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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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Hybrid energy microgrid ideal for mines: Aggreko

Aggreko has advocated use of hybrid energy microgrid that combines renewable energy like solar and wind with energy storage and generators to create a self-sufficient resilient energy system for mines....

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Aveva opens first Aveva E3D Design Competition for users

Aveva a leader in industrial software driving digital transformation and sustainability has opened entries for its first ever Aveva E3D Design Competition. The contest invites users from across the world...

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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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Record year for MENA green bonds as issuances increase 155pc

Annual issuances of green social sustainable and sustainability-linked bonds (GSSB) in the Middle East and North Africa (MENA) hit a new record in 2023 of approximately 24 billion according to data from...

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Front End signs exclusive partnership with Crane+

Front End Limited Company a Saudi-owned firm that provides advanced products and solutions to the energy mining industrial maritime and logistics sectors has signed an exclusive deal with Crane at the...

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Adnoc to grow diversified portfolio; invest $23bn

Adnoc Abu Dhabi s state-owned oil company has been directed to grow its diversified portfolio and provide secure reliable and responsible energy to support the delivery of a just orderly and equitable...

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