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Research & Development

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Saudi’s NEOM secures $2.7 billion for development of major projects
Research & Development

Saudi’s NEOM secures $2.7 billion for development of major projects

NEOM has secured a new revolving credit facility (RCF), worth $2.7 billion, that will support short-term financing requirements as NEOM moves forward with the development of major projects.

about 2 years ago
ACWA Power unites with IRENA to bolster renewable energy transition
Research & Development

ACWA Power unites with IRENA to bolster renewable energy transition

ACWA Power, has signed an agreement to partner with the International Renewable Energy Agency (IRENA) to drive the worldwide transition to renewable energy sources.

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about 2 years ago
International agreement targets development of electric thrusters for ROVs
Research & Development

International agreement targets development of electric thrusters for ROVs

Forum Energy Technologies (FET) has executed a memorandum of understanding (MoU) with a UAE-based underwater inspections provider to collaborate on the development of electric thrusters for remotely operated vehicles (ROVs). The MoU was signed by FET’s Subsea Technologies product line and SAFEEN Sur

about 2 years ago
ACME and Hydrogenious eye hydrogen value chains from Oman to Europe
Research & Development

ACME and Hydrogenious eye hydrogen value chains from Oman to Europe

ACME Group and Hydrogenious LOHC Technologies will explore the joint development of large-scale hydrogen supply chains from Oman to Europe.

about 2 years ago
Gibraltar wave power plant (for illustration purposes); Source: Eco Wave Power
Research & Development

Eco Wave Power’s ‘significant milestones’ keep optimism for future energy project opportunities alive

Eco Wave Power is among the companies that felt the impact of the unpredictability surrounding the economy in 2023.

about 2 years ago
GasLog links up with Chart Industries for large-scale liquid hydrogen supply chain
Research & Development

GasLog links up with Chart Industries for large-scale liquid hydrogen supply chain

Chart Industries and GasLog have teamed up to study the development of a commercial-scale liquid hydrogen (LH2) supply chain.

about 2 years ago
MethaneSAT Data Rendering; Credit: MethaneSAT
Research & Development

Brand-new satellite with ‘superpower’ to gauge methane goes live – gallery

A satellite has been launched to glean insight into methane emissions, focusing first on oil and gas operators.

about 2 years ago
ACWA Power allies with LONGi for its green hydrogen project in Uzbekistan
Research & Development

ACWA Power allies with LONGi for its green hydrogen project in Uzbekistan

ACWA Power and LONGi Hydrogen have partnered up for the first phase of a 3,000 tonne-per-year green hydrogen project in Uzbekistan.

about 2 years ago
Asyad
Research & Development

Asyad Shipping teams up with LR on ESG reporting

Asyad Shipping, part of Asyad Group, and classification society Lloyd’s Register (LR) have partnered to deliver the Omani national shipping company’s first Environmental, Social and Governance (ESG) report, in line with the established Global Reporting frameworks.

about 2 years ago
BV
Research & Development

BV: Energy insetting key to providing pathways for ‘earliest possible’ adoption of new fuels

Classification society Bureau Veritas (BV) has unveiled the results of new modeling research which confirmed the potential hefty cumulative impact of operational and technical efficiency measures in keeping shipping within its “carbon budget” to 2050.

about 2 years ago
POSCO and ADNOC forge clean hydrogen ties
Research & Development

POSCO and ADNOC forge clean hydrogen ties

South Korean POSCO Holdings, its subsidiary POSCO International and UAE’s Abu Dhabi National Oil Company (ADNOC) have signed a strategic cooperation agreement (SCA) for a joint investigation of clean hydrogen production business. According to the agreement, the three parties will jointly propel the

about 2 years ago
McDermott and Baker Hughes install subsea infrastructure for Inpex off Australia
Research & Development

Wood to provide services for several of Inpex’s decarbonization projects

UK’s engineering and consulting company Wood has been chosen by Japan’s energy major Inpex Corporation to work on several of its decarbonization projects across the globe. In Japan, Wood said the company will deliver concept design services for a carbon dioxide (CO2) transportation network, noting t

about 2 years ago
McDermott and Baker Hughes install subsea infrastructure for Inpex off Australia
Research & Development

Japanese gas firms join Masdar and Inpex for e-methane production study

Japan’s Tokyo Gas and Osaka Gas have signed a collaboration agreement with Abu Dhabi Future Energy Company – Masdar and Japan’s Inpex Corporation to conduct a joint feasibility study on e-methane production in Abu Dhabi in the United Arab Emirates (UAE). According to Inpex, through the initiative, T

about 2 years ago
ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021
Research & Development

ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021

In 2021, an overwhelming 82 percent of methane emissions from international shipping could be traced back to liquefied gas tankers, primarily LNG carriers, according to the International Council on Clean Transportation (ICCT). The data is derived from an analysis conducted using the ICCT’s Systemati

about 2 years ago