Search results for: taqa

210 results

A list of search results

  • TAQA eyes joining 900-kilometer European interconnector

    19 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Abu Dhabi National Energy Company PJSC (TAQA) has signed a memorandum of understanding (MoU) to explore the possibility of becoming one of the shareholders in a project to develop a 900-kilometer HVDC electricity interconnection between Greece and Cyprus. Under the terms of the MoU, TAQA will explore joining Greece’s transmission system operator (TSO) Independent Power […]

  • Dutch firm wins platform modification work for large-scale CCS project

    5 December 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Project & Tenders

    KCI the engineers (KCI) has been picked for the engineering of the modification of the TAQA-owned offshore platform, which will be used for the injection of CO2, as part of the first large-scale Dutch carbon capture and storage (CCS) project.

  • PosHydon project nearing first hydrogen production, Neptune Energy says

    28 December 2023
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development

    Offshore hydrogen project PosHydon is entering its final stage with the first hydrogen expected to be produced in the second half of 2024, René van der Meer, Head of New Energy Development at Neptune Energy, revealed during the Offshore Energy Exhibition & Conference (OEEC) 2023. PosHYdon, an initiative of Nexstep, a Dutch association for decommissioning […]

  • Strike action threatens to engulf workers on multiple offshore platforms in UK waters

    24 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Human Capital

    The offshore workers are pondering whether to go on a strike in a bid to improve their work-life balance.

  • First gas flows from North Sea project 22 months after final investment decision

    14 February 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Petrogas E&P Netherlands has kicked off production from a gas field in the northern part of the Dutch North Sea.

  • Battle for work-life balance continues, as workers gear up for strike action across multiple UK offshore platforms

    12 March 2024
    Business & Finance, Business Developments & Projects, Human Capital

    This wave of strike action will hit several platforms operated by BP, TAQA, CNR, Repsol, Serica, and CNOOC.

  • Dutch government takes part in PosHYdon offshore hydrogen project

    18 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    The Dutch government, through Energie Beheer Nederland (EBN), has joined the PosHYdon project, the world’s first pilot which aims to produce green hydrogen on an operational gas platform in the North Sea. The project, which will integrate three offshore energy systems – offshore wind, offshore gas, and offshore hydrogen – for the first time, will […]

  • Egypt concludes seven deals for green hydrogen projects in SCZONE

    15 March 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    The Egyptian government has signed seven memoranda of understanding (MoU) with international developers to set up green hydrogen and renewable energy projects in the Suez Canal Economic Zone (SCZONE).

  • Two newbuild drillships join Valaris rig fleet

    21 December 2023
    Business & Finance, Business Developments & Projects

    Valaris Limited has taken delivery of two newbuild drillships from Daewoo Shipbuilding & Marine Engineering (DSME), after exercising the option to buy them.

  • 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 […]

  • Shell takes Valaris jack-up rig for upcoming North Sea drilling ops

    5 February 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Shell has hired a heavy-duty jack-up rig from Valaris, an offshore drilling contractor, for a two-well drilling campaign in 2024.

  • TotalEnergies dishes out millions for stake in huge renewable Morocco-UK power project

    29 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Infrastructure, Innovation, Project & Tenders, Regulation & Policy, Transition

    TotalEnergies has expanded its portfolio by acquiring a minority stake in Xlinks First Limited, a company founded in 2019 in the UK.

  • Nine Valaris rigs snap up multi-million drilling gigs with oil & gas giants, pushing total backlog to $3.2 billion

    2 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Valaris has secured a plethora of new contracts and extensions for four floaters and five jack-ups in its rig fleet with TotalEnergies, Petrobras, ExxonMobil, Eni, BP, TAQA, and Perenco.

  • Diamond Offshore spots signs of ‘strong and lasting upcycle’ as its rigs land new jobs in UK

    7 November 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Diamond Offshore Drilling is optimistic about the future after winning more assignments for its rig fleet in the UK during the third quarter of 2023.

  • Interview: With new oil & gas horizons calling, will the North Sea hold sway over its existing rig fleet?

    16 February 2024
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    This interview sheds more light on whether there will be a greater rig exodus from the North Sea market and a mass pivot toward other destinations.

