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South Korea
South Korean President Visits UAE, Showcasing Deep Ties
The president of South Korea has reached a preliminary multibillion-dollar deal to sell Seoul’s surface-to-air missiles to Abu Dhabi and pledged deeper coopera…
Hydrogen Project
UAE-UK Green Hydrogen Corridor to be Explored in Study
New research will examine collaboration between two counties to boost trade and investment
Power Construction
Jan De Nul and Samsung Secure HVDC Cable Installation Contract in UAE
Jan De Nul will be responsible for the design, installation, burial and protection of two cable clusters for the project.
Power Construction
Samsung C&T Lands High-Voltage Direct Current Network Project in UAE
Samsung C&T’s Construction Division announced on Dec. 23 that it has signed an engineering, procurement, and construction contract for a HVDC network construct…
Energy Investment
EGYPT: Al-Nowais to Invest $1bn in Solar and Wind Farms
UAE-based investment company Al Nowais intends to invest $1 billion to develop two solar and wind farms in Egypt.
Power Construction
Hitachi Energy Wins UAE Sub-Sea Transmission Contract
Hitachi Energy has won a major order from Samsung C&T Corporation, one of the world’s largest engineering and construction companies, to connect ADNOC’s offsh…
Crude Oil
Nov Crude Imports from UAE Hit Record High at 1.1 mil b/d
China's crude imports from the UAE hit a record high of 4.47 million mt, or 1.09 million b/d, in November amid lower official selling prices, making it China's …
OPEC
UAE and Saudi Arabia Commit to Expand Co-Operation in Energy Projects
The countries also commended Opec+ for its role in stabilising the oil market.
Energy Transition
IRENA Signs Decarbonisation Agreement with Costa Rica
The agreement was signed by His Excellency Carlos Alvarado Quesada, President of Costa Rica and IRENA Director-General, Francesco La Camera at the IRENA headqua…
Hydrogen Project
ENGIE, Masdar to Establish a Giga-Scale Green Hydrogen Hub in the UAE
A new $5bn strategic alliance formed between ENGIE and Masdar will aim to establish a UAE-based giga-scale green hydrogen hub that will provide a significant bo…
Energy Investment
UAE to Invest in Renewable Energy Projects of 3 GW in Turkey
The United Arab Emirates’ sovereign investment fund ADQ inked a strategic cooperation agreement with the Turkish Presidency Investment Office that includes 3 G…
Market Analysis
Israel, Jordan, the UAE and the US Expected to Sign Water-for-Energy Agreement
Israel, Jordan, the UAE and the US are today expected to sign a water-for-energy agreement in Dubai
Hydrogen Technology
UAE, Russia to Bolster Hydrogen Prospects with New Agreement
The United Arab Emirates and Russia will bolster industrial collaboration in the field of hydrogen fuel technology to boost domestic decarbonisation with the si…
Natural Gas
ADNOC Hands Out $1.5 billion in New Deals to Progress Mega Gas Project
UAE’s oil and gas giant ADNOC has awarded two engineering, procurement, and construction contracts totalling $1.46 billion (AED5.36 billion) for the Dalma gas …
Oil Pipeline
Israel Energy Minister Says UAE Oil Pipeline should be Cancelled
Opposition from environmental groups has forced the Israeli government to reconsider one of its biggest deals with the UAE.
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