GE and Aksa Energy, the largest publicly listed global power producer headquartered in Turkey, announced the signature of the contract for the supply of two highly-efficient GE 6F.03 gas turbines;
"To power Aksa Energy’s new combined heat and power plant in the Kyzylorda region of Kazakhstan," said the report.
The report shows that most hydropower potential lies in developing countries and that financing institutions need to work together with governments to overcome local risks and limitations and funnel much-needed investment into these regions and countries.
According to the report, current trends in the power sector have prompted changes in the role of hydropower, creating a need to adjust the way these assets are designed, operated, and maintained, according to a new report by the International Renewable Energy Agency (IRENA).
A report says DNV, the independent energy expert and assurance provider, is launching a JIP.
To develop a decision tool and reference that can be used by all stakeholders during the specification, design, manufacture, procurement, and approval of any equipment intended for the installation and decommissioning of bottom-fixed wind turbines.
According to the news, DARCO Real Estate Company has launched its largest pilot project in the city of Jeddah—tthe DARCO Village Project.
Habitat and the Madinah Region Development Authority are co-organizing the Smart Madinah Forum, or SMF2023, which will take place in the city of Madinah from February 19 to 21.
According to the report, the forum will bring together experts from all over the world to talk about how innovation and technology can help promote sustainable development and improve the quality of life for people living in cities.
A report says ADNOC and RWE Aktiengesellschaft (RWE) announced the successful delivery of the first shipment of liquefied natural gas (LNG) from Abu Dhabi in the UAE to the Elbehafen floating LNG terminal in Brunsbüttel, Germany.
The shipment of 137,000 cubic metres of LNG, which was made by ADNOC Gas at Das Island in Abu Dhabi, is the commissioning cargo for the new floating LNG terminal in Brunsbüttel. It is also the first LNG shipment from the Middle East to Germany.
As the world moves ahead to achieve sustainable goals, oil and gas producers have an unprecedented opportunity to be at the forefront of the clean energy transition, according to a top official of a global energy body.
Speaking at the 13th International Energy Forum, Mary Burce Warlick, deputy executive director of the International Energy Agency, reiterated that clean energy investments should touch $2 trillion by 2030, according to the report.
A report says: "Investment on the supply side as well as transparent policies are crucial to restore stability in the energy market," according to Helen Currie, chief economist at petroleum refinery company ConocoPhillips.
During the second session of the 13th International Energy Forum, Currie said that $435 billion had been invested in the upstream part of the energy supply chain around the world in 2022.
According to the report, Indian software company Zoho Corp. is set to invest $30 million in Saudi Arabia to encourage technology adoption across its small and medium enterprises.
During the second edition of the Saudi technology event LEAP 2023 in Riyadh, the company said it would allocate $30 million worth of wallet credit and annual digital training to advance technology reach in the SME sector in the Kingdom.