Search results for: masdar

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  • Masdar, Dutch firms advance hydrogen export plans to Amsterdam port

    8 December 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Ports & Logistics, Research & Development

    Abu Dhabi-based clean energy company Masdar and its Dutch partners Port of Amsterdam, SkyNRG and Zenith Energy Terminals have signed a joint study agreement (JSA) to assess the feasibility of a dedicated liquefied green hydrogen supply chain for Masdar-produced hydrogen to the port of Amsterdam. Under the JSA, the parties are expected to join efforts […]

  • Masdar and CMA CGM forge green maritime fuels alliance

    30 January 2024
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition

    Abu Dhabi-based clean energy company Masdar and French shipping major CMA CGM have signed a strategic supply partnership (SSP) to explore opportunities for long-term green maritime fuels offtake contracts. Masdar revealed the agreement on January 30, stating that the partnership aims to source, supply, and deliver green alternative fuels for CMA CGM’s dual-fuel vessels in […]

  • Romania’s Hidroelectrica and UAE’s Masdar forge ties for floating solar projects, eye offshore wind

    22 April 2024
    Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Vision

    The collaboration may be extended for another three years if the joint venture meets certain conditions during the initial three-year period, as proposed by the joint venture and approved by the board for the final investment decision (FID) phase. 

  • DP World, Masdar partner on renewable energy systems for port operations

    26 February 2024
    Ports & Logistics

    UAE-based logistics giant DP World has signed a partnership agreement with compatriot clean energy company Abu Dhabi Future Energy Company (Masdar) to explore and implement renewable energy systems across DP World’s global port operations in the Middle East and Africa.

  • The largest floating solar power plant in Southeast Asia comes online

    10 November 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Technology, Transition, Vision

    The 192MWp floating solar plant, developed by Indonesia’s state-owned utility company PLN and Abu Dhabi Future Energy Company – Masdar, has been put in operation at Cirata hydropower reservoir in West Java, Indonesia.

  • Masdar-AD Ports collab seeks to develop green hydrogen hub in KEZAD

    12 December 2023
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Research & Development

    UAE-based port operator AD Ports Group and compatriot clean energy company Masdar have signed a memorandum of understanding (MoU) to jointly explore the development of a green hydrogen production hub within the Khalifa Economic Zones Abu Dhabi (KEZAD). The MoU, signed on the sidelines of the UN Climate Change Conference COP28 in Dubai, covers the hydrogen […]

  • Japanese gas firms join Masdar and Inpex for e-methane production study

    24 January 2024
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development

    Japan’s Tokyo Gas and Osaka Gas have signed a collaboration agreement with Abu Dhabi Future Energy Company – Masdar and Japan’s Inpex Corporation to conduct a joint feasibility study on e-methane production in Abu Dhabi in the United Arab Emirates (UAE). According to Inpex, through the initiative, Tokyo Gas and Osaka Gas aim to introduce […]

  • Hydrogen Council welcomes three new members

    30 October 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy

    UAE-based renewable energy company Abu Dhabi Future Energy Company (Masdar), Indian multinational conglomerate Larsen and Toubro (L&T) and Belgium’s Agfa have joined the Hydrogen Council, a global CEO-led initiative that brings together companies with a united vision and long-term ambition for hydrogen to foster the clean energy transition. Joining as steering members are Masdar and […]

  • CMA CGM links up with US sportswear giant Nike to use sustainable biofuel

    5 March 2024
    Collaboration, Research & Development

    French shipping major CMA CGM has entered into an agreement with American athletic footwear and apparel corporation Nike to purchase sustainable biofuel for a part of their maritime transport. 

  • ADNOC and SOCAR unite for low-carbon solutions, hydrogen in spotlight

    6 December 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development, Technology

    UAE’s Abu Dhabi National Oil Company (ADNOC) and the State Oil Company of Azerbaijan Republic (SOCAR) have signed a strategic collaboration agreement (SCA) that sets out their intention to collaborate on the potential development of low-carbon solutions, including hydrogen. As part of the SCA, the two parties will explore opportunities to work together to advance […]

  • Hy24’s Clean Hydrogen Equipment Fund wins Dutch bank’s support

    11 December 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Dutch bank ABN AMRO is investing in the Clean Hydrogen Equipment Fund, managed by Hy24, a clean hydrogen investment fund committed to scaling up the global hydrogen economy. This is said to be the second climate-related fund investment taken on by ABN AMRO Corporate Investments and fits with the bank’s climate strategy announced at the […]

  • Masdar sets sights on Tajikistan’s floating solar potential

    4 October 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    MW Energy, a joint venture between Abu Dhabi Future Energy Company (Masdar) and W Solar Investment, has signed an agreement with Tajikistan’s Ministry of Energy and Water Resources (MOEWR) to explore at least 500MW capacity of clean energy projects, including floating solar power,

  • Floating solar poised to play ‘critical role’ in land-lacking Southeast Asia

    24 January 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Technology, Transition, Vision

    With a lack of suitable sites for onshore solar farms intensifying the need for innovative solutions, floating solar is expected to play a key role in Southeast Asia’s solar expansion, according to Rystad Energy research. Solar photovoltaic (PV) capacity additions are poised to be a central pillar of Southeast Asia’s energy future, with floating installations […]

  • Masdar, PLN NP shake hands to triple the size of ASEAN’s largest floating solar plant

    27 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Technology, Transition, Vision

    UAE’s Masdar has signed the agreement with PLN Nusantara Power (PLN NP) for a 500MW expansion of Cirata floating solar plant in Indonesia – which is set to become the largest floating solar plant in the Association of Southeast Asian Nations (ASEAN).

