The energy transition represents an unprecedented opportunity for businesses to future-proof operations, reduce costs, and demonstrate leadership in sustainability
ENERGY INFRASTRUCTURE
EWEC to develop 400MW Battery Energy Storage System in Abu Dhabi
27 companies and consortiums qualified for the Request for Proposals stage after 93 submitted Expression of Interest
UAE-based Positive Zero unveils new brand, consolidates subsidiaries under one company
The brand launch follows the company’s recent announcement of a landmark investment of up to $400 million from BlackRock’s Diversified Infrastructure team
TAQA, Uzbekistan plans $3bn investment in power
These opportunities include new and existing power plants, as well as associated power infrastructure like transmission and distribution
Masdar to develop 100MWac solar photovoltaic plant in Turkmenistan
Agreement builds on the MoU signed during Expo 2020; ‘We hope the project will be the first of many Masdar projects in Turkmenistan’ says CEO Al Ramahi
US won’t hesitate to respond if necessary to Iranian threats in Mideast
US officials say they are in constant contact with Saudi Arabia through military and intelligence channels
DEWA commissions 287 electric substations in the first half of 2022
These stations are primarily in Al Merkad, Jabal Ali First, Saih Shuaib 2, Al Jadaf and Burj Khalifa areas
DEWA projects under IPP model attracts $10.9 billion
The projects envisage a combined generation capacity exceeding 4,000 MWs
Dubai completes 57% construction of $5.2 million water filtration units in ongoing Hatta development plans
The $5.2 million (AED 19 million) project will be completed by the end of this year, and the units will be used to refine and utilise water from Hatta dam
Abu Dhabi signs 5-year energy partnership with Colombia focusing on renewables
The agreement will see the DoE and Colombia’s Ministry of Mines and Energy explore funding developments in areas such as hydrogen and large-scale renewable energy
Aramco CEO joins global pledge to boost cyber resilience in the oil and gas industry
At the World Economic Forum, Aramco joined 18 companies that came together to take collective measures against cyberattacks
Aramco, BlackRock, Hassana acquire 49% stake in Aramco Gas Pipelines Company for $15.5bn
The announcement follows the closing of a $12.4bn infrastructure transaction in connection with Aramco’s stabilised crude oil pipeline network in June 2021
BlackRock-led group wins $15.5bn Aramco pipeline deal
In what is one of the world’s largest energy infrastructure deals, the group will buy a 49 percent stake in Aramco Gas Pipelines Co.
BlackRock, Brookfield among bidders for Aramco gas pipelines
Natural-gas pipeline network could fetch more than $15 billion