Strategic Buy-Out in the Energy Sector

Posted on December 6, 2014 by Pooja Sharma — Leave a comment

With the increasing focus on renewable energy, hydroelectric power is being looked upon as a valuable investment in the Energy Sector today. In recent news, two important hydroelectric power projects owned by the Noida-based Jaypee Group Conglomerate will be purchased by the Mumbai-based JSW Energy Group.

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The two hydro-projects that have been chosen for the buyout include the Karcham Wangtoo Hydro Project of 1091 MW and the Baspa (II) project of 300 MW. Both of these are extremely strategic hydroelectric plants as far as their location and power output is concerned, and these have been purchased by JSW Energy for a total value of approximately 97,000 crores.

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Other Projects of the Jaypee Group

The other hydropower projects owned by the Jaypee group include the very famous Sardar Sarovar Dam, which happens to be the largest concrete dam in India, built upon the River Narmada in Navagam, Gujarat. Yet another landmark dam owned by the group is the Asia’s highest Rockfill dam, the Tehri Dam on the River Bhagirathi located near Tehri in Uttarakhand.

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The JSW Group

The JSW Group is an 11 Billion-Company with its headquarters in Mumbai, and it has several verticals in the sectors of Energy, Steel, Cement and Infrastructure.

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There a number of existing as well as working projects of these groups in the Indian states of Himachal Pradesh, Chhattisgarh, West Bengal and Uttarakhand. The gross yearly revenue earned by the group on all its projects is collectively estimated at 1.4 billion USD, and it is one of the most crucial private companies in the energy sector of India.

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Slashed Oil Prices create ripples in the Global Economy

Posted on October 14, 2014 by Pooja Sharma — 4 Comments
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Yadav Abhishek, EzineArticles Basic Author

No other event or occurrence affects the global economy as much as the price fluctuation of crude oil. With an intense competition amongst oil-producing nations to maintain as well as expand their market share in the realm of Oil and Gas, it is evident that any drastic fall or increase in prize immediately becomes a sensational piece of news, and grabs eyeballs across all countries. The very recent move by the world’s most important oil-producing nation, Saudi Arabia, to slash down its oil prices in order to continue maintaining its lion’s share in the global market, been received with mixed reactions. While some entities and corporations are in support of this strategy, others are being vocal against it. On the whole, the prospects for Oil and Gas Translation Services, and particularly Oil and Gas Translation Services in UAE have widened up to a large extent.

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Oil-Prices-Down

Being one of the top providers of Oil and Gas Translation Services in Dubai, TridIndia is a highly renowned global language service provider, with its core area of expertise being in technical translation, as well as Oil and Gas Translation Services in over 50 languages. With prior experience of having worked on several pivotal oil and gas projects in the Commonwealth nations over the past decade, TridIndia’s Oil and Gas Translation Team has a definite edge over any such service provider, in terms of quality and accuracy of translation, cost-effectiveness, promptness and knowledge of the latest terms and terminology in the Oil and Gas Sector. TridIndia is definitely a name to reckon with in the Global Oil and Gas Industry, for being the most reliable service provider for Oil and Gas Services.

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Arabic Translation Services in Delhi-New Delhi

Posted on August 8, 2014 by Pooja Sharma — 2 Comments

Arabic to English Translation in Delhi-India is one of the many language-related services that are gaining pace in India, especially in the national capital region. Since the oil reserves of the world are predominantly located in the gulf region, the need for quality Arabic translation becomes all the more inevitable today. The growing influence of various social media platforms in the Middle East, and the large-scale import of products from the gulf countries to India, is some of the vital factors that have provided an impetus to the increased demand of Arabic translators in Delhi- India.

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English to Arabic Translation in Delhi by Native Arabic Translator
Modern Standard Arabic is a Semitic language, and it is the official form of Arabic, written and spoken across countries of the Arab League, namely Iraq, Saudi Arabia, Jordan, Lebanon, Syria and Yemen. With over 420 million speakers across the world, Arabic is one of the six official languages of the United Nations. TridIndia has a highly qualified team of native Arabic translators in Delhi, who are adept at yielding quick and accurate, context-specific translations for its numerous clients, both within India, as well as across the globe.

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Translation, Editing and Proof Reading are the three aspects that come together to deliver a highly accurate translated version of any document or drawing. Keeping this in mind, TridIndia employs the standard operating procedure of translation by a certified native translator, followed by editing by a second native expert, and last but not the least, a DTP expert finally proof read the document and makes necessary changes to deliver the document in the desired format with great precision.

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Oil and gas translation and technical jargons

Posted on June 25, 2014 by Pooja Sharma — 3 Comments

Yadav Abhishek, EzineArticles Basic Author

Oil and gas industry is a technical sector which includes the usage of lot of jargons. Jargons are the technical words or terms which are a part of any technical sector. However there are certain jargons which are not necessarily related to technical sector but also some other sectors like medical and legal. Jargons are re-phrased words which have been formed using commonly spoken words.

