Global renewable power capacity additions clocked 473 gigawatts (GW) in 2023 reaching a record total of 3 870 GW as renewables accounted for 86% of the new capacity with growth unevenly distributed across...

Nabors a leading provider of advanced technology for the energy industry was recently awarded a four-rig contract by Sonatrach Division Forage in Algeria and has started operations in the first quarter...

Sharakah Oman s leading SME development firm has signed a Memorandum of Understanding (MoU) with the Oman Energy Association (OPAL) to support the development of youth projects in Oman. The agreement was...

The Emirates Nuclear Energy Corporation (Enec) has signed a MoU with General Atomics a leading US advanced technology solutions company to collaborate on using advanced technologies and materials for nuclear...

Abu Dhabi Future Energy Company Masdar has signed a definitive agreement to acquire a 50% stake in Terra-Gen Power Holdings II from Energy Capital Partners (ECP). ECP a leading investor across energy transition...

The UAE s Ministry of Energy and Infrastructure (MOEI) and Lootah Biofuels a leading circular economy pioneer producing biofuel from cooking oil in the UAE have signed a Memorandum of Understanding to...

Saudi Arabia-based investment group Energy Capital Group (ECG) has completed the acquisition of Aujan Industrial Solutions (AIS) a leading provider of solutions to the oil and gas petrochemical metals...

Adnoc Drilling Company has received shareholder approval for its final cash dividend for the year ending December 31 2023. The final approved dividend is 358 million bringing the total dividend to 717...

Bureau Veritas (BV) a global leader in testing inspection and certification (TIC) has awarded the Dutch-Norwegian renewable energy firm SolarDuck the world s first Prototype Certification for a floating...

Increased investments in the oil industry is needed to meet global energy demands and sustain economic growth Haitham Al Ghais Secretary General of the Organisation of the Petroleum Exporting Countries...

QatarEnergy has signed time-charter party (TCP) agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25 conventional-size LNG vessels. This is part of the second ship-owner...

Energoprojekt Entel an international consultant specialising in engineering design and project management services with headquarters in Belgrade Serbia has emerged as the lowest bidder - with a price of...

The global goal of triple renewable power capacity by 2030 set at COP28 is contingent on creating favorable conditions for growth which is technically and economically feasible but necessitates determination...

Adnoc has signed a 15-year Heads of Agreement (LNG agreement) with SEFE Marketing & Trading Singapore a subsidiary of Germany s SEFE Securing Energy for Europe for the delivery of 1 million metric tonnes...

Bapco Refining a wholly-owned subsidiary of Bapco Energies the integrated energy company leading the energy transition in Bahrain said it has received the GCC authorised economic operator (AEO) certificate...

Adnoc has issued a Limited Notice to Proceed (LNTP) for early engineering procurement and construction (EPC) activities to a joint venture led by Technip Energies with JGC Corporation and National Petroleum...