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Business Developments & Projects

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JERA and PIF unite for development of green H2 projects and derivatives
Business Developments & Projects

JERA and PIF unite for development of green H2 projects and derivatives

Japan’s energy major JERA and Saudi Arabia’s Public Investment Fund (PIF) have signed a Memorandum of Understanding (MoU), which is set to drive cooperation between the two parties, to explore opportunities for the development of green hydrogen projects and derivatives. Specifically, according to JE

about 3 years ago
Illustration; Source: The International Energy Agency (IEA)
Business Developments & Projects

IEA: Ensuring gas supply security and decarbonisation high on global energy market’s agenda

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A new report says closer dialogue between producers and consumers is required to ensure security of gas supply while curbing emissions.

about 3 years ago
JERA and ADNOC join hands on hydrogen and ammonia
Business Developments & Projects

JERA and ADNOC join hands on hydrogen and ammonia

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 hav

about 3 years ago
Japan and UAE to deepen cooperation on clean energy
Business Developments & Projects

Japan and UAE to deepen cooperation on clean energy

During a Japan-UAE business forum in Abu Dhabi, UAE’s President Sheikh Mohamed bin Zayed Al Nahyan and Japan’s Prime Minister (PM) Fumio Kishida affirmed the commitment of both countries to enhancing cooperation on climate action, decarbonization efforts and clean energy. In a statement, Japan’s PM

about 3 years ago
Sparrows Group
Business Developments & Projects

Sparrows lands crane replacement deal for four offshore platforms

Sparrows Group has secured a long-term crane replacement contract with an undisclosed player in the Middle East.

about 3 years ago
Masdar and Inpex ally on e-methane production using green H2 and CO2
Business Developments & Projects

Masdar and Inpex ally on e-methane production using green H2 and CO2

Abu Dhabi Future Energy Company PJSC – Masdar and Japan’s Inpex Corporation have signed a collaboration agreement to conduct a joint study aimed at realizing the production of synthetic methane (e-methane) using green hydrogen and CO2. The execution of the agreement was announced during the Japan-UA

about 3 years ago
FSO Safer; Source: Boskalis
Business Developments & Projects

VLCC Nautica arrives in Yemen to transfer oil from ‘time bomb’ FSO Safer

A very large crude carrier the Nautica, bought in March by the UN Development Programme (UNDP) from Euronav, as part of a coordinated operation to remove oil from decaying FSO Safer, has arrived in Yemen. The arrival of the VLCC has been confirmed by Yemeni Foreign Minister, Ahmed Bin Mubarak. Nauti

about 3 years ago
ADNOC L&S takes delivery of second LNG dual-fuel VLCC
Business Developments & Projects

ADNOC L&S takes delivery of second LNG dual-fuel VLCC

The second newbuild LNG dual-fuel very large crude carrier (VLCC) has been delivered to UAE’s ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC). ADNOC confirmed the delivery of the vessel named Hasbhan on 17 July. This is th

about 3 years ago
In focus: Is LNG stuck between a rock and a hard place in the energy transition story?
Business Developments & Projects

In focus: Is LNG stuck between a rock and a hard place in the energy transition story?

The energy transition towards low-carbon and green energy sources is gaining momentum worldwide, driven by rising climate and energy security concerns. That being said, the thorny road toward decarbonization always seems to be stuck between the need to ‘act now’ and find the ‘silver bullet’. The sen

about 3 years ago
Fleetship
Business Developments & Projects

Transworld and Fleet Management form ship management JV

UAE-based shipping company Transworld Group and Hong Kong-based ship management company Fleet Management (FLEET) have established a new ship management joint venture, Transworld Fleet Management. The JV will provide dedicated technical management services to Transworld Group’s fleet which includes c

about 3 years ago
Eco Wave Power's wave energy plant in Jaffa Port, Israel (Screenshot/Video by Eco Wave Power)
Business Developments & Projects

Eco Wave Power bags EU funding for its newest wave energy plant

Swedish-Israeli wave energy developer Eco Wave Power has been awarded a grant from the EU that will be used to add educational and knowledge-sharing features to the company’s newest wave energy power station at the Port of Jaffa in Israel.

about 3 years ago
South Pars (SP) Phase 11; Source: IOEC
Business Developments & Projects

Gallery: Phase 11 of giant gas field in Persian Gulf to bring Iran up to $5 billion annually

The installation of the much-anticipated South Pars (SP) Phase 11 platform has been completed in the Persian Gulf.

about 3 years ago
Illustration; Source: APPEA
Business Developments & Projects

Gas rush paints LNG as energy transition’s trump card to low-carbon future

Gas has solidified its position at the top of the energy pyramid, thus, the pursuit for more natural gas and LNG is in full swing.

13 minutes read
Maersk
Business Developments & Projects

Clarksons: 44 pct of ships ordered in H1 are alternatively fueled

Green transition remains a central underlying driver for shipping markets, according to the latest review from Clarksons Research, which estimates that 44% of newbuild tonnage ordered in the first half of this year was alternative fueled. With 62 orders secured in the first six months of 2023, metha

about 3 years ago