Israel

Energean has taken a Final Investment Decision (FID) on the $1.2bn Katlan development project in Israel.

The industrial gas industry – and world at large – are watching with increased concern as tensions escalate across the Middle East.

Geographically and strategically central, here we profile the outlook for the energy-rich MENA region, which is something of a litmus test for the pace of the wider global energy transition.

International hydrocarbon company Energean recorded an after-tax profit of $17.3m last year, a major improvement on the $96.2m loss in 2021.    

Helios, an Israeli company, claims it has hit upon a technology that will dramatically slash greenhouse gases produced during the steel-making process.

Cryoablation technology manufacturer IceCure Medical has received a Notice of Allowance from the US Patent and Trademark Office for its cryogen pump.

Israeli shipping service ZIM has exercised its option to enter a long-term charter with containership management company Seaspan for an additional five 7,000 twenty-foot equivalent (TEU) liquefied natural gas (LNG) dual-fuel container vessels.

Habonim is still fully operational amid the ongoing coronavirus pandemic, its CEO Eliad Katz said.

GenCell Energy, an Israel-based fuel cell power solution provider, has announced a strategic partnership with global production company, Flex.

Israel-based GenCell Energy, a manufacturer of fuel cell energy solutions, has announced the installation of a hydrogen-based GenCell G5 Long-Duration UPS (uninterrupted power supply) at The Hillel Yaffe Medical Centre.