ITS 2008 turnover up 47%

Kuwait-based International Turnkey Systems Group (ITS), a supplier of oilfield equipment and services to the global offshore oil and gas industry, has reported a 47% increase in its turnover to $143.6m for the year ended 31 December 2008. The increase in turnover has resulted in earnings before interest, taxes, depreciation and amortisation, before one-off costs, […]

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ITS 2008 turnover up 47%

Kuwait-based International Turnkey Systems Group (ITS), a supplier of oilfield equipment and services to the global offshore oil and gas industry, has reported a 47% increase in its turnover to $143.6m for the year ended 31 December 2008. The increase in turnover has resulted in earnings before interest, taxes, depreciation and amortisation, before one-off costs, […]

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Jordan to survey Red Sea nuclear plant location

The Jordanian government has signed a $12m agreement with Belgium-based Tractebel Engineering as part of the kingdom’s plan to build its first nuclear plant and reduce reliance on oil imports, Bloomberg has reported. Under the agreement, Tractebel will first carry out a two-year survey to determine whether the planned location, about 25km south of the […]

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Jordan to survey Red Sea nuclear plant location

The Jordanian government has signed a $12m agreement with Belgium-based Tractebel Engineering as part of the kingdom’s plan to build its first nuclear plant and reduce reliance on oil imports, Bloomberg has reported. Under the agreement, Tractebel will first carry out a two-year survey to determine whether the planned location, about 25km south of the […]

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Jordan to survey Red Sea nuclear plant location

The Jordanian government has signed a $12m agreement with Belgium-based Tractebel Engineering as part of the kingdom’s plan to build its first nuclear plant and reduce reliance on oil imports, Bloomberg has reported. Under the agreement, Tractebel will first carry out a two-year survey to determine whether the planned location, about 25km south of the […]

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Jordan to survey Red Sea nuclear plant location

The Jordanian government has signed a $12m agreement with Belgium-based Tractebel Engineering as part of the kingdom’s plan to build its first nuclear plant and reduce reliance on oil imports, Bloomberg has reported. Under the agreement, Tractebel will first carry out a two-year survey to determine whether the planned location, about 25km south of the […]

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Iraqi Kurdistan begins $20m water system

Iraq’s Kurdistan Authority for Strategic Studies and Scientific Research has launched work on the first stage of building a $20m integrated system for water management in the region, Aswat al-Iraq news agency has reported. The project, which would take 10-to-15 years to complete, will be carried out in cooperation with the Ministry of Water Resources […]

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Iraqi Kurdistan begins $20m water system

Iraq’s Kurdistan Authority for Strategic Studies and Scientific Research has launched work on the first stage of building a $20m integrated system for water management in the region, Aswat al-Iraq news agency has reported. The project, which would take 10-to-15 years to complete, will be carried out in cooperation with the Ministry of Water Resources […]

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Iraqi Kurdistan begins $20m water system

Iraq’s Kurdistan Authority for Strategic Studies and Scientific Research has launched work on the first stage of building a $20m integrated system for water management in the region, Aswat al-Iraq news agency has reported. The project, which would take 10-to-15 years to complete, will be carried out in cooperation with the Ministry of Water Resources […]

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Iraqi Kurdistan begins $20m water system

Iraq’s Kurdistan Authority for Strategic Studies and Scientific Research has launched work on the first stage of building a $20m integrated system for water management in the region, Aswat al-Iraq news agency has reported. The project, which would take 10-to-15 years to complete, will be carried out in cooperation with the Ministry of Water Resources […]

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Tractebel inks Jordan deal

Jordan has signed a $12m agreement with Belgium-based Tractebel Engineering as part of the kingdom’s plan to build its first nuclear plant and reduce reliance on oil imports, Bloomberg has reported. Under the agreement, Tractebel will first carry out a two-year survey to determine whether the planned location, about 25 kilometres south of the Red […]

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Tractebel inks Jordan deal

Jordan has signed a $12m agreement with Belgium-based Tractebel Engineering as part of the kingdom’s plan to build its first nuclear plant and reduce reliance on oil imports, Bloomberg has reported. Under the agreement, Tractebel will first carry out a two-year survey to determine whether the planned location, about 25 kilometres south of the Red […]

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Tractebel inks Jordan deal

Jordan has signed a $12m agreement with Belgium-based Tractebel Engineering as part of the kingdom’s plan to build its first nuclear plant and reduce reliance on oil imports, Bloomberg has reported. Under the agreement, Tractebel will first carry out a two-year survey to determine whether the planned location, about 25 kilometres south of the Red […]

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Tractebel inks Jordan deal

Jordan has signed a $12m agreement with Belgium-based Tractebel Engineering as part of the kingdom’s plan to build its first nuclear plant and reduce reliance on oil imports, Bloomberg has reported. Under the agreement, Tractebel will first carry out a two-year survey to determine whether the planned location, about 25 kilometres south of the Red […]

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Jordan moves ahead with IPP project

Jordan’s National Electric Power Company (Nepco) has invited 13 prequalified consultants to bid for a consultancy contract on a new independent power project (IPP), MEED has reported. The firms are Fichtner and Lahmeyer International, both German; Belgium’s Tractebel Engineering; UK law firm Denton Wilde Sapte; PricewaterhouseCoopers, also of the UK; Kema of the Netherlands; and […]

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Jordan moves ahead with IPP project

Jordan’s National Electric Power Company (Nepco) has invited 13 prequalified consultants to bid for a consultancy contract on a new independent power project (IPP), MEED has reported. The firms are Fichtner and Lahmeyer International, both German; Belgium’s Tractebel Engineering; UK law firm Denton Wilde Sapte; PricewaterhouseCoopers, also of the UK; Kema of the Netherlands; and […]