  • Quadrise readies for MSAR and bioMSAR fuel trials, eyes commercial supply

    6 February 2024
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Research & Development, Technology, Vessels

    UK-headquartered Quadrise has signed a collaboration agreement with renewable biofuels supplier Cargill NV and MAC2 Solutions, part of Group Machiels, concerning the production of MSAR and bioMSAR fuels for its forthcoming marine vessel trials. Upon completion of trials, Quadrise aims to commence commercial supply of MSAR and bioMSAR fuels in Port of Antwerp-Bruges. The collaboration agreement covers […]

  • COP28’s ‘historic package’: Writing on the wall that spells end of fossil fuel era or new opportunity for gas and LNG players?

    13 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Regulation & Policy, Transition

    A deep dive into the outcome of COP28 climate talks, which some see as a climate win while other perceive it to be a backdoor for more gas and LNG projects.

  • BP hands out multi-year global master agreement to Well-Safe Solutions

    1 December 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    BP has hired Well-Safe Solutions on a long-term global master agreement for well engineering and decommissioning support services.

  • Tow master selected for Brazil-bound FPSO destined for Petrobras’ giant oil field

    28 February 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    ABL has been picked as tow master to support and supervise the towage of an FPSO vessel from Yantai, China, to Brazilian waters.

  • THE RIG’s master plan: Offshore oil platform-style ‘extreme’ adventure hub doubles in size

    18 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy

    THE RIG is set to redefine the water sports and tourism landscape while paying homage to the legacy of Saudi Arabia’s rich oil and gas heritage.

  • TECO 2030 and Umoe Mandal seek AiP for fuel cell high-speed vessel design

    1 February 2024
    Business Developments & Projects, Certification & Classification, Collaboration, Infrastructure, Outlook & Strategy, Regulation & Policy, Technology, Vessels

    Norwegian cleantech company TECO 2030 and compatriot shipbuilder Umoe Mandal have submitted an approval in principle (AiP) application to the Norwegian Maritime Authority for the world’s first fuel cell high-speed vessel design. As disclosed, the vessel will be constructed based on Umoe Mandal’s crew transfer vessel (CTV) surface effect ship (SES) technology. Its air-cushion catamaran […]

  • ADNOC goes over its decarbonization progress

    29 September 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Project & Tenders, Transition

    ADNOC has taken the time to check its progress towards its goal of doubling carbon capture capacity by the end of the decade.

  • TECO 2030, Umoe Mandal get preliminary approval for hydrogen fuel cell-powered high-speed vessel design

    29 February 2024
    Authorities & Government, Certification & Classification, Infrastructure, Regulation & Policy, Vessels

    Norwegian cleantech company TECO 2030 and compatriot shipbuilder Umoe Mandal have received “approval of preliminary design” from the Norwegian Maritime Authority for a multimegawatt hydrogen fuel cell-powered high-speed vessel design.

  • EU to introduce stricter fines for illegal discharges from ships

    17 November 2023
    Authorities & Government, Environment, Infrastructure, Regulation & Policy, Rules & Regulation, Vessels

    Ships in the European Union seas should face dissuasive fines not only for oil spills but also for sewage and garbage discharge, Transport and Tourism Committee Members of the European Parliament (MEPs) said.

  • Aker BP returns to Vissim for upgraded oil spill detection solution

    5 January 2024
    Business Developments & Projects, Collaboration, Infrastructure, Innovation, IT & Software, Operations & Maintenance, Outlook & Strategy

    Aker BP has teamed up with technology provider Vissim to adopt an upgraded oil spill detection solution across its key offshore installations.  Set to be installed at Aker BP’s major facilities, including Valhall, Ula, Edvard Grieg, Ivar Aasen, Alvheim, and Skarv, this upgraded, radar-based oil spill detection system utilizes upgraded image processing technology that is […]

  • African leaders call for global action towards net zero, renewables in spotlight

    12 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Regulation & Policy, Transition, Vision

    The Government of Kenya and the African Union have proclaimed that climate change is the single greatest challenge facing humanity which demands urgent and concerted action from all nations to lower emissions and reduce the concentration of greenhouse gases in the atmosphere. During the inaugural Africa Climate Summit in Nairobi, Kenya, held at the beginning […]