Matteo Colombo

Our team took center stage at the World Hydrogen Summit & Exhibition 2024 in #Rotterdam this week! At the 2nd Ministerial-Executive Roundtable, hosted by the International Hydrogen Trade Forum and the Hydrogen Council, along with a high-level #UAE delegation, we engaged in conversations following up on commitments from #COP28UAE. Our CGHO, Mohammad El-Ramahi, emphasized the importance of broader participation and alignment of standards to enable cost-efficient cross-border hydrogen trade. He highlighted the need for infrastructure to support hydrogen trade corridors from the #MiddleEast, #Africa, and the Americas to #Europe and #Asia. Florian Merz, Associate Director of Business Development in #Europe, tackled the challenges of financing #GreenHydrogen projects in a session titled “Filling the GH2 Financing Gap”. Nizam Salem, Director of Projects Development and Execution in #GreenHydrogen, participated in the Renewable Hydrogen Production panel, highlighting the need to invest in infrastructure to advance the global #GreenHydrogen economy. Meanwhile, Andreas Bieringer, Director of #GreenHydrogen Business Development and Commercial, contributed to discussions on realizing offtake agreements, highlighting #Masdar’s flagship #GreenHydrogen projects and discussing the unique opportunity we have to build partnerships that will shape a brand new industry. These engagements underscore our ongoing commitment to pioneering energy solutions globally. #PioneeringEnergy #WorldHydrogen2024

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 📝READ: The success of satellite monitoring relies on strong partnerships. CI Portfolio company GHGSAT, in collaboration with OGCI (Oil and Gas Climate Initiative), completed the second phase of its ongoing methane satellite monitoring campaign, conducting over 530 high-resolution observations at #oilandgas sites in #Algeria, #Kazakhstan, and #Egypt. ✔️This effort mitigated up to 1 million tonnes of CO2e. Impressively, the cost was under $2 per tonne of CO2e. Read more about the result of its partnership with #OGCI here: https://lnkd.in/eCnafeeZ   ✔️Accurate methane emission detection is vital for national oil companies to meet reduction targets. A new report from the Center for Strategic and International Studies (CSIS) highlights GHGSat's partnership with OGCI as a model for effective #collaboration - https://lnkd.in/ecpYsmJA   🛰️GHGSat also now shares its #methaneemissions data for scientific research through NASA - National Aeronautics and Space Administration’s Commercial SmallSat Data Acquisition program as an approved supplier. This inclusion underscores the quality and importance of GHGSat’s work in climate research. Now part of a select group under NASA’s program, GHGSat's constellation of methane and #CO2 detecting satellites monitors emissions across various industries beyond oil and gas, indicating a broader environmental impact.

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The impact of AI & ML on other industries.

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Discover the goals of Energy Localization Forum and its role in achieving sustainability and driving economic growth in line with #SaudiVision2030. #EnergyLocalization24

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#CapitalProjects in the new energy landscape come with unique challenges, requiring a shift towards more user-centric frameworks. Embracing this approach will be key to unlocking #SustainableSuccess.

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In this video, we explore how Middle Eastern countries like Saudi Arabia, the UAE, and Qatar are transforming their economies beyond oil and gas. From ambitious projects like Saudi Arabia’s NEOM and Qatar’s National Vision 2030 to ADNOC Group's groundbreaking $16 billion acquisition of Covestro, the region is setting new global benchmarks. These nations are investing in tourism, technology, and the chemicals sector, positioning themselves for sustainable growth and innovation. Watch the full video to learn more about how these moves are shaping the future of the global economy! Stay tuned to Wantstats for deeper insights! 📊⚡ Youtube - www.youtube.com/@Wantstats Instagram - https://lnkd.in/dcfSd6uj #GreenEconomy #EnergyTransition #EconomicGrowth #GlobalInvestments #MiddleEastLeadership #TechInnovation #FutureOfEnergy #RenewableRevolution #SustainableDevelopment #GlobalBusiness #CircularEconomy #IndustrialTransformation #StrategicInvestments #CorporateExpansion #MegaProjects #FinancialGrowth #MiddleEastBusiness #NextGenIndustries #SmartCities #CulturalDiplomacy #InnovationEconomy #EconomicResilience #TourismBoom #GlobalMarkets #ChemicalIndustry #EngineeringPlastics

