Dubai public transport will be entirely emissions-free by 2050, according to the city Roads and Transport Authority (RTA). The RTA said its new plan will result in reducing CO2 emissions by 10 million tonnes while also saving $817 million in comparison to current operations. The plan includes electric taxis, net zero buildings and sustainable waste management […]
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Posted inDownstream
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. […]
Posted inNews
McDermott in the race for Qatar’s $1 billion offshore contract
McDermott is expected to land a major offshore pipe and pipelaying contract from Qatargas for the massive North Field sustainability (NFPS) project, Upstream reported, citing multiple people with direct knowledge of the development. According to the report “McDermott has been chosen as the preferred contractor by the Qatari state giant for carrying out work on […]
Posted inNews
Creating renewable water with infrastructure-free Hydropanels
Innovation is essential for growth, and companies constantly search for ways to address inherent business challenges. The oil and gas industry is increasingly recognising the need to integrate sustainability into its operations, which includes managing its environmental footprint, promoting resource efficiency, and driving cost savings. The industry is leveraging innovative approaches to enhance operations, reduce […]
Posted inPeople
Schneider Electric appoints Hady Stephan as VP of Gulf region’s power systems
Schneider Electric has appointed Hady Stephan as the Vice President of Power Systems for the Gulf region. Stephan’s mandate will be to drive growth in key countries in the Middle East and Africa, including the United Arab Emirates, Qatar, Bahrain, Kuwait, and Oman, according to a press release. As the head of Schneider Electric’s Power […]
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ADNOC to install solar panels on Dubai petrol stations this year
ADNOC Distribution will install solar panels across its service station network in a phased approach starting in Dubai this year, the company announced on Thursday. For the solar rollout, the company has partnered with Emerge, a joint venture between Masdar and EDF, to provide ADNOC Distribution with a full turnkey solution including finance, design, procurement, […]
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ADNOC partners with French company to design unmanned ROVs
ADNOC’s shipping unit ADNOC Logistics & Services has partnered with French marine and energy services firm SeaOwl to develop unmanned remotely operated vessels as part of its sustainability efforts. The vessels will be designed to reduce up to 30% of carbon emissions, with its smart automation systems capable of optimising routes, further contributing to ADNOC […]
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ADNOC drills first well for historic CO2 injection project
ADNOC has spudded the first well on the world’s first fully sequestered CO2 injection well as part of its $15 billion plan to decarbonise operations, the company announced in LinkedIn post. Originally announced earlier this year during the Abu Dhabi Sustainability Week, the project is expected to become operational in the second half of this […]
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SABIC’s Q1 earnings surge to $11 million despite market volatility
Saudi Basic Industries Corp (SABIC) has reported solid performance for the first quarter despite current market uncertainties, with its revenue surging to hit $10.6 billion. During the first quarter, SABIC announced several strategic agreements and developments that helped in continuing the company’s progression towards being the preferred world leader in chemicals. Last month, SABIC Agri-Nutrients […]
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Worley secures design and engineering contract for world’s largest offshore CCS project
Worley has secured an engineering design services contract for the Kasawari carbon capture and storage (CCS) project in Malaysia. The Kasawari development, set to be one of the world’s largest offshore CCS projects, aims to capture over 3 million tons of carbon dioxide (CO2) per annum. Under the contract, awarded by Malaysia Marine & Heavy […]