Oil And Gas

16 May 2013

Forbes ranks TAQA top UAE energy company, 2nd energy company in Arab World

The award was presented to TAQA's Executive Officer and Head of Energy Solutions division, Dr Saif Al Sayari by UAE Minister for Culture, Youth & Community Development, H.E. Sheikh Nahayan Mabarak Al Nahayan during the 's Top 500 Companies in the Arab World awards ceremony in Abu Dhabi yesterday.

Dr Saif Al Sayari, TAQA's Executive Officer and Head...

16 May 2013

RAK Petroleum shareholders approve proposed restructuring

The proposed restructuring includes the transfer of substantially all of the Company's assets to a newly formed Dutch company that will be owned by a newly formed UK company in exchange for shares of the UK company. Shares in the UK company will then be issued on a pro rata basis directly to the Company's shareholders as a return of capital.

The assets...

13 May 2013

Total Egypt signs landmark deal with EATc to become Volkswagen's exclusive lubricants supplier

Under the terms of the arrangement, Total Egypt will also provide technical support to EATc to ensure the reliable and stable delivery of their products range to all local branches.

Mr. Thomas Rebeyrol, CEO of Total Egypt commented: "This is a significant contract for Total Egypt which emphasizes the strength of our operations in the country, as well...

09 May 2013

Atlas strengthens its position in Abu Dhabi with appointment of CERT as its new partner

Atlas has expanded rapidly over the last three years in Abu Dhabi and the Middle East, due to its focus on delivering skills, competency and compliance solutions, through innovative learning technologies. The International Minimum Industry Safety Training (IMIST) online programme for example, has now been launched in Abu Dhabi and across the region and is making...

08 May 2013

Shell discusses future of energy at International Energy Forum in Riyadh

Called "New Lens Scenarios", the Shell outlook developed by a group of economic, political and energy experts explores different views of how the future might unfold to improve our understanding of the world's energy system in an era of shifting global dynamics.

"The global financial crisis has ushered in an era of macro-economic volatility and has accelerated...

28 Apr 2013

Egyptian-Saudi petrochemical investments worth USD 10bn

In statements to a Saudi newspaper, Egyptian Minister of Petroleum and Mineral Resources Osama Kamal said that some petrochemical projects are expected to be established between the Saudi Basic Industries Corporation (SABIC)"...

18 Apr 2013

Masdar Launches Africa’s Largest Solar PV Plant

Masdar, Abu Dhabi’s renewable energy company, today launched an US$31.99 million utility-scale, 15-megawatt solar photovoltaic (PV) power plant in the Islamic Republic of Mauritania. The Sheikh Zayed Solar Power Plant is located in the"...

17 Apr 2013

Faces announces “Wojooh Jamalek” competition A reality TV show to find the next Faces makeup star

In its continuous quest for passion, and seeking to empower new talents, Faces brings innovation again to the beauty scene by announcing the launch of “Wojooh Jamalek”, a competition under the form of a TV reality show, in collaboration with MBC1’s “Sabah Al Khayr"...

13 Apr 2013

Petrochemical Conversion Company Announces Successful Delivery of Four Process Modules for its World-Scale Nylon Plant in Al-Jubail

Petrochemical Conversion Company Ltd. (PCC) announced the successful transport of four process modules to the Port of Jubail in the Kingdom of Saudi Arabia for the company’s new world-scale nylon 6,6 plant in Al-Jubail. The nylon 6,6 plant, part of PCC’s Nylon and Downstream"...