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29th Annual Annual Middle East Petroleum & Gas Conference to take place on January 2022

The Kingdom of Bahrain to host 29th Annual Middle East Petroleum & Gas Conference, the longest running annual oil and gas conference in the Middle East.

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MPGC 2022

The Conference Connection Group on Monday (16 August) announced the 29th Annual MPGC 2022 will be held Live and In-Person, on January 24-25 in the Kingdom of Bahrain; Singapore bunkering publication Manifold Times is a media partner of the event:

  • Opening Address by His Excellency Shaikh Mohamed Bin Khalifa Al-Khalifa, Minister of Oil.
  • Opening Remarks By Co-Chairs Dr. Dawood Nassif, Chairman & Chief Executive of Bapco, and Dr. Fereidun Fesharaki, Chairman of FGE.
  • Sessions line up comprising Ministerial & Keynote Addresses, MPGC 2022 Crystal Ball, Trading Keynotes, All-Star Analysts, Transformation in the Middle East Trading Markets, Refining Landscape, LNG Trading Outlook, and Low Carbon for Crude Oil and Gas

The Kingdom of Bahrain is all set to host the 29th Annual Middle East Petroleum & Gas Conference (MPGC), the longest running annual oil and gas conference in the Middle East. MPGC will be held on January 24-25, 2022, under the Patronage of H.E. Shaikh Mohamed Bin Khalifa Al-Khalifa, Minister of Oil for the Kingdom of Bahrain, co-hosted by The Bahrain Petroleum Company (Bapco), National Oil and Gas Authority (NOGA) and nogaholding.

With the change of its annual timing due to the pandemic, MPGC 2022 will return to its original first quarter scheduling and its place in the global oil industry’s annual calendar. After a successful virtual edition for the 28th Annual event in 2020, the MPGC community will be able to meet in person once again in 2022, for discussions, debate and networking at the highest level.

Commenting on Bapco’s role as host of the event, Dr. Dawood Nassif said, “Bapco, NOGA and nogaholding are very pleased to be able to host and sponsor MPGC once again on the occasion of its 29th Anniversary. The oil and gas sector is still the main contributor to the national economy of the Gulf region and this conference will discuss new opportunities, challenges and the transformation in this vital sector. We are committed to the Kingdom’s Economic Vision for 2030 and beyond and MPGC 2022 will serve as the perfect platform for promoting our vision to provide the major investments in the country. Our support of this key event reinforces our commitment to further develop the Middle East oil and gas industry”.

Dr. Fereidun Fesharaki, Chairman of FGE, a leading oil industry consultancy on the Middle East and Asia said, “MPGC 2022 brings to the industry a mix of insightful comments about the Global Oil and Gas Markets together with key issues impacting the Middle East industry from geopolitics to crude oil production, refining and petrochemicals to the way moving to a carbon neutral world impacts the region. Yet again MPGC 2022 reiterates the commitment of the organisers to deliver the highest quality of content at the conference”.

MPGC 2022 will convene under the theme “Diverse Perspectives: Transitioning Towards a Carbon Constrained World”. It will do a deep dive into the on-going uncertainty, as the global oil and gas markets deal with a transformed business landscape driven by the pandemic and the growing momentum of energy transition, whilst coping with the on-going oil market disruption due to COVID-19, the OPEC+ response to a return of Iranian supplies and a rebound in US growth. Forecasts of peak oil and demand growth in the 2030’s, the entry of new refining capacity in the Middle East and the emerging petrochemical dynamics, will be addressed as well as the prospects for the oil and gas ecosystem shifting to a lower carbon future against a backdrop of a shortage of LNG supplies in the 2022-25 window, together with new developments in the Gulf LNG markets.

Supporting the coverage in the agenda and panel of speakers as session chairs, will be members of the MPGC International Advisory Committee who will also chair sessions at the conference including, Dr. Jeff Brown, President of FGE Group, Mr. Hafedh Al Qassab, BMP Project Director & Acting Deputy Chief Executive of Bapco, Mr. Khalid Buhazza, General Manager Marketing of Bapco, Mr. John Roper, CEO Middle East of Uniper Global Commodities, Mr. Dave Ernsberger, Global Head of Content & Market Insights of S&P Global Platts, and Dr. Iman Nasseri, Managing Director, Middle East of FGE Dubai.

A spokesperson from the organisers, Conference Connection said, “The MPGC community can once again look forward to meeting their counterparts and peers from January 24-25, 2022 and benefit from the latest industry updates and insights at the 29th annual conference. Part of MPGC Week 2022, pre- and post-briefings and courses will also be held on strategic and technical topics. The week’s events will continue to deliver cutting-edge content from the leading oil, gas and energy players across the globe”.

