Karpowership

PIS and KARPOWERSHIP Forge a Strategic Partnership for Sustainable Energy Infrastructure

Retrieved on: 
Saturday, December 2, 2023
Economic development, COP28, SOE, Partnership, Karpowership, GPA, FLNG, Biofuel, General partnership, Hydrogen, Ministry, Methanol, PIS, Ammonia, CNG, Renewable energy

The partnership was formalized during the COP28 in Dubai, Friday (1/12), signifying the parties' joint commitment to providing cleaner, more accessible energy solutions on a global stage.

Key Points: 
  • The partnership was formalized during the COP28 in Dubai, Friday (1/12), signifying the parties' joint commitment to providing cleaner, more accessible energy solutions on a global stage.
  • The agreement, signed by CEO of PIS Yoki Firnandi, and Dogan Karadeniz, founding partner of KARPOWERSHIP.
  • We believe this development is the key to the energy transition because gas is a bridge to renewable energy," Nicke added.
  • This collaborative venture is poised to drive positive change in the energy sector, combining Karpowership's expertise in efficient modular power generation with PIS's commitment to supporting ongoing energy transition and sustainable energy initiatives.

Karpowership and Ukraine Sign Energy Cooperation MOU to Ease Power Crisis

Retrieved on: 
Thursday, January 26, 2023
Karpowership, ECU, Electricity, Natural gas, Moldovan, Renewable energy, Electric power, MV Karadeniz Powership Fatmagül Sultan

Karpowership, which provides reliable and flexible floating electricity solutions across 13 countries, and ECU -- a purchaser, seller and supplier of energy resources -- will work alongside national and international organizations to develop and finance the implementation of 500 MW, enough to power over 1 million households.

Key Points: 
  • LONDON, Jan. 26, 2023 /PRNewswire/ -- Karpowership has signed a Memorandum of Understanding with state-owned trader JSC Energy Company of Ukraine (ECU) to enhance electricity supply cooperation and to fast track the use of floating power stations to alleviate the nation's energy crisis.
  • As a result, Karpowership and ECU will engage Moldovan and Romanian authorities to assess the viability of these two options.
  • ''Karpowership is delighted to work with ECU to ease Ukraine's power crisis,'' said Zeynep Harezi, Karpowership's Chief Commercial Officer.
  • ''Ukraine's energy system has suffered 12 massive Russian attacks, resulting in damage to its power generation infrastructure and electricity shortages.

Karpowership Can Help Europe Avoid Energy Rationing

Retrieved on: 
Thursday, September 29, 2022
Electricity, Natural gas, Pressure, Risk, MT MOL FSRU Challenger, MV Karadeniz Powership Doğan Bey, LNG, Karpowership

Powerships generate electricity at 25c/kWh, potentially saving Europe billions

Key Points: 
  • Powerships generate electricity at 25c/kWh, potentially saving Europe billions
    LONDON, Sept. 29, 2022 /PRNewswire/ --Europe is facing the prospect of energy rationing as the continent heads towards winter, with governments urging households and businesses to curb usage in a bid to avoid power cuts.
  • Karpowership can produce electricity atless than halfthe average price inEurope, at around 25 cents perkilowatt-hour, potentially saving individual countries billions of euros on costly energy imports.
  • "As winter approaches and Europe's energy crisis shows little sign of abating, the region is taking steps towards power rationing," said Zeynep Harezi, Karpowership's Chief Commercial Officer.
  • "Karpowership has a solution that's affordable, flexible and can be deployed almost immediately to help ease pressure on tight supplies.''

Karpowership Can Save Europe Billions in Costly Energy Subsidies

Retrieved on: 
Wednesday, September 21, 2022
Electricity, Contract, Weather, Natural gas, Industry, MT MOL FSRU Challenger, LNG, Renewable energy, MV Karadeniz Powership Doğan Bey, Karpowership

While energy subsidies offer short-term relief for households and businesses, they are not a long-term solution to surging energy costs and the burden will ultimately be passed onto taxpayers.

