South Korea | Egypt Oil & Gas - Part 6

Iran’s Siraf Refinery Targets Asia, Draws European Attention

“Asia is the center of gravity for oil and all the incremental demand will come from Asia. We are expecting to ship more than 50% of our products to Asia,” said CEO of Siraf Refineries Infrastructure Compa...

South Korean, Chinese Help for Oman’s Gas-Fired Power Plants

South Korean conglomerate Doosan Heavy Industries and Construction Company has won a contract to supply steam turbines and generators for a new Independent Power Project (IPP), reported the Oman Daily Observer. Doosan...

French Veolia Wins Evaporator-Crystallizer Contract in Iraq

French-based Veolia Water Technologies has been awarded a contract to supply a zero liquid discharge evaporator and crystallizer for the Karbala Refinery Project in Iraq, reported Trade Arabia. The deal was awarded by...

SABIC Optimizing for Global PetroChem Competitiveness

Sabic announced it is undertaking a global transformation aimed at creating a more agile, cost-efficient, and customer-focused organisation that meets their needs more effectively, reported Trade Arabia. The company’s...

Iran Tempts Foreign Investors with Electricity Exports

Iran’s Deputy Energy Minister Alireza Daemi announced that the Iranian government will now allow foreign companies to export part of the electricity which they generate in the country, reported Press TV. He was ...

South Africa Nuclear Secrets Exposed by Opposition

The Democratic Alliance (DA) opposition party in South Africa is questioning the Treasury and the Department of Energy after it learned that a National Treasury official received training in nuclear finance at a cost ...

Oman has 30% Stake in Asia’s Largest Environment-Friendly Power Plant

Oman Oil Co’s (OOC) venture in South Korea’s power generation sector, GS EPS Co Ltd, has officially inaugurated the largest biomass power plant in Asia, reported Trade Arabia. OOC has a 30% stake in the venture and th...

UAE Progressing Towards Nuclear Power with IAEA Help

The Emirates Nuclear Energy Corporation (Enec) announced the installation of its Unit 2 Steam Generators (SGs) at the Barakah Nuclear Power Plant (Barakah NPP), reported Trade Arabia. The SG units are made of stainles...

Consortium of Iranian, Korean and Indian Firms to Build Energy Park

Trade Arabia reported that a group of Iranian, Indian and South Korean companies plan to establish an energy park in Iran’s Khuzestan province. Investments for the project total in at $10b and will generate 1,000 mega...

Iran Welcomes South Koreans, Has Mixed Feelings over US Firms

According to Reuters South Korean government and corporate officials are visiting Iran to take advantage of the full removal of sanctions. “We plan to highlight the capability of our firms for major projects wit...

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