Singapore’s Pavilion Energy has received its inaugural liquefied natural gas (LNG) shipment from Qatar accompanied by a Statement of Greenhouse Gas Emissions (SGE) at the Singapore LNG terminal. The cargo was supplied by QatarEnergy, and SGE serves as an authenticated record of the greenhouse gas emissions generated throughout the entire process of extracting and transporting […]
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Samsung Engineering signs deal for modular projects
Korean engineering major Samsung Engineering, and integrated energy firm OMV, have announced the signing of an MoU to jointly develop sustainable projects based on modularization. The MoU was signed at the OMV headquarters in Vienna, Austria, by Martijn van Koten, an executive board member of OMV and EVP Fuels & Feedstock, and Hong Namkoong, president and […]
Posted inNews, Energy Transition
Green hydrogen: The future is here
While the horrific COVID-19 catastrophe may be what many remember about 2020, it was also a historic year for global energy transition and the advancement of hydrogen technology. In connecting their pandemic response with longer-term aims, many governments announced efforts to utilize hydrogen as a vital energy source. Parallel to this, many nations, cities, and […]
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Saudi bank signs $1.4 billion deal for projects across industries
Jeddah-headquartered Islamic Development Bank (IsDB) has signed 77 financing agreements worth $1.44 billion with 24 member countries in a bid to address the ongoing global crises, Arab News reported. The deals were signed on the sidelines of IsDB’s annual meeting in Jeddah. Mohammad Al-Jasser, chairman of the group, said the agreements seek to promote various […]
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NEOM awards $1.5 billion contract to connect cities for gigaproject
NEOM has awarded contracts worth $1.5 billion to Italian company Webuild and its joint-venture partner Shibh Al Jazira Contracting Co (SAJCO) to design and build 57 kilometers of a high-speed railway in NEOM, along the north Red Sea coast of Saudi Arabia. The contract covers the design and build for a railway connecting THE LINE, […]
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ADNOC, Baker Hughes sign deal for green tech solutions
ADNOC and Baker Hughes signed today an agreement to accelerate the development and commercialisation of technology solutions for green and low-carbon hydrogen, as well as graphene. The agreement, which follows a strategic technology collaboration agreement signed between the two companies in November 2022, will see ADNOC collaborate with Baker Hughes as a strategic partner to […]
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UAE’s $3 billion Etihad Rail project begins commercial operations
Etihad Rail, UAE’s National Rail Network, which successfully completed construction in February, has announced the commencement of its commercial operations. “The UAE’s National Rail Network is now complete. Commercial operations start now,” Etihad Rail’s Twitter post read. Etihad Rail’s 1,200 km network will extend across the United Arab Emirates, from the border of Saudi Arabia […]
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Saudi’s $500 billion futuristic city NEOM unveils stunning photos
NEOM has partnered with Getty Images and Unsplash, the world’s largest providers of visual content, to create and distribute an extensive visual library showcasing its diverse and natural environment and giving the world a sneak peek into what they will discover in the years to come. Last year, NEOM launched its subsidiary company ENOWA, aimed at […]
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To gas or not to gas: The role of gas power in the changing energy landscape
The debate on renewable energy versus gas power generation is one that’s not going away anytime soon, and for good reasons. As the world becomes increasingly aware of the impact of climate change, the energy sector has been forced to rethink its strategies. The pressure to reduce greenhouse gas emissions has resulted in a shift […]
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Saipem consortium wins FEED contract for TotalEnergies’ LNG project
A consortium of Saipem, Daewoo Engineering & Construction and Tripatra Engineers and Constructors has secured the front-end engineering and design (FEED) contract for the upstream facilities of TotalEnergies’ Papua LNG project. Indonesian contractor Tripatra said the contract covers phase two of the FEED work including for the central processing facility and well pads for the […]