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Outlook & Strategy

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A photo of Eco Wave Power's Gibraltar wave energy plant (Courtesy of Eco Wave Power)
Outlook & Strategy

Eco Wave Power cuts loss

Swedish company Eco Wave Power has reported a decrease in losses for the third quarter of 2020 as opposed to the same period a year earlier.

about 5 years ago
Marc Marquez on the Repsol Honda Moto GP bike; Source: Repsol
Outlook & Strategy

Repsol reveals new strategic plan to accelerate energy transition

Spanish oil company Repsol has unveiled its 2021 – 2025 strategic plan which will advance its net-zero emissions objective.

about 5 years ago
An image showing Wavepiston wave energy system (Courtesy of Wavepiston)
Outlook & Strategy

Wavepiston launches crowdfunding campaign

Danish company Wavepiston has opened a crowdfunding campaign on Seedrs investment platform in order to fund the final phase of development of its wave energy technology.

about 5 years ago
Svanehøj strengthens gas market position
Outlook & Strategy

Svanehøj strengthens gas market position

Deepwell pumps specialist Svanehøj has expanded its foothold in the LNG market with the appointment of Hirohide Gohda.

about 5 years ago
An image illustration showing ORPC's RivGen turbine (Courtesy of ORPC)
Outlook & Strategy

US boosts 11 hydrokinetic projects with $35 million in research funds

The U.S. Department of Energy (DOE) has awarded $35 million for 11 projects which seek to develop new economically competitive hydrokinetic turbine designs for tidal and riverine currents.

about 5 years ago
Jubilee field off Ghana - Tullow Oil
Outlook & Strategy

Tullow plans to generate $7 billion cash flow over 10 years with focus on West African assets

Tullow Oil will focus on its West African producing portfolio as part of its new strategy to generate $7B of operating cash flow in the next 10 years.

about 5 years ago
The design for utility-scale Orbital OA model (Courtesy of Orbital Marine Power)
Outlook & Strategy

Orbital Marine Power announces crowdfunding campaign

Orbital Marine Power has revealed its intention to launch a crowdfunding campaign through the Crowdcube investment platform in the weeks ahead.

about 5 years ago
Joe Biden; Source: Biden's campaign website
Outlook & Strategy

Biden’s energy transition might not run so smoothly after all

Following President Trump’s effective surrender of his three-week protest of the election results on Monday by submitting to the government’s official transition to the incoming Joe Biden administration, the time has come for the new administration to set new energy transition plans into motion – bu

14 minutes read
Marine Minerals
Outlook & Strategy

Norwegian marine minerals potential could be worth billions

Marine minerals could create 21,000 jobs and a $20 billion market for Norway in the next decades, Rystad Energy report says. That is the most optimistic estimate in a new Rystad Energy report on excavation of offshore minerals on the Norwegian Continental Shelf (NCS). “We are looking to provide mine

about 5 years ago
French quintet joins methane emissions reduction initiative
Outlook & Strategy

French quintet joins methane emissions reduction initiative

A French quintet including Elengy, GRDF, GRTgaz, Storengy and Teréga joined the OMGP partnership aiming to cut methane emissions from their respective operations.

about 5 years ago
The design for utility-scale Orbital OA model (Courtesy of Orbital Marine Power)
Outlook & Strategy

Orbital presents futuristic tidal and river turbine designs

UK-based Orbital Marine Power and Designworks, BMW Group’s Advanced Design Company, have collaborated to produce a striking vision for Orbital’s floating energy generation technology.

about 5 years ago
A photo of Matias Alday, Research Engineer at IFREMER, is in charge of the development and validation of the model configuration implemented to build the RESOURCECODE wave hindcast database (Courtesy
Outlook & Strategy

RESOURCECODE preps one year of hindcast data for marine toolbox

The RESOURCECODE project has made a significant step forward with the first year of hindcast data being produced for the project’s marine data toolbox and the development of the new online platform.

about 5 years ago
BSEE - offshore energy
Outlook & Strategy

U.S. gov’t launches funding opportunity to drive safety performance in offshore energy

The U.S. gov’t has launched a new collaboration for improved safety and environmental stewardship in offshore energy exploration and production operations.

about 5 years ago
Wintershall Dea
Outlook & Strategy

Wintershall Dea sets net-zero goals for upstream ops

German oil and gas company Wintershall Dea has set a goal to achieve net-zero upstream activities by 2030 to tackle the world’s climate change challenge.

about 5 years ago
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