Kerui Petroleum Won a Contract to Supply Geothermal Drilling Rigs and Related Service Orders in Ethiopia

On February 23rd 2019, Kerui Petroleum, along with a geothermal exploration company in East Africa, successfully signed a geothermal exploration contract with the Ethiopia electric power. The contract value is more than USD 80 million. The project is Ethiopia’s first geothermal energy exploration project and the largest one in the geothermal energy field. After completion, the project will provide living and industrial electricity for cities and towns in Ethiopia.

The project includes 2 sets of 50DB geothermal drilling rigs and the whole year of geothermal drilling services. As important support of Ethiopia’s national geothermal exploration strategy, the selection of suppliers for this project is also extremely demanding. Kerui Petroleum stood out in the fierce competition and gained recognition from customers relying on its joint strategic partners, the advantages of one-stop integrated solutions in equipment, oil service and engineering, as well as its mature technical solutions and rich project experiences.

Ethiopia has abundant geothermal energy, and the Ethiopian government attaches great importance to the development of the energy industry, especially the renewable energy industry, among which wind energy and geothermal energy will be focused on.

Ethiopia is an important country of the Belt and

Road Initiative and Kerui Petroleum has developed the market for many years. The business area continues to expand, from spare parts supply to integrated services like complete equipment services, technical services, maintenance as well as operation. These provide a solid foundation for the acquisition of the project.

“The acquisition of the project has enhanced the influence of the Kerui petroleum brand in the African region,” Ding Tuanwei, the project leader, said. “The next priority is to complete project delivery and take the project as an opportunity to accelerate the localization of Kerui petroleum, develop deeper the Ethiopian and the entire African market, promote mutual benefit and win-win cooperation with strategic partners and customers, and continue to contribute to the development of oil & gas energy in the Belt and Road Initiative”.

As per press release on Arab press releases

NEXCOM, a leader in network communication and network security industries, partnered up with ITRI (Industrial Technology Research Institute), FHT (First Hi-Tec), and TUC (Taiwan Union Technology Corp.) to co-develop new technology to overcome design challenge of high-speed signaling. This innovative technology will be applied to high end network equipment in telecommunication industry and expected to be available in Q2 2019.

The innovation encompasses 3 new technology, including a new type of ‘Ultra Low Loss’ material called TUC3, whereas the Insertion loss can reach as minimal as -0.57dB/inch @25Gbps. Another brainchild, named Coaxial VIA, is an innovative technology that outperforms in signal simulation through traditional Pass Through Hole (PTH) VIA. Coaxial

VIA in PCB layout is able to maintain better signal integrity in high speed signal, compared with traditional PTH VIA in PCB FAB. The third innovation is the embedded capacitor layered in PCB FAB instead of current mainstream SMD type capacitor. By using such embedded capacitor, it reduces the circuitry traces by 50% and as a result greatly enhances the signal integrity since it cuts down much of the Synchronized Switching Noise generated by high speed IC chip (such as Mellanox ConnectX-5, etc).

NEXCOM has developed a 100G LAN module showcasing the three innovation put together by the 4-party alliance. “These three patented innovative technologies allow high speed signal to extend the length up to 14,” according to Matthew Liou, Product Line Director of NEXCOM Network

Communication Solutions Business Group. “When the module is tested in Intel Skylake-EP based NEXCOM NSA7146 and runs under NEXCOM’s own DPDK, we witness impressive figures of throughput. We achieve this without any addition of repeaters, re-timers and any other active component in hardware design to safeguard its signal integrity and at the same time, to maintain the desired performance.”

In 5G era, this revolutionary innovation will bring to the world new generation highspeed, broad-band network equipment, as embodied in this milestone-marking 100G LAN module developed by NEXCOM International, a true breakthrough in high speed signal design.

As published in Arab Press Releases

The Ministry of Finance recently launched and concluded the final phase of Sheikh Zayed e-book initiative aimed at introducing primary students to Sheikh Zayed in an innovative manner through a non-traditional book that includes video clips that detail the biography of the founding father. The e-book, which also features voiceover by Shaikh Zayed, aims to introduce young students to the values of sharing, tolerance and sincerity. The launch was part of a series of initiatives undertaken by the ministry in recognition of the late Sheikh Zayed bin Sultan Al Nahyan in the Year of Zayed.

H.E. Mariam Al Amiri, Assistant Under-Secretary for the Management of Financial Resources, said the Ministry of Finance had created the e-book to celebrate the vision and the life of a great leader who played a pivotal role in building and developing the UAE.

H.E. said: “The late founding father Sheikh Zayed bin Sultan Al Nahyan was an exceptional personality and a great leader. He had extraordinary vision and an unparalleled insight on life, specifically when it came to leadership and community affairs, leaving behind a legacy that continues to inspire us to this day. The aim of this initiative is to inculcate his values and vision in our children and future generations to ensure that his personality, moral values and traits remain the pride of the homeland and the people of the UAE.”

The Ministry of Finance launched the first phase of the initiative at the beginning of the school year and distributed 800 e-books in Arabic and English. The books were added to school libraries.

As per the press release on the Ministry of Finance of UAE