Modi’s win seen positive for oil and gas sector

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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Posted in Latest News, Oil and Gas Translation

Wheels to get Arabic language translation

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.

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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

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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Sharjah to focus on European tourists

Yadav Abhishek, EzineArticles Basic Author
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Sharjah eyes tourism opportunities in European countries owing to its large overseas market. Europe is one of the largest sources of tourists in the entire emirate market. Sharjah received more than 250,000 guests from European countries from January to March witnessing 22% increase from the last year. About 71,000 tourists came from Asia. Government is focusing on building infrastructure to back its vision of enhancing tourism in Sharjah and there has been a surge in hotel construction and a heritage project in the center of Sharjah which will be completed by the year 2025.
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Like every year, Sharjah Commerce and Tourism Development Authority plans to conduct a roadshow to Germany, Switzerland and Austria for five days this year. Earlier the roadshow was organized under the National Council for Tourism and Antiquities, Sharjah which covered Germany and Netherlands. However, this time the major focus will be on the Islamic culture and Arabic language. This is an intelligent move by Sharjah which faces challenges from its famous and flashy neighbors like Dubai.  It stands right next to one of the famous cities in the world, Dubai dripping with superlatives and with one of the world’s tallest structures and the list seems never-ending when we speak about Dubai’s attractions. Dubai demonstrated its marketing strategy by successfully bidding for World Expo 2020. On the other hand, Sharjah directed its focus to build its reputation as a center for Islamic culture. It also clearly demonstrates that Sharjah does not need that slice of tourism which Dubai and other flashy cities enjoy!

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Turkey airs its first TV show in Arabic language

Yadav Abhishek, EzineArticles Basic Author
In order to build better relations with Arabic world, Turkey has taken an initiative by airing its first TV channel- Hira TV in Arabic language. “Hira” signifies the name of the cave where Prophet Muhammad received revelation from God for the first time.

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Hira TV channel broadcasted its first live symposium on the topic – Wealth of Islam: Islamic Opinion and Comparison which witnessed huge participation of people from Middle East countries and other Muslim dominated countries. The program was available for live streaming on the official website of Hira TV : www.hira.tv. Hira TV will also feature a channel known as Samanyolu TV which has been airing Arabic language programs since 20 years.

Before Hira TV, Turkey started publishing Hira Magazine in the year 2012. According to the Editor in Chief of Arabic language magazine, Hira, Nevzat Savas, he was proposed by people to start a TV channel in Arabic language for native Arabic speakers. . The slogan of the channel is “The language of truth”. The main aim of setting up this channel was to extend ties between Arab world and Turkey. The two countries share close connection through cultural, historical, geographical and economic bonds. The major target audience of this channel is Arabic families who will be inclined towards watching the cultural and scientific programs in Arabic language. The channel is further planning to feature Islamic lectures from Fethullah Gulen, a Turkish-Islamic intellectual. Turkey further wants to broadcast this channel to five continents.

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Posted in Arabic Translation services, Latest News

Arabic literacy and translation – An insight

Yadav Abhishek, EzineArticles Basic Author

According to the statistics in Arab Human Development Report (2002) by UN, about 65 million Arab people between the ages 20-40 are illiterate. Every year Greece publishes five times more translated books from English to Greek than the entire Arab world. Spain translates more books from English to Spanish language than the entire Arabic countries. These Stats show how grim is the situation of Arabic translations in native Arabic regions. Imagine how infrequently other languages like Spanish, German, Russian, French, Portuguese, Japanese and Chinese are translated into Arabic language in such countries. The end result is -the native Arabic people who can at least read do not get the opportunity of reading the famous international books and literature as it is very rarely available to them.

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Stats

Regarding the production of books, Egypt and Lebanon produce the largest numbers of books in entire Arabic countries. In 2008, Lebanon had figures close to 3500 books whereas Egypt produced close to 3000 books in the same year.

