Industry

ENOC Group announce record sales volume in 2016

ENOC Group BoardEmirates National Oil Company (ENOC) announced a record volume of sales of petroleum products of 245mn barrels, reflecting a five-year rolling average growth of nine per cent

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Kohler Co acquires Clarke Energy

INDPR Release Detail 12AKohler Power, a part of the Kohler Co, has acquired Clarke Energy, a UK-based multinational specialist in the engineering, construction, installation and maintenance of engine-based power plants


Kohler Co announced today (2 February) that its power group, global leaders in engines and power generation systems, has acquired Clark Energy, the UK based specialist of engine-based power plants and authorised distributor of GE's reciprocating engines in 19 countries across the world. 

"Clarke Energy’s end-to-end capabilities are very highly regarded around the world and the company’s products and services are an excellent fit within our existing power systems business,” said David Kohler, President and CEO of Kohler Co. “We’re excited about this acquisition because it adds the distribution of large gaseous generators – viewed as a clean power source – to our product portfolio. We believe Clarke Energy’s prime and continuous gaseous solutions are an ideal complement to our existing diesel generator offering for standby applications.” 

Founded in 1989, Clarke Energy provides comprehensive distributed power solutions in multiple industries for mostly prime and continuous power requirements. The privately held firm employs more than 1,100 people and has established a vast network of service locations with highly trained, localized professionals. Company founder Jim Clarke, as well as current CEO Jamie Clarke and all other company leaders, will be maintaining their roles following the acquisition. 

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Shell to sell stake in Sadaf Chemicals in KSA to Sabic

Slovnaft new polypropylene plant PP3Shell and Sabic have signed an agreement whereby Sabic will acquire 50 per cent of Shell's share in the Sadaf joint venture in Saudi Arabia 

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Halliburton announce Q4 2016 results

HalliburtonNorthHoustonHalliburton's revenue in Middle East/Asia was US$1.1bn, a 10 per cent increase sequentially, with an operating income of US$203mn, a 32 per cent increase sequentially

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Yokogawa win control systems order at UAE power and desalination station

Blue Souq SharjahYokogawa Electric Corporation has announced that it had received an order from the Sharjah Electricity and Water Authority (SEWA) to provide control systems for the Layyah Power and Desalination Station 

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