FOR ENQUIRIES:

TEL: (65) 6338 0064
EMAIL: [email protected]
URL: www.mpgc.cc

 

Published: 17 August, 2021

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Alternative Fuels

Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) and South Korean shipbuilder Hanwha Ocean on Wednesday (2 September) signed a shipbuilding contract for six 13,000 TEU class LNG dual-fuel container vessels. 

The contract was signed by Dr. Chuck Tsai, Chairman of Yang Ming, and Mr. Charles Kim, CEO of Hanwha Ocean. The vessels are scheduled for delivery between 2028 and 2029. 

They will complement Yang Ming’s existing fleet of 10,000+ TEU vessels and serve as key vessels on East-West services, with deployment flexibility across trade lanes connecting Asia with the East and West Coasts of North America, South America, and the Mediterranean. 

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

“As Yang Ming transitions toward net-zero emissions, LNG provides a relatively mature and economically viable alternative fuel solution, capable of reducing greenhouse gas emissions by approximately 20%,” the company said. 

“At the same time, ammonia can serve as a carbon-free fuel by utilising converted LNG storage facilities, while offering relatively lower conversion costs and comparatively well-developed supply chains and infrastructure. The Ammonia Fuel Ready design will therefore provide Yang Ming with greater flexibility in responding to increasingly stringent international regulations on greenhouse gas emissions.”

In addition, the vessels will be equipped with Type B LNG fuel tanks with a design pressure of 1.0 bar to enhance the safety and efficiency of LNG operations, together with a range of energy-saving technologies, including Wind Shields, Rudder Bulbs, Pre-Swirl Stators, and Shore Power Systems. Smart ship technologies and cybersecurity protection features will also be incorporated to enhance operational efficiency, safety, and reliability while effectively reducing fuel consumption and greenhouse gas emissions.

Deliveries under Yang Ming’s next-generation fleet optimization plan commenced earlier this year. By 2030, a total of 24 new vessels are expected to enter service. 

This includes 18 LNG dual-fuel vessels—comprising five 15,500 TEU, seven 16,000 TEU, and the six 13,000 TEU vessels under this contract—alongside six 8,000 TEU methanol dual-fuel-ready ships. 

 

Photo credit: Yang Ming Marine Transport
Published: 4 September, 2026

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Alternative Fuels

LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Both secured AiP for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Lloyd’s Register (LR) and the Marine Design and Research Institute of China (MARIC) on Thursday (3 September) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Announced at SMM 2026, the concept addresses one of the biggest investment challenges facing shipping today: the need to develop vessels and capabilities that can support a range of alternative fuel options and pathways as technologies, infrastructure and regulations evolve.

While LNG is already a mature fuel pathway, methanol and ammonia remain at an earlier stage of development, with questions around global fuel availability, infrastructure development, economics and long-term adoption.

The 114,000 DWT tanker concept has been designed as a product and crude oil carrier that can accommodate future conversion to LNG, methanol or ammonia as technologies, regulations and fuel supply chains mature. By incorporating conversion readiness at the design stage, the concept aims to reduce future retrofit complexity and provide owners with greater confidence when planning long-term fleet investments.

The design concept was reviewed against LR’s July 2026 class rules and regulations, including requirements relating to ships using gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules for oil tankers. Final classification and statutory approval remain subject to full compliance with all applicable rules and regulations.

Theo Kourmpelis, Global Business Director for Tankers, Lloyd’s Register, said: “Shipowners are being asked to make major investment decisions today despite continued uncertainty around which fuels will dominate in the decades ahead. Alternative fuel solutions each offer potential pathways to compliance, but fuel infrastructure, regulation and economics continue to evolve at different speeds around the world.

“Designs that preserve flexibility will be critical in helping owners manage risk while preparing for multiple future scenarios.”

Si Nan, Marine & Offshore Marketing Department Vice Director, MARIC, said: “As the industry explores different decarbonisation pathways, shipowners need vessel designs that can adapt alongside technological and regulatory developments. This concept was developed specifically to provide greater fuel flexibility and long-term resilience, allowing owners to respond to changing market requirements without being locked into a single fuel strategy.

“Receiving Approval in Principle from Lloyd’s Register is an important milestone that validates the design concept and supports its future development.”

 

Photo credit: Lloyd’s Register
Published: 4 September, 2026

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Alternative Fuels

DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

LNG-fuelled vessels accounted for the vast majority of August activity while the strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year.

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform alternative-fuelled vessel ordering was strong in August, with 52 new vessels added to the platform.

This is the highest monthly total since October 2024 and follows another active month in July, when 47 vessels were added to the database.

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we’ve seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and increasing demand from cargo owners to reduce emissions across supply chains. 

“For many owners, LNG offers a combination of emissions reductions, fuel availability and future flexibility while the longer-term fuel landscape continues to evolve. 

“At the same time, the latest figures include orders for ethanol- and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonization pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

Screenshot 2026 09 04 at 12.29.26 PM Screenshot 2026 09 04 at 12.29.36 PM

 

Photo credit: DNV
Published: 4 September, 2026

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