10/09/2020 – News / Business / Cyber-Security / Online / Remote Working / Skills Gap / HR / UK / Infosec 28/08/2020 – News / Technology / 3D / Simulation / Visualisation / Digital Twin / Lanner / Virtalis 27/08/2020 – News / Event / Exhibition / Gas / Technology / Croatia 04/08/2020 – News / Energy / Power Utilities / Saudi Electricity Company / SEC / Saudi Arabia
Covid-19 has negatively impacted firms across all industries, yet power utilities have been quick to adapt to the situation and ensure business continuity. Saudi Electricity Company (SEC) – the Kingdom’s state-owned utility – has launched numerous measures designed to support its industrial customers and boost the economy.
17/07/2020 – News / Environment / Technology / Sustainability / Event / Tradeshow / IE Expo / China 13/07/2020 – News / Technology / Service App / Digital / Maritime / Cranes / Liebherr 07/07/2020 – News / Oil & Gas / Energy / Pipelines / Technology / Innovation / Exhibition / TOGC / Italy
From 16–17 November 2020 in Milan, Italy, the closed-door Transportation Oil & Gas Congress 2020 (TOGC 2020) will see midstream industry experts gather to explore cutting-edge technologies and solutions for the pipeline industry, with groundbreaking products and services set to be presented within the TOGC focus exhibition area.
01/07/2020 – News / Minerals / Metals / Aggregates / Metso / Outotec / Finland
Finnish industrial rivals Metso and Outotec have jointly announced the combination of Metso Minerals and Outotec to create a leading company in process technology, equipment and services serving the minerals, metals and aggregates industries. Meanwhile, Metso Flow Control will become a separately-listed, independent flow control equipment and services company under the name of Neles Corporation.
22/06/2020 – News / Science & Technology / Engineering / R&D / SR-TEK / CT Series / Pressure / Tanks 06/06/2020 – News / Maritime / Shipping / Tankers / Emissions / CO2 / Wärtsilä 21/05/2020 – News / Technology / Bio-products / Pulp / Electrification / ABB / Metsä / Finland
ABB has signed a preliminary, binding agreement that would see the technology leader deliver approximately €40 million worth of electrification and drive technology solutions to a planned bio-product mill in Kemi, northern Finland owned by Metsä Fibre – the world’s largest producer of softwood pulp.
13/05/2020 – News / Power / Equipment / Technology / Utilities / OEM / China / Asia / GlobalData 01/05/2020 – News / Shipping / Container Terminal / BOT / Saudi Ports Authority / Saudi Global Ports
Saudi Ports Authority (MAWANI) and Saudi Global Ports (SGP) have signed a new Build, Operate and Transfer (BOT) agreement for the Container Terminals in the King Abdulaziz Port in Dammam over a virtual signing ceremony. Representing an investment of over seven billion Saudi riyals, the new deal represents the largest BOT agreement in the Kingdom’s history.
29/04/2020 – News / Utilities / Water / SUEZ / Covid-19 / Donations / CSR / Leadership
France-headquartered water utilities giant SUEZ is reinforcing its support measures to provide additional financial resources to fight Covid-19 impacts. These include compensating workers placed on partial unemployment, reducing the Group’s dividend, and its executive committee members donating one-quarter of their salaries to finance research and provide support for healthcare workers during the lockdown period.
22/04/2020 – News / Technology / Data / InfinityQS / Enact / Quality / Intelligence / Platform / QC / QA 20/04/2020 – News / Business / Chemical Sector / Oil / Global 17/04/2020 – News / Manufacturing / 3d printers / Covid-19 / Ventilators / Pulsar Fusion 14/04/2020 – News / Shipping / Marine / Fuel Cell / Technology / Hydrogen / PowerCell / Volvo / Sweden 02/04/2020 – News / Business / Webinar / Covid-19 / Frost & Sullivan / Strategy / Crisis Response 26/03/2020 – News / Technology / Apps / Cloud / COVID-19 / Eka Software Solutions 17/03/2020 – News / Technology / Autonomous / Drones / Business / Coronavirus / Percepto 17/03/2020 – News / Remote Working / Audio-Visual / Teleconferencing / Telecommuting / Technology / Aver 16/03/2020 – News / Utilities / Water / Event / Spain
Global Water Intelligence (GWI) hosts the Global Water Summit each year in the spring. This year’s edition was slated to take place 29th–31st March in Madrid. However, due to the ongoing disruption and newly imposed travel restrictions resulting from the COVID-19 outbreak, the Summit has been postponed. Organisers have announced it will now take place on 30th August – 1st September.
