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Market Outlooks

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UK Prime Minister Boris Johnson during his speech at the Global Innovation Summit
Market Outlooks

UK unveils landmark strategy to reach net-zero by 2050

The UK government has launched its landmark net-zero strategy, outlining measures to lower its reliance on fossil fuels and transition to a green and sustainable future.

about 5 years ago
The BladeRunner turbine protype above the Tanana River test site (Courtesy of Moriel Arango/BladeRunner Energy)
Market Outlooks

BladeRunner launches first full-scale hydrokinetic prototype

BladeRunner Energy, in collaboration with the Alaska Center for Energy and Power (ACEP), has launched and tested its first full-scale hydrokinetic prototype in Alaska.

about 5 years ago
MPS' floating offshore renewable energy technology (Courtesy of MPS)
Market Outlooks

UK partners join forces to advance green hydrogen production and distribution

UK-based marine energy company Marine Power Systems (MPS) has joined forces with Marine2o to develop integrated solutions to support the production of green hydrogen from offshore renewable energy sources, using marine vessels to transport this energy vector to market.

about 5 years ago
Global OTEC’s floating OTEC concept (Courtesy of Global OTEC)
Market Outlooks

Marine-i hails first Africa’s OTEC power plant plans

Marine-i has welcomed the news that Global OTEC Resources entered into a partnership for the deployment of the world’s first commercial floating ocean thermal energy conversion (OTEC) platform, which will be located in the Democratic Republic of São Tomé and Príncipe.

about 5 years ago
Photo showing Mocean Energy's team (Courtesy of Mocean Energy)
Market Outlooks

Wave energy firm expands Aberdeen base to meet oil & gas decarbonisation push

UK-based wave energy company Mocean Energy has opened a new dedicated office in Aberdeen to meet growing oil and gas interest in decarbonisation of North Sea assets.

about 5 years ago
West Libra & West Aquila drillships - Northern Drilling
Market Outlooks

No more rigs in Northern Drilling’s fleet after second drillship gets cancelled

John Frederiksen’s Northern Drilling has now cancelled resale contracts for both of its newbuild drillships with South Korea’s DSME.

about 5 years ago
Photo showing Hangzhou Huge Wave Energy's ocean observing platform (Courtesy of Hangzhou Huge Wave Energy Technology)
Market Outlooks

Chinese test wave-powered ocean observing platform

China-based marine energy company Hangzhou Huge Wave Energy Technology has recently tested its wave-powered ocean monitoring platform offshore Daishan county in the Zhejiang Province.

about 5 years ago
US
Market Outlooks

US largest publicly-listed shipping company is born

Dry cargo vessel owner and operator Navios Maritime Partners has completed the acquisition of tanker owner Navios Maritime Acquisition Corporation after securing unitholder approvals.

about 5 years ago
Offshore Energy
Market Outlooks

Counting down to Offshore Energy Exhibition & Conference 2021

In less than two weeks, Offshore Energy Exhibition & Conference 2021 will open its doors! The industry will meet again face-to-face on 26 and 27 October 2021 in RAI Amsterdam.

about 5 years ago
The BASEPOINT project event in Portugal (Courtesy of Bluespring)
Market Outlooks

Ports set to drive uptake of wave energy projects

Portuguese, Dutch and Spanish wave energy stakeholders recently came together to mark the successful wrap-up of the BASEPOINT project, a laboratory test programme for the Symphony wave energy converter at Sines Tecnopolo in Portugal.

about 5 years ago
Repsol invests €2.549 billion in renewable hydrogen push
Market Outlooks

Repsol invests $2.96 billion in renewable hydrogen push

Spanish oil and gas company Repsol says it will invest €2.549 billion ($2.958 billion) in the entire hydrogen value chain by 2030. Renewable hydrogen is one of Repsol’s strategic pillars to achieve zero emissions by 2050. Thus, the company presented its hydrogen strategy for up to 2030 Its goal is t

about 5 years ago
Photo of Patrik Möller, CEO of CorPower Ocean (Courtesy of SKF/Photo by Content Avenue AB)
Market Outlooks

CorPower on board European Commission’s renewed Clean Energy Industrial Forum

Swedish wave energy company CorPower Ocean has been appointed to the European Commission’s renewed Clean Energy Industrial Forum.

about 5 years ago
Photo showing the UniWave200 wave energy device (Courtesy of Wave Swell Energy)
Market Outlooks

UniWave200 device picks up pace of clean power generation from waves

Wave Swell Energy’s (WSE) wave energy demonstration project at King Island, featuring the UniWave200 device, has seen significant and vital progress in recent weeks.

about 5 years ago
Gazprom signs deal with Russian goverment for hydrogen push
Market Outlooks

Gazprom collaborates with Russian government on hydrogen energy

Russian gas company Gazprom has signed an agreement of intent with the goverment to advance the hi-tech area of developing hydrogen energy and decarbonization of industry and transport in the country.

about 5 years ago
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