UAE-based National Petroleum Construction Company wins $98mln deal for wind farm project in Taiwan

UAE and Abu Dhabi-based National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company (NMDC), has secured a deal worth 363 million dirhams ($98.8 million) for a wind farm project in Taiwan, Zawya reports according to a disclosure Read more

Morocco’s King condemns attacks on Saudi oil facilities as subversive and terrorist acts

King Mohammed VI of Morocco has vehemently condemned the repeated attacks on Saudi oil storage facilities as subversive and terrorist acts against vital and civilian facilities in Saudi Arabia. This came in a message of solidarity king Mohammed VI addressed Read more

Egypt’s state-run energy company to purchase wind energy of 1,100 megawatts from Saudi Arabia’s ACWA Power

The Egyptian Electricity Transmission Co., EETC, will sign a purchase deal with Saudi Arabia’s ACWA Power for wind energy of 1,100 megawatts, Zawya reports. EETC, the media notes citing sources, the project would cost over $1.2 billion and would be Read more

Qatar’s QEWC acquires 24 per cent in Bangladesh power company

Public utility Qatar Electricity and Water Company (QEWC) has acquired a 24 percent equity stake in Unique Meghnaghat Power Ltd. in Bangladesh through its subsidiary, Nebras Power Investment Management B.V., Zawya reports. QEWC did not disclose the value of the Read more