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Oman LNG taps into Chinese market under new supply deal with UNIPEC
Clean Fuel

Oman LNG taps into Chinese market under new supply deal with UNIPEC

Oman LNG has signed a binding term-sheet agreement with China International United Petroleum and Chemical Co. (UNIPEC) to supply 1 million metric tonnes per annum (mtpa) of LNG starting in 2025. UNIPEC has become the latest beneficiary of the Omani LNG, marking the first LNG term deal with a Chinese

about 3 years ago
K Shipbuilding
Clean Fuel

K Shipbuilding wins order for two MR tankers

Korean shipbuilder K Shipbuilding has secured an order for the construction of two 50,000 dwt MR tankers. The contract has been signed with an undisclosed Middle Eastern owner believed to be Al Seer Marine, a unit of Abu Dhabi-based International Holding Company. According to Clarksons, the two vess

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about 3 years ago
Central Morecambe platform; Source: Spirit Energy
Clean Fuel

In Focus: Dealing with the energy trilemma

A new week, new steps in the transformation of the offshore energy sector. In this process the industry is dealing with the energy trilemma: to provide energy that is secure, affordable and lower in carbon.

about 3 years ago
OXAGON
Clean Fuel

NGHC receives first industrial operating license in Oxagon

Saudi Arabia’s Ministry of Industry and Mineral Resources has issued the first industrial operating license for NEOM Green Hydrogen Company (NGHC), an equal joint venture between NEOM, ACWA Power, and Air Products, based in Oxagon. When complete, NGHC is expected to be the largest at-scale green hyd

about 3 years ago
IDTechEx predicts rapid adoption of green fuel cells in marine markets
Clean Fuel

IDTechEx predicts rapid adoption of green fuel cells in marine markets

In its latest report, technology company IDTechEx has forecasted accelerated adoption of green fuel cells, notably hydrogen fuel cells, in marine markets. The maritime sector, which accounts for approximately 2.9% of global carbon emissions, is seeking to meet broader climate goals such as the Paris

about 3 years ago
Following 'very promising 2023', energy services sector anticipated to grow to $1 trillion
Clean Fuel

Following ‘very promising 2023’, energy services sector anticipated to grow to $1 trillion

The global market for oil and gas contractors is expected to rise to a peak of $1 trillion in 2025 and remain at high levels for several years, according to a report by energy intelligence group Rystad Energy. For the 2022-2028 period, overall oil and gas spending is anticipated to stay above $920 b

about 3 years ago
UAE and France to decarbonise HTA industries
Clean Fuel

UAE and France to decarbonise HTA industries

The UAE and France have agreed to launch a bilateral programme to develop commercial and investable opportunities to accelerate clean energy development, notably in the decarbonisation of hard-to-abate (HTA) industries, including clean hydrogen solutions for mobility. According to Masdar, (Abu Dhabi

about 3 years ago
Oman LNG continues supply deals spree with Turkish BOTAŞ
Clean Fuel

Oman LNG continues supply deals spree with Turkish BOTAŞ

Oman LNG has signed a binding term-sheet agreement with Turkish BOTAŞ Petroleum Pipeline Corporation to supply 1 million metric tonnes per annum (mtpa) of LNG, starting in 2025. According to reports from the Omani state news agency, the agreement was signed on 30 January. The deal will see Oman LNG

about 3 years ago
clean ammonia
Clean Fuel

Inpex commits to clean energy development in UAE

In a statement to Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology of the UAE and Managing Director and Group CEO of ADNOC, Japan’s oil and gas producer Inpex has officially committed to the United Arab Emirates (UAE) in regard to clean energy development in the country. According

about 3 years ago
Hyundai Samho taps GTT for tank design of ASYAD’s LNG carriers
Clean Fuel

Hyundai Samho taps GTT for tank design of ASYAD’s LNG carriers

Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered the tank design of two liquefied natural gas (LNG) carriers from French LNG containment specialist GTT. According to GTT’s statement, the tank design order was placed on behalf of a Middle Eastern shipowner at the beginning of 2023. T

about 3 years ago
MSC Chiyo
Clean Fuel

MSC dominates the industry with record-breaking 124-ship orderbook

Swiss-based container shipping giant MSC has the largest orderbook by far in the industry with 124 containerships on order. Namely, MSC has 14 megamax ships and 22 neo-panamax ships on order scheduled for delivery in 2023, according to Alphaliner. The orders are spread between Chinese and South Kore

about 3 years ago
UAE to get its first large-scale methanol production plant
Clean Fuel

UAE to get its first large-scale methanol production plant

Abu Dhabi Chemicals Derivatives Company (TA’ZIZ) has teamed up with global methanol producer Proman AG to develop the United Arab Emirates’ (UAE) first world-scale methanol production facility. The parties have signed a shareholders agreement to develop the facility with an anticipated annual capaci

about 3 years ago
Ursula von der Leyen, President of the European Commission
Clean Fuel

In focus: Energy transition caught between cooperation and fragmentation

The world’s business and political leaders gathered this week for the World Economic Forum’s annual event in Davos to discuss global challenges and the way forward. The topic of the weeklong event is ‘Cooperation in a Fragmented World’, highlighting the need to work together to overcome the perfect

about 3 years ago
ACWA Power to work on first green hydrogen and ammonia projects in Uzbekistan
Clean Fuel

ACWA Power to work on first green hydrogen and ammonia projects in Uzbekistan

ACWA Power, a Saudi developer, investor, and operator of power generation, water desalination, and green hydrogen plants worldwide, Uzbekistan’s Ministry of Energy, and Uzkimyosanoat, an Uzbekistan-owned chemical company, have signed extensive heads of terms agreements to develop a green hydrogen fa

about 3 years ago