Browsing: Middle east

Mauritania, Egypt’s energy company Infinity, and Masdar of the United Arab Emirates inked a memorandum of agreement for a $34 billion green hydrogen project in the West African nation.

Entrepreneur Talmon Marco’s Israeli business, H2Pro, has a strategic partnership with Sumitomo of Japan. Until the end of the current decade, the arrangement is expected to be worth around $250 million.

Frans Timmermans, the executive vice president of the EU, and Kadri Simson, the commissioner for energy, have spoken with Saudi government representatives about expanding their partnership in the creation of clean hydrogen.

For the prospective development, financing, construction, operation, and maintenance of Oracle Energy’s Green Hydrogen Project in Thatta, Sindh Province, Pakistan, Oracle Power and China Electric Power and Technology (CET) have signed a strategic Memorandum of Understanding (MoU).

A draft Memorandum of Understanding (MoU) between the National Energy Administration of China and the Saudi Ministry of Energy in the area of clean hydrogen energy was authorized by the Shoura Council. This came after the council’s Energy and Industry Committee had presented a report on the subject.

The Middle East GCC region has chosen KBR’s ammonia technology for a massive one million tons per year low-carbon ammonia project.

Acwa Power, a Saudi Arabian energy business, intends to build up to three additional green hydrogen reactors on a par with its enormous Neom project.

The International Energy Agency (IEA) estimates attaining net-zero targets by 2050 will require 520 million tonnes of hydrogen. This requires lots of equipment and electrolysers.

Similar to its massive project in NEOM, the business intends for ACWA Power Saudi Arabia to construct up to three additional green hydrogen plants.

Masdar and the International Financial Corporation (IFC) have signed a contract to look into potential areas of cooperation to assist climate action for emerging countries.