Interventions

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According to the reports by UN, Arabic countries will face several hurdles in development in the given circumstances. It said that without the growth in the access to literature and education, other developments in this region can be accomplished properly. Government should take necessary steps to expand the exposure of international literature for youth in such regions. More emphasis should be given on English to Arabic translations of children books. Arabic translation agencies should help Arabic publishers to produce authentic of famous literature’s in native Arabic language

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Top-Ten-Oil-and-Gas-Companies-of-UAE

Yadav Abhishek, EzineArticles Basic Author
UAE lies between Oman and Saudi Arabia and is enclosed by the gulf of Oman and the Persian Gulf. Consisting of seven states, UAE has emerged as one of the highly developed economies in Middle East.  UAE ranks as fifth holder of oil reserves and fourth largest natural gas reserves, due to which there has been a growing presence of oil and gas companies.  UAE has been a member of OPEC (Organization of the Petroleum Exporting Countries) since 1967 and it produces about 98 billion barrels of oil and approximately 214 trillion cubic feet of natural gas. Here are the top ten oil and gas companies operating in UAE:

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  1. Abu Dhabi National Oil Company (ADNOC): Abu Dhabi National Oil Company is one of the largest oil companies exploring enormous reserves of oil and gas in UAE. Established in the year 1971, ADNOC operates in all the areas of this industry. Over the years this company has broadened its network and has emerged as one of the biggest companies in Abu Dhabi with the production of over 2.7 million barrels/day. Official website: www.adnoc.aewww.adnoc.ae
  2. GASCO: The Abu Dhabi Gas Industries Ltd abbreviated as GASCO was established in 1978 in Abu Dhabi. It was formed with the vision to utilize UAE’s immense gas resources. GASCO evolved as a joint venture between ADNOC, Total, Shell and Partex.  Official website: www.gasco.aewww.gasco.ae
  3. The Abu Dhabi National Energy Company PJSC (TAQA): TAQA is a government controlled energy company of UAE. Laid in the year 2005, TAQA is engaged in production of oil and gas, Storage of oil and gas and power generation. Official website: www.taqaglobal.comTAQA
  4. Dana Gas: Founded in 2005, Dana Gas is one of the independent private sector oil and gas companies of UAE. It produces more than 65,000 barrels of oil and gas per day. Its major focus areas are in exploration and production of oil and gas with its focus in Middle East, Africa and South Asian region. Official website: www.danagas.comdanagas
  5. Crescent Petroleum:  Crescent Petroleum is private oil and Gas Company with it’s headquarters in UAE. Founded in the year 1971, it is engaged in exploration of oil and gas in UAE. It is also the largest independent shareholder in Dana Gas which is one of the largest privately owned oil and gas companies in UAE. Official website: www.crescent.aecrescent
  6. Emarat: Emirates General Petroleum Corporation is one of the UAE’s largest petroleum companies initiated by government in 1981 to market petroleum. Official website: www.emarat.aeemarat
  7. British Petroleum: BP has emerged as one of the leading oil and gas players in UAE market. UAE is an important hub for BP’s operations in Middle East. With its regional office in Dubai, British Petroleum is involved in UAE’s market for trading crude and refined petroleum. Official website:  www.bp.combp
  8. Margham Dubai Establishment: Margham Dubai Establishment is a government controlled oil and gas company operating in Dubai and UAE. Its main area of focus is exploration, production and development of oil in Margham area.                                     Official website: www.dusup.aedusup
  9. The Abu Dhabi Company for Onshore oil operations: The Abu Dhabi Company for Onshore oil operates onshore and inshore of Abu Dhabi. Established in the year 1971, it is one of the premier government controlled oil production companies of UAE.            Official website: www.adco.aeadco
  10. Dragon Oil: Dragon oil is an independent international oil production and development company which has its headquarters in Dubai, UAE. It operates in oil fields of Cheleken Area offshore Turkmenistan in the Caspian Sea.                                                         Official website: www.dragonoil.comdragonoil

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