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Omani climate-tech startup 44.01 has successfully raised $37 million in a Series A funding round. The funding was led by Equinor Ventures and Shorooq Partners, with participation from other notable investors including Amazon’s Climate Pledge Fund, Bill Gates’ Breakthrough Energy Ventures, and Air Liquide Venture Capital (ALIAD). Named after the molecular mass of CO₂, 44.01 specializes in carbon sequestration technology that accelerates the natural process of mineralization. This process involves converting captured CO₂ into rock by injecting it into peridotite formations deep underground. The company's innovative approach significantly speeds up the natural mineralization process from decades to less than a year, offering a permanent and scalable solution for carbon dioxide removal. The newly raised funds will be used to further develop 44.01's technology, scale up commercial projects, and expand operations internationally. The company plans to double its headcount, focusing on engineering and research roles, over the next two years. One of the key advantages of 44.01's technology is its global applicability. Peridotite formations are essential for the mineralization process and are found on every continent. This makes the technology transferable and scalable worldwide. The company envisions mineralizing one billion tons of #CO₂ by 2040, contributing significantly to global efforts to combat climate change. Talal Hasan, Founder and CEO of 44.01, expressed gratitude to the investors for their support and emphasized the significant role of mineralization in climate protection. He highlighted the potential of their technology to make a substantial impact on reducing atmospheric CO₂ levels. #funding #carbonemission #carbonsequestration

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🎯 INSIGHTS: Saudi Arabia's Game-Changing Hydrogen City: A Step Toward a Clean Energy Future Saudi Arabia is making bold moves with the construction of Hydrogen City, aiming to produce 600 tons of hydrogen per day in the world’s most futuristic octagonal plant. Hydrogen is gaining momentum as a clean, carbon-free energy source, and this project could be a tipping point in the global shift toward sustainable energy. Hydrogen’s potential to replace fossil fuels is massive, with natural reserves that could fuel the future. This is more than just an investment—it's a vision for a greener, energy-secure world. 🌱 Subscribe to Bluxe Century magazine for more! 🌟 https://lnkd.in/dvwmjfDR 🌟 #CleanEnergy #HydrogenPower #Sustainability #Innovation #GreenFuture #BluxeCentury

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Historically, the #MiddleEast has been a major player in the global #crude #oil market, however, over the past two years the development of refining infrastructure in the region has become a widely discussed topic. In our latest Middle East Oil Alert, we analyse how the region is poised to play a crucial role in meeting global #refined #products #demand and how this is also going to influence product pricing. Given the rapid developments in product trading and pricing in the Middle East, it is imperative to understand the current #benchmarks used for pricing #ArabGulf #refinedproducts, as well as the terminologies and methodologies employed in assessing these prices. To learn more, please click here...https://lnkd.in/dGfc2nYg

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I was so glad to host Claude Mourey she is the Head of Wood Mackenzie’s Hydrogen and Low Carbon Fuels consulting practice for Europe; the Middle East and Africa; she is based in Dubai. the topic was was so interesting : The Green Hydrogen, Storage & Transportation Challenges. my first question was : 1.  we all know that The green hydrogen is a challenging solution to reduce carbon emissions, in the other hand it  still out of the card of the global energy mix as its cost of production still not competing strongly, are the actual regulations and subsidies helping to overcome this issue ? a valuable discussion in which we delved into the challenging points this business is facing, i enjoyed the discussion as we had the chance to explain it fromthe a technical and engineering sides . dont miss it. Claude Mourey RANADRILL CONSULTING Sean Killian Evers Tatiana Mitrova Suhail Diaz Valderrama Amal Abbes Soha Abd ElrahmanSamer Slim Thomas O'Donnell, PhD Hanan Mohsen Dr Carole Nakhle Reina Teelken Brian Pieri Nora Hegedus Cedigaz Djafar Yacini Jenny Kelly Gulmira Bissekenova Christina Georgaki Ela Banerjee Medilyn Singh @ the link of the full Podcast below: https://lnkd.in/d3ZbB-Ym

