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Fossil Energy

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ADNOC Gas and JERA Global Markets ink $500-700 million LNG supply deal
Fossil Energy

ADNOC Gas and JERA Global Markets ink $500-700 million LNG supply deal

UAE’s integrated gas processing company ADNOC Gas has announced a multi-year liquified natural gas (LNG) supply agreement, valued between $500 million (AED 1.8 billion) and $700 million (AED 2.5 billion), with JERA Global Markets, a trading subsidiary of Japan’s energy major JERA. ADNOC Gas said the

about 3 years ago
QatarEnergy and Shell agree on 27-year LNG supply to the Netherlands
Fossil Energy

QatarEnergy and Shell agree on 27-year LNG supply to the Netherlands

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QatarEnergy and Shell, through their affiliates, have signed two long-term LNG sale and purchase agreements for the supply of LNG from Qatar to the Netherlands. Pursuant to the agreements, up to 3.5 million tons per annum (mtpa) of LNG will be delivered to the Gate LNG terminal in the port of Rotter

about 3 years ago
Illustration; Source: QatarEnergy
Fossil Energy

In focus: The hard truths and wake-up calls in the global energy transition

As the world races towards a net-zero emissions future by 2050, it’s imperative to acknowledge some hard truths and heed the wake-up calls emerging from the latest reports and analyses. The energy transition journey is undoubtedly complex, laden with challenges and unearthing difficult realities as

about 3 years ago
Wood Mackenzie
Fossil Energy

With different decarbonization pathways in play, how are NOCs holding up against IOCs?

Wood Mackenzie points out that NOCs and IOCs are making progress at a different pace, as there are multiple roads to a sustainable world.

about 3 years ago
Illustration; Source: DNV
Fossil Energy

Net-zero by 2050 ambition at risk: In with renewables and out with fossil fuels ‘far from fast enough,’ warns DNV

DNV: The pace of the transition from fossil fuels to renewables is not being imbued with enough speed to reach net-zero by 2050 targets.

about 3 years ago
North Field off Qatar; Source: QatarEnergy LNG
Fossil Energy

TotalEnergies and QatarEnergy strengthen ties with 27-year LNG supply deals to bolster France’s energy security

QatarEnergy has inked two long-term LNG sale and purchase agreements (SPAs) with TotalEnergies for the supply of up to 3.5 mtpa of LNG.

about 3 years ago
Recently shut-in Tamar platform off Israel; Source: Chevron
Fossil Energy

With oil & gas markets on tenterhooks in the wake of the Israel-Palestine war, is a reinvigorated push for clean energy coming?

While current impacts are bound to be limited, a further spike along with a disruption of oil supplies are believed to be on the cards if Iran joins the fray.

11 minutes read
In focus: Is natural gas crucial element of energy transition?
Fossil Energy

In focus: Is natural gas crucial element of energy transition?

With the world adapting to emerging sources of supply and decarbonization technologies, the discussion about which fuel is the top contender for the successful energy transition continues. Despite the growing opposition to fossil fuels, some consider natural gas, primarily LNG, as the leading transi

about 3 years ago
Noble-owned Khamsin drillship (for illustration purposes); Source: Equinor
Fossil Energy

International offshore rig count takes a downturn

Baker Hughes’ international rig count report shows a sharp drop in the number of offshore rigs in September 2023.

about 3 years ago
Saipem
Fossil Energy

Saipem rakes in whopping $4.1 billion for work on natural gas project

Saipem, in consortium with NPCC, has inked a letter of award (LOA) with ADNOC for work on a recently sanctioned giant gas development.

about 3 years ago
ADNOC
Fossil Energy

ADNOC turns to drones to slash emissions and ‘future-proof’ onshore & offshore ops

ADNOC has joined forces with EDGE to deploy UAE-made drones across its onshore and offshore operations to curb its emission footprint.

about 3 years ago
Illustration; Source: ADNOC
Fossil Energy

ADNOC sanctions giant gas development designed to run with net-zero CO2 emissions

ADNOC) has made a final investment decision and awarded of batch of contracts for a giant gas development, which aims to operate with net-zero carbon dioxide (CO2) emissions.

about 3 years ago
Illustration; Source: SLB
Fossil Energy

SLB unveils ‘plug-and-play’ methane monitoring tool for oil & gas ops

SLB has launched a compact methane instrument, enabling continuous methane monitoring across oil and gas operations.

about 3 years ago
Illustration; Source: QatarEnergy
Fossil Energy

BP, QatarEnergy, and Eni get their hands on new exploration block off Egypt

A consortium – comprising Qatar’s QatarEnergy, the UK’s BP, and Italy’s Eni – has been awarded a new exploration block offshore Egypt.

about 3 years ago