Once operational, the project will initially fully sequester a minimum of 18,000 tons per annum of CO2
Author Archives: Faiza Rizvi
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Aramco launches new trading subsidiary in US
Oil giant Saudi Aramco announced its commodities trading arm, Aramco Trading Co (ATC), has fully acquired US refiner Motiva Trading and launched Aramco Trading Americas LLC (ATA) as a wholly-owned subsidiary based in Houston, Texas. “ATA will be ATC’s regional office, expanding its trading business in North and South America to capture new opportunities and […]
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TA’ZIZÂ signs agreement to build ammonia facility in Al Ruways Industrial City
The facility will reinforce Abu Dhabi’s position as a leader in low-carbon fuel
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Aramco, ADNOC ranked most valuable brands in the Middle East
Aramco’s brand value rose to $43.6 billion, making it the most valuable brand in the Middle East
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ADNOC signs deal with German firm for ammonia cracking plants
The agreement will focus on the development of projects for large-scale ammonia cracking
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Turning CO2 into rock? ADNOC announces partners for unique project
ADNOC has announced a partnership with the Fujairah Natural Resources Corp (FNRC), Masdar and 44.01 to pilot technology that permanently mineralises CO2 within rock formations found in the Emirate of Fujairah. The project, which is the first of its kind in the Middle East, is due to commence in January 2023, and will use 44.01’s […]
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Only 3 days to go: Oil and Gas Middle East Awards nomination deadline
Oil & Gas Middle East is set to host the 13th annual installment of the awards that recognise the best in the business
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Hyundai wins deal to build two LNG vessels for Omani company
Asyad Shipping, a subsidiary of Oman’s Asyad Group, signed an agreement with Hyundai Samho Heavy Industries to build two modern LNG carriers dedicated to meeting the growing demand of the group’s customers for energy logistics services in anticipation of an uptick in the global demand for gas transportation. The fifth-generation vessels will be built at […]
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ADNOC awards $80 million contract for Hail and Ghasha gas development
A JV composed of Tecnimont, Technip Energies, and Samsung Engineering has secured the contract
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Opinion: Why Al Jaber’s COP28 appointment isn’t a ‘recipe for controversy’
Al Jaber is also the founding CEO and chairman of Masdar, which is working toward becoming the biggest green-energy company in the world
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