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Business Developments & Projects

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Oman LNG enters sales and purchase deal with BP
Business Developments & Projects

Oman LNG enters sales and purchase deal with BP

Oman LNG has signed a sales and purchase agreement (SPA) with British energy giant BP for the supply of 1 million metric tonnes per annum (mtpa) of LNG. Oman LNG announced the signing of the agreement on November 21, stating that it sustains the company’s position as a reliable supplier while contri

about 2 years ago
Santos
Business Developments & Projects

ADNOC and Santos embarking on carbon capture and storage with net zero at the heart of decarbonization quest

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ADNOC has joined forces with Santos to pursue a pathway towards the potential development of a joint global carbon management platform.

about 2 years ago
DP World
Business Developments & Projects

DP World: Carbon emissions from UAE operations down by 50%

Dubai-based port operator DP World has managed to cut carbon emissions from its UAE operations by nearly 50% this year by accessing renewably produced power from the Dubai Electricity and Water Authority (DEWA).

about 2 years ago
Sakura Leader
Business Developments & Projects

NYK-chartered car carrier seized in Yemen as shipping gets in crosshairs of Israel-Hamas war

Japanese shipping company NYK Line confirmed earlier today that its chartered car carrier Galaxy Leader was seized near Hodeida, Yemen. “On the evening of November 19 in Tokyo (early afternoon local time), NYK was informed by Galaxy Maritime Ltd., which is based in the U.K., that an NYK-chartered pu

about 2 years ago
Illustration; Source: TotalEnergies
Business Developments & Projects

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

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.

23 minutes read
Tekmar receives order for Middle Eastern pipeline project
Business Developments & Projects

$3 million contract for Tekmar in ‘strategically important’ Middle East

Tekmar Group has secured a contract worth over £2.5 million (around $3 million) to deliver cable protection for a project in the Middle East. The contract is for the design and supply of the TekDuct cable protection, ballast modules and associated ancillaries for a subsea project in the Middle East.

about 2 years ago
Illustration; Courtesy of Center for International Environmental Law (CIEL)
Business Developments & Projects

Report: Instead of emission silver bullet, offshore CCS rush deemed as fossil fuel extension cover-up

New report from the Center for International Environmental Law (CIEL) outlines that offshore CCS is not a solution to fossil fuel pollution.

about 2 years ago
Illustration; Source: TotalEnergies
Business Developments & Projects

TotalEnergies draws attention to slow energy transition progress, urging developed economies to support Global South’s transformation

TotalEnergies has published its new annual energy outlook, presenting scenarios for the evolution of demand and the global energy system to contribute to the energy transition’s debate in the run-up to COP28.

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Business Developments & Projects

COP28: Sketching decarbonization roadmap with phase-out of fossil fuels as the centerpiece to get global net-zero efforts on track

COP28 is seen as a beacon of hope to devise a transformational roadmap in a bid to get the global energy transition undertaking on track.

about 2 years ago
methanol
Business Developments & Projects

World’s 1st ship management company for methanol-powered vessels created

Dockendale Ship Management and Green Marine have created Dockendale Green Marine Ship Management, the world’s first ship management company exclusively dedicated to methanol-powered ships.

about 2 years ago
Dr. Sultan Al Jaber, COP28 President
Business Developments & Projects

Will COP28 live up to the hype and establish an energy transition roadmap leaving no one behind?

The UAE plans to spearhead efforts at COP28 for a clear roadmap to step up net zero progress through “a pragmatic global energy transition.”

about 2 years ago
boat
Business Developments & Projects

World’s largest 3D-printed eco boat unveiled in the UAE

Al Seer Marine and Abu Dhabi Maritime, both based in the United Arab Emirates (UAE), have unveiled the world’s first 3D-printed water taxi.

about 2 years ago
The 192MWp Cirata floating solar power plant (Courtesy of Sungrow FPV)
Business Developments & Projects

The largest floating solar power plant in Southeast Asia comes online

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.

about 2 years ago
Kingdom 1 jack-up rig; Source: ARO Drilling
Business Developments & Projects

WATCH: ARO Drilling and IMI hold naming ceremony for first of 20 planned newbuild jack-up rigs

ARO Drilling and International Maritime Industries held a naming ceremony for the first Saudi-operated and manufactured offshore jack-up rig.

about 2 years ago