Middle East
ADNOC and RIL Partner on Ruwais Petrochemical Facility
Abu Dhabi National Oil Company (ADNOC) recently announced that through its investment platform with ADQ named TA’ZIZ, it has signed an agreement with Reliance Industries Limited of India for a new world-scale chlor-alkali, ethylene dichloride and polyvinyl chloride (PVC) production facility at the TA’ZIZ Industrial Zone in Ruwais, Abu Dhabi. Reliance has stated that this facility will require an investment of $2 billion USD.
QatarEnergy announces long-term LNG supply agreement with China’s S&T International
QatarEnergy announced today that its LNG producing affiliate, Qatar Liquified Gas Company Limited (2), entered into a long-term Sale and Purchase Agreement (SPA) with S&T International Natural Gas Trading Company Limited (S&T) for the supply of one million tons per annum of LNG to China over a 15-year period starting in late 2022.
Borouge 4 plant adds Maire Tecnimont and Technip Energies for EPC duties
The upcoming Borouge 4 project in Ruwais has signed separate engineering, procurement and construction (EPC) contracts with Maire Tecnimont of Italy and Technip Energies of France in early December 2021. The $6.2 billion dollar Borouge 4 expansion phase at the Ruwais polyolefins complex in Ruwais, UAE is currently due to be completed by 2025.
QatarEnergy announces long-term LNG supply agreement with China’s Guangdong Energy Group
QatarEnergy announced today that its LNG producing affiliate, Ras Laffan Liquefied Natural Gas Company Limited, entered into a long-term Sale and Purchase Agreement (SPA) with Guangdong Energy Group Natural Gas Co., Ltd. (GEG) for the supply of one million tons per annum of LNG to China over a 10-year period starting in 2024.
ENGIE and Masdar form US$5 billion strategic alliance to drive UAE’s green hydrogen economy
ENGIE and Masdar, one of the world’s fastest-growing renewable energy companies, announced that they have signed a strategic alliance agreement to explore the co-development of a UAE-based green hydrogen hub. The two companies are looking to develop projects with a capacity of at least 2 GW by 2030, with a total investment in the region of US$5 billion.
GEI Hydrogen Project Playbook – Issue 4
The GEI Data Research Team looks at the new hydrogen projects added to our database and the progress made on existing developments.
UAE, Jordan and Israel collaborate to mitigate climate change with sustainability project
The governments of Jordan, Israel and the United Arab Emirates on 22 November 2021 signed a landmark declaration of intent to build renewable electricity and water desalination capacity and address the threat posed by climate change on energy and water security in the region.
ADNOC and Borealis Partner for $6.2 Billion Borouge 4 Project
Borealis recently announced that it has signed a strategic partnership with the Abu Dhabi National Oil Company (ADNOC) to build what would be the fourth Borouge facility at the Ruwais polyolefin complex.
QatarEnergy places LNG ship orders with Korean shipyards for its expansion projects
QatarEnergy placed the first batch of LNG shipbuilding orders with Korean shipyards consisting of four vessels from Daewoo Shipbuilding & Marine Engineering (DSME) and two vessels from Samsung Heavy Industries (SHI), as part of QatarEnergy’s historic shipbuilding program to meet its future LNG carrier requirements.
GEI Hydrogen Project Playbook – Issue 3
The GEI Data Research Team looks at the new hydrogen projects added to our database and the progress made on existing developments. Issue 2 of the Hydrogen Project Playbook looks at October. Fifty-seven new projects were added to our database in the month of October across, green, blue, turquoise and transportation hydrogen. These projects are either under construction, planned or proposed.
230,000 bpd Refinery in Oman to Start Up in Early 2023
The often-delayed Duqm refinery in southern Oman is now anticipated to begin its operations in the first quarter of 2023, according to the project operator. The 230,000 barrel per day refinery is a 50/50 joint venture between the state owned OQ and Kuwait Petroleum International, known collectively as the Duqm Refinery and Petrochemical Industries Company.
QatarEnergy and H2Korea sign hydrogen energy cooperation agreement
QatarEnergy and Korea’s Hydrogen Convergence Alliance (H2Korea) signed an agreement for cooperation in the field of hydrogen energy. The agreement provides a framework of cooperation in the development of the hydrogen sector in both countries, encouraging growth of the hydrogen industry and expansion of the hydrogen supply chain, in addition to supporting efforts within multilateral fora to accelerate cooperation for hydrogen related technologies worldwide.
