Sunday 28 May 2017

PDO signs $35m deals with Omani firms

Petroleum Development Oman (PDO) has signed three contracts worth $35 million with Omani firms for the supply and servicing of compressors. PDO has agreed two contracts with Bin Salim Enterprises for the supply of instrument air compressor packages and the maintenance and repair


Omani warehouses, industrial units urged to install solar panel

All warehouses and industrial units in Oman should install solar panels to run their operations, and achieve self-sufficiency in energy generation, said a senior Omani ministry official. All factories coming up in Samayil and Nizwa, along with the ministry’s expansions in S


Saudi Electricity inks $1.46bn projects deal

Saudi Electricity Company (SEC) has finalised implementation and operation of a number of electric transmission and interconnection projects in the northern regions of the kingdom at a total cost of SR5.5 billion ($1.46 billion). They included six plants for transmitting electric


Abu Dhabi launches $870m solar power plant

Abu Dhabi has launched a Dh3.2 billion ($870 million) project to build the world's largest independent solar power plant, which will position the emirate as the global capital for best economic, environmental and technological practices. A ceremony was held on Wednesday to la


Bahri hosts crew conference in Manila

Bahri Ship Management, a business unit within Bahri, recently organised its 11th annual crew conference to provide its crewmembers with an opportunity to learn more about the latest industry developments from experts and share knowledge and experiences. National Shipping Company


DMCA shares experience with Ajman tourism team

Dubai Maritime City Authority (DMCA), the government authority of the maritime sector in Dubai, today (May 24) hosted a high-level delegation from the Ajman Tourism Development Department (ATDD), to discuss experience on maritime sector.   The meeting was a part of its effort


Topaz revenue down 25pc in Q1

Dubai-based Topaz Energy and Marine, a leading international offshore support vessel company, has posted a revenue of $58.2 million for the three months ended March 31, 2017, down 25 per cent compared to $77.7 million for the same period last year. The company also reported EBITD


Top experts attend Siemens Digitalization Roadshow

A total of 125 leaders from the public, private and education sectors addressed the challenges and opportunities presented by digitalisation for Middle East businesses at the Siemens Digitalization Roadshow, which was held in Abu Dhabi, UAE. The roadshow was opened by Dr Ahmad Be


Agility reaches conditional settlement in US case

Agility, a leading global logistics provider, has announced a settlement in the criminal case involving the US government food-supply contracts that the company held from 2003 to 2010 (the “Prime Vendor Contracts”). In the criminal portion of the case, Agility agreed


Honeywell freight solution provides real-time information

Honeywell has announced a new Connected Freight solution that gives shippers and logistics companies the ability to monitor shipments of high-value and perishable goods, helping prevent costly damage and loss. The new solution, developed in collaboration with Intel and third-part

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