News / International
Tanzania Attracts Investors over Gas-to-Power Project
Several potential investors have shown strong interest in 600 MW gas-to-power project in Mtwara, Tanzania, run by a US-based Company, Symbion Power.
Ducab Hired for Offshore Abu Dhabi Project
Ducab, a leading manufacturer of high-quality cables and cabling products, has partnered with Jopetwil Industrial Company, a subsidiary of UAE-based Control Contracting and Trading Company (CCTC), to launch its first marine offshore project in Abu Dhabi.
Iran Signs $21b Export Deals with Russia
Iran has signed export deals with Russia worth $21b including production and procurement of satellite-related equipment and Superjets.
Kuwait Lifting Fuel Subsidies, Adopting Tax Reform
Kuwait's government has decided to lift fuel subsidies and apply new water and electricity consumption prices, postponing an official announcement, until the Ministry of Commerce and Industry designs an effective plan to monitor prices amid fears of inflation.
TSK, Enviromena Win $128m Solar Project Contract in Jordan
TSK Group, a Spanish EPC contractor, and Enviromena Power Systems, a UAE-based international solar photovoltaic integrator have been awarded a $128m contract to build a 103 MW solar photovoltaic (PV) power plant in Jordan’s southern region of Al Quweira.
Turkey-Israel Rapprochement Targets Mediterranean Gas
Turkey and Israel have outlined contours of a long-delayed deal to repair their diplomatic ties after a five-year rift, paving the way for a bilateral agreement on Mediterranean gas pipeline.
Shell May Be Held Liable for 2008 Nigeria Oil Spills
A Dutch appeals court ruled that Royal Dutch Shell may be held liable for 2008 oil spills at its subsidiary in Nigeria, potentially opening the way for other compensation claims against multinationals in the Niger Delta.
Iran Announces Post-Sanction ENI Drilling Project
The National Iranian Drilling Company (NIDC) announced it had signed a memorandum of understanding (MoU) with the subsidiaries of the Italian Company ENI to launch drilling of 40 wells in the South Azadegan oilfield.
