The chairman and general director of Sonatrach Abdelmoumen Ould Kaddour and Eni CEO Claudio Descalzi have signed a Memorandum of Understanding (MoU) in Algiers for the development of a partnership in the renewable energy sector
Energy
Hisense launches new generation VRF systems for air conditioners
Hisense, manufacturer and innovator for VRF air-conditioning systems, launched of its new generation G+ high-ambient series of VRF systems last month in Dubai
BP secures 43 per cent share in solar energy firm Lightsource
British oil producer BP has announced that it would buy a 43 per cent stake in solar energy firm Lightsource for US$200mn
Doosan launches 20-60kVA generators for Middle East and Africa
Doosan Portable Power has launched a new range of four generators from 20-60kVA, available in both 50Hz and 60Hz versions
Saudi Arabia signs civil nuclear cooperation deal with Russia, invites bidding from USA
Saudi Arabia and Russia have signed a roadmap deal to implement a civil nuclear cooperation programme that was inked in Moscow in October 2017 when King Salman bin Abdulaziz Al Saud met President Vladimir Putin