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Business Developments & Projects

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In focus: ‘Maximum energy with minimum emissions’ to bring us safely to net-zero goals
Business Developments & Projects

In focus: ‘Maximum energy with minimum emissions’ to bring us safely to net-zero goals

With increasing concerns about energy security, questions are arising about whether energy transition to clean and renewable sources can provide solid near-future solutions. According to the energy industry, it is not a matter of either-or, but rather and-and, since we currently need all the energy

about 3 years ago
AD
Business Developments & Projects

AD Ports to create ‘largest independent feeder carrier’ with $800mln takeover deal

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Abu Dhabi-listed AD Ports has signed an agreement to acquire an 80% equity stake in Dubai-based Global Feeder Shipping (GFS), a global container shipping company.

about 3 years ago
As more vessel jobs with higher day rates come in, UAE player solidifies its financial position
Business Developments & Projects

As more vessel jobs with higher day rates come in, UAE player solidifies its financial position

Gulf Marine Services (GMS) has secured two new deals and a contract extension for its vessels with increased day rates.

about 3 years ago
As Middle East ramps up oil & gas investments, EthosEnergy unveils new regional hub
Business Developments & Projects

As Middle East ramps up oil & gas investments, EthosEnergy unveils new regional hub

EthosEnergy is expanding its presence in the Middle East to respond to the growing rotating and oil and gas equipment market.

about 3 years ago
Fugro
Business Developments & Projects

Fugro, AD Ports forge ties on remote and autonomous technologies

Geo-data specialist Fugro has signed a collaborative agreement with UAE-based port operator Abu Dhabi Ports (AD Ports) that sets out combined goals to utilise remote and autonomous technologies in the region. Whilst the agreement formalises the partnership, the companies have been working together s

about 3 years ago
ADNOC
Business Developments & Projects

ADNOC Drilling, Halliburton, and SLB win new deals in UAE with total value of $4 bln

ADNOC has awarded three framework agreements valued at $4 billion for integrated drilling fluids services (IDFS).

about 3 years ago
The signing of MoU between ACWA Power and PLN for floating solar projects in Indonesia (Courtesy of ACWA Power)
Business Developments & Projects

ACWA Power enters floating solar sector

ACWA Power has signed a deal with Indonesia’s state-owned electricity utility PT Perusahaan Listrik Negara (Persero) to develop two floating solar projects in the world’s largest archipelagic state.

about 3 years ago
ConocoPhillips signs up for QatarEnergy’s North Field South LNG expansion
Business Developments & Projects

ConocoPhillips signs up for QatarEnergy’s North Field South LNG expansion

Qatar’s state-owned oil and gas company QatarEnergy has selected the US energy giant ConocoPhillips as its third and final international partner in the North Field South (NFS) expansion project. The NFS project comprises two liquefied natural gas (LNG) mega trains with a combined capacity of 16 mill

about 3 years ago
With energy security in mind, ADNOC CEO calls for ‘maximum energy with minimium emissions’
Business Developments & Projects

With energy security in mind, ADNOC CEO calls for ‘maximum energy with minimium emissions’

Keeping the global energy crisis at the forefront, the CEO of ADNOC believes that the world needs all the energy solutions it can get.

about 3 years ago
Alfa Laval to deliver heat exchangers for world’s largest hydrogen plant
Business Developments & Projects

Alfa Laval to deliver heat exchangers for world’s largest hydrogen plant

Swedish sustainable solutions provider Alfa Laval has signed an agreement to deliver compact heat exchangers to what is said to be the world’s largest hydrogen plant, which will be constructed in the Middle East. The facility, powered by renewable energy, will be part of the city of Neom, built from

about 3 years ago
shipping
Business Developments & Projects

In focus: Window to meet 1.5°C target is closing, urgent transformation is needed now

As the UNEP points to slow progress on achieving 1.5°C target, it is more urgent than ever to put pledges into action, and accelerate the transition with strong support from the financial sectors.

about 4 years ago
ADNOC and OMV sign LNG supply deal for winter season 2023/2024
Business Developments & Projects

ADNOC and OMV sign LNG supply deal for winter season 2023/2024

Austria’s integrated oil and gas company OMV and the Abu Dhabi National Oil Company (ADNOC) have signed a memorandum of understanding (MoU) to explore a new partnership in deliveries for liquefied natural gas (LNG). Under the MoU, OMV and ADNOC intend to explore a partnership in LNG supply to suppor

about 4 years ago
New Fugro USV hits the water in Abu Dhabi
Business Developments & Projects

Region’s first as Fugro USV hits the water in Abu Dhabi

Fugro has launched its Blue Essence uncrewed surface vessel (USV) in Abu Dhabi, said to be the region’s first such vessel. The 12-meter USV was launched at Mugharraq port and sailed to its new home in Al Mirfa by Fugro’s control and command center in the UAE. The Al Mirfa port will be the home to th

about 4 years ago
Energean Power FPSO - Karish field - Israel
Business Developments & Projects

Energean produces first gas from Karish field off Israel

Oil and gas company Energean has confirmed that the first gas has been delivered at its operated Karish field, located offshore Israel.

about 4 years ago