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The summer ☀️🌡️heat season is upon the #MiddleEast and power systems are strained, provision hours curtailed and #fuel feedstocks - #gas/#oil/liquids - burning up high and fast. MEES has the round up: 🔴 #Iraq 🇮🇶: peak load at unprecedented 48GW takes protestors to streets as #Iran's 🇮🇷 gas and #electricity imports yet again prove insufficient. 👉 https://lnkd.in/em-MFvkp 🔴 #Kuwait 🇰🇼: fuel oil burn is up, exports down and the emirate now relies on #LNG and electricity imports from #GCC partners to avoid blackouts. 👉 https://lnkd.in/egKJk9A4 🔴 #Egypt 🇪🇬: now more reliant than ever on #Israel's 🇮🇱 piped gas, outages at Israeli Mediterranean offshore fields are wreaking Egypt's gas availability. Cuts to continue as #Cairo tendered for expensive LNG. 👉 https://lnkd.in/eRXWm-h4 🟢 On the positive side, #SaudiArabia's 🇸🇦 system is coping well - even selling excess to Kuwait - as #Riyadh doubles down on renewables and grid-connected capacity exceeds 4GW. 👉 https://lnkd.in/e3CfN5DZ

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The UAE is forging ahead with its ambitious clean energy goals, undeterred by global challenges. Committed to achieving carbon neutrality by 2050, the UAE is leading the Middle East with its "Net Zero by 2050 Strategic Initiative." In a recent CNBC interview, UAE Minister of Energy Suhail Al Mazrouei acknowledged the global disparities in financial capabilities to undertake the energy transition. Despite these challenges, the UAE is setting ambitious interim goals, like increasing clean energy to 30% by 2031 and tripling renewable capacity to 14 GW by 2030. With three of the world's largest solar plants and the first nuclear power facility in the Middle East, the UAE is already a global success story. As the host of COP28, the world will be watching the UAE's progress in clean energy, showcasing its commitment to sustainability and setting a regional example. The time to act is now, and the UAE is poised to lead the global race to a sustainable future. 🌱🔋 Read more about the UAE's clean energy journey and its impact on the global stage: https://lnkd.in/gVK_297k #CleanEnergy #Sustainability #NetZero #UAE #ClimateChange #RenewableEnergy #COP28 #GreenFuture #Innovation #Leadership #whybesustainable #cleanenergy #sustainablefuture

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Saudi Arabia Launches the World's First Geographic Survey for Renewable Energy Projects #SaudiArabia has launched a groundbreaking #geographic survey project for #RenewableEnergy, awarding contracts to national companies to install 1,200 stations for monitoring #solar and #WindEnergy across the country. Prince Abdulaziz bin Salman, Minister of Energy, highlighted the importance of this project as follows: ▪️ The project will help identify the best locations for developing renewable energy projects in the Kingdom's regions based on the size of renewable energy resources and the priority of developing these projects. ▪️ It will provide accurate data that will help expedite the process of allocating and implementing renewable energy project lands. ▪️ The project confirms the Kingdom's commitment to achieving its ambitious targets in the production and export of renewable energy. ▪️ The project will help in achieving the optimal energy mix targets for #electricity production, where renewable energy sources will constitute about 50% of the energy mix by 2030. This also supports the Kingdom's approach to producing clean #hydrogen and achieving the goals of the Liquid Fuel Displacement Program by reducing reliance on liquid fuel for electricity generation. ▪️ The area being surveyed is nearly equivalent to the combined area of the United Kingdom and France. ▪️ The solar energy monitoring stations will use advanced ground-based measurement devices to determine and record various data: direct normal irradiance, global horizontal irradiance, diffuse horizontal irradiance, dust and pollutant deposition, ground albedo, ambient temperature, rainfall, relative humidity, and atmospheric pressure. ▪️ Wind energy measurement stations will be installed at various heights up to 120 meters to record wind speed and direction, ambient temperature, atmospheric pressure, and relative humidity. ▪️ The project includes the creation of a platform for monitoring, recording, and transferring measurement data around the clock, analyzing and processing it digitally using artificial intelligence to evaluate and rank the sites in terms of their suitability for renewable energy projects. ▪️ Accurate data makes the projects more profitable according to the requirements of local and international financing institutions, which will significantly contribute to the immediate allocation of land for renewable energy projects and accelerate the implementation process after coordination with relevant authorities. ▪️ The project will leverage the strategic geographic location of the Kingdom to export electricity generated from renewable sources. The #Kingdom will launch projects to produce electricity from renewable energy with a capacity of 20 GW annually, starting this year, 2024, to reach between 100 and 130 GW by 2030, depending on the growth in electricity demand. Ministry of Energy #cleanenergy #greenenergy #sustainabledevelopment #energy #solar

