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Outlook & Strategy

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Everfuel makes new appointment to execute green hydrogen growth strategy
Outlook & Strategy

Everfuel makes new appointment to execute green hydrogen growth strategy

Danish green hydrogen provider Everfuel has appointed new deputy chief executive officer (CEO) to expand the management team and drive the execution of the growth strategy. Martin Skov Hansen will assume the new role starting from 1 January 2023 with a special focus on organisation development, HR a

about 3 years ago
How will UK's energy windfall tax hike impact oil & gas players?
Outlook & Strategy

How will UK’s energy windfall tax hike impact oil & gas players?

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Moody’s has highlighted that the rise in the energy windfall tax will crimp the North Sea producers’ free cash flow generation.

about 3 years ago
OMV sets up new corporate structure for sustainable growth
Outlook & Strategy

OMV sets up new corporate structure for sustainable growth

Austrian oil and gas company OMV has introduced its new corporate structure to deliver on ambitions to become a net-zero company, which will come into effect on 1 January 2023. According to OMV, the new structure is designed to fully enable the delivery of Strategy 2030 and drive its transition towa

about 3 years ago
Corepower
Outlook & Strategy

Core Power CEO: Biggest ships can benefit the most from nuclear power

The largest ocean-going vessels, which are the largest polluters, can reap the greatest benefits from the new nuclear power technologies, according to Mikal Bøe, CEO of London-based Core Power.

about 3 years ago
The Rig emerges from stormy North Sea wrapping crew in triller galore
Outlook & Strategy

The Rig emerges from stormy North Sea wrapping crew in supernatural thriller galore

Amazon Prime is bringing a new supernatural thriller series, the first Amazon Original to be filmed entirely in Scotland, titled The Rig.

about 3 years ago
Greece, Bulgaria, Romania and Hungary agree to develop natural gas Vertical Corridor
Outlook & Strategy

Greece, Bulgaria, Romania and Hungary agree to develop natural gas Vertical Corridor

Gas systems operators from Greece, Bulgaria, Romania and Hungary have signed a memorandum of understanding (MoU) with the purpose to cooperate on the realisation of the Vertical Corridor, which will enable bi-directional flows of natural gas from North to South and from South to North. The MoU was s

about 3 years ago
Anemoi rotor sail
Outlook & Strategy

Anemoi to continue testing its rotor sails in Port of Blyth

Wind-assisted propulsion provider Anemoi Marine Technologies has extended the lease for their land-based Rotor Sail test facility at the Port of Blyth, the UK. The port, which is a major offshore energy support base, has hosted Anemoi’s test facility for 10 years. The location obtains similar wind c

about 3 years ago
Fluxys makes its first strategic investment for hydrogen transport in Belgium
Outlook & Strategy

Fluxys makes its first strategic investment for hydrogen transport in Belgium

Infrastructure operator Fluxys Belgium is increasing its transmission capacity with the construction of a new dual-purpose pipeline between Desteldonk and Opwijk, which also marks its first strategic investment for hydrogen transport in Belgium. This is the second pipeline between Desteldonk and Opw

about 3 years ago
LIVE BLOG: Offshore Energy Exhibition & Conference 2022
Outlook & Strategy

LIVE BLOG: Offshore Energy Exhibition & Conference 2022

18:00 It’s a wrap Thanks to all participants, partners, sponsors and media partners for making this event such a great success! See you next year on 28 & 29 November 2023! 17:30 Drinks at Navingo stand Offshore Energy Exhibition & Conference is almost coming to an end. The best way to celebrate thes

18 minutes read
EU ETS
Outlook & Strategy

Tentative deal on including shipping’s GHG emissions in EU ETS covers methane and N20

A preliminary agreement has been reached between the EU’s top three institutions to include greenhouse gas emissions from the maritime sector in the EU Emissions Trading System (ETS). The tentative deal was struck on Tuesday evening, and it leads to several milestones such as the inclusion of methan

about 3 years ago
Terntank
Outlook & Strategy

Terntank orders new wind/methanol-ready hybrid tankers

Swedish shipping company Terntank is continuing its journey towards fossil-free operation with an order for two plus two new wind assistance and methanol-ready tankers. On 29 November, the company said it placed an order for the 15,000 dwt tankers at China Merchants Jinling Shipyard, Yangzhou. The v

about 3 years ago
shipping
Outlook & Strategy

UK needs £75bn for its shipping sector to transition to zero

Approximately £75bn ($89.9 bn) of investment over the coming three decades will be required for the UK’s domestic maritime sector to transition to net zero, a report produced by Marine Capital with the support of UMAS and Lloyd’s Register (LR) estimates. Hence, attracting new sources of capital to i

about 3 years ago
Maersk
Outlook & Strategy

Maersk, IBM pull the plug on TradeLens

Danish container shipping major Maersk and IBM have decided to withdraw the TradeLens offerings and discontinue the platform. The blockchain-enabled shipping solution was created in 2018 with the aim of promoting more efficient and secure global trade, bringing together various parties to support in

about 3 years ago
£20 bln decom spend in the offing for UK’s oil & gas wells over next decade
Outlook & Strategy

£20 bln decom spend in the offing for UK’s oil & gas wells over next decade

Offshore Energies UK has predicted that about £20 bln will be spent on decommissioning North Sea oil & gas installations in the next decade.

about 3 years ago