Regional IT spend set to hit $171bn it-online.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from it-online.co.za Daily Mail and Mail on Sunday newspapers.
Oil Dynamics completes key installation work for water project
DUBAI, 2 hours, 23 minutes ago Oil Dynamics, a German company providing pumping systems for oil and gas industry, in addition to the design, manufacturing and integration of technologies into efficient artificial lift or horizontal pumping systems, said it has completed a substantial water installation in a wide mountainous area in the Eastern Mediterranean. For the project, the company had supplied a turn-key electric submersible pumping system (ESPS) including the electrical variable speed drive, control system, wellhead and production tubing. The ESPS is producing water from more than 1500 m below the ground. The pump itself was installed at 800 m below the wellhead. The deep groundwater is being used for agricultural irrigation of the neighboring fruits plantations, especially apple and cherry trees.
UAE- Mena IT spending to surge 4 5% to $171b in 2021 menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The total IT spending in the Middle East and North Africa (Mena) is projected to hit $171 billion in 2021, up 4.5 per cent from 2020, with the increase in number of remote workers becoming the catalyst to this growth, according to a report.