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Welcome to Gulf Energy World Welcome to Gulf Energy World Gulf Energy Integrated Services is a wholly owned Saudi Company located in Khobar, Eastern Province, Kingdom of Saudi Arabia The company is providing diversified products, services, research and development and professional consultation in Oil Gas sector, upstream and downstream, power, water, petrochemicals and
Energy Transition in the Gulf: Best Practices and Limitations And Saudi Arabia’s Port of NEOM and Jeddah Islamic Port are challenging the UAE’s dominance as an air and sea transportation hub In sum, the energy transition appears set to intensify the competitiveness already in full swing among Gulf countries in other areas of economic diversification
The Arab Gulf Helps Fuel the Global Economy. What It Means . . . Together, the Arab Gulf states — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE) — have become a global power Led by Saudi Arabia and the UAE, and to some extent Qatar, they have a major influence on the world’s energy, financial, political, and, consequently, environmental affairs
Gulf Energy Transition: Assessing Saudi and Emirati Goals Another energy transition is happening in the UAE, which hosted last year’s UN Climate Change Conference (COP28) In the Gulf Cooperation Council (GCC) countries—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE—renewable energy deployment has been “ concentrated ” in the power sector
Measure, verify, certify: How to future-proof Gulf companies . . . Source: 2023 Market Statistics – May, The International REC Standard There are nuances in the operation of I-RECs in the Gulf In Dubai, the region’s I-REC pioneer, and Oman, the certificates are issued for energy generated by solar and wind plants, with a fee charged by the issuer for doing so
The Gulf goes green, balancing oil legacy with ambitious . . . One element of the Saudi government’s commitment to Vision 2030 is the Neom project, a futuristic city housing a green hydrogen plant to produce clean energy The plant is a key component of Saudi Arabia’s long-term vision of becoming a leader in green hydrogen production as well as its push towards carbon neutrality
The Energy Transition in the Arab Gulf: From Vision to Reality ers, Saudi Arabia and the UAE should take the following steps: • Promote greater transparency in government agen-cies: Saudi Arabia and the UAE should ensure that the governmental organizations that are leading each coun-try’s respective energy transition increase their levels of financial transparency
The Gulf’s Evolving Energy Landscape: Saudi Arabia’s Energy . . . This presents the need for an enhanced, more detailed action plan for Saudi Arabia’s net-zero emissions target by 2060 However, the Kingdom currently lacks a set of consistent strategies, policies, and measures for the upcoming energy transition, coupled with the absence of a dedicated institutional mechanism for coordination and implementation
ENGIE Accelerates the Gulf’s Transition to a Carbon-Neutral . . . In Saudi Arabia, we have signed an MOU with the Energy Services Company, a PIF subsidiary, to explore the feasibility of producing e-methane for export It will take time to develop because these types of projects require a great deal of renewable power to operate
The Gulf’s energy transition aims to add, not subtract With a firm belief that the world requires more energy from all sources, Saudi Arabia, like other Gulf governments, views the energy transition as an energy addition exercise By diversifying its domestic energy mix, the kingdom will be able to free up approximately 1 million barrels per day (bpd) of oil which can be exported