Siemens Gamesa Renewable Energy, through its fully owned subsidiary Adwen France SAS, plans to deliver its 8 MW offshore wind turbine, the D8, for two projects off the French coast for a total of almost 1 GW.

The direct drive wind turbine will replace Adwen’s AD8 model following Siemens Gamesa’s decision to focus its sales efforts on one 8MW platform. As a result, the manufacturing of the AD8 will be discontinued while further developments of the technology will be part of the company’s comprehensive"...

UK-based surveillance solutions business Synectics has secured multiple contracts for onshore and offshore oil and gas developments, spanning Egypt, Saudi Arabia, the UAE and Iran.

Encompassing a broad mix of Synectics’ surveillance and security management solutions, the contracts will see the business deploy over 700 COEX camera stations across the Middle East region – in a number of cases incorporating new, customer-led feature developments.

Off the Egyptian coast, Synectics will be"...

Saudi Arabia is considering a plan to phase out subsidies for gasoline and jet fuel in November at the latest, as the world’s biggest oil exporter pushes a program to curtail spending after a global slump in prices.

The government would boost gasoline to parity with varying international prices under the plan, according to a person with knowledge of the matter. At current levels, this could result in a hike of about 80 percent for octane-91 grade gasoline to about 1.35 riyals per litre (0.36 cents), the"...

Sadara Chemical Company (Sadara) has begun full commercial operations at its $20 billion complex at Jubail Industrial City II in Saudi Arabia's Eastern Province.

The complex has been under design and construction for a decade and its construction comprised scores of different contract packages.

It"...

The Gaza Strip Electricity Company on Saturday morning re-operated two main generators at Gaza's sole power plant following the entry of Egyptian fuel supplies into the besieged enclave.

The Company announced that based on the current distribution schedule electricity will be provided for 4 hours followed by 16 hours of blackout.

The Company said in a statement that"...

Grandweld Shipyards has secured a contract to design, Construct and deliver four crew boats and six pilot boats for Kuwait Oil Company. The contract was signed on May, 2017 by Mr. Ismail Abdulla, Deputy Chief Executive Officer of Kuwait Oil Company, and Mr. Jamal Abki, General Manager of Grandweld Shipyards.

The 25meter long Aluminum fast crew boats, with a deck area of 40 square meters will be propelled"...

Globally, the move towards low carbon economies and non-carbon emitting sources has transformed social and political discourse. Across the value chain, national and international policy developments and commitments are transforming how we think about natural resources and our personal consumption.

In the UAE, millions sit comfortably in their cars and wait until their tanks are full of gas while coffee is served – service par excellence! Yet,"...

Saudi Arabia is preparing contingency plans for a possible delay to the initial public offering of its state-owned oil company by a few months into 2019, according to people familiar with the matter.

While the government is still aiming for a Saudi Aramco IPO in the second half of next year, that timetable is increasingly tight for what’s likely to be the biggest share sale in history, the people said, asking not to be named discussing internal"...

Governments have agreed to work together to identify and implement measures that will increase the speed of geothermal energy development, following a meeting between public and private leaders in Florence, Italy this week.

Under the terms of the ‘Florence Declaration’ – an outcome of the Global Geothermal Alliance (GGA) meeting – governments will actively pursue a collective ambition to realise geothermal potential.

The meeting, entitled: ‘Working Together to Promote"...