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Translation is a way to make communication between people, business or organizations efficient and fast. With the global expansion, like several other business sectors and organizations, oil firms require technical translations for improving their business communication cross-borders.

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Oil and gas translation requires professional expertise on technical jargons on the part of translator. There are several technical terms which may sound similar but have entirely different meaning in oil and drilling sector. Let us take one example. For people who have never been a part of oil and gas industry, ‘riser’ would simply imply something which is related to rising like legs in chair. However, in oil and gas industry, this refers to a piece of furniture which carries oil and gas from pipeline to platform.

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One more such jargon is ‘Christmas tree’ which does not refer to any coniferous tree in the oil and gas industry. It is a jargon used to control the flow of oil and gas from pipeline.

The baseline is that oil and gas is a fascinating industry. If you are working on any translation project, it is important for you to be fluent with the jargons or terms. Don’t be surprised but it is like learning a new language. Oil and gas translations involve not only expertise in two languages but also in the terminology which is sometimes a challenge. To tackle this issue, translation agencies hire professional experts trained in specific business sector who can easily understand and work with technical jargons.

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Iraq’s crisis could shut down oil companies in the region

Posted on June 19, 2014 by Pooja Sharma — Leave a comment

Yadav Abhishek, EzineArticles Basic Author

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Iraq is in great crisis. Sunni rebels have taken over some of the country’s northern cities. The rebels are fighting hard and have ruthlessly murdered several people including Iraqi soldiers. They are violating major human rights norms. Country’s Shia led government has been offered help by Iran and some western countries majorly US.

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One of the main industries which are severely affected by Iraq’s crisis is the oil industry. Many oil companies have asked their staffs to come back as they are terrified with the possibility of strikes at country’s major oil fields by Sunni extremists. However, the Baghdad government has assured tight security in this regard.

Iraq’s-crisis-could-shut-down-oil-companies-in-the-region
Iraq produces and caters to almost 90% of its oil supplies. According to the Iraqi officials, the southern regions which hold oil resources are entirely safe from the rebels. Government has deployed one lac security forces to protect oil facilities. While the government claims at maintaining tight security, oil companies are taking no chances and are pulling their foreign staff which could be the main target of rebels. Operations are still on in the oil companies like BP while the non-essential staffs have already moved out of the country. According to a report by Exxon Mobil, which is evolving with a huge oil field, it is cutting its staff from the region. Moreover, in view of the grim situation, some importers are feeling uncertainty about the supplies in future. So the future seems uncertain for the industry.

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Language barrier cuts dialogue between Iraqi Arabs and Kurds

Posted on June 17, 2014 by Pooja Sharma — 1 Comment

Yadav Abhishek, EzineArticles Basic Author

Interestingly not many Iraqi Kurds speak fluent Arabic and many of them are not familiar with this language at all. Most of the Iraqi Arabs do not even speak Kurdish which means there is no linguistic connection between the two largest groups of the country. Apart from the language barriers, there have been long-standing disputes between the country’s Kurdish region and government which has created tension and bitterness between the two sides of the country. Moreover the policy of ‘ Arabisation’ which forced Iraqi kurds from their homes and replaced by Arabs was again the trigger for creating bitterness among the two largest population of this country.

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Older generation had considerable amount of pressure to learn Arabic which decreased over a period of time with the coming generation. The result is younger Kurdish people are more comfortable in learning English and now they prefer learning English as compared to Arabic language. The lack of Arabic language among young Kurdish people is thus a result of resentment among Kurds due to the ages of repression and isolation in their country.
When asked, most of the Kurdish people are of the opinion that they just don’t like Arabic owning to the fact that it is useful only in Middle East while English is the universally accepted language in the world.
Government is taking few steps to inculcate the knowledge of Arabic language in schools but there is still a long way to go. Most of the people don’t speak Arabic at all. Regional ministry of Kurdish region has introduced a new curriculum in Arabic language in order to promote Arabic language in the regions.

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Arabic content and virtual technology to shape up UAE travel industry

Posted on June 11, 2014 by Pooja Sharma — Leave a comment

Yadav Abhishek, EzineArticles Basic Author

Technology seems to be shaping the Middle East travel sector as more and more expats return back to their home. With the fast-changing technology, more emphasis is now being given to the Arabic content. According to a report from Amadeus, a travel technology provider, about 25% of the gulf population is presently under the age of 15 years.

Arabic content and virtual technology

Arabic content and virtual technology

As the young virtually-connected generation becomes the decision maker of tomorrow, they will create a pressure on every industry to adapt technology. As far as the travel sector is concerned, there is a pressing demand of Arabic content in the Arabic world.

Virtual reality is the need of the day. It has shifted functions of various industries including the fast-paced travel industry. Virtual technology is also set to increase the face of travel industry to a great extent. Technology giants like Google, Facebook have already taken a giant leap in the virtual technology sector. Google launched the Art Project which enables people to visit virtually in seventeen museums across the world.

