Monday 30 January 2023

Enapter AG wins major AEM electrolysers order from South Korea

Enapter AG together with its partner YEST has received an order from South Korea for the delivery of two AEM electrolysers with a total capacity of 2 megawatts. The systems will be used in a 12.5 MW hydrogen pilot project on Jeju Island.   The demonstration proj


Natural gas share of energy mix will rise to 26% in 2050: GECF

The energy demand is expected to rise 22 per cent by 2050 and the natural gas’ share in the energy mix will go from 23 per cent today to 26 per cent in 2050, according to a new study.   The Gas Exporting Countries Forum (GECF) launched the latest edition o


QatarEnergy partners in Lebanon offshore exploration

QatarEnergy has entered into agreements with the Government of Lebanon, TotalEnergies and Eni to become a partner in two exploration blocks offshore Lebanon. Pursuant to the terms of the agreements signed in Beirut today, QatarEnergy will hold a 30% working interest in the Explor


Dewa commissioned 17 substations in 2022, says report

Dubai Electricity and Water Authority (Dewa) had last year inaugurated 17 new substations including fifteen 132kV stations with a conversion capacity of 2,280 MVA and two 400kV stations with a conversion capacity of 4,000 MVA, in Al Qusais Industrial Area 5 and Jebel Ali First. &


nogaholding wins $200m funding from Al Baraka Islamic Bank

Bahrain's Oil and Gas Holding (nogaholding) has announced that it has secured a $200 million revolving credit facility from a banking syndicate led by Al Baraka Islamic Bank. The facility was structured as an Islamic Murabaha financing scheme.   The syndicat


SWCC teams up with Carbonco for Saudi CCUS projects

Saudi Arabia's Saline Water Conversion Corporation (SWCC) has signed a co-operation agreement with Carbonco, a unit of Korean engineering and construction company DL E&C, for joint research in various Carbon Capture Utilisation and Storage (CCUS) projects across the kingdom.


Saudi reaffirms commitment to bridging global divides

Saudi Arabia reiterated its commitment to build bridges across geopolitical and economic divides at the World Economic Forum (WEF) 2023 Annual Meeting in Davos, Switzerland last week.   “Geopolitical stability is key to energy security, and the kingdom has


Nogaholding, EWA power Beban with 100% renewable energy

Bahrain's Oil and Gas Holding Company (nogaholding) partnered with Hope Ventures, the investment arm of Hope Fund and producers of entrepreneurship-themed reality television show, Beban, and Bahrain’s Electricity and Water Authority (EWA) to make Beban the first TV show 100% powered


Masdar to certify a novel pathway to make SAF from methanol

A consortium of Masdar, TotalEnergies, Siemens Energy and Marubeni has announced that the Masdar-led initiative focused on green hydrogen to produce SAF is actively working with licensors to certify a new production pathway for SAF from methanol.   This novel pa


Emerson breaks ground on Spark facility

Emerson, a global technology, software and engineering powerhouse, has broken ground to build a state-of-the-art innovation and manufacturing hub at the King Salman Energy Park (Spark) in Saudi Arabia, further expanding its local capabilities.   

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