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Power Construction
Samsung C&T Lands High-Voltage Direct Current Network Project in UAE
Samsung C&T’s Construction Division announced on Dec. 23 that it has signed an engineering, procurement, and construction contract for a HVDC network construct…
Power Construction
Hitachi Energy Wins UAE Sub-Sea Transmission Contract
Hitachi Energy has won a major order from Samsung C&T Corporation, one of the world’s largest engineering and construction companies, to connect ADNOC’s offsh…
Oil & Gas Trade
China’s Oil Imports in November from Saudi Arabia Fall from a Year Earlier
China’s crude oil imports from Saudi Arabia in November fell 13% from a year earlier, but the kingdom retained its ranking as the top supplier to the world’s …
Crude Oil
Nov Crude Imports from UAE Hit Record High at 1.1 mil b/d
China's crude imports from the UAE hit a record high of 4.47 million mt, or 1.09 million b/d, in November amid lower official selling prices, making it China's …
Solar Power Plant
Largest Solar-Powered Data Centre in ME & Africa Breaks Ground
The digital arm of the Dubai Electricity and Water Authority broke ground for the first phase of the largest solar-powered data centre in the Middle East and Af…
Oil Price
Saudis Foresee Oil Price Spikes from Energy Transition Efforts
Saudi Arabia’s finance minister echoed warnings from the kingdom’s oil officials that a slowdown in fossil-fuel investment globally will cause spikes in energ…
Crude Oil
Saudi Arabia Will Supply Full Volumes To Asia
Saudi Arabia will supply full contracted oil volumes to most of its buyers in Asia.
Carbon Neutral
Dubai Supreme Council of Energy Discusses 2050 Carbon Neutrality Plan
Emirate plans to derive three quarters of its total power capacity from clean sources by 2050
OPEC
UAE and Saudi Arabia Commit to Expand Co-Operation in Energy Projects
The countries also commended Opec+ for its role in stabilising the oil market.
Natural Gas
Saudi Aramco, BlackRock Sign $15.5 billion Gas Pipeline Deal
Saudi Aramco said it has signed a $15.5 billion lease and leaseback deal for its gas pipeline network with a consortium led by BlackRock Real Assets and Hassana…
Nuclear Power Plant
Nesma Signs Deal for 'Potential' Saudi Nuclear Power Plant
Leading Saudi builder Nesma & Partners has announced that it has signed a MoU with French group Bouygues Travaux Publics to implement all civil and construction…
Hydrogen Project
ENGIE, Masdar to Establish a Giga-Scale Green Hydrogen Hub in the UAE
A new $5bn strategic alliance formed between ENGIE and Masdar will aim to establish a UAE-based giga-scale green hydrogen hub that will provide a significant bo…
Hydrogen Project
Aramco Unveils Major Hydrogen Partnerships with Gaussin and Air Liquide
Saudi Arabian oil company Aramco has unveiled two agreements with French-based Air Liquide and Gaussin that will see the companies explore hydrogen technologies…
Oil Price
Saudi Arabia Hikes Oil Prices Despite Omicron Fears
Arab Light will next month sell for $0.60 more per barrel than it does this month for buyers in Asia
Oil Field
Aramco awards $10B in Contracts for Vast Jafurah Shale Gas Field Development
In late November, the Saudi Arabian Oil Company announced the start of development of the vast Jafurah unconventional gas field, the largest non-associated gas …
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