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Welcome to our Resource Center, your hub for the latest insights and updates in the MENA region. Explore our collection of blogs, discover funding deals, stay informed on government initiatives, and keep up with key business conferences

Government Initiative in UAE

Read about all the government initiative in UAE

UAE

  •  December 18, 2024

ADNOC Drilling, SLB, and Patterson-UTI finalized the Turnwell Industries joint venture, with ADNOC holding a 5 ..Read More

ADNOC Drilling, SLB, and Patterson-UTI finalized the Turnwell Industries joint venture, with ADNOC holding a 55% stake. Turnwell has achieved record efficiency in its initial 144 unconventional wells, reducing delivery time by 13% and costs by 53% on a four-well pad. The JV aims to unlock Abu Dhabi’s vast unconventional oil and gas resources using advanced drilling technologies and AI-driven innovations.
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Oman

  •  December 18, 2024

RINA has been selected by Hassan Allam Construction and its subsidiary Kortech to oversee systems integration ..Read More

RINA has been selected by Hassan Allam Construction and its subsidiary Kortech to oversee systems integration for the Hafeet Rail project, a 303 km railway network connecting the UAE and Oman. The project will improve transportation, reducing travel time between Abu Dhabi and Sohar to 100 minutes and transporting 15,000 tonnes of cargo per journey. RINA will ensure the integration of subsystems, including signalling and telecommunications, while Kortech will manage the efficient execution of project systems.
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UAE

  •  December 16, 2024

Drydocks World and GE Vernova have secured a contract to deliver Ostwind 4, a 2 GW offshore wind grid connecti ..Read More

Drydocks World and GE Vernova have secured a contract to deliver Ostwind 4, a 2 GW offshore wind grid connection in Germany's Baltic Sea, powering nearly 2 million households. The project includes HVDC technology, offshore and onshore converter stations, and a 110-km DC cable system, marking Germany's first deployment of 525 kV HVDC in the Baltic. This initiative supports European energy security and the global clean energy transition.
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UAE

  •  December 16, 2024

XRG and bp have finalized the formation of Arcius Energy, a joint venture focused on international natural gas ..Read More

XRG and bp have finalized the formation of Arcius Energy, a joint venture focused on international natural gas operations, with bp holding 51% and XRG 49%. Initially operating in Egypt, the JV combines their technical expertise and aims to build a competitive gas portfolio while supporting a lower-carbon energy transition. Naser Saif Al Yafei was appointed CEO, and Katerina Papalexandri CFO, bringing extensive experience from ADNOC and bp.
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UAE

  •  December 16, 2024

ADNOC has signed a 15-year Sales and Purchase Agreement with Germany’s EnBW for 0.6 million tonnes per annum ..Read More

ADNOC has signed a 15-year Sales and Purchase Agreement with Germany’s EnBW for 0.6 million tonnes per annum (mtpa) of LNG from the Ruwais LNG project, set to begin deliveries in 2028. This marks ADNOC’s second long-term LNG deal with Germany, advancing UAE-Germany energy collaboration under the ESIA agreement and supporting decarbonization efforts. The Ruwais LNG project will double ADNOC Gas’ production capacity to 15 mtpa by 2028.
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UAE

  •  December 15, 2024

AD Ports Group has inaugurated CMA Terminals Khalifa Port, a state-of-the-art container terminal with a value ..Read More

AD Ports Group has inaugurated CMA Terminals Khalifa Port, a state-of-the-art container terminal with a value of AED 3.1 billion (USD 845 million). The facility, managed by a joint venture between CMA Terminals and AD Ports, boosts Khalifa Port’s container capacity by 23%, reaching nearly 10 million TEUs annually. The terminal features advanced infrastructure, including automated gates, solar panels, and the region's first net-zero carbon administration building, reinforcing Abu Dhabi's role in sustainable and smart trade.
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UAE

  •  December 14, 2024

Uzbekistan's President Shavkat Mirziyoyev inaugurated the 500 MW Zarafshan wind farm, the largest in Central A ..Read More

Uzbekistan's President Shavkat Mirziyoyev inaugurated the 500 MW Zarafshan wind farm, the largest in Central Asia, developed by Masdar. Masdar plans to invest $2 billion in Uzbekistan for over 2 GW of clean energy projects and signed an agreement to develop a 1 GW wind farm in Mingbulak. Uzbekistan aims for 20 GW of clean energy capacity by 2030, with Masdar playing a key role in its renewable energy initiatives.
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UAE

  •  December 13, 2024

Dubai Electricity and Water Authority (DEWA) has completed a 30 million imperial gallon (MIG) desalinated wate ..Read More

Dubai Electricity and Water Authority (DEWA) has completed a 30 million imperial gallon (MIG) desalinated water reservoir project in Hatta, valued at AED 86 million. This initiative is part of DEWA's strategy to increase water reserves and improve the efficiency of water networks in Dubai. The project aligns with the Comprehensive Development Plan for Hatta and is expected to enhance water flow and meet growing demand. DEWA is also expanding its storage capacity, with additional reservoirs planned for 2025.
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