OIL AND GAS

Jordanian engineer awarded Energy Innovator of the Year 2017August 14, 2017

Maher Maymoun, a 28-year-old Jordanian engineer, has been chosen as the recipient of the international Energy Innovator of the Year award, granted by the Association of Energy Engineers (AEE).

Founded in the US in 1977, the AEE is a non-profit, professional society of over 18,000 members present in more than 100 countries, whose mission is “to promote the scientific and educational interests of those engaged in the energy industry and to"...

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Leviathan Partners in talks to pipe Israeli gas to Egypt via Jordan August 14, 2017

Companies developing Israel’s largest natural gas reservoir are negotiating an alternative delivery route to key target market Egypt to skirt financial disputes that have held up an export deal, according to people in Egypt and Israel familiar with the matter.

Israel’s Delek Group Ltd. and Houston-based Noble Energy Inc., the major stakeholders in the Leviathan gas field, are in talks to sell about 3 billion cubic meters a year to Egypt’s"...

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Jordan urges reopening of Iraq border, expediting pipeline project August 12, 2017

Foreign Minister Ayman Safadi on Thursday urged Iraq to expedite efforts to reopen Amman-Baghdad road and implement the planned Iraqi oil pipeline. He also called for supporting the private sectors in the two countries to further develop trade relations and serve mutual interests. At a meeting with Iraqi Prime Minister Haider Abadi, he congratulated him for liberating Mosul and the victory against terrorism, the Jordan News Agency, Petra, reported. For his part, Abadi stressed his country's keenness on developing cooperation in various fields, stressing Baghdad’s determination to reopen the highway and the Tureibil border crossing. Abadi said his country was taking the necessary measures to reopen the highway as soon as possible, taking into consideration safety issues. During the meeting, the two officials discussed economic and trade cooperation, in addition to the situation......

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Fluor’s Phosphate Megaproject in Saudi Arabia Begins Production August 11, 2017

Fluor Corporation (NYSE: FLR) announced today that the Ma’aden Wa’ad Al-Shamal Phosphate Company’s (MWSPC) Umm Wu’al Phosphate Project in Saudi Arabia has started production of ammonia, merchant-grade acid and fertilizer. Fluor is providing overall program management services for this $8 billion megaproject, in addition to engineering, procurement and operations and readiness services for various scopes. “As part of Saudi Arabia’s Vision 2030, this world-class project will have a long-lasting impact on the region, as it diversifies the country’s economy and creates local job opportunities for citizens,” said Tony Morgan, president of Fluor’s Mining and Metals business. “After less than four years from the start of the execution phase, we are proud to have partnered with Ma’aden to bring this facility to production. We look......

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Jordan takes part in ‘Future Energy’ themed Astana EXPO 2017August 2, 2017

Jordan is participating in EXPO 2017 which started in the Kazakh capital Astana on June 10, with the participation of some 115 countries, the Jordan News Agency, Petra, reported.

The Astana EXPO 2017, which will run through September 10, focuses on” innovative and practical” energy solutions for the future.

Jordan’s ambassador to the Republic of Kazakhstan,"...

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Inteva Products Receives International Innovation Award for Structurally Integrated Panoramic Sliding Sunroof August 1, 2017

(ME NewsWire)-- Inteva Products, LLC, a leading global Tier One automotive supplier of engineered components and systems, received its second consecutive innovation award in the annual Innovation Awards program sponsored by the European Association of Automotive Suppliers (CLEPA). This year’s recognition was for Inteva’s structurally integrated panoramic sliding sunroof developed in cooperation with Daimler for the Mercedes-Benz GLE Coupe.

The"...

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Versum Materials and NuMat Technologies to Commercialize Next-Generation Adsorbent Technology for Delivery of Dopant GasesAugust 1, 2017

(ME NewsWire)-- Versum Materials, Inc. (NYSE: VSM), a leading global materials supplier to the semiconductor industry, and NuMat Technologies, a pioneer in the design and integration of atomically-engineered materials into gas delivery, separation and purification systems, today announced a global, commercial agreement to offer a new line of products for the safe storage and delivery of dopant gases such as arsine, phosphine and boron trifluoride. The new product line is called ION-X® and is based on revolutionary Metal Organic Frameworks (MOFs), which can selectively adsorb, store and safely deliver ultrahigh purity gases at sub-atmospheric pressures. ION-X® offers performance advantages over traditional carbon-based adsorbent technology used in the ion implant processes for the manufacture of semiconductor devices. Jim Minicucci, general manager for Versum's Process Materials, Asia commented, 'NuMat and Versum are combining their respective leadership positions, with NuMat manufacturing the proprietary MOFs and Versum harnessing its world-class global......

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Prices of gasoline stay fixed, diesel and kerosene raised August 1, 2017

The government on Monday decided to maintain the price of gasoline and increase the prices of diesel and kerosene, as of Tuesday until the end of August, the Jordan News Agency, Petra, reported.

The decision followed an increase in the prices of crude oil and fuel on the international market to $48.4 per barrel in July, compared to $46.48 per barrel in June, according to the government.

A"...

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Sagemcom Announces the Acquisition of Meter Italia S.p.A.July 30, 2017

(ME NewsWire)-- SAGEMCOM STRENGTHENS ITS POSITIONS ON THE MULTI-ENERGY MARKET, BY ACQUIRING METER ITALIA S.P.A, LEADER IN GAS METERING IN ITALY.

As of July 27, 2017, Sagemcom becomes a 100% shareholder of Meter Italia S.p.A through its subsidiary Sagemcom Energy & Telecom SAS. Meter Italia joins the Sagemcom group and becomes Sagemcom Italia S.p.A.

This"...

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Electricity exchange with Jordan falls due to self-sufficiency July 26, 2017

A high-level official at the Ministry of Electricity said that the electricity exchange with Jordan has declined, due to achieving surplus and self-sufficiency in Jordan, adding that the exchange capacity settled at 50 MW.

The source told Daily News Egypt that the total electrical capacity that is exchanged with Jordan and Libya is at 770 MW, but was temporarily suspended due to a surplus in the Jordanian electricity grid. No new capacities have"...

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