Iraq awards $843 million power contract to Weatherford
Iraq awarded an $843 million contract to Weatherford International Ltd. (WFT) to install six power generation plants at the Zubair...
Energy
Pilot floating wind power project seeks EU funds
Investors in the world's first floating wind turbine are seeking European Union funding to build five more off the coast...
Saudi oil earnings up to US$311b in 2011
The US Energy Information Agency (EIA) announced that amongst OPEC's 12-nations, Saudi was the largest earner in 2011, with USD311...
Iraq and Jordan eye natural gas pipeline
The Iraqi and Jordanian governments plan to meet in July to discuss construction of a natural gas pipeline, officials in...
Waste water recycling projects in Jordan
Jordan and Germany signed a 23.5 million-euro soft-loan agreement to finance key projects in the Kingdom's water sector. The funds,...
First phase of Qatar's Barzan gas project to be complete by end of 2013
The first phase of the QAR 37.8 billion (USD 10.4 billion) Barzan gas development project being implemented as a joint...
20,000 tons of uranium found in Jordan
A joint venture between Jordan Energy Resources Incorporated and French nuclear giant Areva said it has discovered more than 20,000...
Iraqi government allocates $1.7bn for importing electricity
The Iraqi government has decided to increase the fund for importing electricity to $1.7 billion, according to a report from...
‘Renewable energy’ generating opportunities for the private sector in GCC countries
‘Renewable Energy: Seeds of Change’, a whitepaper by Deloitte Middle East, finds that the recent changes in regional policies towards...
Bahrain's Tatweer to invest up to US$ 4 billion in new oil wells
Bahrain's Tatweer Petroleum Co. plans to invest between US$ 3 billion and US$ 4 billion in the next four years...
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