After three strikes, UAE's Dana Gas suspends its gas expansion project in Iraq's Kurdistan

Following three rocket assaults on its facilities in less than a week as part of an intensification of strikes on energy infrastructure in the area, UAE's Dana Gas has paused a 250 MMcf/d expansion project at its Khor Mor field in Iraq's semi-autonomous Kurdistan region.

Dana Ga...

Turkey shopping for the defense sector

Even though the economy of Turkey is still recovering from the recent recession and the government is spending majority of its fund fighting Iran and Syria in the region, Turkey’s defense agency has disclosed a motivated acquisition plan for the year of 2020, under this plan, the president ...

During the first half of the year, Taqa revenue grows by 5 percent

The Abu Dhabi National Energy Company (Taqa) declared on Thursday its money related outcomes and operational features for the half year time frame finishing June 30, 2019. The organization recorded Dhs9 billions of income in the main portion of the year, a 5 percent expansion contrasted with H1 2...