Search results for: ADNOC

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  • ExxonMobil, Chevron set sights on more oil & gas along with low-carbon and new energies

    7 December 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    ExxonMobil and Chevron have disclosed their capital investment expectations, encompassing oil and gas plays along with emission-reduction solutions.

  • Shell hires Seatrium for deepwater Gulf of Mexico project

    29 August 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Shell has inked a letter of intent (LOI) with Seatrium for an FPU, which will be deployed at a deepwater project in the U.S. Gulf of Mexico.

  • TotalEnergies inaugurates gas field while anticipating enrichment of Azerbaijan’s transition arsenal with renewables and energy storage

    1 September 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

    TotalEnergies has held an inauguration ceremony for a gas and condensate field, which recently came on stream in the Caspian Sea.

  • France’s LNG buildout unnecessary amid falling gas demand, says IEEFA

    10 October 2023
    Market Outlooks, Outlook & Strategy

    In new research “France’s LNG Paradox,” the Institute for Energy Economics and Financial Analysis (IEEFA) has reported that France risks unnecessary investments in new liquified natural gas (LNG) infrastructure as the utilization rates of existing terminals decline and gas use falls. IEEFA noted that the average utilization rate of France’s operational LNG import terminals was […]

  • ADNOC Gas and JAPEX conclude 5-year LNG supply deal

    17 August 2023
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    UAE’s integrated gas processing company ADNOC Gas has signed a five-year LNG supply agreement with energy company Japan Petroleum Exploration (JAPEX). ADNOC said the agreement, valued between $450 million (AED 1.65 billion) and $550 million (AED 2 billion), builds on the long-standing bilateral relationship between the UAE and Japan and ADNOC’s track record of fostering […]

  • Japanese firms looking into hydrogen and ammonia supply chain in Osaka

    31 August 2023
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Research & Development, Transition

    Japanese companies Mitsui & Co., Mitsui Chemicals, IHI Corporation and The Kansai Electric Power Co. have signed a memorandum of understanding (MoU) to execute a joint study to establish a hydrogen and ammonia supply chain based in the Osaka coastal industrial zone. Under the MoU, the four companies will study the development of bases for […]

  • US – natural gas love affair: Policymakers urged to acknowledge LNG’s ‘vital’ role in clinching global energy security and decarbonization

    15 December 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    API is adamant that oil and gas will continue to be at the heart of energy security with LNG further entrenching its transition fuel label.

  • Strife over US LNG permit freeze: Win for environmentalists and loss for Big Oil but is there more to it?

    13 February 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    The Biden administration’s imposed pause on pending approvals of liquefied natural gas (LNG) exports is seen as a controversial move, which has brought the strife between Big Oil and climate campaigners to the fore.

  • Push for CCU and CCS inclusion in EU Net Zero Industry Act gains momentum

    9 October 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    A coalition of industry leaders, environmental advocates, and policymakers have called for the inclusion of Carbon Capture and Utilisation (CCU) and Carbon Capture and Storage (CCS) technologies in the European Union’s Net Zero Industry Act (NZIA) as strategic net-zero technologies. The joint statement, signed by the Methanol Insitute, Eurofer, and FuelsEurope, among other organizations, highlighted […]

  • Opinion: Can wind propulsion weather the approaching perfect storm?

    15 February 2024
    Authorities & Government, Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    This article is written by Gavin Allwright, Secretary General – International Windship Association When taking time to reflect on the past year, I would argue that 2023 was the year in which our industry took the gloves off and got down to business when it came to decarbonization. At COP28 in December it was clear […]

  • QED Naval presents its ‘tidal town’ vision to Anglesey officials

    3 October 2023
    Business & Finance, Business Developments & Projects, Equipment, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    Scottish company QED Naval has ‘constructive discussions’ with MP of Anglesey Virginia Crosbie, taking the opportunity to outline its plans for the development of 4.5MW tidal energy project off Holy Island, along with associated operations. A strong advocate for decarbonization, Crosbie believes that tidal energy will play an important factor in the UK’s renewable targets, […]

  • Jiangnan expanding capacity for batch construction of LNG carriers

    14 August 2023
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy

    Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has started building a new wharf to facilitate the construction of large-scale LNG carriers. According to a statement by CSSC, Jiangnan Shipbuilding held a groundbreaking ceremony on 10 August for this wharf project which aims to ensure construction capacity for LNG carriers. The project is […]

  • TotalEnergies and SOCAR take on ADNOC as partner in gas field off Azerbaijan

    4 August 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    TotalEnergies and SOCAR have inked a deal, which will enable each to sell a 15 per cent participating interest in a gas field off Azerbaijan.

