Kuwait to get nine new oil tankers in 2014 and 2015
Kuwait Oil Tanker Co ( KOTC ) expects to receive a total of nine new tankers from South Korean companies...
Energy
Iraq oil exports up to 2.516 million bpd in July
Iraq's oil exports rose to 2.516 million barrels per day (bpd) on average in July compared with 2.403 million bpd...
Saudi oil revenue rises by 48%
Saudi Arabia’s revenue from exports of crude oil and other petroleum products jumped 48 percent in 2011 as shipment volumes...
French Total signs deal in Kurdistan region of Iraq
French energy giant Total said it had signed an oil exploration deal in the Kurdistan region in Iraq's north, a...
Swiss power group ABB wins US$ 100 million Oman power plant deal
ABB, the Swiss-based power and technology group, has won a contract worth over US$ 100 million to build a new...
Spain’s Tecnicas Reunidas wins US$ 800 million Saudi power plant deal
Spanish oil engineering company Tecnicas Reunidas announced that it has signed a US$ 800 million contract to build part of...
QSTEC and Kahramaa sign MOU to distribute solar power in Qatar in the future
Qatar Solar Technologies (QSTec) committed to supporting Kahramaa with the future distribution of solar energy by signing a Memorandum of...
ABB wins $100m Oman gas plant deal
Swiss firm to build gas condensate processing plant at Saih Nihayda field Switzerland’s ABB has won a contract worth...
Council of Ministers Approves New Plan for Solar Street Lighting Systems
Based on the request of the Ministry of Energy and Water, the Lebanese Government approved a new plan for the...
GCC investing over USD100b in water projects by 2016
A recent report by Ventures Middle East expected GCC governments to invest over USD100 billion in the water sector between...
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