Oil Gas & Utilities

FEATURED REPORT...
Posted: 10-08-2011
INTERNATIONAL. Saudi Arabia pumped the most oil in three decades last month, reaching 9.8 million barrels a day and boosting OPEC production, the International Energy Agency said. Increased output in Angola helped replace lower supply in Libya. Daily supply from the 11 Organization of Petroleum Exporting Countries members bound by quotas rose to 27.37 million barrels a day in July from 27.22 million in June, the Paris-based IEA said today in its monthly oil market report. “Output has regained levels close to those seen before the Libyan crisis, although OPEC spare capacity now stands at
Posted: December 30, 2016
UAE. Booz Allen Hamilton forecasts energy trends in 2017; In the oil and gas industry, as well as in electric power, major internal and external forces are driving change, requiring industry leaders to revisit strategies.
Posted: December 21, 2016
UAE. Musab Alkateeb appointed as CEO of Siemens in Iraq; Thomas Schmidt will become CFO for Siemens' Iraq business; New appointments strengthen Siemens' operations in Iraq.
Posted: December 20, 2016
INTERNATIONAL. Aberdeen-based downhole technology specialist announced a major breakthrough in the progression of its ground-breaking FibreLine Intervention (FLI) technology.
Posted: December 19, 2016
UAE. 1.5% of the world's gross national product must be invested every year in order to mitigate the effects of climate change.
Posted: December 17, 2016
UAE. Quercus is a leading international investment advisor, specialising in renewable energy projects; UAE is the strategic choice as the GCC plans to invest US$100 billion in renewable energy in the next 20 years.
Posted: December 17, 2016
INTERNATIONAL. SACE, SIMEST and BNP Paribas announce the finalisation of export financing for National Grid North America, in support of the works awarded to Prysmian as part of the world's longest submarine interconnector.
Posted: December 14, 2016
SAUDI ARABIA. Breakthrough Energy Ventures (BEV) is an investor-led fund that will finance emerging energy breakthroughs to deliver affordable and reliable energy with the goal of reducing global greenhouse gas emissions to near-zero.
Posted: December 11, 2016
INTERNATIONAL. In concluding this trial, Zilift has demonstrated that rigs are no longer an essential component in ESP operations thereby saving the rig cost and largely eliminating postponed production.
Posted: December 8, 2016
UAE. Global marine solutions provider focused on the offshore oil terminal market and related infrastructure increases its capabilities for directly servicing Abu Dhabi-based clients.
Posted: December 4, 2016
INTERNATIONAL. With three of the 12 MENA sovereigns (more than 20%) on a Negative Outlook, the overall Outlook is deemed Negative. None are on a Positive Outlook.
Posted: December 2, 2016
UAE. Ennio Lucidi has been appointed as Next Geosolutions' Middle East general manager.
Posted: December 2, 2016
INTERNATIONAL. But implementation risks remain, including OPEC's adherence to the agreement and the willingness of other participants, notably Russia, to co-operate fully.
Posted: December 1, 2016
UAE. The patented technology was designed in particular to enable grid-connected wind farms to effectively ride through all types of grid faults.
Posted: December 1, 2016
OMAN. Company expanded its waste management services in Oman with two new contract wins for waste collection and landfilling services in Al Dhakhiliya and Dhofar regions.
Posted: November 30, 2016
SAUDI ARABIA. Andrew Liveris delivers remarks reconfirming Dow's commitment to the region.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 24, 2017
UAE. Installed generation capacity in the MENA countries analysed will have to rise by almost 150GW, more than 50% on the current available capacity of 290GW, to reach a massive 440GW by 2020.
date:Posted: April 24, 2017
UAE. Number of active hospitality projects reached 1,153 as 62 projects with a combined value of US$2.5 billion were added to the list in the first quarter of 2017, according to BNC Network; GCC hospitality sector constitutes 7% of all active projects in the GCC.
date:Posted: April 23, 2017
LEBANON. latest Byblos Bank/AUB Consumer Confidence Index shows recovery in sentiment in the first three months of the year remains tentative at best.
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