Trade Bank of Iraq (TBI), Standard Chartered Bank and General Electric (GE) closed a US$600mn financing agreement that funded an ambitious power project implemented across Iraq
Energy
ENEC achieves major progress in construction of Barakah Nuclear Energy Plant
The Emirates Nuclear Energy Corporation (ENEC) has completed all main concrete works and heavy equipment lifting for the four nuclear reactor units of the Barakah Nuclear Energy Plant, being built in the Al Dhafra Region of Abu Dhabi
GCC to speed up solar conversion
The GCC is likely to speed up its solar energy conversion movement, reaching its 2030 target of a collective 4.6 GW photovoltaic (PV) in power generation to emerge as a global renewables leader, according to Turkish solar power structure supplier, Tekom-Puk
Glasspoint and Occidental of Oman cooperate on solar EOR project
GlassPoint Solar and Occidental of Oman have signed a MoU agreement aiming to lead to a large solar thermal energy plant, exceeding two gigawatts, at the Mukhaizna oilfield in Oman
ABB wins US$79mn order for Abu Dhabi?s Bab onshore project
China Petroleum Engineering and Construction Corporation (CPECC) has awarded ABB an integrated automation, electrification and telecommunication order worth US$79mn for the upgrade of the Bab Onshore Field in Abu Dhabi