Home » Energy You are browsing entries filed in “Energy”

Oman: Japanese-Omani consortium wins contract to build 100MW solar plant

A joint Japanese-Omani venture will build a 100 megawatt (MW) solar photovoltaic independent power producer (IPP) project in Oman. Marubeni Corporation from Japan (lead founder) won the bidding process with Omani company Bahwan Renewable Energy Company and Modern Channels Services. The consortium, according to the contract will design, procure, construct, commission, finance, operate and maintain […]

November 1st, 2018 | Posted in Energy,Headlines | Read More »

Oman: Galfar to carry out Duqm Refinery procurement and construction works

Galfar Engineering and Contracting will carry out Refinery procurement and construction (EPC) works at Duqm Refinery after project owners, Petrofac-Samsung JV, have picked the Omani company for the job. Operation will cost $50.6 million. The subcontract defines Galfar as for EPC building works at the refinery; packages One and Three. The project will be completed […]

October 25th, 2018 | Posted in Energy,Headlines | Read More »

KSA: Ma’aden assigns Korea’s Daelim to build phosphate fertilizer processing plant for $892m

The Saudi Ma’aden (Arabian Mining Company) has picked South Korea’s Daelim Industrial Company to build the first plant of its phosphate complex (Phosphate 3) for a $892 million investment. The agreement signed between the two entities will tussle the kingdom upon completion of the entire project into the global leadership of phosphate fertilizer market, said […]

October 25th, 2018 | Posted in Energy,Headlines | Read More »

Khashoggi affair: Riyadh puts aside use of oil embargo against the US

Saudi Energy Minister Monday told Russian news agency TASS that the kingdom will not use oil embargo as it did in 1973 to ward off international pressure and demands of sanctions against it in the case of dissident journalist Jamal Khashoggi. Pressure is actually increasing on Saudi Arabia over the death of critical journalist Jamal […]

October 22nd, 2018 | Posted in Energy,Gulf News,Headlines,World News | Read More »

Oman: Plans for second largest solar plant of 1 GW unveiled

Oman’s Power and Water Procurement Company (OPWP) has announced plans to build the sultanate’s second largest solar project with a 1 GW capacity and has set commercial launch for 2022. The future project will be located in the Dhahirah governorate and first supply for utility is expected for 2022. The project dubbed Solar 2022 IPP […]

October 9th, 2018 | Posted in Energy,Headlines | Read More »

KSA: $200bn solar project with SoftBank Group cancelled

The Saudi kingdom has scrapped plan to build a solar farm with Japan’s SoftBank Group for a total investment of $200 billion, the Wall Street Journal (WSJ) has reported. The project announced in March has short-lived. WSJ, citing Saudi official sources, Sunday said it will no longer go ahead. No one is actively working on […]

October 1st, 2018 | Posted in Energy,Headlines | Read More »

Qatar: Nebra Power acquires 75 % of Dutch Zon Exploitatie Nederlands Holding

Netherlands-based Nebras Power Investment Management B.V. (NPIM), an affiliate of Doha-based Nebra Power company, Sunday signed a binding deal for the acquisition of 75 % of shares of Dutch leader in sustainable energy producer, Zon Exploitatie Nederland Holding (Zen), reports say. The deal, signed in Doha, enables the Nebras to access the attractive and fast-growing […]

September 17th, 2018 | Posted in Energy,Headlines | Read More »

KSA: Plan for Aramco listing will go ahead

Saudi Energy minister Thursday insisted that the Initial Public Offer (IPO) of the kingdom’s giant company Aramco is still on the agenda, following reports that authorities have scrapped the plan. “The government remains committed to the initial public offering of Saudi Aramco, in accordance with the appropriate circumstances and appropriate time chosen by the Government,” […]

August 23rd, 2018 | Posted in Energy,Gulf News,Headlines | Read More »

KSA Vs Canada: Riyadh to maintain oil supply to Ottawa

Saudi Arabia Wednesday said it will continue supplying oil to clients in Canada despite ongoing diplomatic crisis in which Riyadh said will not accept mediation. The Saudi Energy Minister Khalid al-Falih said oil delivery to clients will not be affect despite the kingdom Sunday decision freezing trade and transaction with Canada. “The current diplomatic crisis […]

August 9th, 2018 | Posted in Energy,Headlines | Read More »

EU-funded photovoltaic solar field to increase output of Gaza desalination plant

The European Union has completed this week the biggest photovoltaic solar field in Gaza that will provide 0.5 Megawatts of electricity per day to fuel the Southern Gaza Desalination Plant. The EU-funded Southern Gaza Desalination Plant currently provides drinking water to 75,000 inhabitants in the Khan Younis and Rafah governorates. With the new energy field […]

August 4th, 2018 | Posted in Energy,Headlines,World News | Read More »