Bahri announces that one of its VLCCs had an incident on Wednesday 25/07/2018 while sailing in the Red Sea. The VLCC suffered minor damage and no human injuries or environmental damage have been reported.
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The Saudi Arabia’s Ministry of Environment, Water and Agriculture has banned a series of practices deemed brutal to animals.
The ban is based on the GCC Animal Welfare Act endorsed by Saudi Arabia, and was approved in Royal Decree No. (M / 44).
It includes a list of restricted...
For almost 40 years, the Saudi Electricity Company [SEC] and GE have partnered together to advance the Kingdom’s power generation sector, develop the capabilities of talented local employees and youth, and bring about a fundamental change to the sector, driven by industry-leading...
SABIC represented the Saudi private sector as part of a national delegation, led by the Ministry of Economy and Planning, to the High-Level Political Forum (HLPF) on Sustainable Development at the UN headquarters in New York last July 9 to 18. The HLPF is the main United Nations platform on...
Egypt said on Saturday it was raising the price of natural gas for home and commercial use by up to 75 percent, the latest move in an IMF-backed austerity program that has left many Egyptians struggling to make ends meet.
The increases follow hikes to fuel, electricity and public transport prices...
The Abu Dhabi National Oil Company, ADNOC, has awarded contracts worth AED 5.88bn (US $1.6bn) for the world’s largest continuous 3D onshore and offshore seismic survey, covering an area up to 53,000 square kilometres, as the company continues to identify and unlock new opportunities and...
A potential deal to buy a stake in petrochemical maker SABIC would affect the time frame of Saudi Aramco's initial public offering (IPO), the oil firm's president and CEO Amin H. Nasser said Friday.
The IPO of around 5 percent of Aramco, which was initially to take place this...
SOME 2.5 million smart electronic meters will be installed in the coming three years in the residential, commercial and industrial sectors. This is part of a contract awarded by Saudi Electricity Company (SEC) to a national company on Wednesday, Saudi Press Agency (SPA) said.
The first stage is...
As renewable energy sources continue their global success story, the demand for integrating them into the current energy and industry landscape has seen a sharp rise in Saudi Arabia. thyssenkrupp now offers a key technology for renewables integration: industrial scale water electrolysis for large...
AlMansoori Specialized Engineering, the leader in oilfield services in the Middle East, has successfully contributed to the Early Oil Pilot Scheme (EOPS) launch leading to Kenya’s first oil production and export programme by providing facilities for the landmark...