Search results for: ADNOC

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  • Santos’ new deals with Japanese companies zero in on low-carbon fuels in Cooper Basin

    19 December 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Research & Development

    With a focus on transforming the Cooper Basin into a decarbonization and low-carbon fuels hub, Australian energy giant Santos has signed multiple agreements with Japanese companies. Following the passage of legislation through the Australian parliament to facilitate the cross-border transfer of CO2, Santos has signed a memorandum of understanding (MoU) with JX Nippon Oil & Gas […]

  • More action needed before Israel grants multiple exploration blocks to SOCAR, NewMed, and BP

    30 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy

    Israel’s Ministry of Energy has set its cap on approving the award of six licenses in a fourth competitive process for natural gas exploration in the State of Israel’s Exclusive Economic Zone (EEZ) to Azerbaijan’s SOCAR, NewMed Energy – former Delek Drilling – and Britain’s BP.

  • Silverstream Technologies, MAN ES to collaborate on decarbonization

    26 October 2023
    Collaboration, Transition

    UK’s clean technology company Silverstream Technologies and German marine engine designer MAN Energy Solutions (MAN ES) have signed a collaboration agreement to support the decarbonization of the global shipping industry.

  • Significant offshore wind growth brings Fugro strong start of the year

    26 April 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    In what is described as a “strong start of the year”, Dutch geo-data specialist company Fugro reported a 9% revenue growth for Q1 2024 compared to the same period last year, said to be due to ongoing significant growth in offshore wind projects. Revenue in the first quarter was €503.2 million, a 9% increase compared […]

  • ADNOC sanctions giant gas development designed to run with net-zero CO2 emissions

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

    ADNOC) has made a final investment decision and awarded of batch of contracts for a giant gas development, which aims to operate with net-zero carbon dioxide (CO2) emissions.

  • ADNOC turns to drones to slash emissions and ‘future-proof’ onshore & offshore ops

    5 October 2023
    Business & Finance, Business Developments & Projects, IT & Software, Project & Tenders, Technology, Transition

    ADNOC has joined forces with EDGE to deploy UAE-made drones across its onshore and offshore operations to curb its emission footprint.

  • Saipem rakes in whopping $4.1 billion for work on natural gas project

    5 October 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Saipem, in consortium with NPCC, has inked a letter of award (LOA) with ADNOC for work on a recently sanctioned giant gas development.

  • Saipem scores $1.9 billion contract wins offshore Guyana and Brazil

    29 November 2023
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Saipem has tucked under its belt two new offshore contracts worth approximately $1.9 billion for work with ExxonMobil and Equinor.

  • Baker Hughes to supply e-LNG systems for ADNOC Ruwais LNG project

    4 October 2023
    Business Developments & Projects, Outlook & Strategy, Project & Tenders, Technology

    U.S. energy technology company Baker Hughes has received a letter of award from ADNOC Gas, for and on behalf of Abu Dhabi National Oil Company (ADNOC), to provide two electric liquefaction (e-LNG) systems for the Ruwais LNG project in the United Arab Emirates (UAE). Baker Hughes said the LNG trains will be driven by its […]

  • 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.

  • WoodMac: Are shifts in energy policy on the cards for oil & gas ecosystem and which forces will be at play in 2024?

    1 March 2024
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Transition

    While offering its predictions for 2024, Wood Mackenzie has outlined several key themes to watch in global and corporate upstream sectors.

  • BW LPG, ADNOC enter 1st LPG bunker supply deal in the Middle East

    4 October 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Transition, Vessels

    Singapore-based owner and operator of LPG vessels BW LPG has inked an agreement with UAE’s energy giant ADNOC for the supply of liquefied petroleum gas (LPG) as bunker fuel. BW LPG said that the deal marks a notable milestone as the Middle East’s first dedicated LPG bunker supply contract. The inaugural vessel to utilize LPG as bunker […]

  • Offshore drilling highlights: Top paid rigs in 2H 2023

    2 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Three rigs stand out as the highest-paid ones during the second half of 2023. Unsurprisingly, all three spots were taken by drillships.

  • COP28 brings ‘historic’ action as 50 oil & gas players pen decarbonization charter

    4 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    A global decarbonization charter, inked by 50 oil and gas firms to speed up climate action, will have a high-scale impact within the industry.

  • In focus: Is natural gas crucial element of energy transition?

    6 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels, Vision

    With the world adapting to emerging sources of supply and decarbonization technologies, the discussion about which fuel is the top contender for the successful energy transition continues. Despite the growing opposition to fossil fuels, some consider natural gas, primarily LNG, as the leading transition fuel, which will bridge the gap and pave the way towards […]

  • COP28: Will a magic wand sweep away oil, gas, and LNG in favor of green agenda?

    11 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Infrastructure, Innovation, Project & Tenders, Regulation & Policy, Technology, Transition

    As a battle over fossil fuel language continues to rage, the pressure is not letting up on demands to phase out fossil fuels.

  • Electrification: Key to unlocking untapped oil & gas reserves and augmenting production

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

    The oil and gas industry is always on the lookout for ways to boost production levels at offshore fields and gain access to stranded and untapped reserves that are not easy to bring online.

  • While advocating stronger cooperation, QatarEnergy CEO calls for ‘realistic and scientifically based’ energy transition pathway

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

    QatarEnergy’s CEO has urged Arab countries to bolster their cooperation efforts in the evolving energy landscape to address the energy transition challenges.

  • 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.

  • In focus: Energy and maritime plays shaping greener future to wean the world off fossil fuels

    17 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Technology, Transition, Vessels

    This week saw Europe entrench its position as the decarbonization trailblazer, with the Netherlands, Germany, Norway, Denmark, and Belgium spearheading the new wave of projects.

  • Multinational players urged to step up oil & gas decom game off Australia

    20 March 2024
    Environment, Equipment

    The Maritime Union of Australia (MUA) is urging oil and gas companies to clean up disused infrastructure in Australian waters.

  • CSM to enhance operations with Kaiko Systems’ AI tech

    8 November 2023
    IT & Software

    Columbia Shipmanagement (CSM), a member of Columbia Group, has contracted Kaiko Systems to provide a software tool that organizes and analyses ship data, providing insight into the condition of vessels and identifying risks before they result in incidents.

  • NYK gets first transition loan to fund fuel-efficient vessel projects

    29 January 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    NYK has secured its first transition syndicated loan to finance projects for reducing greenhouse gas (GHG) emissions such as constructing next-generation fuel vessels.

  • ETIP Ocean releases guide for ocean energy community engagement

    8 December 2023
    Business Developments & Projects, Outlook & Strategy, Regulation & Policy

    The European Technology and Innovation Platform for Ocean Energy (ETIP Ocean) has published a new guide that unveils best practices for local community engagement in ocean energy projects.

  • ADNOC Gas strikes $450-550 million LNG supply deal with PetroChina

    7 September 2023
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    UAE’s integrated gas processing company ADNOC Gas has signed an agreement, valued between $450 million (AED 1.65 billion) and $550 million (AED 2 billion), to supply liquefied natural gas (LNG) to PetroChina International (PCI), a subsidiary of oil and gas company PetroChina. ADNOC Gas said that LNG serves as an important raw material in industrial […]