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ENERGY-
Dubai’s Dragon Oil has started crude oil production from the Al Wasl field in Egypt, Wam reports, citing a company statement. The Al Wasl field, with reserves of over 95 mn barrels, was discovered by the state-owned exploration and production platform in 2021, marking its first discovery in Egypt. Dragon Oil intends to invest USD 200 mn into the field’s development.
Future plans: The field currently has a production capacity for 3k barrels of crude oil per day, with the company planning to double that by drilling seven new wells by 2026, according to Zawya. The project encompasses the development of a new offshore production platform, expansion of production and electricity lines to operate oil pumps, and a water injection project to sustain high production rates.
AUTOMOTIVE-
Al Futtaim Automotive supplies e& with BYD electric vehicles: Al Futtaim Automotive’s green mobility unit Al Futtaim Electric Mobility Company and e& signed off yesterday on a handover of 100 YD ATTO 3 vehicles for e&’s fleet, according to a press release. The green mobile vehicles, capable of running for 420 km on a single charge, will replace the Abu Dhabi technology group’s light cars. The move is expected to lower carbon emissions significantly.
ICYMI: Al Futtaim Automotive pledged that at least 50% of its in-country vehicle sales will be hybrid and electric cars by 2030.
CUSTOMS-
New equipment for customs inspections in Al Ain: Abu Dhabi Customs just equipped its Al Ain City land customs centers with advanced inspection devices featuring AI and rapid non-stop scanning technology, according to an Abu Dhabi Media Office statement. The devices have the capacity to scan up to 100 trucks, 150 tourist vehicles, and 150 buses per hour. Khatm Al Shiklah and Mezyad customs centers will now have seven X-ray scanning devices and two central control rooms, the statement reads.
EDUCATION-
The University of Sharjah and Fujairah Research Centre have formed a research partnership — the Fujairah Chair in Applied Science and Technology — at the university to boost collaboration on scientific research, technological and applied sciences, AI, and biological and environmental sciences, Wam reports.
AVIATION-
Montreal-based air cargo logistics advisory SASI World has opened its first MENA regional office in Dubai Airport Freetrade Zone, according to a press release. The new office is designed to “better serve our clients by being located as close as possible to their customers.”
