Fugro's innovative QuickVision® touchless technology helped install underwater piles with record speed and precision, saving Doha Petroleum Construction Company (DOPET) time and money on an offshore construction project in Qatar.
Energy transition takes center stage at EGYPES 2024, as global aspirations meet practical realities. Under the theme "Driving Energy Transition, Security, and Decarbonization," the event kicked off on Monday with a strategic conference tackling the complex challenge of balancing ambitious transition goals with growing energy demand and development needs for a rising global population.
On the third day of the Egypt Energy Show EGYPES 2024, the CLIMATECH Challenge convened, serving as a platform for visionaries, investors, and emerging startups within the global energy industry. The event provided an opportunity to showcase pivotal innovations and cutting-edge climate technologies aimed at reducing greenhouse gas emissions while creating value and offering innovative solutions.
Artificial Intelligence (AI), the concept that computerized systems can replace human thought processes and interactions, continues to gain traction in all areas of life including the legal profession and in particular in the field of dispute resolution.
Three of the top energy companies in the Philippines have partnered to create a large-scale integrated liquefied natural gas (LNG) facility. This partnership, valued at $3.3 billion, marks the first time that Aboitiz Power, a subsidiary of Manila Electric (Meralco), and San Miguel Corp. have collaborated on such a project.
ExxonMobil and Shell have partnered alongside the Singapore government to develop a carbon capture and storage (CCS) project. The project, which aims to reduce the country's carbon dioxide emissions, will be led by the Singapore-based units of ExxonMobil and Shell, known as S-Hub.
Italian oilfield services provider Saipem has surpassed its strategic plan targets, reporting a revenue of €11,874 million in its full-year 2023 results, a 19% increase compared to 2022.The company also reported adjusted EBITDA reaching €926 million, a 56% rise from 2022.
As the centre of gravity when it comes to breaking deals with energy majors, EGYPES 2024 witnessed the signing of many memoranda of understanding (MoUs) and agreements. These include:
For many years, natural gas has been heavily promoted as a useful bridge to renewable energy instead of coal. The idea is that natural gas can replace "dirtier" petroleum products like coal and, in certain situations, oil, as solar power plants and turbines for wind energy are constructed.
Many energy experts would agree that a key factor in realizing the accomplishment of sustainable development goals (SDGs) by using all means possible to enhance energy efficiency both in the energy industry and in other sectors of the global economy.
