OIL AND GAS

GE bags services contract for 1.17GW combined cycle power plant in JordanJune 22, 2017

GE has won a contract to deliver full plant maintenance services for Samra Electric Power Company (SEPCO)’s 1.17GW combined cycle power plant in Jordan.

Under a multi-year agreement (MYA), GE will also be responsible for the maintenance and repairs for critical power generation equipment of the Samra Combined Cycle Gas Turbine (CCGT) Power Plant located in the Zarqa region.

The"...

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XPRIZE Announces Teams Advancing in $15M Global Learning XPRIZE at EdTechXEuropeJune 22, 2017

(ME NewsWire)-- Today, XPRIZE, the world’s leader in designing and managing incentive competitions to solve humanity’s grand challenges, announced 11 semi-finalists advancing in the $15M Global Learning XPRIZE. Announced at this year’s EdTechXEurope, XPRIZE is challenging these semi-finalist teams to develop open source and scalable software that will enable children in developing countries to teach themselves basic reading, writing and arithmetic within 15 months. “Throughout my career, I’ve seen the many ways technology has evolved to help children access an education they may otherwise not have,” said Matt Keller, senior director of the Global Learning XPRIZE. “What most excites XPRIZE about these semi-finalist teams is the possibility that their innovative software solutions can exponentially transform the way learning happens across the world,......

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Australian Automotive Manufacturing Plants Shutting Down OperationsJune 22, 2017

(ME NewsWire)-- Hilco Industrial Acquisitions B.V. (www.hilcoind.com) announced today that it will lead the disposition process for a massive machinery and equipment asset sale which will effectively shut down the automobile manufacturing business on the Australian Continent. The sale comes because of the recent closure of all Toyota Australia manufacturing operations, the last remaining auto production facility remaining on the continent. This unprecedented auto equipment sale will include all the key production shops and vendors that have been part of the manufacture of cars in Australia for over 60 years. All the equipment will be offered for sale via private treaty from their production shops including aluminum casting, furnaces, engine line machining, assembly, robotic automation, presses, extruders, plastic injection molding machines, welding lines and plant services. Certain key machinery......

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IBC2017 Innovation Awards Shortlist Announced: eSports, OTT, IP-OB trucks, and Content Delivered on High Speed Trains amongst Industry Trends Tackled by EntrantsJune 20, 2017

(ME NewsWire)-- IBC announces today the shortlist for the IBC2017 Innovation Awards. Demonstrating a breadth of innovation in the electronic media, entertainment and technology industry, the international judging panel reviewed an array of compelling entries, settling on 11 finalists from around the world, all offering very different solutions.

The shortlist covers everything from a major football final"...

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SIAE MICROELETTRONICA to Extend the Microwave Network in the State of Bahia for COELBA, Neoenergia GroupJune 20, 2017

(ME NewsWire)-- COELBA, part of the Neoenergia group, is one of the first Power utility companies in Latin America offering a fully digital energy distribution system. In their effort to modernize and improve the quality of life in the state of Bahia, COELBA decided to invest in the upgrade and extension of its wireless communication backbone. The existing heterogeneous network comprised of satellite links and low frequency wireless links operating at 900MHz and 1,5Ghz. With the need of connecting new sites and transport new services COELBA decided to build a homogeneous, modern and reliable infrastructure across Bahia. SIAE MICROELETTRONICA technology was selected to implement the modern wireless infrastructure maximising reliability with protected configurations, performances with high capacity bandwidth and providing a single network management system. “SIAE MICROELETTRONICA has developed a strong footprint in the Brazilian market, especially in the energy segment, also thanks to the capability of delivering full turnkey project together with strong partner......

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Telenor Maritime and SES Networks Provide High-speed Connectivity to Silversea Cruise ShipsJune 20, 2017

(ME NewsWire)-- SES (Euronext Paris:SESG) (LuxX:SESG) announced today that Telenor Maritime has signed a multi-year agreement to provide high-speed broadband access to Silversea’s luxurious cruise ships via SES Networks’ Maritime+ solution. Telenor Maritime will be using SES Networks’ fully-managed maritime solution to offer capacity of up to 150Mb/s to provide passengers on Silversea’s ultra-luxury cruise ships a true broadband experience at sea. Passengers onboard these eight ships will be able to stay connected through social network accounts, audio and video conferencing apps, and will also be able to stream video as they sail to the most exotic travel destinations ranging from the tropical paradise of Brazil to the epic wilderness of Antarctica. Designed especially for service providers, the SES Networks Maritime+ solution combines SES’s product innovation......

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SES Transfers Capacity from AMC-9 Satellite Following Significant Anomaly June 19, 2017

(ME NewsWire)-- SES (Euronext Paris:SESG) (LuxX:SESG) announced that, following a significant anomaly, the company is in the process of transferring capacity from its AMC-9 satellite.

The incident was noted on the morning of Saturday, 17 June 2017. SES has taken immediate action in contacting all customers and is working to transfer services to alternative satellite capacity in order to minimise disruption.

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Chinese Automaker JAC Motors Exhibited at Expo 2017 Held in KazakhstanJune 19, 2017

(ME NewsWire)-- At the ongoing Expo 2017 in Astana, the leading Chinese automaker JAC Motors and its Kazakhstani distributor showcased three models: the S3, the iEV6S and the iEV5. Echoing the theme of China Pavilion, “Future Energy, Green Silk Road”, JAC also took the opportunity to exhibit their latest green energy vehicle technologies and concepts. Making a mark in Kazakhstan As an important nation along the corridor, Kazakhstan connects China with Central Europe via “the Belt and Road” economic zone. The country covers a large region of Central Asia and Eastern Europe and is one of JAC’s most valuable markets. In March 2015, with the blessing of China’s Premier Li Keqiang and Kazakhstan’s Premier Karim Masimov, JAC and its distributor Allur Group, officially signed the KD assembly licensing agreement. As per the agreement, Allur Group, a Kazakhstan automotive company, will be responsible for the assembly of all JAC cars. By signing this agreement, JAC is expected to meet the demands in Russia and neighboring countries and......

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GCC BORGWARD Distributors Experience SUV’s Unparalleled PerformanceJune 18, 2017

BORGWARD Group AG, the global automotive manufacturer, invited distributors and VIP guests from the GCC to Germany for a thrilling, once-in-a-lifetime driving adventure in BX5 and BX7 vehicles.

The following local distributors were in Germany to experience first-hand the rich and innovative racing history and the new “Accessible Premium” of the reborn BORGWARD brand:

Bahrain:"...

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GE Signs $575 Million Agreement with Ministry of Transportation and Egyptian National Railways to Help Transform Rail Infrastructure in Egypt June 18, 2017

(ME NewsWire)-- GE (NYSE: GE) announced today that it signed a Letter of Intent with the Ministry of Transportation (MoT) and Egyptian National Railways (ENR), worth $575 million, to supply 100 GE ES30ACi Light Evolution Series Locomotives that can be used for both passengers or freight rail, as well as a 15-year agreement for parts and technical support for GE locomotives in ENR’s new and current fleet. The agreement, which is the largest ever between the parties, also includes"...

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