Energy companies to test CO2 capture in Brazil undersea oil field
PARIS, FRANCE - A consortium of Brazilian, British, French and Chinese energy firms will test new technology aimed at capturing CO2 in an undersea oilfield off Brazil in an effort to reduce emissions, TotalEnergies said on Monday.The pilot unit will separate oil from CO2-rich natural gas at the bottom of the...
4 bids for Al Ajban power project
There will be a process to select the best proposal.Toshiba accepts $15bn buyout bid
The acceptance follows years of turmoil for the company.
Ma’aden, Barrick Gold alliance get license to explore mining site in Saudi Arabia
Saudi Arabia's Ministry of Industry and Mineral Resources announced that Saudi Arabian Mining Company Ma'aden and Barrick Gold Ltd alliance have obtained a license to explore the mining site of Umm al-Damar.
Boehly consortium to buy Chelsea for record $5.2bn
Chelsea confirmed on Saturday that a consortium led by LA Dodgers co-owner Todd Boehly has won the battle to buy the Premier League club in a £4.25 billion ($5.2 billion) deal.Zain Group to sell tower infrastructure
PIF-led consortium to buy 80 percent stake in 8,069 towers.Masdar joins consortium to build solar power facilities in Indonesia
Masdar will be joining a consortium that will develop solar photovoltaic facilities with a capacity of about 1.2 gigawatts and associated storage in Indonesia for the export of solar power to Singapore. In this connection, Masdar said, it has signed a Memorandum of Understanding with Singapore’s Tuas Power, France’s EDF...
Aldar-ADQ grp to buy SODIC share
The Abu Dhabi based consortium will focus on identifying growth opportunities and guiding the company’s long-term strategy.
Aramco lands $15.5bn Blackrock deal
The deal creates the Aramco Gas Pipelines Company.
Saudi-owned Newcastle begin bid for ‘superpower’ status
Thousands descended on St James' Park when the takeover was finalised just over a week ago, celebrating the end of Mike Ashley's miserable 14-year reign as owner, as well as the potential of becoming one of the most powerful clubs in Europe.
Egypt ties up with Japan, France to build 500 MW wind farm
A consortium of companies has signed a 20-year deal with the Egyptian Electricity Transmission Company (EETC) to develop, construct and operate a 500 MW wind farm in Ras Ghareb.
Oman to get green ammonia plant at Salalah
The new project, named SalalaH2, will target the production of up to 1,000 tons per day of green ammonia.Japanese-French consortium to operate Dubai Metro now
The change in operators coincided with the 12th anniversary of Dubai Metro, which started operation on September 9, 2009.
UAE-led consortium gets $250m for gas plant in deal with DFC
The consortium, called Pearl Petroleum Company Limited, is led by Dana Gas and Crescent Petroleum, both of which are from the UAE. The development will help in meeting the rising demand for clean natural gas for electricity generation and industry in the KRI.Egypt taps consortium for $6bn high-speed rail line
The consortium consists of Siemens Mobility, Arab Contractors, and Orascom Construction. Egypt’s National Authority for Tunnels has chosen the consortium to design, install and maintain the rail line.
Middle East’s largest wind farm produces first carbon-free MWh
The project, Saudi Arabia's first, is being developed by leading renewable energy companies EDF Renewable and Masdar.Work in full swing on $206m Bahrain wastewater plant
The project is being implemented by a consortium Once completed, it will have daily flow capacity of 400k cu m Work on the fourth phase of Bahrain’s Tubli Wastewater Plant Expansion project is progressing at full swing, authorities have said. Being implemented by the consortium of WTE Wassertechnik, Azmeel Contracting...
