Oman

Electric Hydrogen Raises $380 Million to Transform the Economics of Green Hydrogen Production

Retrieved on: 
Tuesday, October 3, 2023

Green hydrogen is needed for decarbonizing vital industrial processes such as fertilizer production, steelmaking, base chemicals and many others.

Key Points: 
  • Green hydrogen is needed for decarbonizing vital industrial processes such as fertilizer production, steelmaking, base chemicals and many others.
  • Until now, switching from fossil-based sources to renewable green hydrogen has been too costly to be implemented at scale.
  • Electric Hydrogen’s 100MW green hydrogen systems use advanced technology that could significantly reduce production costs.
  • Electric Hydrogen manufactures, delivers and commissions the world’s most powerful electrolyzers for critical industries to produce the lowest cost green hydrogen.

Blockchain Economy Dubai Summit 2023: Just Two Weeks Away and Buzzing with Anticipation

Retrieved on: 
Wednesday, September 20, 2023

DUBAI, UAE, Sept 20, 2023 - (ACN Newswire) - The Blockchain Economy Dubai Summit is generating palpable excitement within the blockchain and crypto communities, with only two weeks remaining until the event.

Key Points: 
  • DUBAI, UAE, Sept 20, 2023 - (ACN Newswire) - The Blockchain Economy Dubai Summit is generating palpable excitement within the blockchain and crypto communities, with only two weeks remaining until the event.
  • Scheduled for October 4-5, 2023, at the Le Meridien Dubai Hotel & Conference Center, this prestigious event gathers over 3,000 blockchain entrepreneurs, crypto enthusiasts, and industry leaders from 85 countries.
  • The Happy Bird tickets for the Blockchain Economy Dubai Summit 2023 are nearing a sold-out status, and soon only Lazy Bird tickets will be available.
  • Emirates Airlines, as the Official Airline partner, is offering exclusive travel discounts for global attendees of Blockchain Economy Dubai Summit.

Netcracker Showcases Generative AI and Automation to Drive New Business Value for Telcos at DTW23

Retrieved on: 
Thursday, September 7, 2023

Netcracker Technology announced today that it will participate in TM Forum’s Digital Transformation World (DTW) on Sept. 19-21 at the Bella Center Copenhagen, where it will showcase its groundbreaking portfolio of solutions designed to help CSPs transform into self-sufficient techcos and utilize generative AI and automation to create new opportunities for monetization in the network and the rapidly growing B2B2X, Web 3.0 and metaverse markets.

Key Points: 
  • Netcracker Technology announced today that it will participate in TM Forum’s Digital Transformation World (DTW) on Sept. 19-21 at the Bella Center Copenhagen, where it will showcase its groundbreaking portfolio of solutions designed to help CSPs transform into self-sufficient techcos and utilize generative AI and automation to create new opportunities for monetization in the network and the rapidly growing B2B2X, Web 3.0 and metaverse markets.
  • Netcracker is a Platinum Sponsor of the event and will exhibit in booth #314.
  • Netcracker will also participate in additional speaking sessions with customers and will play an integral role in two Moonshot Catalyst projects exploring metaverse innovations and sustainability scoring.
  • This Catalyst features innovations to leverage blockchain and machine tokenization to establish a credible and verifiable method for tracking carbon emissions by developing a proof of concept system that helps CSPs score suppliers based on the energy and carbon footprint of their products and services.

Otr Elkalam: In the world's largest religious competition - A Saudi Opera Singer Eliminates a Voice Coach

Retrieved on: 
Monday, March 27, 2023

Al-Sharif, who performed previously at the Opera House of Oman and the Egyptian Opera House, was able, through his beautiful vocal capabilities, to present an excellent performance through his melodious adhan.

Key Points: 
  • Al-Sharif, who performed previously at the Opera House of Oman and the Egyptian Opera House, was able, through his beautiful vocal capabilities, to present an excellent performance through his melodious adhan.
  • This helped Al Sharif to eliminate his rival, who had participated in several international competitions, including the Egypt International Competition, the Algerian International Competition, and other competitions in Mauritania and Qatar.
  • Ismail performed with a pure voice and flexible tones, which was evident in his use of the maqam of Sika.
  • The competition is the largest in terms of the number of contestants and prizes that total $3.3 million.

Otr Elkalam: In the world's largest religious competition - A Saudi Opera Singer Eliminates a Voice Coach

Retrieved on: 
Monday, March 27, 2023

Al-Sharif, who performed previously at the Opera House of Oman and the Egyptian Opera House, was able, through his beautiful vocal capabilities, to present an excellent performance through his melodious adhan.

Key Points: 
  • Al-Sharif, who performed previously at the Opera House of Oman and the Egyptian Opera House, was able, through his beautiful vocal capabilities, to present an excellent performance through his melodious adhan.
  • This helped Al Sharif to eliminate his rival, who had participated in several international competitions, including the Egypt International Competition, the Algerian International Competition, and other competitions in Mauritania and Qatar.
  • Ismail performed with a pure voice and flexible tones, which was evident in his use of the maqam of Sika.
  • The competition is the largest in terms of the number of contestants and prizes that total $3.3 million.

