Gulf Business News Feb 2015

Oman tenders sewerage work
Construction of sewerage networks in Suwaiq

Dubai increases planned solar capacity
Planned capacity of park was 1,000MW and has increased to to 2,600MW

Libya pipeline attacked
Supplies to Marsa al-Hariga are cut

Oman extends Batinah expressway bid deadline
Tender closing date extended for package 11 of road project

Kuwait approves development plan
Previous five-year plan ended in December 2013

Air Arabia posts 30 per cent profit increase
Annual passenger numbers climb to 6.8 million in 2014

Russia and Algeria discuss oil prices
Cooperation between oil producing nations was discussed with Saudi Arabia

Masdar awards solar consultancy contract
German firm providing technical advisory services for Noor 1 solar development

Firms bid for Dubai Metro rolling stock
Study will help increase capacity

Firms bid for Dubai Metro rolling stock
Study will help increase capacity

El-Seif wins $2bn worth of Jizan contracts
Local contractor will build multiple residential areas in Jizan

Bahrain plans to tender Tubli expansion in March
Bahrain upgrades wastewater treatment capacity

Dubai Oil and Gas News January 2015

Moves toward metering renewable energy tariff
Preparations begin for net metering structure following passing of executive resolution in Dubai

Nakheel extends tenders
Closing dates for Palm Gateway and Deira Islands is now in March

Oqyana signs deal for The World project
Dutch Docklands appointed as consultant for concept and infrastructure work at island scheme in DubaiEmaar tenders

The Hills construction
Emaar invites bids for residential project in Dubai

Dubai hopes for trade boost with Iran
Dubai has long been the Islamic Republic’s gateway to the global marketplace and stands to gain if and when embargoes are lifted.

Abu Dhabi Oil and Gas News Updates Jan 2015

Tebodin wins Abu Dhabi gas lift contract
Dutch group wins subcontract from Galfar Engineering to add gas lifts at 30 additional oil wells

Abu Dhabi prepares to award Bab sour gas deals
Early study on estimated $10bn gas field development awarded to US engineering group Fluor

Total and ADNOC launch research project
Digital rock physics study to be carried out at Masdar Institute and The Petroleum Institute in Abu Dhabi

Eagle Hills and Al-Mabaar join forces
Merged Abu Dhabi developer’s project portfolio totals $20bn

Oil and Gas News United Arab Emirates

• Hydrasun announces Middle East expansion – Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy industry, has announced the launch of a new company and associated office and workshop facilities in the Middle East.
• Hydrasun FZE, based in Dubai, UAE, has been formed to support the company’s growing number of customers in the Middle East. The new 1000m2 facility will establish a permanent presence in the region supplying Hydrasun’s complete range of products and added value services as well as facilitating the pursuit of new business opportunities.
• Opec reports record high in petroleum exports – Export revenues reached $1.26 trillion in 2012, but likely to fall this year on lower crude prices.
• Tourism body TDIC floats tender for Guggenheim Abu Dhabi – .Tourism body TDIC floats tender for Guggenheim Abu Dhabi – Contractors invited to prequalify for Guggenheim main construction contract
• RasGas Company Limited (RasGas) has safely and successfully completed offshore drilling for 30 development wells for the $10.3 billion Barzan Gas Project, paving the way for subsequent phases of the project to proceed with connecting the wells to subsea pipelines that will take gas to shore.
• DNO updates on Middle East production plans – First production expected from Iraqi Kurdistan, UAE and Yemen licences.
• Abu Dhabi Municipality to issue tender for beach club.
• Abu Dhabi tenders for Al-Ain airport upgrade – Al-Ain airport tender covers design consultancy services.
• Dewa tenders advisory contract for first IPP – Hassyan private power plant to be coal-fired.

• Base Oil Group II prices in Middle East is oscillating in the narrow range.
• Abu Dhabi based Specialized Oilfield Products has introduced a unique digital sensor monitoring system, which can extend the life of wireline through continuous surveillance and create significant cost savings.

• Lukoil to move overseas office to Dubai – Russia’s Lukoil is to relocate its oversees arm to Dubai in order to support regional operations, namely in the giant oil fields of Iraq, according to Abu Dhabi’s The National newspaper.

• Soaring MENA energy demand to increase solar drive – Over US$1.1 trillion worth of commercial and residential construction projects in the next decade across the Middle East and North Africa will further increase energy demand in the region, according to industry experts.