Transition Energy

MHI and NYK Line to Corroborate in Development of Large LCO2 Carrier

Tokyo, November 9, 2021 – Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabushiki Kaisha (NYK Line) have agreed to jointly develop a large-scale liquefied CO2 (LCO2) carrier. To facilitate the development of technologies for transporting CO2 using large vessels, this project will combine Mitsubishi Shipbuilding’s advanced gas handling technologies accumulated through […]

Oilfield Africa - Thursday November 11, 2021
Gabon and Italy to partner in hydro power generation to boost electricity

Gabon wants to draw inspiration from the models of hydroelectric infrastructure set up in Legnano, a town in Milan, Italy and plan to improve its electricity supply. For this, a Gabonese delegation accompanied by teachers from the Polytechnic School who collaborated with the architect and engineer on the hydraulic design of the hydroelectric plant  “made in […]

Oilfield Africa - Thursday November 11, 2021
Hyphen and Namibia sign agreement for production of 300,000 tons of green hydrogen per year

The Namibian government has announced Hyphen Hydrogen Energy as the preferred bidder to develop the country’s first large-scale green hydrogen production project. The company will invest up to $9.4 billion over the next nine years. Namibia will be home to one of the largest green hydrogen projects on the African continent. In a competitive bidding […]

Oilfield Africa - Thursday November 11, 2021
Togo sets emissions target at 30% by 2030 needs $2.6 billion

Togo has specific expectations for the 26th United Nations Conference of Parties on Climate Change (COP26), which opened on October 31st, 2021 in Glasgow, Scotland. The West African country needs $2.6 billion to reduce its greenhouse gas (GHG) emissions by 30.06% by 2030. Like many African countries, Togo has aligned its development priorities with its […]

Oilfield Africa - Monday November 8, 2021
Energy Transition: South Africa gets $8.5 billion loan support

Coming up from the just concluded climate summit held in Scotland, is the pledges from development partners to support the energy transition already underway in South Africa. This funding, amounting to 8.5 billion dollars, will enable the country to turn its back on coal, on which this southern African country relies heavily for the production […]

Oilfield Africa - Monday November 8, 2021
China releases action plan to reduce carbon dioxide emissions before 2030

China, the world’s largest greenhouse gas producer, has released an ambitious action plan to peak carbon dioxide emissions before 2030, according to which the share of non-fossil energy consumption will be about 25 per cent and carbon dioxide emissions per unit of GDP will drop by more than 65 per cent compared to 2005 levels. […]

Oilfield Africa - Thursday November 4, 2021
QatarEnergy and Shell partners in UK hydrogen project

QatarEnergy, formerly Qatar Petroleum and Shell have agreed to pursue joint investments in blue and green hydrogen projects in the UK to help decarbonise industrial clusters and transport sectors, with a focus on the London metropolitan area. This is the first agreement on hydrogen between both companies. The deal was signed on the sidelines of […]

Oilfield Africa - Thursday November 4, 2021
Transition Energy: Qatar Petroleum rebrands to Qatar Energy

Qatar Petroleum is changing its name to Qatar Energy to signal a new strategy that focuses on energy efficiency and environmentally-friendly technology such as capturing and storing carbon dioxide, its chief executive has said. “It’s more of a reflection of what we’re actually doing that wasn’t reflected by the name that we had,” CEO Saad […]

Oilfield Africa - Thursday November 4, 2021
ExxonMobil and Pertamina increase commitment towards carbon capture and storage in Indonesia

ExxonMobil and Pertamina, the state-owned energy company for Indonesia, today signed a Memorandum of Understanding (MoU) to evaluate the potential for large-scale deployment of low-carbon technologies in Indonesia. The MoU was signed near Glasgow, Scotland, where world leaders have gathered to discuss climate policies during COP 26. The companies have agreed to assess the potential […]

Oilfield Africa - Thursday November 4, 2021
Eni acquires 10% interest in Equinor’s Dogger Bank C wind project in UK

Equinor has entered into an agreement with Eni to sell a 10% interest in the Dogger Bank Wind Farm C project in the UK. Equinor continues to capture value from the world class offshore wind asset obtaining an equity consideration of around GBP 70 million. Eni has also entered into an agreement to purchase a […]

Oilfield Africa - Thursday November 4, 2021