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Outlook & Strategy

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Norway launches 30 GW by 2040 offshore wind investment plan
Outlook & Strategy

Norway launches 30 GW by 2040 offshore wind investment plan

The Government of Norway has launched a large-scale investment plan aimed at allocating sea areas to develop 30 GW of offshore wind capacity by 2040. The ambition is that almost as much new power will be produced from offshore wind as Norway produces in total today. ”Today we launch a large-scale in

about 4 years ago
Aquantis' Tidal Power Tug concept (Courtesy of Aquantis)
Outlook & Strategy

Californian tidal energy company signs up for EMEC tidal demo

California-based tidal energy developer Aquantis has signed up to test its Tidal Power Tug at the European Marine Energy Centre (EMEC) in Scotland.

about 4 years ago
CMA CGM
Outlook & Strategy

Accelerating to net zero, CMA CGM joins Jupiter 1000 project

CMA CGM has made a step forward towards its net-zero carbon 2050 goal as it joined the Jupiter 1000 industrial demonstrator project piloted by compatriot gas transport company GRTgaz.

about 4 years ago
Odfjell close to wrapping up three-year drilling campaign in Black Sea
Outlook & Strategy

Odfjell Technology on track to wrap up three-year campaign in Black Sea

Odfjell Technology is on track to successfully complete its three-year drilling project in the Black Sea with Black Sea Oil & Gas (BSOG).

about 4 years ago
Novige's scaled NoviOcean NO2 wave energy device (Courtesy of Novige)
Outlook & Strategy

Swedish start-up collects multi-million EU grant for full-scale wave energy device

Swedish company Novige has been selected by the European Climate, Infrastructure and Environment Executive Agency (CINEA) to receive a multi-million euro grant to build its full-scale wave energy device.

about 4 years ago
Cygnus Alpha - Neptune Energy
Outlook & Strategy

Neptune to invest over $1 bln in next five years to secure energy supplies for UK

Neptune Energy will spend more than $1 billion over the next five years securing energy supplies for the UK.

about 4 years ago
Rotterdam to provide 4.6 mt of hydrogen by 2030
Outlook & Strategy

Rotterdam to provide 4.6 mt of hydrogen by 2030

The Port of Rotterdam says it can, with companies, supply Northwestern Europe with 4.6 million tonnes of hydrogen annually by 2030. The consumption of 4.6 million tonnes of hydrogen allows for 46 million tonnes of CO2 reduction. It also increases Europe’s energy independence. This hydrogen amount is

about 4 years ago
Conceptual ocean energy marketplace (Courtesy of AOEG)
Outlook & Strategy

Feasibility study for Australia’s integrated ocean energy marketplace gets underway

Global energy consultancy Xodus has been commissioned to undertake a feasibility study that will look into developing a two-stage Integrated Ocean Energy Marketplace in Western Australia.

about 4 years ago
BlueStor
Outlook & Strategy

BlueStor eyes UK’s first floating organic flow battery for port energy storage

BlueStor, a project created by UK’s MSE International and funded by the Department for Business, Energy and Industrial Strategy (BEIS) under its Longer Duration Energy Storage (LODES) competition, has produced detailed plans for developing the UK’s first floating organic flow battery for decarbonise

about 4 years ago
Koreas-first-subsea-cable-laying-vessel-launched
Outlook & Strategy

Korea’s first subsea cable laying vessel launched

LS Cable & System (LS C&S) has held the launching ceremony for what is said to be Korea’s first subsea power cable laying vessel. The ceremony for GL2030 was held on 21 April at Donghae Port in Gangwon-do, where LS Cable & System’s subsea cable factory is located. LS C&S said it is planning to [&hel

about 4 years ago
Rystad: European LNG supply crisis expected for winter 2022
Outlook & Strategy

Rystad: European LNG supply crisis expected in winter 2022

Rystad Energy foresees the LNG crisis making landfall in winter 2022 for European countries dealing with energy insecurity due to Russia’s invasion of Ukraine.

about 4 years ago
Europe in push to meet growing demand for hydrogen
Outlook & Strategy

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
Eldfisk Complex; Source: ConocoPhillips
Outlook & Strategy

ConocoPhillips files development plan for $1.2 bln North Sea project

ConocoPhillips and its partners have submitted a PDO for a project in the Greater Ekofisk Area with investments totalling around $1.2 bln.

about 4 years ago
Maersk sells three laid-up vessels for scrap
Outlook & Strategy

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
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