UAE and Japan ink agreement on green ammonia for export

Emirates National Oil Company Group (Enoc) and Japan’s IHI Corporation inked an MoU for green ammonia production and export in the UAE, according to a company statement on Thursday. This is the first time the Gulf country conducts a green ammonia feasibility study. The solar-powered project would produce renewable fuels at Enoc’s existing facilities. The companies are also looking into exporting the produced green ammonia to Japan and other Asian countries, as well as selling it locally to feed electricity or fuel ships.

ALSO- South Korea’s Doosan Enerbility was awarded a USD 1.2 mn contract to build a nuclear turbine island for Egypt’s Dabaa nuclear power plant, according to a company statement on Thursday. Korea Hydro and Nuclear Power had signed a contract in August to construct El Dabaa’s turbine island, and subcontracted the construction of the building to Doosan, the statement notes. Nuclear turbine islands house the units that convert thermal energy into electricity within nuclear plants.

Some 15 leading South Korean energy companies left the UAE with several renewable energy projects worth a combined USD 104 mn in the pipeline during the second edition of the Korea Energy Week UAE, Zawya reported on Friday. The countries are also looking to complete a comprehensive economic partnership agreement in the near future.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

• German chemical producer BASF inked an MoU with Egypt’s El Sewedy Industrial Development for a 470k sqm green logistics hub in Sokhna 360 industrial city, according to a company statement on Thursday.
• The Amman Stock Exchange signed an agreement with the International Finance Corporation (IFC) to upskill its employees on climate action disclosure practices, according to a company statement picked up by Zawya.
• Egyptian real estate firms Misr Italia, Tatweer Misr, GV Developments, Paragon Developments and Redcon Construction signed MoUs with Schneider Electric to utilize its EcoStruxure offering and make their operations more energy efficient, according to a company statement (pdf).