Middle East

Falling costs, driven by innovation in technology and policy, is spurring renewable energy deployment and with it a myriad of socioeconomic benefits, according to the new comprehensive…
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Petrofac has secured a contract worth US$75 million from South Oil Company (SOC) for its Iraq Crude Oil Export Expansion Project (ICOEEP). The one-year contract, with a one-year option,…
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Abu Dhabi Fund for Development (ADFD), Abu Dhabi’s national independent entity, has signed an USD 15 million concessionary loan agreement for the development of an innovative new hybrid…
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Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) have identified four renewable energy projects in developing countries in the Pacific and…
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Enel S.p.A. and Saudi Arabian utility Saudi Electricity Company (SEC) have signed a Framework Agreement for cooperation in power distribution sector which will see the two companies…
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Genie Energy Ltd. is establishing Atid Drilling Ltd., (Atid), an onshore drilling services venture based in Israel.  Atid will pursue drilling opportunities for clients in a variety of…
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Petrofac has signed a contract worth close to US$600 million with Salalah LPG SFZCO LLC (SLPG), wholly owned subsidiary of Oman Oil Facilities Development Company LLC (OOFDC), to…
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Plexus has been awarded an order for a second well from Masirah Oil, a BVI based company majority owned by technology driven oil and gas company REX International. The new contract…
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Dubai Electricity and Water Authority (DEWA) has confirmed that 80% of the second phase of the Mohammed bin Rashid Al Maktoum Solar Park is complete, as of mid-December. The Mohammed…
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Executives from Saudi Aramco and General Electric gathered in Dhahran recently to celebrate the delivery of the first wind turbine in Saudi Arabia, marking a historic milestone for…
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