Environment & Energy | Sunday 8 February, 2015 1:07 pm

Saudi Kayan gets more gas for making ethylene

Saudi Arabia's Oil Ministry has allocated more natural gas to Saudi Kayan Petrochemical Co for it to expand ethylene production at its petrochemical complex in Jubail, the company said on Sunday.The ministry has allocated the affiliate of Saudi Basic Industries Corporation ( SABIC ) an extra 10...

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Environment & Energy | Sunday 8 February, 2015 7:43 am

Gas crisis eases as GASCO floods Jeddah market with cylinders

The National Gas and Industrialization Company (GASCO) distributed more than 290,000 cooking gas cylinders in Jeddah in the past four days, raising its stock to 15,000 barrels, a GASCO official source said Saturday.According to an official source, the number of trucks distributing the cylinders has ...

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Environment & Energy | Wednesday 4 February, 2015 2:31 pm

Black & Veatch appointed consultant for major Jeddah desalination project

Black & Veatch has been chosen by the Saline Water Conversion Corporation (SWCC) as engineering and design consultant for the Jeddah 4 project. This major desalination scheme will augment dramatically water supply in Saudi Arabia’s second largest city. Jeddah 4 will enhance water resources for...

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Environment & Energy | Wednesday 4 February, 2015 8:10 am

TAQA and Halliburton sign JV Agreement

The Industrialization & Energy Services Company (TAQA) and Halliburton Multi-Chem recently signed a Joint Venture Agreement, with the official signing ceremony held today in the offices of TAQA in Al-Khobar, Saudi Arabia. The JV will establish an industrial complex to produce specialty chemicals...

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Environment & Energy | Tuesday 3 February, 2015 12:38 am

GE Oil & Gas Announces Key Downstream Long-Term Services Agreement with Qatar Fertiliser

GE Oil & Gas (NYSE: GE) today announced its Downstream Technology Solutions (DTS) business has been awarded a long-term service contract with Qatar Fertiliser Company QSCC (QAFCO) to help optimize the performance of the company’s fertilizer plant in Mesaieed, Qatar. QAFCO is one of the world’s...

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Environment & Energy | Monday 2 February, 2015 12:39 am

ACWA Power – First Closing of Powervest Fund

International Company for Water & Power Projects (“ACWA Power”) announced the official first closing of the Powervest Fund (“the Fund”) with commitments of c. SAR 596 million (c. USD 159 million).The Fund is domiciled in the Kingdom of Saudi Arabia (“the Kingdom” /”KSA”) and set up ...

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Environment & Energy | Thursday 29 January, 2015 3:50 pm

Saudi Arabia full year average crude production 9.6 mbpd in 2015

In a very competitive global oil market, with ample supply from non-OPEC sources, Saudi Arabia’s full year average crude production in 2015 is projected to reach 9.6 mbpd, declining slightly to 9.4 mbpd in 2016, according to the latest Quarterly Oil Market Review released by Jadwa Investment, a...

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Environment & Energy | Wednesday 28 January, 2015 7:58 am

Sadara Chemical Company and Chemie-Cluster Bayern Sign Joint Cooperation Agreement

Sadara Chemical Company (Sadara) and Chemie-Cluster Bayern GmbH (CCB) have today signed an agreement to cooperate and jointly support the development of Chemical based value chains in PlasChem Park in Jubail, Saudi Arabia. This cooperation agreement will primarily focus on the identification and...

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Environment & Energy | Wednesday 28 January, 2015 7:45 am

KSA investing billions of riyals in shale projects

American shale oil production is important for the world’s long-term energy future and Saudi Aramco has marked an additional $7 billion (SR26.25 billion) for its own shale projects, said its President and CEO Khalid Al-Falih.Aramco has already invested $3 billion (SR11.25 billion) in developing...

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Environment & Energy | Tuesday 27 January, 2015 2:12 pm

Almagar Group 3EC and Enekio Signed a Contract for Technical Cooperation

in Abu Dhabi at the World Future Energy Summit, a contract for Technical Cooperation was signed between Almagar Group Environmental Energy Engineering Consultancy 3EC and Enekio in order to develop and deploy Smart Energy Solutions for Cities and Buildings and Eco System.The document was endorsed...

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