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Middle east
Power Cable
Prysmian to Work on First Middle East Subsea Transmission System
Prysmian has entered into a Limited Notice to Proceed for the supply of power cables for what is said to be the first-of-its-kind high-voltage, direct current s…
Crude Oil
Saudi Arabia may Set Deep Crude Price Cuts for Asia in February
Top oil exporter Saudi Arabia may implement deep price cuts for the crude it sells to Asia in February after Middle East benchmarks and spot prices slumped this…
Power Cable
Jan De Nul Lands Its Biggest Cable Deal for $3.6bln Middle Eastern Project
Jan De Nul and Samsung C&T consortium has secured a contract, regarded as the biggest cable installation contract in Jan De Nul’s history, to deliver an HVDC c…
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…
Crude Oil
Saudi Arabia May Raise January Oil Prices to Asia
Top oil exporter Saudi Arabia may raise crude prices for Asia in January following large gains in the Middle East spot market last month
Electric Car
Lucid Motors Plans Factory in China
On Tuesday EST, Peter Rawlinson, CEO of Lucid Motors, an American electric vehicle company, told CNBC that the company is planning to build factories in the Mid…
Energy-Eficient Building
Saudi Startup Joins in National Efforts Promote Green Building
As global leaders converge at the Middle East Green Initiative Summit on Oct. 25, the focus will be on new ideas and proposals to replace the wasteful and pollu…
Oil & Gas Trade
Middle East Oil Exporters To See Fast Economic Growth In 2022
The six major Middle Eastern oil and gas producers part of the Gulf Cooperation Council are set to book faster economic growth in 2022 than previously expected,…
HVDC
First-Ever Large-Scale HVDC Interconnection to Be Bulit in the Middle East and North Africa
The groundbreaking intercontinental link will enable the Kingdom of Saudi Arabia and the Arab Republic of Egypt to exchange electricity, increase grid resilienc…
HVDC
Hitachi ABB Power Grids Consortium Awarded Contract for First Ever Large-scale HVDC Interconnection in Middle East and North Africa
Hitachi ABB Power Grids has announced that it is the lead in a consortium that has been awarded a major contract for the first ever large-scale HVDC interconnec…
Hydrogen Project
Japan Says Saudi Arabia Important Partner in Creating Hydrogen-Based Society
Japan is aware that Saudi Arabia and other Middle Eastern countries are important partners in founding a hydrogen-based society.
China
PetroChina, Hengli Win four Cargoes in First China Oil Reserve Sale
The prices were lower than the spot market as Middle East crude benchmark Dubai was at $74.09 a barrel on Thursday.
Carbon Emissions
Saudi Arabia to Launch Emissions Exchange
Saudi Arabia has announced plans to launch a voluntary trading platform for carbon offsets and credits in the Middle East and North Africa region.
Wind Farm
Largest Wind Farm in the Middle East Produces Electricity
Dumat Al Jandal, the largest wind farm in the Middle East, has been successfully connected to the grid in Saudi Arabia and has started producing electricity to …
Market Analysis
Middle East Stalls Conventional Power Contracts in Favour of Renewables
Renewable energy project contract awards in 2021 have eclipsed deals for conventional power plant projects in the Middle East as the region’s energy diversific…
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