Energy

Oman to expand LNG production capacity to 15.2 million tons per year with new 3.8 million ton train

LNG production trains allow the government to improve operational efficiency, maximize the use of existing facilities

ADNOC’s offshore SARB field begins AI-enabled operations, raises capacity by 25 percent

Expansion supports ADNOC’s target to increase its production capacity to 5 million barrels of oil per day by 2027

DEWA completes region’s first pilot virtual power plant project, revolutionizes energy management and sustainability

Through the virtual power plant project, DEWA has integrated over 8 DERs with a total flexibility of around 3.3 MW

Egypt signs $342 million in agreements to boost oil, gas production

Cheiron Energy to increase natural gas production from the West Burullus offshore field development project

Oil prices slide to two-month low ahead of OPEC meeting, Fed policy decisions

Brent oil futures expiring in September fell 0.2 percent to $79.63 per barrel

EWEC seeks bids to develop Madinat Zayed IPP project in Abu Dhabi

Expected to begin operations in Q3 2027, the Madinat Zayed project will provide up to 1.5 gigawatts of backup generation

UAE’s EWEC issues bids for greenfield 400-megawatt energy system in Abu Dhabi

System will support EWEC's goal of raising its solar capacity to 7.5 gigawatts by 2030

Egypt sets sights on $5 billion investment goal with India by 2027

Through renewable energy, green hydrogen, and engineering initiatives

Dubai’s Dragon Oil launches AI project to develop Egypt’s Morgan and Badri oil fields

The AI project is a significant step towards digital transformation and innovation in Egypt's oil and gas industry

Egypt to raise electrical capacity with two $700 million renewable energy projects by October

Emirati company Al Nowais will launch the solar energy project in the Aswan Governorate's Kom Ombo by October

DEWA installs over a million smart water meters in Dubai

This is further aimed at enhancing operational efficiency, managing facilities and services through smart and integrated systems

DEWA commissions 8 new electricity transmission substations worth $370 million

Projects include 89 kilometers of ground cable which enhance the efficiency of Dubai's the 132kV transmission network

Global electricity demand to grow 4 percent in 2024, highest rise since 2007: Report

Share of renewable source in global electricity supply is forecast to rise from 30 percent in 2023 to 35 percent in 2025

UAE’s DEWA invests $42.85 million in new 60-million gallon water reservoir in Lusaily

The new reservoir has been constructed adjacent to an existing reservoir with a capacity of 120 MIG of desalinated water

KEZAD invests $81.67 million in expanding natural gas network in Abu Dhabi

The new network has been developed by KEZAD Group's subsidiary, KEZAD Utilities & Facilities Management Company, in three phases

Global LNG trade rises 3.1 percent in 2023 on rising demand: Report

Exports from the three largest global LNG exporters, the U.S, Australia and Qatar, accounted for 60 percent of all LNG exports in 2023

Kuwait announces massive oil and gas discovery estimated at 3.2 billion barrels

This discovery has raised hopes of finding additional hydrocarbons to boost the country's energy resources

ADNOC Gas awards $550 million contracts to expand UAE gas infrastructure, increase customer reach

The contracts were awarded to NMDC Energy P.J.S.C and Galfar Engineering & Contracting W.L.L Emirates

Emarat, Emirates airline sign first aviation fuel supply agreement for Al Maktoum Airport

The deal is part of a longstanding three-decade partnership between Emirates and Emarat

ADNOC deploys AIQ’s RoboWell AI solution to autonomously operate wells

RoboWell delivers up to 30 percent optimization in gas lift consumption and up to a 5 percent increase in operating efficiency

OPEC maintains oil demand forecast on resilient global economic growth, air travel growth

OPEC raised its forecast for world economic growth this year to 2.9 percent from 2.8 percent

Sheikh Khaled witnesses signing ceremony for international partners joining ADNOC’s Ruwais LNG project

His Highness met with heads of global energy companies to discuss the future of the sector

DEWA’s IPWP model attracts $11.87 billion investment over 10 years

Key projects include the Mohammed bin Rashid Al Maktoum Solar Park, which aims for 5,000MW by 2030 at AED50 billion