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Jordan moves ahead with IPP project

Jordan’s National Electric Power Company (Nepco) has invited 13 prequalified consultants to bid for a consultancy contract on a new independent power project (IPP), MEED has reported. The firms are Fichtner and Lahmeyer International, both German; Belgium’s Tractebel Engineering; UK law firm Denton Wilde Sapte; PricewaterhouseCoopers, also of the UK; Kema of the Netherlands; and […]

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Jordan moves ahead with IPP project

Jordan’s National Electric Power Company (Nepco) has invited 13 prequalified consultants to bid for a consultancy contract on a new independent power project (IPP), MEED has reported. The firms are Fichtner and Lahmeyer International, both German; Belgium’s Tractebel Engineering; UK law firm Denton Wilde Sapte; PricewaterhouseCoopers, also of the UK; Kema of the Netherlands; and […]

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Oil prices ‘determined by economy’

Said Arabia’s oil minister Ali al-Naimi has said that economic growth will determine the direction of oil prices over the next few months, not stockpile levels, Bloomberg has reported. ‘Oil today is a commodity. As long as economic growth is there, the price is going to go up,’ he has said. Related Posts:EUR/USD. November 7th. […]

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Oil prices ‘determined by economy’

Said Arabia’s oil minister Ali al-Naimi has said that economic growth will determine the direction of oil prices over the next few months, not stockpile levels, Bloomberg has reported. ‘Oil today is a commodity. As long as economic growth is there, the price is going to go up,’ he has said. Related Posts:EUR/USD. November 7th. […]

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Oil prices ‘determined by economy’

Said Arabia’s oil minister Ali al-Naimi has said that economic growth will determine the direction of oil prices over the next few months, not stockpile levels, Bloomberg has reported. ‘Oil today is a commodity. As long as economic growth is there, the price is going to go up,’ he has said. Related Posts:EUR/USD. November 7th. […]

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Oil prices ‘determined by economy’

Said Arabia’s oil minister Ali al-Naimi has said that economic growth will determine the direction of oil prices over the next few months, not stockpile levels, Bloomberg has reported. ‘Oil today is a commodity. As long as economic growth is there, the price is going to go up,’ he has said. Related Posts:EUR/USD. November 7th. […]

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Opec: Keep quotas

Opec’s production-monitoring committee has recommended maintaining existing output quotas and improving compliance, Bloomberg has reported. The 11 Opec members bound by quotas are currently complying with about 68% of their promised cutbacks, Kuwait’s oil minister Sheikh Ahmed al-Abdullah al-Sabah has said, adding that ‘75% would be fine.’ Related Posts:Weekly Forex Outlook: 24/11/2023 – All eyes […]

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Opec: Keep quotas

Opec’s production-monitoring committee has recommended maintaining existing output quotas and improving compliance, Bloomberg has reported. The 11 Opec members bound by quotas are currently complying with about 68% of their promised cutbacks, Kuwait’s oil minister Sheikh Ahmed al-Abdullah al-Sabah has said, adding that ‘75% would be fine.’ Related Posts:Weekly Forex Outlook: 24/11/2023 – All eyes […]

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Opec: Keep quotas

Opec’s production-monitoring committee has recommended maintaining existing output quotas and improving compliance, Bloomberg has reported. The 11 Opec members bound by quotas are currently complying with about 68% of their promised cutbacks, Kuwait’s oil minister Sheikh Ahmed al-Abdullah al-Sabah has said, adding that ‘75% would be fine.’ Related Posts:Weekly Forex Outlook: 24/11/2023 – All eyes […]

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Opec: Keep quotas

Opec’s production-monitoring committee has recommended maintaining existing output quotas and improving compliance, Bloomberg has reported. The 11 Opec members bound by quotas are currently complying with about 68% of their promised cutbacks, Kuwait’s oil minister Sheikh Ahmed al-Abdullah al-Sabah has said, adding that ‘75% would be fine.’ Related Posts:Weekly Forex Outlook: 24/11/2023 – All eyes […]

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Al Toukhi inks Ozdil JV

Saudi Arabia-based Al-Toukhi Company for Industry, Trading & Contracting, and Turkey-based Ozdil Energy, Contracting, Trade, and Industry, have signed an agreement to form a 50-50 joint venture to construct overhead transmission line projects in the Saudi Arabia, Arab News has reported. The new JV aims to implement contracts for Extra High Voltage (EHV) transmission line […]

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Al Toukhi inks Ozdil JV

Saudi Arabia-based Al-Toukhi Company for Industry, Trading & Contracting, and Turkey-based Ozdil Energy, Contracting, Trade, and Industry, have signed an agreement to form a 50-50 joint venture to construct overhead transmission line projects in the Saudi Arabia, Arab News has reported. The new JV aims to implement contracts for Extra High Voltage (EHV) transmission line […]

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Al Toukhi inks Ozdil JV

Saudi Arabia-based Al-Toukhi Company for Industry, Trading & Contracting, and Turkey-based Ozdil Energy, Contracting, Trade, and Industry, have signed an agreement to form a 50-50 joint venture to construct overhead transmission line projects in the Saudi Arabia, Arab News has reported. The new JV aims to implement contracts for Extra High Voltage (EHV) transmission line […]

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Al Toukhi inks Ozdil JV

Saudi Arabia-based Al-Toukhi Company for Industry, Trading & Contracting, and Turkey-based Ozdil Energy, Contracting, Trade, and Industry, have signed an agreement to form a 50-50 joint venture to construct overhead transmission line projects in the Saudi Arabia, Arab News has reported. The new JV aims to implement contracts for Extra High Voltage (EHV) transmission line […]

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