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Business Developments & Projects

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FSRU Exquisite repaired by N-KOM
Business Developments & Projects

FSRU Exquisite repaired by N-KOM

Qatar-based Nakilat-Keppel Offshore & Marine (N-KOM) shipyard has completed drydocking and repairs for floating storage and regasification unit FSRU Exquisite.

about 4 years ago
Bakker Sliedrecht releases paper on maritime energy transition
Business Developments & Projects

Bakker Sliedrecht releases paper on maritime energy transition

The biggest challenge in the maritime environment for this generation is the energy transition. For centuries the focus of mankind was to sail and operate at sea in the most efficient way possible. All these years Bakker Sliedrecht has improved the vessel design with state-of-the-art-solutions to ma

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about 4 years ago
Asyad Group seeks private partners for port expansion
Business Developments & Projects

Asyad Group seeks private partners for port expansion

Logistics provider Asyad Group has issued a request for expression of interest (REOI) to local and international private firms looking to enter joint engagements and cooperate to develop the infrastructure and operations of Suwaiq Port in Al Batinah North, Oman.

about 4 years ago
King Abdulaziz Port
Business Developments & Projects

Mawani, Cruise Saudi to develop new berths and terminal for cruise ships

The Saudi Ports Authority (Mawani) has signed an agreement with Cruise Saudi and Globe Group to build one new cruise terminal at King Abdulaziz Port in Dammam, as well as develop four berths at King Abdulaziz Port in Dammam and Yanbu Commercial Port.

about 4 years ago
In focus: Post-COP26, offshore energy sector using every lever to support creation of net-zero future
Business Developments & Projects

In focus: Post-COP26, offshore energy sector using every lever to support creation of net-zero future

As the dust is settling in the aftermath of COP26, new developments in the offshore energy sector are laying the grounds for the net-zero future.

about 4 years ago
ADNOC
Business Developments & Projects

ADNOC hands out $1.5 billion in new deals to progress mega gas project

ADNOC has awarded two engineering, procurement, and construction (contracts totalling $1.46 billion for the Dalma Gas Development Project.

about 4 years ago
Energy trio join in on reporting on GHG-neutral LNG cargoes method
Business Developments & Projects

Energy trio join in on reporting on GHG-neutral LNG cargoes method

Singapore-based Pavilion Energy, state-owned QatarEnergy, and U.S. oil major Chevron have jointly published a reporting methodology to produce a statement of GHG emissions for delivered LNG cargoes.

about 4 years ago
Falling costs make new oil cheaper, Rystad
Business Developments & Projects

Climate policies should focus on demand as falling costs make new oil cheaper to produce, Rystad says

An analysis of the annual cost of supply by Rystad Energy has revealed that costs within the upstream sector have come down considerably in 2021.

about 4 years ago
Mitsui and GS join TA'ZIZ in blue ammonia project
Business Developments & Projects

Mitsui and GS join TA’ZIZ in blue ammonia project

Japan’s Mitsui and Korea’s GS Energy have partnered up with TA’ZIZ and Fertiglobe to develop the world-scale low-carbon blue ammonia facility at TA’ZIZ in Ruwais, Abu Dhabi.

about 4 years ago
GAC, Neutral Fuels ink MoU to speed up decarbonisation
Business Developments & Projects

GAC, Neutral Fuels ink MoU to speed up decarbonisation

Marine services provider GAC Bunker Fuels has signed a Memorandum of Understanding (MoU) with biofuel producer Neutral Fuels to market its marine gas oil (MGO) diesel blend specifically developed for shipping clients in the United Arab Emirates (UAE), Bahrain, Oman, Qatar, and India.

about 4 years ago
COp26 - Courtesy of Extinction Rebellion
Business Developments & Projects

COP26 ends with ‘weak and compromised’ line on phasing down fossil fuels

After two weeks of intense negotiations, COP26 closed over the weekend and the final outcome is a document known as the Glasgow Climate Pact.

about 4 years ago
Bahri takes delivery of its first gas-ready ABS-classed VLCC
Business Developments & Projects

Bahri takes delivery of its first gas-ready ABS-classed VLCC

Logistics and transportation company Bahri has added its first gas-ready vessel to its Very Large Crude Carrier (VLCC) fleet.

about 4 years ago
COP26 (Courtesy of UK COP26)
Business Developments & Projects

In focus: COP26 shows world a glimpse of how it could be

In this week’s In Focus, we put spotlight on COP26 and energy transition updates which include biggest polluters pledging to joint action against climate change, oil majors joining forces for decarbonisation of energy and industry, and governments proposing phasing out coal and fossil fuel subsidies

about 4 years ago
GMS Gulf Marine Services
Business Developments & Projects

GMS nets two contract extensions with higher rates

GMS has been awarded two contract extensions with increased day rates for its small-size class and mid-size class vessels.

about 4 years ago