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Outlook & Strategy

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QatarEnergy LNG delivers 1,000th cargo to South Hook LNG terminal in UK
Outlook & Strategy

QatarEnergy LNG delivers 1,000th cargo to South Hook LNG terminal in UK

QatarEnergy LNG, previously known as Qatargas, has completed its 1,000th LNG shipment to the South Hook LNG terminal at Milford Haven in the United Kingdom (UK). The landmark delivery was made by the Q-Max LNG carrier Mozah, which already has another landmark achievement to its name, the 10,000th LN

about 2 years ago
DNV
Outlook & Strategy

GSBN, DNV team up on verified data sharing in a major push for decarbonization

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Global Shipping Business Network (GSBN), an independent non-profit technology consortium, has signed a Memorandum of Understanding (MoU) with the DNV classification society. The partnership aims to promote decarbonization and accelerate the adoption of alternative fuels by enabling the trusted shari

about 2 years ago
Hydrogen Council welcomes three new members
Outlook & Strategy

Hydrogen Council welcomes three new members

UAE-based renewable energy company Abu Dhabi Future Energy Company (Masdar), Indian multinational conglomerate Larsen and Toubro (L&T) and Belgium’s Agfa have joined the Hydrogen Council, a global CEO-led initiative that brings together companies with a united vision and long-term ambition for hydro

about 2 years ago
Financing secured for ARO Drilling's two new jack-up rigs
Outlook & Strategy

Financing secured for ARO Drilling’s two new jack-up rigs

ARO Drilling, a 50/50 joint venture between Valaris and Saudi Aramco, has secured financing for its first two new-build jack-up rigs, set to work for Saudi Aramco. ARO has entered into a $359 million term loan with a syndicate of local Saudi Arabian banks to finance the deliveries. The proceeds will

about 2 years ago
DP World
Outlook & Strategy

APMT, DP World: Port electrification is the fastest lane to impact. Hydrogen solutions an outlier, not the norm.

In the maritime sector, the quest for cleaner, more efficient practices has given rise to the electrification of ports and container handling equipment. Why, you might ask? The answer is clear, for electrification offers a trifecta of advantages that places it at the forefront of a green revolution:

about 2 years ago
Saudi Arabia and Korea shake hands on clean hydrogen cooperation
Outlook & Strategy

Saudi Arabia and Korea shake hands on clean hydrogen cooperation

Korea’s Ministry of Trade, Industry and Energy (MOTIE), energy institutions, and companies have signed two agreements and five memorandums of understanding (MoUs) with their Saudi counterparts to widen clean hydrogen cooperation. The agreements and MoUs were signed on October 22 on the occasion of t

about 2 years ago
Fluxys, OQGN to work on hydrogen and CO2 infrastructure projects in Oman
Outlook & Strategy

Fluxys, OQGN to work on hydrogen and CO2 infrastructure projects in Oman

Belgium’s energy infrastructure company Fluxys and Omani state-owned transmission system operator OQ Gas Networks (OQGN) have signed a memorandum of understanding (MoU) to jointly explore strategic cooperation in the development of hydrogen and CO2 infrastructure projects in Oman. The signing took p

about 2 years ago
Aramco and ENOWA team up to develop synthetic e-fuel demonstration plant
Outlook & Strategy

Aramco and ENOWA team up to develop synthetic e-fuel demonstration plant

Aramco, an integrated energy and chemicals company, and ENOWA, NEOM’s energy and water company, have signed a joint development agreement to construct and establish a synthetic electro-fuel (e-fuel) demonstration plant. NEOM will oversee the construction of the plant, while Aramco and ENOWA will joi

about 2 years ago
ACWA Power eyes green hydrogen corridor between its production sites and Amsterdam port
Outlook & Strategy

ACWA Power eyes green hydrogen corridor between its production sites and Amsterdam port

Saudi developer of green hydrogen projects ACWA Power has signed a memorandum of understanding (MoU) with GasLog, Zenith Energy Terminals, and Port of Amsterdam to explore the viability of developing a green hydrogen export corridor between its global hydrogen production sites and the port of Amster

about 3 years ago
Maersk
Outlook & Strategy

Alliance of CEO Climate Leaders urge world govts to scale up investment in renewable energy ahead of COP28

More than a hundred CEOs and senior executives from the Alliance of CEO Climate Leaders, led by Vincent Clerc, Chief executive Officer of A.P. Moller Maersk, have shared an open letter to world leaders ahead of COP28. The quest to cap global temperature rise at 1.5°C faces jeopardy without intensifi

about 3 years ago
Oman LNG extends partnership with international firms, including Shell, beyond 2024
Outlook & Strategy

Oman LNG extends partnership with international firms, including Shell, beyond 2024

Oman LNG has signed shareholder agreements with several international companies, including Shell, as part of its strategic roadmap to extend the existing agreements and continue business beyond 2024. At the ceremony held on October 23, the state-owned company signed Oman LNG and Qalhat LNG sharehold

about 3 years ago
Eni clinches long-term LNG deal with QatarEnergy to strengthen Italy’s energy security
Outlook & Strategy

Eni clinches long-term LNG deal with QatarEnergy to strengthen Italy’s energy security

Qatar’s state-owned oil and gas company QatarEnergy and Italian energy major Eni have signed a long-term agreement for the supply of LNG from Qatar to Italy. Under the 27-year sale and purchase agreement (SPA), up to one million tons per annum (mtpa) of LNG will be delivered to the floating storage

about 3 years ago
Euronav
Outlook & Strategy

Euronav, Cargill, and Chevron vow to adopt vessel optimization strategies at GMF summit

Industry giants Chevron, Euronav, and Cargill have announced their joint operational efficiency ambition statement as part of the Global Maritime Forum Annual Summit in Athens. Under the ambition, the trio committed to adopt vessel optimization strategies that can decrease annual fuel consumption by

about 3 years ago
The Insight Partners: Green hydrogen market to grow to $88 billion by 2030
Outlook & Strategy

The Insight Partners: Green hydrogen market to grow to $88 billion by 2030

According to the “Green hydrogen market forecast to 2030 – COVID-19 impact and global analysis – technology (alkaline electrolysis and PEM electrolysis), renewable source (wind energy, solar energy and others), end-use industry (chemical, power, food & beverages, medical, petrochemicals and others)

about 3 years ago