Weatherford Announces Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Tuesday, February 7, 2023

Operating income was $169 million in the fourth quarter of 2022, compared to $121 million in the third quarter of 2022 and $33 million in the fourth quarter of 2021.

Key Points: 
  • Operating income was $169 million in the fourth quarter of 2022, compared to $121 million in the third quarter of 2022 and $33 million in the fourth quarter of 2021.
  • The Company’s fourth quarter of 2022 net income was $72 million, compared to $28 million in the third quarter of 2022 and a net loss of $161 million in the fourth quarter of 2021.
  • Fourth quarter 2022 cash flows provided by operations were $193 million, compared to $160 million in the third quarter of 2022 and $88 million in the fourth quarter of 2021.
  • Capital expenditures were $49 million in the fourth quarter of 2022, compared to $39 million in the third quarter of 2022 and $41 million in the fourth quarter of 2021.

Group14 Closes an Additional $214M to Complete $614M Series C Funding Round

Retrieved on: 
Wednesday, December 14, 2022

The latest financing brings Group14's Series C round to a total of $614 million.

Key Points: 
  • The latest financing brings Group14's Series C round to a total of $614 million.
  • According to Pitchbook, Group14's Series C round represents one of the top 10 largest financings in the climate tech sector completed in 2022.
  • "Batteries are becoming the backbone of the clean energy transition," said Brandon Middaugh, Director of Microsoft's Climate Innovation Fund.
  • This additional financing follows Group14's $400 million Series C funding announced in May 2022, led by Porsche AG with participation from OMERS Capital Markets, Decarbonization Partners, Riverstone Holdings LLC, Vsquared Ventures and Moore Strategic Ventures.

500 Global and Sanabil Investments announce Batch 4 of the Sanabil 500 MENA Seed Accelerator Program

Retrieved on: 
Thursday, December 1, 2022

500 Global, a leading global venture capital firm, and Sanabil Investments, a financial investment company focused on global private investments in venture capital, growth and small buyouts, unveiled today the 15 startups in Batch 4 of the Sanabil 500 MENA Seed Accelerator Program 2022.

Key Points: 
  • 500 Global, a leading global venture capital firm, and Sanabil Investments, a financial investment company focused on global private investments in venture capital, growth and small buyouts, unveiled today the 15 startups in Batch 4 of the Sanabil 500 MENA Seed Accelerator Program 2022.
  • They join the 39 companies that have already graduated from the Sanabil 500 MENA Seed Accelerator Program since our launch more than a year ago.
  • Despite global economic headwinds, we continue to strongly believe in the potential of the Saudi and MENA startup ecosystem, said Amal Dokhan, General Partner at 500 Global MENA.
  • The growing interest in the Sanabil 500 MENA Seed Accelerator Program is testament to the unwavering commitment among startups to innovate and develop effective solutions to everyday issues.

Blackline Safety Continues Global Growth With New Deals in the Middle East, Europe

Retrieved on: 
Monday, November 28, 2022

Blackline Safety Corp. (TSX: BLN) , a global leader in connected safety technology, today announced strong international customer commitments through a series of multi-year deals secured across the Middle East and Europe in fiscal 2022.

Key Points: 
  • Blackline Safety Corp. (TSX: BLN) , a global leader in connected safety technology, today announced strong international customer commitments through a series of multi-year deals secured across the Middle East and Europe in fiscal 2022.
  • Blackline Safety closed its largest contract to date in the Middle East with a three-year value of almost $500,000 with OQ Oman, a global integrated energy company operating in 17 countries.
  • These multi-year contracts underscore Blackline Safetys ability to out-compete other safety providers, driving value and data into health, safety, environment and quality programs through connectivity, said Sean Stinson, Chief Growth Officer, Blackline Safety .
  • With connected safety devices and predictive analytics, Blackline enables companies to drive towards zero safety incidents and improved operational performance.

SLB Collaborates with Oman’s Ministry of Energy and Minerals and the Oman Investment Authority on Geothermal Resource Development

Retrieved on: 
Wednesday, November 16, 2022

SLB (NYSE: SLB) is collaborating with Omans Ministry of Energy and Minerals and the Oman Investment Authority in building a national strategy to develop the potential of Omans geothermal resources.

Key Points: 
  • SLB (NYSE: SLB) is collaborating with Omans Ministry of Energy and Minerals and the Oman Investment Authority in building a national strategy to develop the potential of Omans geothermal resources.
  • Using digital technology solutions to assess geothermal resource potential can accelerate prospectivity analysis and, ultimately, the delivery and performance of geothermal installations.
  • We are excited to work with the Ministry of Energy and Minerals and the Oman Investment Authority to explore decarbonization pathways for Oman.
  • This collaboration between the Ministry of Energy and Minerals, Oman Investment Authority and SLB is in line with Omans efforts to decarbonize the energy sector, achieve its Net Zero goal, and implement Oman Vision 2040.