  • With FID in place, first Dutch CO2 storage project cleared for take-off

    18 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Storage, Transition, Vision

    The final investment decision (FID) has been made for the Porthos CO2 storage project – the first such project in the Netherlands, allowing construction to start next year. Porthos, a joint venture of EBN, Gasunie, and the Port of Rotterdam Authority, will provide transport and storage services to several companies in the port of Rotterdam, […]

  • Subsea interconnectors as protagonists of offshore renewable grid story

    29 December 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

    Subsea interconnectors open new opportunities for sharing the access and use of renewable energy between countries while upping the decarbonization ante and strengthening the security of electricity supply.

  • Valaris anticipates ‘meaningfully’ higher profits in next two years, as rig market tightens further

    7 November 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Valaris has recorded a strong operational and financial performance during the third quarter of 2023, thanks to a rise in rig demand and day rates.

  • Valaris drillships and jack-ups scoop up over $1 billion for new rig deals

    10 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Valaris has tucked $1.14 billion under its belt, thanks to multiple new contracts and extensions for its drillships and jack-up rigs in Brazil, the U.S. Gulf of Mexico, the UK North Sea, Trinidad, and Australia.

  • Interview: Moroccan start-up set to transform power supply of ports with wave energy

    13 December 2023
    Business & Finance, Business Developments & Projects, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition, Vision

    Born from the vision of two engineers, the Moroccan start-up Advanced Third Age Renewable Energies Company (ATAREC) has set its sights on exploiting the vast wave energy potential that exists around port breakwaters and other infrastructures exposed to sea, with its full-scale demonstrator already deployed and operating at the Port of Tanger-Med – one of the largest ports in Africa and the Mediterranean Sea.

  • COSCO Shipping licensed to construct GTT’s systems for offshore LNG units

    4 December 2023
    Business Developments & Projects, Certification & Classification, Outlook & Strategy, Regulation & Policy, Technology

    French LNG containment specialist GTT and Chinese shipyard COSCO Shipping (Qidong) Offshore, a subsidiary of shipping and logistics company COSCO Shipping, have signed a technical assistance and license agreement (TALA) for the construction of GTT membrane containment systems. Specifically, this agreement enables the shipyard to construct GTT’s technologies for offshore LNG units, such as floating […]

  • GTT and CSSC team up to work on LNG shipping solutions

    8 December 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Technology, Vessels

    French LNG containment specialist GTT has signed a strategic agreement with China State Shipbuilding Corporation (CSSC) to cooperate on LNG shipping solutions. Specifically, the agreement provides for cooperation between GTT and twelve subsidiaries of the CSSC conglomerate, notably in ship design and construction, cryogenic containment technologies for LNG shipping, LNG as fuel and smart shipping […]

  • Petronas and PTTEP ink multiple deals for Malaysian offshore blocks

    26 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders

    Petronas Carigali, a wholly-owned subsidiary of Malaysia’s state-owned energy giant Petronas, has signed multiple agreements with Thailand’s national oil and gas company PTT Exploration and Production (PTTEP) related to the development of two blocks offshore Malaysia. Petronas Carigali and PTTEP signed a memorandum of understanding (MoU) and two technical assistance agreements (TAAs) in relation to the […]

  • Lhyfe secures €14 million grant to build its first hydrogen plant in Spain

    23 November 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    French hydrogen producer Lhyfe has been awarded a grant of up to €14 million to develop its first green hydrogen production plant in Spain. The grant was awarded H2 Pioneros, a funding call created in Spain to support initiatives in renewable energy, green hydrogen, and energy storage. Lhyfe’s project is one of fourteen projects across […]

  • Green light for UK’s first large-scale hydrogen production plant

    10 January 2024
    Authorities & Government, Business Developments & Projects, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation

    Essar Group’s EET Hydrogen, formerly Vertex Hydrogen, has received approval from Cheshire West and Chester Council to build a low-carbon hydrogen plant HPP1 at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire, UK. The plant, located at the heart of the HyNet industrial decarbonization cluster, is expected to be the nation’s first large-scale, low-carbon hydrogen […]