12/03/2020 – News / Petrochemicals / Crude / Price / Industry / US / Coronavirus / Petrochem 12/03/2020 – News / Construction / Building / Sustainability / Big 5 / Qatar / Tradeshow / DMG 10/03/2020 – News / Oil & Gas / Saudi Arabia / OPEC / Russia 05/03/2020 – News / Transportation / Saudi Arabia / KSA / Investment / Business / Transport / Germany 05/03/2020 – News / Metso / India / Vadodara / Foundry / Manufacturing / Metals
In 2018, Finland-headquartered industrial solutions giant Metso announced a greenfield foundry project in Vadodara, in India’s Gujarat state, with a target to increase the casting wears capacity for the mining and aggregate industries. The ‘First Pour’ event of the new project was recently celebrated in India – and the foundry is expected to start production for customer deliveries for local and global markets this month.
02/03/2020 – News / Energy / Saudi Aramco / Event / Saudi Arabia / iCCUS 2020 / CO2 18/02/2020 – News / Construction / Infrastructure / Heavy Machinery / DMG Events / The Big 5 Saudi 18/02/2020 – News / Renewables / Orsted / Denmark / Sustainability / Energy / Decarbonisation
Danish energy firm Ørsted is the world's most sustainable company, according to the recently announced Global 100 ranking. Having completed a fundamental business transformation from fossil fuels to renewables over the past decade, Ørsted is now urging all countries and companies to reduce their carbon emissions to help limit global warming to 1.5ºC.
18/02/2020 – News / Energy / Petroleum / Oil / Gas / Show / Exhibition / Conference / Canada / Calgary
Global Petroleum Show – North America's leading energy event – has announced a complete rebrand to ‘Global Energy Show’ to reflect the industry's continued evolution, as the show builds upon significant technological and sustainable achievements driven by oil & gas and moves to also encompass alternative energy sources. The rebrand comes in advance of the 54th edition of the annual show, taking place in Calgary this June (9th–11th).
13/02/2020 – News / GCC / Smart Cities / Technology / 5G / Dhabi / WFES / Transportation
Increased adoption of automation will play a crucial role in boosting the global smart cities market to US$1.7 trillion by 2023, according to industry experts – and developments in the Middle East are helping to drive smart city innovation – from the UAE’s Masdar City, Bee’ah headquarters, and hyperloop connecting Abu Dhabi to Dubai, to Saudi Arabia’s NEOM smart city, and Egypt’s New Administrative Capital in East Cairo.
13/02/2020 – News / Energy / Renewables / Technology / Saudi Aramco Energy Ventures 13/02/2020 – News / Technology / Trends / ABI Research / Global
As with every new year, predictions on technology advancements are in abundance. After a tumultuous 2019 beset by many challenges – both integral to technology markets and derived from global market dynamics – 2020 looks set to be equally challenging, according to ABI Research, which has outlined a number of tech trends that it predicts are unlikely to come to fruition this year.
11/02/2020 – News / Chemicals / Trade / Iran / Supply / Industry / Risk / Middle East / ICIS 11/02/2020 – News / Coal / India / Power / Renewables / Carbon / Tax / Waiver / Energy 05/02/2020 – News / Oil & Gas / Event / Europe / Croatia 24/01/2020 – News / Environment / Industry / Global Investment / deVere Group / Greta Thunberg 22/01/2020 – News / Maritime / Construction / Cruise Terminal / YIT / Finland / Port of Tallinn / Estonia
YIT – Finland’s largest construction company – has signed a contract with Port of Tallinn for the construction of a new cruise terminal at the port in Estonia’s capital. The €13-million contract will be entered in the order backlog for Q1 2020. The project will commence this month and is slated for completion in summer 2021.
21/01/2020 – News / Oil & Gas / GlobalData / US / Iran / Global
Following the increased tensions between the US and Iran caused by the assassination of Qassem Suleimani, Will Scargill – Managing Oil & Gas Analyst at GlobalData – has offered a view on how this will impact the global oil market, noting that wider market context will limit a negative effect on supply.
21/01/2020 – News / Cash / Contactless Cards / eWallets / CO2 Emissions / Global 20/01/2020 – News / Technology / Robotics / Innovation / Pipeline Technology / Forth Engineering / UK 15/01/2020 – News / Oil & Gas / Pipeline / Marjan / Saudi Arabia / GPC / Aramco 09/01/2020 – News / Innovation / Hybrid Battery / Electric / E-bike / Nawa Technologies / CES 2020 / USA 09/01/2020 – News / Oil & Gas / GlobalData / Natural Gas / Electric Vehicles / Technology 08/01/2020 – News / Yogogawa Electric Corp / Japan / SABIC / Petrochemicals / Saudi Arabia 18/12/2019 – News / Innovation / Environment / Leather / Fungal Mycelium / Finland 18/12/2019 – News / Energy / Power Generation / Coal / Climate / Sustainability / China
As the world turns attention to the UN climate meetings this week, news from China has captured global headlines: From January 2018 to June 2019, the country added 443 gigawatts (GW) of net new coal power capacity to its existing 1,000GW coal fleet, while the rest of the world collectively reduced coal capacity by 8GW.
