New York Times Feed

    OIL AND GAS

    Scholar raises awareness on sustainable energy September 23, 2017

    A young Arab engineer on Wednesday took his audience at the Columbia Global Centre Amman on a trip to Antarctica, bringing first-hand stories of his personal experience to the southernmost continent.

    The conference titled “From Arabia to Antarctica: An Unlikely Story about Sustainable Energy”, was given by Malek Al Chalabi, an honorary research associate at the Transport Studies Unit at Oxford University, who shared his journey and the"...

    Continue Reading >
    PM briefed on oil shale-fueled power project September 20, 2017

    Prime Minister Hani Mulki Tuesday met with Tan Sri Yeoh Tiong, Executive Chairman of Malaysian YTL Corporation, an infrastructure conglomerate and subsidiary of the Chinese-Malaysian-Estonian consortium which launched the Atarat oil shale-fueled power project in the southeast of the Kingdom.

    During the meeting, attended by Minister of Energy and Mineral Resources Saleh Kharabsheh and director of the power project Bassam Qakish, Mulki was briefed about the progress of work on the project, which YTL launched in"...

    Continue Reading >
    EBRD finances 51 MW PV plant in Jordan September 19, 2017

    The European Bank for Reconstruction and Development (EBRD) supports Jordan with a $65 million loan to fund a 51 MW solar plant located in the Al-Safawi area of northern Jordan. The loan will be provided to Al-Safawi for Green Energy PSC, a Jordanian company 70 percent owned by Fotowatio Renewable Ventures (FRV) and 30 percent owned by Arabia Trading & Consulting Company Ltd (ATC).
    This solar plant is the fourth and final project to be developed under the second round of Jordan's solar programme. According to"...

    Continue Reading >
    Synetics: Oil and Gas Surveillance Specialist Wins Multiple Middle East ContractsSeptember 18, 2017

    (AETOS Wire)-- Surveillance solutions business Synectics has secured multiple contracts for onshore and offshore oil and gas developments, spanning Egypt, Saudi Arabia, the UAE and Iran. Encompassing a broad mix of Synectics’ surveillance and security management solutions, the contracts will see the business deploy over 700 COEX™ camera stations across the Middle East region – in a number of cases incorporating new, customer-led feature developments. Off the Egyptian coast, Synectics will be providing an offshore platform with a range of C3000 HD IP, C2000 HD IP and C2000 (PTZ and fixed) camera stations, with specific models featuring new onboard analytics capabilities developed to meet the customer brief. The COEX camera stations, compatible with the on-site VMS, will enable edge-based tripwire detection, negating the need for separate analytics integration. Darren Alder,......

    Continue Reading >
    Kuwait Oil Company Awards Major Contract to Grandweld ShipyardsSeptember 17, 2017

    Grandweld Shipyards has secured a contract to design, Construct and deliver four crew boats and six pilot boats for Kuwait Oil Company. The contract was signed on May, 2017 by Mr. Ismail Abdulla, Deputy Chief Executive Officer of Kuwait Oil Company, and Mr. Jamal Abki, General Manager of Grandweld Shipyards.

    The 25meter long Aluminum fast crew boats, with a deck area of 40 square meters will be propelled"...

    Continue Reading >
    Jordan is powering a major shift to clean energy September 16, 2017

    Five years of rapid growth has placed Jordan at the forefront of renewables in the region, but now the sector is stalling as it waits for the country’s energy infrastructure to catch up.
    Plans are in place for up to 2,000 megawatts (MW) in wind and solar projects by the end of the decade, but with the grid at capacity, the next wave of developments is on hold.
    “There is big demand from investors to build renewable plants, but unfortunately the grid limitation doesn’t allow it,” said Walid"...

    Continue Reading >
    Newmont Ranked Mining Industry Leader by Dow Jones Sustainability World Index for Third Consecutive YearSeptember 9, 2017

    (AETOS Wire)-- For an unprecedented third year in a row, Newmont Mining Corporation (NYSE: NEM) was ranked by the Dow Jones Sustainability World Index (DJSI World) as the mining industry’s overall leader in sustainability. Newmont’s inclusion on the index also marked the 11th consecutive year the company has been selected for the DJSI World. This year, 942 companies participated in RobecoSAM’s Corporate Sustainability Assessment (CSA), which evaluates and ranks the highest-scoring companies on the DJSI – one of the most rigorous and highly regarded sustainability indices in the world. Newmont was the first gold company named to the index in 2007, and has been included on the DJSI North America Index every year since 2006. “This recognition reflects our team’s deep commitment to sustainability and continuous improvement, which translates into safe working conditions and good jobs for employees; sustainable economic development for our host communities; responsible environmental management; and strong returns and growth prospects for......

    Continue Reading >
    Renewable energy production ‘to be increased five-fold by 2020’September 7, 2017

    Jordan currently produces around 500 megawatts of electricity from solar and wind energy projects, and the volume is expected to increase by around five times by 2020, according to Abdel Fattah Daradkeh, director general of the National Electric Power Company (NEPCO).

    Several solar and wind energy projects in various parts of Jordan are currently operational and connected to the grid with a capacity of 500 megawatts, the official said at a recent"...

    Continue Reading >