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Abu Dhabi’s ADNOC, AI firm G42 plan IPO of technology joint venture AIQ – EQ Mag

DUBAI  : Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi artificial intelligence company G42 are having early discussions about a possible flotation of their joint venture technology firm AIQ, two sources with knowledge of the matter told Reuters. AIQ, which is 60% owned by ADNOC and 40% by G42, uses artificial intelligence and machine […]

Torrent Power gets letter of award to supply 150 MW renewable energy -EQ

Eni, ADNOC ink pact to cooperate in renewables, hydrogen, carbon capture – EQ Mag

Companies to collaborate in reducing GHG, methane emissions They plan to hit net zero emissions by 2050 Eni is a major oil and gas producer in UAE Italy’s Eni and the UAE’s Abu Dhabi National Oil Co. have signed a memorandum of understanding to explore collaboration in the development of renewable energy, blue and green […]

Torrent Power gets letter of award to supply 150 MW renewable energy -EQ

Adnoc Secures Funding For Offshore HVDC Connection – EQ Mag Pro

The Japan Bank for International Cooperation (JBIC) has committed to providing $1.201bn project financing for Adnoc’s plans to connect its offshore operations to the onshore grid. In a 28 September announcement, JBIC said “the loan is co-financed with the Export-Import Bank of Korea, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, BNP Paribas Fortis, and Standard […]

Torrent Power gets letter of award to supply 150 MW renewable energy -EQ

Khaled bin Mohamed bin Zayed Witnesses Signing of Strategic New Energy Partnership between ADNOC, bp, and Masdar to Maximize Hydrogen Opportunities in the Energy Transition – EQ Mag Pro

ADNOC and bp move to design phase of low-carbon hydrogen H2Teesside project in the UK, ADNOC’s first UK investment, as well as feasibility study for a low-carbon hydrogen project in the UAE Masdar and bp to explore potential collaboration on HyGreen Teesside, bp’s green hydrogen project powered by offshore wind in the UK’s Teesside industrial […]

Torrent Power gets letter of award to supply 150 MW renewable energy -EQ

Petronas collaborates with UAE energy firms

PETROLIAM Nasional Bhd (Petronas) has inked two memoranda of understanding (MoUs) with United Arab Emirates (UAE)-based Abu Dhabi National Oil Co (ADNOC) and Masdar, or Abu Dhabi Future Energy Co, to pursue collaborations across the energy value chain. Petronas said the MoUs span the entire oil and gas (O&G) value chain where ADNOC offered Petronas […]

Construction of 5 solar parks underway across Iran -EQ

UAE has great potential for supplying hydrogen in future

The UAE is exploring the potential of new fuels such as hydrogen which could be a game-changer in the energy transition. Japan-UAE cooperation in the fields of hydrogen and ammonia can lead to the establishment of their international supply chains, a top Japanese said. “In fact, the UAE is endowed with not only oil and […]

Construction of 5 solar parks underway across Iran -EQ

Def & security, investments, energy likely to be discussed during S Arabia’s crown prince’s visit

Investments, defence and security including counter-terrorism and renewable energy are the key issues likely to come up for discussions during Saudi Arabia’s Crown Prince Mohammad Bin Salman’s visit to India next week, the Ministry of External Affairs (MEA) said on Thursday. Salman will arrive in India on February 19. Besides holding talks with Prime Minister […]

Indosol unveils solar module plant in Telangana – EQ