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Market Outlooks

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Europe in push to meet growing demand for hydrogen
Market Outlooks

Europe in push to meet growing demand for hydrogen

European Commission, Hydrogen Europe, and relevant companies signed a joint declaration to set out a strategy to double the previous EU renewable hydrogen target to 10 million tonnes of annual domestic production and an additional 10 million tons of annual hydrogen imports.

about 4 years ago
Maersk sells three laid-up vessels for scrap
Market Outlooks

Maersk Supply Service sells three laid-up vessels for scrap

Maersk Supply Service has arranged to recycle three vessels as part of its strategy to optimise its fleet portfolio.

about 4 years ago
UK regulator mulling over divestment proposal as solution for Maersk-Noble merger
Market Outlooks

UK regulator mulling over rig sale proposal as solution for Maersk-Noble merger

The UK’s competition regulator might accept a remedy proposal, submitted in response to its concerns about the proposed Noble-Maersk merger.

about 4 years ago
Oil & gas firms’ profits set to smash records reaching $834 billion in 2022, Rystad says
Market Outlooks

Oil & gas firms’ profits set to smash records reaching $834 billion in 2022, Rystad says

Rystad Energy expects public E&P companies to break prior records as profits are set to reach a 70 per cent increase in 2022.

about 4 years ago
Yara
Market Outlooks

Yara mulls IPO of clean ammonia business

Norwegian chemical company Yara International is evaluating a potential initial public offering (IPO) of its Yara Clean Ammonia business (YCA) on the Oslo Stock Exchange.

about 4 years ago
The Arrol Gibb Innovation Campus (AGIC) (Courtesy of the University of Edinburgh)
Market Outlooks

New energy innovation campus in UK set to transform large-scale manufacturing

The Arrol Gibb Innovation Campus (AGIC) has been launched in Scotland with the aim to transform large-scale manufacturing for energy transition-related sectors.

about 4 years ago
InfinityWEC with the novel high-strength concrete buoy connected to the PTO system (Courtesy of Ocean Harvesting Technologies)
Market Outlooks

Ocean Harvesting develops high-strength concrete hull for wave energy device

Swedish company Ocean Harvesting Technologies is developing a novel concrete hull for the InfinityWEC wave energy converter, using high-strength concrete with low environmental footprint.

about 4 years ago
Sunlit Sea’s floating solar plant in the Port of Oslo (Courtesy of the Port of Oslo)
Market Outlooks

Sunlit Sea launches temporary floating solar plant at the Port of Oslo

Norwegian company Sunlit Sea has deployed a temporary offshore floating solar power plant in Oslo to test the concept for city-integrated floating solar power.

about 4 years ago
Titan LNG becomes member of SEA-LNG coalition
Market Outlooks

Titan LNG becomes member of SEA-LNG coalition

Titan LNG has joined SEA-LNG, the multi-sector industry coalition that wants to demonstrate LNG’s benefits as a viable marine fuel.

about 4 years ago
Illustration (Courtesy of Supergen ORE Hub)
Market Outlooks

Supergen ORE Hub funds offshore wind and wave energy studies for early career researchers

The Supergen Offshore Renewable Energy (ORE) Hub, as part of its Early Career Researcher (ECR) Fund, has awarded funding to four offshore wind and wave energy projects at UK institutions.

about 4 years ago
RenewableUK: Pathway to unlock minimum of 5 GW of green hydrogen
Market Outlooks

RenewableUK: Way to unlock minimum of 5 GW of green hydrogen

Trade association RenewableUK has published a series of key policy recommendations to help the UK achieve its target of ten gigawatts of hydrogen by 2030, with at least five gigawatts from green hydrogen production.

about 4 years ago
Judith Petts and Andrew Jamieson (Courtesy of the University of Plymouth)
Market Outlooks

UK partners to create new facility for offshore renewable energy innovations

The University of Plymouth and the Offshore Renewable Energy (ORE) Catapult have partnered up to establish a new research facility to accelerate the development and deployment of new offshore renewables products and services.

about 4 years ago
Wintershall Dea takes ‘major step’ towards sustainable future with hydrogen and CCS
Market Outlooks

Wintershall Dea’s hydrogen and CCS project to support Wilhelmshaven energy hub

Wintershall Dea’s new project is putting the wheels into motion to decarbonise the German industry with the help of hydrogen and CCS.

about 4 years ago
Aquaculture barge with illustration of MoorPower wave power system added (Photo courtesy of Carnegie Clean Energy/Base image Huon Aquaculture)
Market Outlooks

Carnegie’s wave power spin-off for aquaculture sector nears design completion

Carnegie Clean Energy has made headway on the development of the MoorPower project, with the design of CETO wave energy device spin-off – aimed at aquaculture sector – nearing completion.

about 4 years ago
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