News archive

QP and KPC sign long term agreement on LNG supply

QP and KPC sign long term agreement on LNG supply

Qatar Petroleum (QP) and Kuwait Petroleum Corporation (KPC) entered into a long term Sale and Purchase Agreement for the supply of up to 3 million tons per annum of Liquefied Natural Gas (LNG) to the State...
13 January 2020
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SFR signs new projects, opens dairy products factory

Salalah Free Zone (SFR) has opened the Oman Dairy Products factory, a USD 70M investment the first phase of which went operational by the third quarter of 2019, and signed a number of agreements for new...
13 January 2020
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Sembcorp Marine wins 2 offshore platform projects

Sembcorp Marine Offshore Platforms Pte. Ltd. has clinched two offshore platform contracts worth over S$ 550M that support redevelopment efforts at the Al Shaheen and Tyra fields, located respectively in...
13 January 2020
Asaluyeh power plant’s steam unit to start operations

Asaluyeh power plant’s steam unit to start operations

The first steam unit at Asaluyeh combined-cycle power plant in Iran is scheduled to begin commercial operations by March. Mapna, Iran-based engineering, and energy company is developing the unit and has...
13 January 2020
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Korea, Saudi Arabia progress with SMART collaboration

A revised pre-project engineering contract has been signed by South Korea's Ministry of Science and ICT (MSIT) and Saudi Arabia's King Abdullah City for Atomic and Renewable Energy (KA-CARE) to establish...
13 January 2020
3rd South Pars phases 22-24 platform operational

3rd South Pars phases 22-24 platform operational

The third offshore platform of phases 22 to 24 of South Pars Gas Field came on stream. According to the Pars Oil and Gas Company (POGC), the deputy head of a project to develop phases 22 to 24 of the massive...
13 January 2020
Ambica Steel wins manufacturing summit award

Ambica Steel wins manufacturing summit award

Ambica Steels was awarded a Manufacturing Summit Award in the IT Leadership Category at the 13th Edition of the Manufacturing IT Summit. Receiving the award on behalf of Ambica Steels was the company’s...
06 January 2020
BHEL commissions first Lignite based 500MW thermal unit

BHEL commissions first Lignite based 500MW thermal unit

Bharat Heavy Electricals Limited (BHEL) has successfully commissioned the first Lignite based 500 MW thermal unit of the 2x500 MW Neyveli New Thermal Power Project in Tamil Nadu. Significantly, this is...
06 January 2020
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ONGC gets EC for onshore exploration project in Assam

ONGC has received environment clearance (EC) for carrying out onshore exploration, development, and production of oil and gas in 100 locations in the non-forest area of Assam, which would entail an investment...
06 January 2020
Raghu Vamsi Machine Tools plans to set up 2 more units

Raghu Vamsi Machine Tools plans to set up 2 more units

Raghu Vamsi Machine Tools, a Hyderabad-based manufacturer of high precision engineering parts for aerospace and defence industries, has firmed up plans to set up two more units in 2020. The company has...
06 January 2020