energy

DP World hires banks for $1 billion bond to fund Topaz acquisition
The world’s fourth-largest port operator may kick off the sale as early as this week and is likely to raise an Islamic bond, or sukuk.
Dubai's DP World confirms 'advanced' talks to acquire Topaz Energy
The move will end the prospect of its Oman-listed majority owner listing Topaz in London
ADNOC Logistics plans to add 25 new tankers to fleet by 2025
By boosting its merchant fleet, parent company ADNOC will be able to sell more of its commodities on a ‘delivered basis’, increase its global reach, unlock new market opportunities and extend the value of its supply chain.
Etihad ESCO partners with Daikin for JAFZA Package-3 chiller replacement project
The project will result in an annual energy savings of 3,019,679 kWh for JAFZA, thereby saving AED 1.3-million annually.
Petrasco signs six-figure deal with Flowline for work in the Middle East
The two firms have been working together since 2010, with Petrasco starting its logistics support for Flowline in the Middle East three years ago.
DP World contracts SirajPower for JAFZA solar plant installation
SirajPower will deliver a first batch of 15 MW to DP World’s facilities in Dubai located at Jebel Ali Free Zone (Jafza) and National Industries Park, with a 22-year lease agreement to help the company save its energy consumption.
Wärtsilä redesigns organisation, splits energy and marine operations
The new organisational structure will be operational as of 1 January 2019.
VIDEO: ALEC Energy seeks to make UAE warehousing greener
By combining the solutions offered by ALEC Energy and Smart4Power, warehouse operators in the UAE can almost eliminate their carbon footprint in terms of energy use.
Aramex launches 3.2 Megawatt Solar Photovoltaic Plant in Dubai
Solar plant on roof of Aramex warehouse is largest single-rooftop solar photovoltaic plant in the MENA region with 9,000 solar panels, covered over a total roof area of 38,000 square meters.
DP World and Jafza showcase sustainable freezones at WETEX
DP World and its flagship subsidiary Jebel Ali Free Zone (Jafza) will be participating in the Water, Energy and Environment Technology Fair (WETEX) in Dubai.
UAE-based Topaz secures TOTAL contract in Azerbaijan
Topaz Energy and Marine, a leading offshore support vessel company, has announced a new contract with global energy giant, TOTAL, to support its operations in the Azerbaijani market.

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