13/12/2019 – News / Machinery / Germany / VDMA / Export 13/12/2019 – News / Business / Sustainability / Environment / ESG / HSBC 11/12/2019 – News / Environment / Innovation / Climate / AC / AirCon / Global Cooling Prize / India
A global coalition led by the Government of India along with Rocky Mountain Institute (RMI) has announced the finalists of the Global Cooling Prize, an international innovation competition to develop super-efficient and climate-friendly residential cooling solutions for homes. The competitors showcased technologies that reduce or eliminate refrigerants linked to climate change, advances that will be vital as the number of room air conditioners nearly quadruples by 2050.
09/12/2019 – News / Transportation / Electric / Trucks / Volvo / Emobility / Europe 09/12/2019 – News / Oil & Gas / Aramco / Saudi / ADNOC / EPC 09/12/2019 – News / Renewables / Sustainable / Innovation / Solar Photovoltaic / Floating Solar Energy 28/11/2019 – News / Real Estate / Shopping Centre / Al Akaria / Triple Five Worldwide / Saudi Arabia
Al Akaria Saudi Real Estate Company (SRECO) – one of the largest publicly listed real estate developers on the Saudi stock exchange (Tadawul) – has announced an initial collaboration with Arabian Dream (owned by developer Triple Five Worldwide) to develop a multi-billion-dollar mixed-use entertainment and shopping centre project in Akaria’s Al Widyan site in Riyadh’s northern growth corridor.
22/11/2019 – News / Transportation / Technology / Electric / Sustainability / Hyperloop TT / Gaussin
Elon Musk’s vision of a system that moves people and goods at unprecedented speeds safely, efficiently, and sustainably has itself moved closer to reality with the announcement of a new strategic partnership between Hyperloop Transportation Technologies (HyperloopTT) and leading French transport and logistics engineering corporation Gaussin.
22/11/2019 – News / Energy / Renewables / Wind Farm / Fu-Gen AG / Abraxas Capital Management / Vestas 21/11/2019 – News / Oil & Gas / MOL Group / Hungary
Budapest-headquartered international oil & gas company MOL Group has announced its financial results for the third quarter of 2019. Despite a weaker macro environment and much lower oil and gas prices, strong Q3 EBITDA allows MOL Group to raise 2019 full year guidance to “around US$2.4bn” from US$2.3bn.
12/11/2019 – News / Oil & Gas / ADIPEC / SPX Flow / US
When a bolt has seized or a flange gasket requires inspection, Bolting Systems tools from SPX® FLOW have long set the standard in the oil & gas industry. This week at ADIPEC in Abu Dhabi, the US-headquartered firm is showcasing its range of flange spreaders, hydraulic nut splitters and hydraulic nuts – utilised the world over to help increase operational efficiency, safety and maintenance.
12/11/2019 – News / Oil & Gas / ADIPEC / Nidec ASI / Italy
Italian multinational Nidec ASI is presenting its new range of medium-voltage variable frequency drives this week at ADIPEC – one of the leading oil & gas industry events, held annually in Abu Dhabi. The new innovative range focuses on a high level of energy efficiency, low environmental impact and greater useability.
11/11/2019 – News / Oil & Gas / Technology / Virtual Reality / VR Tech / GlobalData 11/11/2019 – News / Energy / Nuclear / Cumbria Nuclear Solutions / UK 04/11/2019 – News / Oil & Gas / Technology / 3D Printing / Manufacturing / GlobalData
The use of additive manufacturing, or 3D printing, is gradually increasing in the oil & gas industry. Currently accounting for less than 0.1 per cent of the overall global manufacturing market, it is estimated that the 3D printing market will be worth US$32bn by 2025 and over US$60bn by 2030, according to GlobalData.
04/11/2019 – News / Crude Oil / FPSO / Floating Production Storage & Offloading Vessels / Brazil 04/11/2019 – News / Energy / Storage / Innovation / Africa / Azelio / Sweden
Azelio – a public Swedish firm specialising in thermal energy storage – has agreed on a Memorandum of Understanding (MoU) with the Swedish sustainable energy solutions company STELLA Futura, to work together on setting up a small-scale commercial project in Sub-Saharan Africa. The aim is to demonstrate Azelio’s technology in a real-world commercial set-up, paving the way for broader regional implementation together with STELLA Futura.
