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Project & Tenders

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Illustration; Source: International Energy Agency (IEA)
Project & Tenders

Decision time for oil & gas industry: Embrace green energy shift or keep fueling climate crisis

The International Energy Agency (IEA): The time has come for the oil and gas industry to take a firm stand during the transition era.

about 2 years ago
Stena Forth drillship; Source: Stena Drilling
Project & Tenders

Shell finds gas in Mediterranean Sea with Stena drillship

Shell Egypt, a subsidiary of oil major Shell, has made a new gas discovery in an offshore block located in Egypt’s Mediterranean Sea.

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about 2 years ago
Santos
Project & Tenders

ADNOC and Santos embarking on carbon capture and storage with net zero at the heart of decarbonization quest

ADNOC has joined forces with Santos to pursue a pathway towards the potential development of a joint global carbon management platform.

about 2 years ago
Illustration; Source: TotalEnergies
Project & Tenders

In focus: Energy and maritime plays shaping greener future to wean the world off fossil fuels

This week saw Europe entrench its position as the decarbonization trailblazer, with the Netherlands, Germany, Norway, Denmark, and Belgium spearheading the new wave of projects.

23 minutes read
Illustration; Courtesy of Center for International Environmental Law (CIEL)
Project & Tenders

Report: Instead of emission silver bullet, offshore CCS rush deemed as fossil fuel extension cover-up

New report from the Center for International Environmental Law (CIEL) outlines that offshore CCS is not a solution to fossil fuel pollution.

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Project & Tenders

COP28: Sketching decarbonization roadmap with phase-out of fossil fuels as the centerpiece to get global net-zero efforts on track

COP28 is seen as a beacon of hope to devise a transformational roadmap in a bid to get the global energy transition undertaking on track.

about 2 years ago
Dr. Sultan Al Jaber, COP28 President
Project & Tenders

Will COP28 live up to the hype and establish an energy transition roadmap leaving no one behind?

The UAE plans to spearhead efforts at COP28 for a clear roadmap to step up net zero progress through “a pragmatic global energy transition.”

about 2 years ago
The 192MWp Cirata floating solar power plant (Courtesy of Sungrow FPV)
Project & Tenders

The largest floating solar power plant in Southeast Asia comes online

The 192MWp floating solar plant, developed by Indonesia’s state-owned utility company PLN and Abu Dhabi Future Energy Company – Masdar, has been put in operation at Cirata hydropower reservoir in West Java, Indonesia.

about 2 years ago
Kingdom 1 jack-up rig; Source: ARO Drilling
Project & Tenders

WATCH: ARO Drilling and IMI hold naming ceremony for first of 20 planned newbuild jack-up rigs

ARO Drilling and International Maritime Industries held a naming ceremony for the first Saudi-operated and manufactured offshore jack-up rig.

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Project & Tenders

Report: Fossil fuel age not running out of gas, as production ramp-up undermines net-zero transition

A new report warns that plans to scale up fossil fuels threaten net-zero targets, derailing the transition to a sustainable future in line with the 1.5°C warming limit.

about 2 years ago
Valaris 121 rig; Source: Valaris
Project & Tenders

Valaris anticipates ‘meaningfully’ higher profits in next two years, as rig market tightens further

Valaris has recorded a strong operational and financial performance during the third quarter of 2023, thanks to a rise in rig demand and day rates.

about 2 years ago
NEOM green H2 project gains ground with arrival of 1st major equipment
Project & Tenders

NEOM green H2 project gains ground with arrival of 1st major equipment

NEOM Green Hydrogen Company (NGHC), a joint venture created by ACWA Power, Air Products and NEOM, has reached a milestone in the construction and development of the NEOM green hydrogen plant, by receiving its first delivery of wind turbines at the Port of NEOM in Northwest Saudi Arabia. NEOM said th

about 2 years ago
AD Ports buys 10 vessels in $200 million deal
Project & Tenders

AD Ports buys 10 vessels for $200 million

UAE-based AD Ports Group has acquired ten vessels for around $200 million, representing a circa 20% increase in offshore and subsea capacity for the company’s Middle East and Southeast Asia operations. The vessels, bought from offshore supply vessel owner and operator E-NAV, are said to make a well-

about 2 years ago
North Field off Qatar; Source: QatarEnergy LNG
Project & Tenders

Strengthening of Qatar-China energy ties entrenches gas as ‘central component’ in journey to sustainable future

A recent deal between Qatar’s QatarEnergy and China’s Sinopec bolsters hopes that gas and LNG will power the energy transition engine.

about 2 years ago