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We're pleased to welcome Hi-Tech Elastomers Ltd as confirmed Exhibitor for MOQ 2024. Register as visitor now: https://lnkd.in/d9inPYXC Book your space today: www.moqdoha.com The Marine & Offshore Qatar (MOQ) - International Conference & Expo 2024 is a significant event that will contribute to discussions on decarbonization and technological advancements in the Marine, Offshore, and Oil & Gas sectors. The event focuses on fostering partnerships and collaboration between different sectors of the industry. This event will explore key developments in the oil and gas sector, both within Qatar and globally. The event will also focus on the industry's commitment to sustainability and addressing environmental concerns. The emphasis on decarbonization underscores the industry's commitment to sustainability, aligning with global efforts to reduce carbon emissions and promote eco-friendly practices. Organized by: Innovative Concepts More details: https://lnkd.in/dey7J9jS #moq #moq2024 #marine #offshore #event #expo #exhibition #conference #Exploration #Production #oilandgas #DrillingContractors #LowCarbonTechnologies #Decarbonisation #Automation #Digitalisation #Environment #Sustainability #EPC #DesignEngineering #Equipmentmanufacturers #Shipyards #ShipDesign #NavalArchitects #ClassificationSocieties #Shipyards #PortAuthorities #Terminals #RegulatoryBodies #Associations #marinesafety

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Masdar (Abu Dhabi Future Energy Company) has signed agreements with Norwegian companies to explore clean energy opportunities, with a focus on green hydrogen. The agreements include a strategic framework with Equinor to enhance collaboration on existing and new projects, as well as strengthening the supply chain. Masdar also signed a deal with ICP Infrastructure to explore partnerships in green energy infrastructure, particularly in Europe and the Nordics. Additionally, Masdar partnered with Aker Horizons to target the decarbonization in hard-to-abate sectors through the 'Power-to-Green Hydrogen' value chain. The company also joined forces with Yara to explore green hydrogen and ammonia production. Masdar’s CEO, Mohamed Jameel Al Ramahi, highlighted the strong bilateral relationship between the UAE and Norway. Masdar aims to achieve a renewable energy capacity of 100 GW and produce 1 million tonnes of green hydrogen annually by 2030, aligning with UAE's goals for global renewable energy expansion. Check more here- https://lnkd.in/gPyUnCuF #progresstoexcellence #saoperations #industryupdates #greenhydrogen #collaboration #uae #norway #Masdar #equinor #ICPinfrastructure #Yara #Akerhorizons #cleanenergy #europe #nordics

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#UAE champions #climate action committees in parliaments for #sustainable policy-making, #SaudiArabia successfully tests the region's first #hydrogen train, #Middle Eastern executives prioritize #climate change as their top concern, #African power firms aim for a 278% increase in #clean energy generation despite challenges, nearly two-thirds of Europe’s water bodies remain polluted. #Canada to mandate #climate disclosures from large private companies to foster sustainable investments, #Colombian firm DAABON claims its palm oil is the world’s first #carbon neutral, and Ninety One introduces a Sovereign #Biodiversity Index to assess government impacts on biodiversity. This is your weekly #sustainability update! LinkedIn Posterity Institute World Economic Forum World Governments Summit

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