As the economies of Middle East and European countries continue to grow, large percentage of expats are choosing to return back to their countries.

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Among the Middle East countries, Qatar witnesses the highest number of migration of construction worker force. This figure is going to rise further in the coming years.

Looking at Dubai which leads in the Middle East market attracting conferences, exhibitions, incentives and meetings, it is estimated to attract between three million and four million business expats by the year 2020. With all these reports, UAE has the best chance to benefit from the inflow of expats.

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Modi’s win seen positive for oil and gas sector

Posted on May 21, 2014 by Pooja Sharma — Leave a comment

Yadav Abhishek, EzineArticles Basic Author

Narendra Modi’s win in India’s recent general polls is expected to see some major reforms in the oil and gas sector. His win could end the extended period of under-investment oil & gas industry has been going through in the country. The humongous victory of Bhartiya Janta Party led elections to form a stable government in India is expected to address some of India’s crucial economic challenges.

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In the past, low gas prices have been a great barrier for offshore exploration opportunities and more -over lot of foreign investors also exited due to India’s regulatory hurdles.

According to the analysts, the new government is likely to increase the prices of natural gas which would promote foreign investment in oil and gas sector. It will consequently control diesel prices which will cut government’s subsidy prices. In a recent report by Credit Suisse, the oil and gas sector in India will see reforms and many measures will be taken by the government and implemented in oil and gas sector.

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Analysts say that after a long period of stall in energy reforms, Modi Government will finally bring oil and gas reforms in India. This implementation will carry forward previous government’s policy of decreasing oil prices and bringing number policies which will consequently promote investments in energy sector.

In the last couple of years, India has been facing increased import costs and deteriorating output. In the past, government had no option but to raise oil and gas prices. With the new government forming in and Modi taking oath as the Prime Minister of India, oil and gas companies are seeing a positive sign.

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Wheels to get Arabic language translation

Posted on May 21, 2014 by Pooja Sharma — 1 Comment

Yadav Abhishek, EzineArticles Basic Author

The popular auto-magazine ‘Wheels’ is set to launch its translated version in Arabic language. Al Nisr, the publisher of Wheels magazine plans to launch only the print version of this magazine initially. Website and apps will be added in the longer run. Al Nisr plans to print 13,000 print copies of magazine weekly. According to the company, there is high demand of quality auto magazine for native Arabic speakers in the gulf so launching Arabic language version of Wheels will be able to fill this gap in the gulf market.

Wheels_GolfGiveaway

Wheels launched its first magazine in the year 2005 in English language. It has picked up a significant pace in the market owing to its high-quality content, photography, designs, entertaining tone and accessibility.

Despite the fact that UAE has cosmopolitan cities, Arabic language and culture is still an important connection between the non-Arabic speaking world and locals. According to an article published by UAE’s largest English Newspaper, Gulf News, Arabic language is one of the important ways to establish trust and build understanding in both social and business structures in UAE. Abu Dhabi and Dubai are the two largest cities in UAE which host several programs to promote Arabic language learning. Sharjah which is known as the cultural capital of the UAE has numerous schools and institutions for studying Modern and Gulf Arabic (native language of the locals in UAE).

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Wheel’s Arabic language translation in UAE therefore comes as a strong strategy to access locals and Arabic speaking population in the world.

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Growing opportunities for expats in oil and gas industry

Posted on May 17, 2014 by Pooja Sharma — Leave a comment

Yadav Abhishek, EzineArticles Basic Author

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According to a recent survey by Mercer, oil and gas industry is in the middle of talent crunch. It indicates that many employers are at the risk of losing approximately 60% of the workforce in the coming five years as they reach retirement age. This situation is going to offer enormous opportunities for people looking for lucrative jobs in oil and gas industry in overseas. The survey also revealed some other talent issues faced by employers in the oil and gas industry sector.  About 74% of the employers  stated the issue of technical skill gap as one of the major problems faced by oil and gas sector in UAE and other middle-east markets. Most of them also cited the shortage of leadership, management and supervision skills.
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Abu Dhabi, which is one of the largest sources of oil and gas in UAE, is looking for magnifying its production to more than million barrels per day in the next six years. With the projects such as NASR, Umm Lulu, Upper Zakum, SARB, Abu Dhabi is likely to increase the production of gas in UAE. Therefore it is an excellent time to work in this sector in Abu Dhabi (UAE).  In Oman, it is estimated that more than 20,000 professionals will be needed for new projects as well as to enhance the current oil and gas projects. According to a recruitment consultancy NES Global Talent, middle-east has been expecting a surge in opportunities in the oil and gas sector. According to them, Iraqi Kurdistan is one of the hottest spot for oil and gas exploration globally. The huge size of oil and gas market here has been attracting lot of investors and operators. Most of the companies are in the exploration phase which opens the prospects of massive employment opportunities in Iraq.

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