  • ADNOC’s decarbonisation journey picks up speed with new net-zero target

    31 July 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Human Capital, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    UAE’s ADNOC has decided to step up its decarbonisation efforts by accelerating its net-zero ambition to 2045.

  • APMT Pipavav starts VLGC operations

    15 August 2023
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Ports & Logistics, Vessels

    APM Terminals Pipavav (GPPL – Gujarat Pipavav Port) commenced very large gas carrier (VLGC) operations with the maiden berthing of MT Jag Viraat, owned by Great Eastern Shipping, earlier this month. The VLGC vessel MT Jag Viraat loaded cargo from Ruwais, ADNOC Refinery Jetty, and discharged 21,907 MT parcel at port Pipavav for three public […]

  • Will a net-zero dash enable the UK to reap more benefits?

    10 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    New poll shows the majority of British people are in favor of hastening the UK’s net-zero aspirations, thus, more green policies are seen as a safe bet for winning incoming elections.

  • INEOS: Windfall taxes and mixed signals from politicians tearing down UK’s oil & gas industry

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

    According to INEOS, a combination of windfall taxes and negative signals from politicians are wreaking havoc on the UK’s oil & gas industry.

  • Thyssenkrupp Uhde to run feasibility study for Han-Ho H2 hub project

    10 August 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Research & Development

    Thyssenkrupp Uhde, a Germany-based subsidiary of Thyssenkrupp that specializes in chemical engineering, has been engaged by Ark Energy, an Australian renewable energy company, on behalf of the Han-Ho H2 consortium, to deliver a feasibility study to support the development of the Han-Ho H2 hub project. The study, set to involve a comprehensive techno-economic analysis of […]

  • In focus: Is climate crisis a ‘fossil fuels crisis’?

    22 September 2023
    Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition

    With only two months left until the COP28 climate summit in Dubai, all eyes are turned to global leaders to take concrete steps to keep the goal of limiting global warming to 1.5 °C within reach. While the fossil fuels industry faces growing dissatisfaction from environmental activists, leaders from both public and private sectors are […]

  • Court order pushes US to expand Gulf of Mexico oil & gas lease sale with previously removed blocks

    25 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    BOEM is taking steps to comply with a court order regarding the incoming offshore oil and gas lease sale for acreage in the Gulf of Mexico.

  • Are natural gas and renewables keys to unlocking a low-emission energy future in the US?

    29 September 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    America is in need of an all-inclusive energy strategy, which features natural gas as a crucial element along with renewable energy, to come to grips with climate and energy challenges.

  • ADNOC Gas inks $7-9 billion LNG supply deal with Indian Oil Corporation

    20 July 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    UAE’s ADNOC Gas, an integrated gas processing company, has signed a 14-year supply agreement with the Indian Oil Corporation (IOCL) for the export of up to 1.2 million metric tons per annum (mmtpa) of liquefied natural gas (LNG). According to ADNOC Gas, the agreement, valued in the range of $7 billion to $9 billion over […]

  • JERA and ADNOC join hands on hydrogen and ammonia

    19 July 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development

    Japan’s energy major JERA has concluded a strategic collaboration agreement (SCA) with UAE’s Abu Dhabi National Oil Company (ADNOC), related to cooperation in clean hydrogen and ammonia. According to JERA, the two parties have built a good relationship through years of LNG sale and purchase, and have jointly conducted feasibility assessments in the hydrogen and […]

  • Capital Gas details deal for world’s 1st 88,000 cbm ammonia carriers

    8 September 2023
    Vessels

    Greek ship management service provider Capital Gas Ship Management has revealed more details about its latest construction deal for two 88,000 cbm very large ammonia carriers (VLAC).

  • BP and OMV ink long-term LNG supply agreement

    28 July 2023
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    UK-headquartered energy major BP and Austria’s integrated oil and gas company OMV have signed a long-term sale and purchase agreement (SPA) for the supply of up to 1 million tonnes of LNG per year. Under the agreement, BP will provide OMV with LNG starting in 2026. LNG will be sourced from BP’s global portfolio and […]