VW Southeast Asia

Industry News

What’s happening and hot in the valve and actuation industry? Mergers and acquisitions, promotions, interesting development in end-user sectors, new project deals and so on.

Indian Oil plans to invest Rs 4 trillion

Indian Oil Corporation to invest Rs. 4 lakh crore to expand oil refining and petrochemical business and energy transition projects.

Cheiron discovers oil near GNN field in Gulf of Suez

Cheiron Petroleum Corp. has made a new oil discovery in the Geisum and Tawila West concession offshore Egypt in the Southern Gulf of Suez.

Egypt, South Korea discuss green hydrogen cooperation

Tarek El-Molla met with Kim Young Hyun to discuss ways of strengthening bilateral cooperation in oil, natural gas, and green energy.

Oman’s PDO awards off-plot delivery contracts

Petroleum Development Oman awarded two significant off plot delivery contracts (ODCs) to Omani construction majors.

Linde India Ltd receives LoA from IOCL

Linde India Ltd. awarded a 'Letter of Acceptance' by Indian Oil Corporation Limited (IOCL) for the setting-up of an Air Separation Unit.

Heisco secures USD 280M contract

HEISCO announced it secured contract worth KD 91.7M (USD 280M) to provide mechanical maintenance service at Mina Abdullah Refinery.

Apache to invest USD 1.4bn in Egypt in 2024

Mostafa Madbouly and Tarek El Molla met with a delegation from Apache Corporation to review the company’s plans and investments in Egypt.

Bahrain Steel to supply DR-grade iron ore pellets

Bahrain Steel signed a letter of intent (LOI) with Essar Group to supply 4 million tons of direct reduced-grade (DR-grade) iron ore pellets.

Coal mining PSUs to install over 6.6 GW power capacity

Coal Ministry PSUs are diversifying revenue streams by adding coal-based power capacity of 6,640 megawatts (MW).

ADNOC Gas signs 5-year LNG supply deal with Japex

Abu Dhabi’s ADNOC Gas has signed a five-year deal to supply liquefied natural gas to Japan Petroleum Exploration Co.