Middle East

In Brief

Dewa to sponsor WEC

ABU DHABI: Dubai Electricity and Water Authority (Dewa) said that it will be the host sponsor of the 24th World Energy Congress (WEC), which will be held from September 9 to 12 in Abu Dhabi, UAE under the theme ‘Energy for Prosperity’.

Saeed Mohammed Al Tayer, MD & CEO of Dewa, will attend the conference and deliver a speech on the energy sector, reported Emirates news agency Wam.

"We are delighted to take part in the 24th WEC which is the largest, longest-running and most influential energy event in the world. We are confident that the event will be a great success, thanks to the UAE’s premier position on the global energy map. It will be a great opportunity to strengthen global partnerships, explore investment opportunities and technical requirements to meet future global energy demands using both traditional and sustainable resources," said Al Tayer.

Elsewedy wins $18.5m deal

CAIRO: Egypt-based Elsewedy Electric for Trading & Distribution (EETD) has signed a new engineering, procurement and construction (EPC) contract worth EGP308 million ($18.54 million) to build a transmission line and an internal network for the Canal Sugar Company in Egypt.

EETD is a subsidiary of Elsewedy Electric, a leading wires and cables and integrated energy solution provider in the Middle East and Africa.

Qatar in condensate sale deal

DOHA: Qatar Petroleum for the Sale of Petroleum Products Company (QPSPP) has recently concluded a 5-year sale agreement with ExxonMobil Trading Asia Pacific Pte Ltd (EXTAP), a division of ExxonMobil Asia Pacific based in Singapore.

Under the agreement, QPSPP will supply ExxonMobil’s Singapore Integrated Manufacturing Complex with a total of 6 million barrels of Low Sulfur Condensate per year starting in July 2019.