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STAX Engineering gets funding boost, launches carbon capture trials with Seabound
Collaboration

STAX Engineering gets funding boost, launches carbon capture trials with Seabound

STAX Engineering has secured a $70 million funding boost, alongside launching new carbon capture trials with Seabound.

about 1 year ago
REGENT
Collaboration

Electric seagliders enter the UAE market with a bang as REGENT unveils new JV

REGENT Craft, a US-based developer and manufacturer of all-electric seagliders, has signed an initial agreement with Strategic Development Fund (SDF), an Abu Dhabi-based investment company wholly owned by EDGE Group, to form a joint venture for manufacturing seagliders in the UAE.

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about 1 year ago
Italy's Eni to off-take renewable energy from Albania via planned 1 GW subsea link
Collaboration

Italy’s Eni to off-take renewable energy from Albania via planned 1 GW subsea link

Italy’s energy major Eni has secured the status of a preferred off-taker of renewable energy transmitted from Albania to Italy through a planned 1 GW subsea interconnector by signing an agreement with Emirati partners. Eni’s Chief Executive Officer Claudio Descalzi has signed three collaboration agr

about 1 year ago
Yara
Collaboration

Lloyd’s Register Foundation and World Economic Forum team up on nature-positive ports

Lloyd’s Register Foundation and the World Economic Forum have partnered to accelerate the transition to nature and people-positive ports.

about 1 year ago
Tungsten Explorer drillship; Credit: Greg Williams
Collaboration

TotalEnergies and Eni sign on dotted line for Cyprus gas exports through Egypt

TotalEnergies and Eni have struck a deal with Cyprus and Egypt to develop a gas discovery named after the god of time in ancient Greek mythology by exporting the natural gas from the field off the coast of Cyprus through Egypt.

about 1 year ago
AD140 jack-up rig; Source: Arabian Drilling
Collaboration

Saudi and UAE rig owner duo pooling resources to widen offshore drilling horizons

Shelf Drilling has decided to join forces with Arabian Drilling to expand their offshore drilling footprint.

about 1 year ago
ACWA Power and Hysata enter hydrogen technology partnership
Collaboration

ACWA Power and Hysata enter hydrogen technology partnership

ACWA Power and Hysata have signed an agreement for the delivery of commercial-scale demonstrations of Hysata’s electrolysis technology in Saudi Arabia.

about 1 year ago
SEFE unites with ACWA Power to supply green hydrogen to Europe
Collaboration

SEFE unites with ACWA Power to supply green hydrogen to Europe

Germany’s Securing Energy for Europe (SEFE) has signed a memorandum of understanding (MoU) with Saudi Arabia’s ACWA Power for the production and supply of green hydrogen to Europe.

about 1 year ago
Bahri-Petredec alliance to help meet Saudi Arabia’s LPG and ammonia shipping needs
Collaboration

Bahri-Petredec alliance to help meet Saudi Arabia’s LPG and ammonia shipping needs

Saudi Arabia’s national shipping carrier Bahri has formed a strategic partnership with gas carrier owner Petredec focused on meeting Saudi Arabia’s increasing LPG and ammonia shipping demands.

about 1 year ago
ACWA Power and Snam form green hydrogen and ammonia alliance
Collaboration

ACWA Power and Snam form green hydrogen and ammonia alliance

Saudi Arabia’s ACWA Power and Italy’s Snam have agreed to explore collaboration opportunities and joint investments in establishing an international green hydrogen supply chain.

about 1 year ago
A man and a woman standing next to each other
Collaboration

ADNOC’s $10B gas supply deal boosting UAE’s energy transition

ADNOC Gas, an affiliate of Abu Dhabi National Oil Company (ADNOC), has entered into a long-term strategic partnership with Emirates Water and Electricity Company (EWEC), the procurer and supplier of water and electricity in Abu Dhabi. The duo has also signed a gas sales and purchase agreement (GSPA)

about 1 year ago
Masdar and Lhyfe partner up for large-scale hydrogen projects in Europe
Collaboration

Masdar and Lhyfe partner up for large-scale hydrogen projects in Europe

Abu Dhabi Future Energy Company (Masdar) and French renewable hydrogen producer Lhyfe have entered a memorandum of understanding (MoU) to explore potential co-development opportunities in large-scale green hydrogen production projects in Europe.

about 1 year ago
AM Green partners with DP World to develop green fuels supply chain
Collaboration

AM Green partners with DP World to develop green fuels supply chain

Indian green hydrogen and ammonia producer AM Green has joined forces with UAE-based logistics group DP World to develop a sustainable supply chain for green fuels and chemicals.

about 1 year ago
DP World
Collaboration

DP World and Gemini Cooperation to bolster cargo operations in Canada

Dubai-based terminal operator DP World has shaken hands with the Gemini Cooperation to “enhance” cargo operations across Canada. As disclosed, commencing from February 2025, the DP World is set to introduce several new container services at its terminals at the Port of Prince Rupert, the Port of Van

about 1 year ago