CB&I bags major contract for Marsa LNG storage tank
Muscat – CB&I, a wholly-owned subsidiary of the US-based McDermott, has been awarded a ''significant'' contract by Marsa LNG – a joint venture between TotalEnergies and OQ – for the engineering, procurement,
Oman mulls local storage options to boost transition to renewable
Energy storage solutions play a critical role in transitioning to renewable energy as these address the irregular nature of energy sourced through renewable sources such as
Oman''s PDO plans new 100-MW solar park with
Petroleum Development Oman (PDO) and its parent Energy Development Oman (EDO) are developing a project in the northern part of the Block 6 concession in Oman that will include 100 MW of solar power
Battery-Based Energy Storage: Our Projects and Achievements
In Belgium, two battery-based energy storage projects. In May 2023, we launched our largest European battery-based energy storage project at the Antwerp platform in Belgium. With its 40
Project Financing and Energy Storage: Risks and
The United States and global energy storage markets have experienced rapid growth that is expected to continue. An estimated 387 gigawatts (GW) (or 1,143 gigawatt hours (GWh)) of new energy storage
OQ breaks ground on strategic fuel storage project in Musandam
Muscat: OQ, the global integrated energy group, yesterday laid the foundation stone for its Strategic Fuel Storage Project in Musandam. The project, with an investment of over OMR 78