United Arab Emirates
The future of H₂: A regional outlook—Part 3: The Middle East and the US
Nations around the world are investing in new technologies and pathways to limit carbon emissions and adhere to ambitious net-zero goals. Part of this strategy includes the massive scale-up of H₂ production capacity, primarily green routes that use renewable energy for production. Part 1 of this work detailed current and future H2 demand, active H2 project numbers and capital spending globally in Africa, Asia and Canada. Part 2 focused on Western and Eastern Europe, Russia, the Commonwealth of Independent States, and Central and South America. This final article will examine major H2 developments in the Middle East and the US.
ADNOC Makes Statement on Possible Merger of Borouge and Borealis
Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”) is excited to confirm that, following initial exploratory discussions, it has entered into formal negotiations with OMV AG (“OMV”), about the potential creation of a new combined petrochemicals holding entity, through the proposed merger of their respective existing shareholdings in Borouge plc (“Borouge”) and Borealis AG (“Borealis”).
Masdar and Airbus sign agreement to support development and growth of global sustainable aviation fuel market
Use of sustainable aviation fuel estimated to reduce greenhouse gas emissions by up to 95 percent compared to existing jet fuel
Excelerate Energy Extends Time Charter Agreement with Dubai Supply Authority
THE WOODLANDS, Texas--(BUSINESS WIRE)-- Excelerate Energy, Inc. (the "Company" or "Excelerate") (NYSE: EE) announced today the extension of its Time Charter Agreement with Dubai Supply Authority ("DUSUP") for the FSRU Explorer. Prior to this agreement, the FSRU Explorer had a remaining firm charter period of approximately three years. Under the terms of the new agreement, the time charter period will be extended by an additional five years from the end of the existing contract in the fourth quarter of 2025.
ADNOC Announces Gas IPO
ADNOC, the Abu Dhabi state-owned energy company has announced its intention to float a stake in ADNOC Gas plc (“ADNOC Gas” or the “Company”), a world-class, large-scale integrated gas processing company, on the Abu Dhabi Securities Exchange (“ADX”) through an Initial Public Offering (“IPO”). ADNOC intends to offer approximately 4% of the total issued share capital of the Company.
Brunsbuttel FSRU Recieves First Cargo
The partnership between RWE and the Abu Dhabi National Oil Company (ADNOC) for the supply of Liquefied Natural Gas (LNG) is becoming visible with the arrival of the “Ish” as the first LNG cargo at the Brunsbuettel Elbehafen port. Here, the LNG will be regasified and fed into the German gas grid via the Floating Storage and Regasification Unit (FSRU) “Hoegh Gannet”, which was chartered by RWE on behalf of the German government. 137,000 cubic metres of LNG were shipped by ADNOC from Das Island, Abu Dhabi, to Brunsbuettel. This corresponds to more than 82 million cubic metres of regasified natural gas and to approximately 900 million kilowatt hours of energy. The LNG is to be fed into the grid from the end of February as part of the commissioning phase of the FSRU, which is currently underway.
DEWA and ENOC sign a Memorandum of Understanding to develop and operate a joint integrated pilot project for the use of hydrogen in mobility
The MoU was signed on the first day of the World Government Summit 2023. The signing ceremony was attended by officials from the Dubai Supreme Council of Energy, DEWA, and Enoc.
A Step Toward a Greener Future – Brooge Renewable Energy Ltd and Siemens Energy Announce Partnership at the 2023 World Government Summit to Pioneer Green Hydrogen and Ammonia Initiative in Abu Dhabi
Brooge Energy Ltd, a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced a partnership through the company’s subsidiary Brooge Renewable Energy (“BRE”) with Siemens Energy (“SE”), one of the world’s largest energy technology companies, to build a PV solar farm to supply BRE’s Green Hydrogen and Green Ammonia project in Abu Dhabi, United Arab Emirates at the World Government Summit 2023 taking place on February 13 – 15, 2023 in Madinat Jumeirah, Dubai, United Arab Emirates.
Masdar, ADNOC, bp, Tadweer and Etihad Airways explore production in the UAE of sustainable aviation fuel from municipal solid waste and renewable hydrogen
Partners to conduct a feasibility study for the region’s first project to produce sustainable aviation fuel using renewable hydrogen and municipal solid waste SAF will be crucial in helping to decarbonize the aviation industry worldwide Joint feasibility study announced at the Abu Dhabi Sustainability Week
TA’ZIZ and Proman Sign Shareholders’ Agreement to Develop UAE’s First Methanol Facility
bu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and PROMAN AG (Proman), one of the world’s leading producers of methanol, have signed a shareholders’ agreement to develop the United Arab Emirates’ (UAE) first world-scale methanol production facility at the TA’ZIZ Industrial Chemicals Zone in Al Ruwais Industrial City, Abu Dhabi.
