UAE | Egypt Oil & Gas - Part 39

UAE Signed LNG Import MoU with Uniper

The  state-owned oil company, Sharjah National Oil Corporation (SNOC)  and Germany’s Uniper SE have signed a memorandum of understanding (MoU) targeting the importation of liquefied natural gas (LNG) into the Po...

Dubai to Generate 22MW Solar Power at Jafza

Dubai based DP World commissioned the installation of 88,000 solar rooftop photovoltaic (PV) panels on its facilities. Phase one of the initiative is expected to completed by 2017 with a peak power production capacity...

Abu Dhabi to Expand Solar Plant to 1GW

United Arab Emirates’ Abu Dhabi Water and Electricity Company (ADWEC) to expand its Solar PV independent power project at Sweihan to 1GW after six pre-qualified bidder consortia has submitted proposals, with the...

Oman, Iran LNG Pipeline to Cost $1.5b

A planned sub-sea natural gas pipeline to link Iran and Oman is expected to reach a higher estimated cost of $1-1.5b after the two countries had to change the project’s route and design to avoid waters controlle...

Dana Gas to Discuss $700m Debt Mix

Dana Gas PJSC, a producer of natural gas in Egypt, Iraq and the United Arab Emirates, may seek to roll over part of the $700m Islamic bonds maturing next year. The company’s CEO, Patrick Allman-Ward, said that the fir...

Abu Dhabi Received First FSRU Vessel

Abu Dhabi Gas Industries Limited (GASCO), a joint venture between Abu Dhabi National Oil Company (ADNOC) and European multinationals Shell and Total, has received its first Floating Storage and Regasification Unit (FS...

Kuwait Plans to Raise Gasoline Prices

Kuwait plans to raise the prices of gasoline to 73% by September in light of the oil price decline affecting the energy-rich Gulf state’s finances, Reuters reported. The price for the ultra gasoline grade would increa...

UAE: ENEC’s Nuclear Plant Crosses 65% of Completion

The Emirates Nuclear Energy Cooperation (ENEC) is moving forward with the completion of the country’s first nuclear plant, with the successful installation of Unit 3 Reactor Vessel (RV) at Barakah, Trade Arabia announ...

Indian Firm to Open Oil Distillation Plant in UAE

India’s Radiant Group, an expert in oil distillation process, is set to build its new factory at the Hamriyah Free Zone, Sharjah, in the UAE, at an investment of $10m. The 60,000 metric-ton-capacity oil distillation p...

Oman Shipped First Crude from Musandam Plant

Marsol International, a UAE-based global marine solutions provider focused on the offshore oil terminal market and related infrastructure, has successfully supported Oman Oil Company Exploration & Production LLC’s...

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