Key Points: 
  • While energy subsidies offer short-term relief for households and businesses, they are not a long-term solution to surging energy costs and the burden will ultimately be passed onto taxpayers.
  • One company has a solution that will slash Europe's costly power bills, can be deployed almost immediately and offers flexible, short-term contracts.
  • Karpowership can produce electricity at less than half the average price in Europe, at around 25c/kWhkilowatt-hour.
  • If deployed at scale in Europe, they could save the continent billions of euros in costly energy subsidies, a debt that would be passed onto consumers over the longer-term.

Karpowership in Talks to Ease Energy-Cost Pressure on Europe's Households

Retrieved on: 
Thursday, September 15, 2022
Electricity, Technology, Natural gas, Plant, Efficiency, Industry, Pressure, MAN, Klaipėda LNG FSRU, LNG, Renewable energy, MV Karadeniz Powership Doğan Bey, Wärtsilä, Karpowership

LONDON, Sept. 15, 2022 /PRNewswire/ -- Europe is facing an unprecedented energy crisis that's set to intensify as winter approaches. Alarming reports released by More in Common and Eurofound have revealed that 97% of people across the continent are feeling the effects of rising prices and more than seven in 10 are struggling to adjust or are only just coping with higher costs.

Key Points: 
  • Uncertainty over Europe's supply security for power and natural gas have caused extreme volatility in energy markets, putting acute financial stress on households, businesses and industry.
  • In response, Karpowership has begun discussions to supply portions of its fleet of floating power plants, known as Powerships, to European countries to help ease the crisis.
  • Karpowership offers a dispatchable, utility-scale turnkey power generation solution, with 2,000 MW of immediately available generation capacity, enough to supply 5 million households.
  • "Our solution can help Europe reduce its dependency on costly energy imports, relieving pressure on communities grappling with the cost-of-living crisis," said Zeynep Harezi, Karpowership Chief Operations Officer.

The Solution to the UK's Energy Crisis is Floating Power

Retrieved on: 
Wednesday, September 7, 2022
Risk, Natural gas, Electricity, Contract, Karpowership, Running, Bankruptcy, Renewable energy, LNG, MV Karadeniz Powership Orhan Bey

As winter approaches, the nation now faces the very real prospect of power blackouts and millions of people being pushed into energy poverty.

Key Points: 
  • As winter approaches, the nation now faces the very real prospect of power blackouts and millions of people being pushed into energy poverty.
  • But one company has a solution that will slash Britain's energy costs, can be deployed almost immediately and offers flexible, short-term contracts.
  • Karpowership's entire 6,000 MW Powership fleet is already fully constructed, with as much as 2,000 MW immediately available, enough to power 5 million homes.
  • For more information on Karpowership and its fleet of floating power solutions, visit https://karpowership.com/en/

AG&P wins the 2022 LNG 'APAC Company of the Year' award at the Energy Council's Annual Awards of Excellence

Retrieved on: 
Friday, June 10, 2022
MM, Biomass Thermal Energy Council, AG, MOL, CEO, Environment, Natural gas, Mitsui O.S.K. Lines, Adoption, Industry, CGD, Engineering, Chief executive officer, Running, LNG, Karpowership

SINGAPORE, June 10, 2022 /PRNewswire/ -- Atlantic, Gulf & Pacific International Holdings (AG&P), a leading downstream LNG platform and industrial company, has been adjudged as theAPAC Company of the Year for 2022 in the LNG category by Energy Council.

Key Points: 
  • SINGAPORE, June 10, 2022 /PRNewswire/ -- Atlantic, Gulf & Pacific International Holdings (AG&P), a leading downstream LNG platform and industrial company, has been adjudged as theAPAC Company of the Year for 2022 in the LNG category by Energy Council.
  • The Energy Council's Annual Awards of Excellence represents a global benchmark of excellence for the oil & gas and natural gas / LNG sectors.
  • Mr. Joseph Sigelman, Chairman & CEO, AG&P Group, said,"AG&P cherishes this distinguished award from the Energy Council.
  • After years of anticipation, we find ourselves in a revolutionary transformation of energy.

