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Good morning, ladies and gentlemen. Once again, we’re looking at a busy morning for climate in our neck of the woods, with carbon capture emerging as a big theme of the day. THE BIG CLIMATE STORIES- Adnoc Gas has awarded a USD 615 mn engineering, procurement, and construction contract to Petrofac Emirates to build carbon […]
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Posted inCARBON CAPTURE
Adnoc Gas awards contract for major CCUS project
Adnoc Gas awards USD 615 mn contract for major carbon capture project: AdnocGas, Adnoc’s integrated gas processing company, has awarded a USD 615 mn engineering, procurement, and construction (EPC) contract to Petrofac Emirates to build carbon capture infrastructure at the Habshan gas processing plant in Abu Dhabi, the company said in a press release. Petrofac […]
Posted inCARBON CAPTURE
Adnoc partners up with Fertiglobe for pilot deployment of world’s first cost-effective modular carbon capture unit
Another ambitious carbon capture venture by Adnoc: Abu Dhabi state oil giant Adnoc announced a strategic partnership with MENA fertilizers firm Fertiglobe — a joint venture between Adnoc and OCI Global — for the pilot deployment of the world’s first cost-effective modular carbon capture unit by UK-based Carbon Clean, Fertiglobe said in a statement (pdf) […]
Posted inGREEN HYDROGEN
Poland’s Green Capital Group eyes 8 GW green hydrogen project in Morocco
Another day, another green hydrogen project: Polish clean energy company GreenCapital Group plans to set up an 8 GW green hydrogen project in southern Morocco’s Dakla in the next five years, Houssam Abou Otmane, the director of the company’s Moroccan subsidiary Houssam Abou Otmane told Moroccan outlet Le360. Already getting things set: Green Capital Group […]
Posted inUncategorized
Posted inSOLAR
Kuwait plans to kick off tendering process for 4 GW Shagaya solar plant
Kuwait is set to issue a Request for Qualification (RFQ) for a planned USD 3.9 bn 4 GW solar power project in its Shagaya region by year-end, Zawya quotes an Electricity, Water, and Renewable Energy Ministry official as saying. The government plans to roll out the RFQs for the four phases of the project in […]
Posted inRENEWABLES
A Masdar + W Solar JV signed its first renewables in Tajikistan
Masdar + Alpha Dhabi sign first agreement to explore green energy projects in Tajikistan: A JV between Masdar and Alpha Dhabi’s W Solar Investment — called MW Energy — has signed an MoU with Tajikistan’s Energy and Water Ministry to explore developing at least 500 MW of green energy projects, according to a Masdar statement. […]
Posted inM&A WATCH
OIH finalizes sale of Brazil subsidiaries to finance renewables projects
Egypt’s Orascom Investment Holding (OIH) has finalized the sale of its subsidiaries in Brazil for some USD 18 mn, the company said in a statement (pdf) on Monday. The money is partially going towards green projects: The proceeds from the sale will be directed towards renewable energy projects, in addition to the company’s new investments […]
Posted inM&A WATCH
Arcapita exits Waste Harmonics
Bahrain’s Arcapita sells Waste Harmonics to TPG-backed firm Keter Environmental Services: Bahrain-based alternative asset manager and private equity firm Arcapita Group has exited Waste Harmonics, a US-based tech-enhanced waste management firm, after a three-and-a-half year ownership period, Arcapita said in a statement on Monday. The statement did not disclose the value of the transaction. The […]