United Global Ro-Ro, a joint venture between Noatum Maritime, part of the AD Ports Group’s Maritime & Shipping Cluster, and Erkport, has celebrated a significant milestone with the maiden voyage of its first LNG-powered Pure Car and Truck Carrier (PCTC) at Autoterminal Khalifa Port. The arrival of the vessel, named UGR Al Samha, marks the...
Mubadala Energy, the international energy division of Abu Dhabi’s Mubadala Investment Company, has announced its first major investment in the United States by acquiring a 24.1 percent stake in Kimmeridge’s SoTex HoldCo. This significant equity investment was confirmed through a joint statement released on Thursday and reflects Mubadala’s ambitious expansion strategy into the US market....
India has emerged as the top buyer of liquefied natural gas (LNG) from the United Arab Emirates (UAE), securing over half of the UAE’s LNG exports during the first nine months of 2024. According to a report from the Kuwaiti-based Arab Energy Organization (AEO), the remainder of the LNG was supplied to other Asian markets....
ADNOC has signed a long-term Sales and Purchase Agreement with Osaka Gas, a major Japanese utility company. This agreement, which covers the supply of up to 0.8 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from ADNOC’s Ruwais LNG project, will last for 15 years. It marks the first long-term LNG sales agreement...
ADNOC Gas has announced the awarding of three major contracts worth $2.1 billion (approximately AED 8 billion) to strengthen its liquefied natural gas (LNG) supply infrastructure. These contracts will establish key facilities to support the Ruwais LNG Project, which aims to double ADNOC Gas’ LNG production capacity. The contracts include a $1.24 billion deal for...