17/10/2019 – News / Oil & Gas / Event / Automation / Technology / Innovation / AUTOMA / Switzerland 16/10/2019 – News / Utilities / Environment / SUEZ / Global 07/10/2019 – News / Power Utilities / Technology / Robots / Drones / GlobalData 07/10/2019 – News / Energy / Environment / Fossil Fuel / IFC
Fossil fuel burning back-up generators in developing countries produce as much power as 700-1,000 coal-fired power stations, consume up to US$50 billion in fuel costs annually, and emit dangerous chemicals into homes and businesses, according to a new report by the IFC, a member of the World Bank Group.
27/09/2019 – News / Environment / Sustainability / Climate Change / Warwick Business School / UK 25/09/2019 – News / Oil & Gas / Oil Markets / Saudi Arabia
Oil markets stand exposed to price shocks after the crippling attacks on Saudi Arabia’s oil facilities slashed more than half its total production. If the country uses its own oil stocks to make up for the shortage, this gives the market just over a month until the inventories run dry, writes Richard Price, Global Crude Oil Deputy Editor at ICIS.
24/09/2019 – News / Aviation / The Single European Sky / Air Traffic Management / Europe 24/09/2019 – News / Science & Technology / Flexible displays / Screens / Smartphones
In the wake of Apple's unveiling of a new iPhone at their most recent hardware event last week, ABI Research forecasts that smartphone shipments with some type of foldable, flexible, or rollable display will start picking up steam as early as 2020, with growth to reach 228 million in 2028. Tablets are likewise in line for this enhancement, which will bring the total number of devices impacted to 240 million over that timeframe.
19/09/2019 – News / Energy / Electric Vehicles / Sustainability / Utilities / Oil & Gas
Europe’s energy sector is bracing itself for the impact of the electro-transformation of the auto industry, set to usher forth multiple new challenges – and opportunities. Scope Ratings analysts Sebastian Zank and Marlen Shokhitbayev take a closer look at how the EU’s push toward zero-emission vehicles is altering the outlook for utilities and oil & gas companies.
19/09/2019 – News / Environment / Sustainability / Concrete / EP Henry / Solidia Technologies / US
US firm EP Henry – the leading manufacturer of unit concrete products in North America – in collaboration with cement and concrete tech start-up Solidia Technologies, has introduced the world’s first products made with low-carbon Solidia Concrete. The sustainable products boast up to a 70-per-cent reduced carbon footprint while also saving water, energy and manufacturing time.
11/09/2019 – News / Oil & Gas / Crude Distillation / Asia / GlobalData 11/09/2019 – News / Renewables / Energy / Subsidy-Free / RECAI / Global 06/09/2019 – News / Energy / Climate Change / Environment / Sustainability / Tata Power
‘Club Enerji’, Tata Power's nationwide resource and energy conservation initiative with a strategic focus on nation-building, has reported it has sensitised over 23.8 million people across seven cities – New Delhi, Mumbai, Pune, Ahmedabad, Bengaluru, Kolkata and Ajmer – and saved around four million units (MUs) of electricity across 533 schools in 2018-19.
22/08/2019 – News / Oil & Gas / Digital Technology / Event / AUTOMA / Switzerland
AUTOMA 2019, the congress dedicated to automation and digitalisation in the oil & gas industry, will be held from 14–15 October in Zurich, Switzerland, gathering key players from the Upstream, Midstream and Downstream segments to discuss the efficiency of using digital technologies throughout the sector.
22/08/2019 – News / Security / Training / Virtual, Online / PerpetuityARC Training / UK
UK-based PerpetuityARC Training, part of Linx International Group, has launched a new interactive and virtual online learning platform – Linxville – that’s visually reminiscent of classic computer games such as The Sims and Sim City, with ‘Perimeter Security’ being the firm’s first bitesize course to launch.
02/08/2019 – News / Energy / Renewables / E.ON / GlobalData / UK 02/08/2019 – News / Aerospace / Boeing / Kitty Hawk Corporation / Flying Taxi / USA 02/08/2019 – News / Energy / Oil & Gas / Guyana / GlobalData
Guyana’s Department of Energy has announced that it plans to increase the government take by raising royalties payable on oil and gas production in the future licensing round in Q3 2020, Alessandro Bacci, Upstream Oil & Gas Analyst at GlobalData, offers his view on what this means for the country’s future competitiveness in this field.