Mozambique has selected a consortium including TotalEnergies and Electricite de France in a $4.5 billion hydroelectric project in the south-east African nation as investment in clean energy continues to climb. The 1,500-megawatt Mphanda Nkuwa dam and an associated transmission line is aimed at easing the power crisis in the region, Bloomberg reported on Friday, citing a government statement. Japan’s Sumitomo […]
Author Archives: Faiza Rizvi
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Saudi Aramco to partner with Iraq for major gas project
Saudi Aramco is set to develop a major onshore gas field in Iraq, stepping up its investments in hydrocarbon projects outside the kingdom. Iraq is in discussions with Saudi companies, including Aramco, to invest in its oil and gas sector but a final agreement has not yet been reached, the Iraqi Oil Ministry said on […]
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EPC contractors lining up for ADNOC’s multi-billion Hail & Ghasha megaproject
Firms have expressed interest in the new EPC tendering round for the Hail & Ghasha onshore facilities project after agreements were canceled last month, according to data from DMS Projects. The list of participating contractors is yet to be announced. ADNOC recently terminated two key contracts for onshore and offshore work on the Hail and […]
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Aramco awards EPC contract for world’s largest offshore field
Aramco has awarded an engineering, procurement, construction and installation (EPCI) contract for its $1 billion Safaniya offshore increment project to China Offshore Oil Engineering Co (COOEC), according to data from DMS Projects. The EPCI works on the Safaniya offshore increment project, which was divided into 10 tenders, includes 13 offshore jackets that will be built in […]
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The only chemistry that matters for a sustainable future
If you are reading this article on your mobile phone, there is a good chance its casing is made from a material manufactured by SABIC, as is your computer screen. Perhaps your hand is resting on a mouse, which historically was made from virgin plastic, but thanks to us, is now manufactured from ocean-bound plastic. […]
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‘Worst yet to come’ for Europe’s energy crisis, Qatari minister warns
Qatar’s energy minister warned on Tuesday the “worst is yet to come” for Europe’s oil and gas shortages, saying a warm winter had prevented greater difficulties in recent months, according to an AFP report. Saad al-Kaabi and his Saudi counterpart Prince Abdulaziz bin Salman said a lack of investment in oil and gas, as the […]
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Qatar eyes Iraqi oil and gas projects
Iraq Oil Minister HE Hayan Abdel Ghani confirmed on Wednesday Qatar’s interest in obtaining rights for oil and gas exploration in his country, speaking at the Qatar Economic Forum. Ghani told Qatar News Agency (QNA) that the forum was an opportunity to announce a number of energy projects that Iraq wants to develop in the […]
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Why are lawmakers calling to remove Al Jaber as head of COP28?
Over 130 American and European lawmakers are urging the removal of ADNOC CEO Sultan Al Jaber as the president of the upcoming COP28 climate talks. In a joint letter addressed to the United Nations, European Commission President, and US President Joe Biden, the lawmakers have expressed concerns about the influence of fossil fuel companies on […]
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UAE reveals major change to work permits
The UAE has made a major change to the duration of work permits in the country. Following recommendations from a Federal National Council committee the active duration of work permits in the country will be extended to three years. It is illegal to work in the UAE without a valid work permit. UAE work permits Before the FNC […]
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Angry protesters storm Shell’s annual shareholder meeting
Shell shareholders expressed strong support for the energy giant’s strategy at a tumultuous annual general meeting disrupted by climate activists who tried to storm the stage, Reuters reported on Tuesday. The meeting started after an hour’s delay caused by massive disruptions by protesters who were then carried out by dozens of security staff. “Go to hell, Shell, […]
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