AG&P wins the 2022 LNG 'APAC Company of the Year' award at the Energy Council's Annual Awards of Excellence

Retrieved on: 
Friday, June 10, 2022
MM, Biomass Thermal Energy Council, AG, MOL, CEO, Environment, Natural gas, Mitsui O.S.K. Lines, Adoption, Industry, CGD, Engineering, Chief executive officer, Running, LNG, Karpowership

SINGAPORE, June 10, 2022 /PRNewswire/ -- Atlantic, Gulf & Pacific International Holdings (AG&P), a leading downstream LNG platform and industrial company, has been adjudged as theAPAC Company of the Year for 2022 in the LNG category by Energy Council.

Key Points: 
  • SINGAPORE, June 10, 2022 /PRNewswire/ -- Atlantic, Gulf & Pacific International Holdings (AG&P), a leading downstream LNG platform and industrial company, has been adjudged as theAPAC Company of the Year for 2022 in the LNG category by Energy Council.
  • The Energy Council's Annual Awards of Excellence represents a global benchmark of excellence for the oil & gas and natural gas / LNG sectors.
  • Mr. Joseph Sigelman, Chairman & CEO, AG&P Group, said,"AG&P cherishes this distinguished award from the Energy Council.
  • After years of anticipation, we find ourselves in a revolutionary transformation of energy.

AG&P wins the 2022 LNG 'APAC Company of the Year' award at the Energy Council's Annual Awards of Excellence

Retrieved on: 
Thursday, June 9, 2022
MM, Biomass Thermal Energy Council, AG, MOL, CEO, Environment, Natural gas, Mitsui O.S.K. Lines, Adoption, Industry, CGD, Engineering, Chief executive officer, Running, LNG, Karpowership

SINGAPORE, June 9, 2022 /PRNewswire/ --Atlantic, Gulf & Pacific International Holdings (AG&P), a leading downstream LNG platform and industrial company, has been adjudged as theAPAC Company of the Year for 2022 in the LNG category by Energy Council.

Key Points: 
  • SINGAPORE, June 9, 2022 /PRNewswire/ --Atlantic, Gulf & Pacific International Holdings (AG&P), a leading downstream LNG platform and industrial company, has been adjudged as theAPAC Company of the Year for 2022 in the LNG category by Energy Council.
  • The Energy Council's Annual Awards of Excellence represents a global benchmark of excellence for the oil & gas and natural gas / LNG sectors.
  • Mr. Joseph Sigelman, Chairman & CEO, AG&P Group, said,"AG&P cherishes this distinguished award from the Energy Council.
  • After years of anticipation, we find ourselves in a revolutionary transformation of energy.

AG&P wins the 2022 LNG 'APAC Company of the Year' award at the Energy Council's Annual Awards of Excellence

Retrieved on: 
Thursday, June 9, 2022
MM, Biomass Thermal Energy Council, AG, MOL, CEO, Environment, Multimedia, Natural gas, Mitsui O.S.K. Lines, Adoption, Industry, CGD, Engineering, Chief executive officer, Running, LNG, Karpowership

SINGAPORE, June 9, 2022 /PRNewswire/ --Atlantic, Gulf & Pacific International Holdings (AG&P), a leading downstream LNG platform and industrial company, has been adjudged as theAPAC Company of the Year for 2022 in the LNG category by Energy Council.

Key Points: 
  • SINGAPORE, June 9, 2022 /PRNewswire/ --Atlantic, Gulf & Pacific International Holdings (AG&P), a leading downstream LNG platform and industrial company, has been adjudged as theAPAC Company of the Year for 2022 in the LNG category by Energy Council.
  • The Energy Council's Annual Awards of Excellence represents a global benchmark of excellence for the oil & gas and natural gas / LNG sectors.
  • Mr. Joseph Sigelman, Chairman & CEO, AG&P Group, said,"AG&P cherishes this distinguished award from the Energy Council.
  • After years of anticipation, we find ourselves in a revolutionary transformation of energy.