcing its commitment to advancing the lubricants technologies Shell Oman recently convened industry leaders experts and stakeholders at the Shell Lubricants Technology Conference held at the Sheraton...

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QatarEnergy signs 20-year helium deal with China’s G-gas

QatarEnergy and Guangzhou Guanggang Gases & Energy (G-gas) signed a long-term sales and purchase agreement (SPA) for the supply of 100 million cubic feet per annum of helium from Qatar to China. The 20-year...

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Group Amana in deal to boost sustainable data centres in KSA

Group Amana the regional leader in design-build construction and Al Moammar Information Systems (MIS) have signed a strategic MoU in a move aimed at fast-tracking Saudi Arabia s transition into a global...

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Saudi Luberef records solid 2024 results; revenue hits $2.6bn

Saudi Aramco Base Oil Company (Luberef) one of the world s leading suppliers of base oils has announced solid results for FY 2024 with its revenues for the 12 months surging to hit SAR10.03 billion ( 2.6...

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EnerMech wins long-term extension for Qatari contract

EnerMech a specialist service company delivering technical solutions to energy projects has secured a five-year contract extension to provide North Oil Company (NOC) with leak testing and flange management...

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