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Japan and Saudi Arabia forge clean energy alliance
Collaboration

Japan and Saudi Arabia forge clean energy alliance

Japan and Saudi Arabia have signed memoranda of understanding (MoUs) for cooperation in the areas of circular carbon economy (CCE) and carbon recycling as well as clean hydrogen, ammonia and derivatives. The MoUs were signed during the first ministerial meeting of the Saudi-Japanese Ministerial Dial

about 3 years ago
ADNOC buying stake in Austrian oil and gas firm
Collaboration

ADNOC buying stake in Austrian oil and gas firm

Abu Dhabi National Oil Company (ADNOC) is acquiring a 24.9 per cent shareholding in Austrian oil and gas company OMV from Mubadala Investment Company. Österreichische Beteiligungs AG (ÖBAG), an Austrian independent holding company, holds 31.5 per cent, with the remaining share capital in free float.

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about 3 years ago
INTOG leasing illustration (Courtesy of Crown Estate Scotland)
Collaboration

In focus: Oil and gas electrification gains ground as offshore energies forge closer ties

Offshore energy industries, which up until recently had little in common, are becoming increasingly intertwined as governments and private sectors step up their game for a more integrated and sustainable energy mix of the future.

about 3 years ago
In focus: Gas still runs the show but bets on hydrogen threaten to steal it
Collaboration

In focus: Gas still runs the show but bets on hydrogen threaten to steal it

Will the increase in investments enable hydrogen to dethrone gas as the key player in the energy decarbonisation game?

about 3 years ago
Seafarers
Collaboration

Unions, employers sign pact to keep pandemic cooperative spirit alive as decarbonization challenges loom

Unions representing seafarers and maritime employers have signed a new memorandum of understanding (MOU) to take forward the ‘spirit of cooperation’ that marked the shipping industry’s joint efforts throughout the pandemic. The MOU’s signatories are the International Transport Workers’ Federation (I

about 3 years ago
cma cgm
Collaboration

26 LNG-powered ships to join Ocean Alliance Day 7

Members of the OCEAN Alliance, CMA CGM, COSCO Shipping Lines, OOCL and Evergreen have signed the Ocean Alliance Day 7 Product, which will launch in January 2023 with 40 services and an annual capacity of 22.4 million TEUs. It has been announced that 26 dual-fuel, LNG-powered CMA CGM ships would be a

about 3 years ago
Netherlands sets sights on hydrogen cooperation with Oman
Collaboration

Netherlands sets sights on hydrogen cooperation with Oman

During the climate summit COP27 in Egypt, the governments of the Netherlands and Oman have signed a declaration of intent with the aim to cooperate on hydrogen projects. The hydrogen cooperation between the two countries will focus on setting up import and export facilities for green hydrogen. The N

about 3 years ago
Oilfield services giants get a slice of Aramco's iktva pie as Saudi player dishes out $11bln
Collaboration

Oilfield services giants get a slice of Aramco’s iktva pie as Saudi player dishes out $11 bln

Saudi oil and gas giant Aramco has signed corporate procurement agreements (CPAs) with oilfield services majors Baker Hughes, Halliburton and SLB, among other companies, as part of its iktva program. Aramco signed 59 CPAs with 51 local and global manufacturers, valued at $11 billion, which are expec

about 3 years ago
How do things stand for the oil & gas industry in the wake of COP27?
Collaboration

How do things stand for the oil & gas industry in the wake of COP27?

In the aftermath of COP27, many argue that very little progress was made on the phasing out of fossil fuels.

about 3 years ago
Maersk sets sights on green methanol production in Jordan
Collaboration

Maersk sets sights on green methanol production in Jordan

Danish shipping and logistics giant A.P. Moller – Maersk has signed a memorandum of understanding (MoU) with Jordan’s Ministry of Energy and Mineral Resources for cooperation in the field of green marine fuel production. The MoU was signed on the sidelines of the 2022 United Nations Climate Change C

about 3 years ago
Maritime sector teams up with hydrogen leaders to scale up green hydrogen production
Collaboration

Maritime sector teams up with hydrogen leaders to scale up green hydrogen production

Shipping organizations and initiatives across the shipping value chain, joined by the largest producers of green hydrogen, today signed on to a joint statement at COP27, committing to the rapid and ambitious production and use of low-carbon fuels based on green hydrogen to accelerate shipping’s deca

about 3 years ago
New action plan comes into the limelight to accelerate decarbonisation
Collaboration

New action plan comes into the limelight to accelerate decarbonisation

With COP27 in full swing, governments have set out an action plan to scale up decarbonisation efforts, says IRENA.

about 3 years ago
Cargo
Collaboration

Cargo owners roll out a roadmap to decarbonize ocean freight by 2040

Cargo owner-led network Cargo Owners for Zero Emissions Vessels (coZEV) has released a ‘Roadmap to 2040’, which outlines action areas cargo owners can start taking in 2023 to enable full decarbonization of their ocean freight by 2040. Reaching net-zero by 2040 has been established as a target by the

about 3 years ago
Israeli and Moroccan companies forge hydrogen partnership at COP27
Collaboration

Israeli and Moroccan companies forge hydrogen partnership at COP27

Israeli company H2Pro and Moroccan renewable energy developer Gaia Energy have signed a strategic agreement for the co-development of a gigawatt-scale green hydrogen project. The agreement was signed during the UN Climate Conference COP27, which is being hosted by Egypt in Sharm El-Sheikh. Under the

about 3 years ago