Enapter Claim Earthshot Prize
The Earthshot Prize award ceremony took place on the 17 October 2021 at London’s Alexandra Palace.
Worley Awarded Services Contract for Ras Tanuras Residue Upgrade
Worley of Australia has been awarded a services contract for a residue upgrade project by Saudi Aramco on October 12, 2021. This residue upgrade project will be placed on the large Ras Tanuras refinery complex grounds.
ADNOC Scraps Plans for 400,000 bpd Ruwais Refinery
ADNOC of Abu Dhabi stated this week that it will cease its current plans for a new 400,000 barrels per day refinery in Ruwais, Abu Dhabi. Changes in the economy for the project were cited as the likely reason for this decision.
GEI Hydrogen Project Playbook – Issue 2
The GEI Data Research Team looks at the new hydrogen projects added to our database and the progress made on existing developments. Issue 2 of the Hydrogen Project Playbook looks at September.
Qatar Petroleum commences LNG ship orders for the North Field expansion projects
Qatar Petroleum announced today that it has ordered four new LNG carriers from Hudong-Zhonghua Shipbuilding Group Co. Ltd. (Hudong), a wholly owned subsidiary of China State Shipbuilding Corporation Limited (CSSC).
Qatar Deals with China Again
Qatar Petroleum has entered into a long-term Sales and Purchase Agreement (SPA) with a subsidiary of CNOOC.
KNPC’s Clean Fuels Project Begins Operations
Kuwait National Petroleum Co (KNPC) has successfully begun full operations at its ambitious Clean Fuels Project (CFP) in Kuwait. This project was developed over a six-year period at a cost of nearly $16 billion dollars.
Will Hydrogen Take Off in the Aviation Sector?
As the world recovers from the Covid-19 pandemic, business and leisure air travel will become a viable option again, the need to move people across the globe will return and the aviation industry plays a key role in this.
GEI Hydrogen Project Playbook – Issue 1
The GEI Data Research Team looks at the new hydrogen projects added to our database. Forty-one new projects were added to our database in the last four weeks across green, turquoise, blue and transportation hydrogen all are currently planned or proposed.
LNG Projects Aim to Shrug Off Challenging Year
Progress has been slow on both the liquefaction and regasification sides over the past 12 months, but numerous new developments are planned.
Qatar Petroleum awards North Field Expansion liquid products storage & loading EPC contract
Qatar Petroleum announced the awarding of a major engineering, procurement, and construction (EPC) contract for its North Field Expansion Project to Técnicas Reunidas S.A., a Madrid based contractor that provides EPC services to the energy industry.
China Steps Further into Iraq with New Refinery Agreement
The Iraq Ministry of Oil recently announced that China had agreed on a plan for the funding, construction, and operation of a new refining and petrochemical complex in Southern Iraq.
HYPORT Duqm signs cooperation agreement with Uniper to explore green ammonia offtake
Oman’s strategic green hydrogen project HYPORT Duqm has signed a cooperation agreement with energy giant Uniper. Under the cooperation, Uniper will be joining the project team to provide engineering services and negotiate an exclusive offtake agreement of green ammonia.
The World in Review
BP’s annual Statistical Review of World Energy was launched virtually by Chief Economist Spencer Dale on 8 July.
Qatar Petroleum and Korea Gas Corporation (KOGAS) signs a 20-year SPA to supply 2 Million tons of LNG Annually
Qatar Petroleum entered into a new, 20-year Sale and Purchase Agreement (SPA) with Korea Gas Corporation (KOGAS) for the supply of 2 million tons per annum (MTPA) of LNG to the Republic of Korea.
Qatar Petroleum signs a 15-year SPA to supply 1.25 MTPA of LNG to CPC Corporation, Taiwan
Qatar Petroleum today entered into a 15-year LNG Sale and Purchase Agreement (SPA) with CPC Corporation, Taiwan (CPC) for the supply of 1.25 million tons per annum (MTPA) of LNG.
Qatar Petroleum signs SPA to supply China with 1 MTPA of LNG for ten years
Qatar Petroleum today entered into a long-term Sale and Purchase Agreement (SPA) with Shell for the supply of 1 million tons per annum (MTPA) of LNG to the People's Republic of China for ten years. LNG deliveries will commence in January 2022 to various LNG terminals in China.
Reliance and ADNOC Team Up for Ruwais Petrochemical Complex
Reliance Industries of India and Abu Dhabi National Oil Co (ADNOC) have signed an agreement for a significant new petrochemical project to be set in Ruwais, as jointly announced by both companies.
