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Outlook & Strategy

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L to R: Torger Skillingstad, Lynne Ross, and Cameron McNatt (Courtesy of Mocean Energy)
Outlook & Strategy

Mocean Energy strengthens board with two key appointments

Mocean Energy has appointed a former oil and gas executive, and a climate change expert to its board to help commercialize its Blue Star wave energy device and raise investment.

about 4 years ago
Aker-Solutions-Schlumberger-and-Subsea-7-to-set-up-subsea-joint-venture
Outlook & Strategy

Aker Solutions, Schlumberger and Subsea 7 to set up subsea joint venture

Aker Solutions, Schlumberger and Subsea 7 have entered into agreements to form a joint venture, with the goal of delivering a step change in subsea production economics. The proposed joint venture will comprise the subsea businesses of Schlumberger and Aker Solutions, with Subsea 7 purchasing 10% of

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about 4 years ago
Meriaura
Outlook & Strategy

Meriaura owner steps into thermal energy business with Savosolar merger

VG-Shipping Oy, the parent company of Finnish marine logistics company Meriaura Oy, revealed it will become a majority owner of compatriot solar thermal systems provider Savosolar Oyj.

about 4 years ago
QED Naval’s Subhub platform fitted with Tocardo tidal turbines (Courtesy of QED Naval)
Outlook & Strategy

QED Naval’s crowdfunding campaign gets 210% oversubscribed

Scottish marine energy company QED Naval has informed that its ongoing crowdfunding campaign has already been 210% oversubscribed, with two more days left for additional investments.

about 4 years ago
L-R: Paul Slorach, Andy Martin, Jonny Moroney, Richard Knox (Courtesy of Verlume)
Outlook & Strategy

Verlume bolsters leadership team

Verlume, a UK-based intelligent energy management and storage technologies specialist, has strengthened its leadership team with several new appointments.

about 4 years ago
Neptune Maritime
Outlook & Strategy

Neptune Maritime becomes member of UN Global Compact

Jersey-based maritime leasing platform Neptune Maritime Leasing Limited has joined the United Nations Global Compact, the largest corporate sustainable development initiative in the world, a voluntary leadership platform for the development, implementation and disclosure of responsible business prac

about 4 years ago
Yara
Outlook & Strategy

Northern Lights and Yara sign first cross-border CO2 transport and storage deal in ‘major milestone’ for decarbonising Europe

Northern Lights, a joint venture between Equinor, Shell and TotalEnergies, and Norwegian chemical company Yara have signed what is said to be the world’s first commercial agreement on cross-border CO2 storage and transport, marking a ‘major milestone’ for decarbonising Europe. Northern Lights and Ya

about 4 years ago
NeuConnect
Outlook & Strategy

TEPCO Power Grid gets in on NeuConnect project

TEPCO Power Grid is set to participate in the NeuConnect project – the first UK-Germany subsea interconnector – as it has entered into a share purchase agreement with the shareholders of FI1 Limited, a minority shareholder in the project. TEPCO Power Grid signed the agreement with the shareholders v

about 4 years ago
Belledune
Outlook & Strategy

Belledune, Wilhelmshaven ports partner up on clean fuels, green energy

Canada’s Belledune Port Authority (BPA) has signed a memorandum of understanding (MOU) with Niedersachsen Ports Wilhelmshaven, Germany, to collaborate on the movement of dry and liquid bulk commodities, and manufactured products, between Canada and Germany, with a focus on clean fuels and green prod

about 4 years ago
Aker BP picks contractor for ‘largest new-build project in many years’
Outlook & Strategy

Aker BP picks contractor for ‘largest new-build project in many years’

Aker BP has picked Rosenberg Worley to construct two models for the new central platform on a field in the North Sea.

about 4 years ago
Carbon capture, utilisation and storage capacity to increase ‘seven-fold’ by 2050 to reach net-zero, says WoodMac
Outlook & Strategy

WoodMac: For net-zero by 2050, carbon capture, utilisation and storage needs ‘seven-fold’ boost

As global CCUS capacity is nearing 1 billion tonnes per annum, Wood Mackenzie believes that more is needed to meet net-zero goals by 2050.

about 4 years ago
Scrubber
Outlook & Strategy

Scrubber market to reach $16.4 billion by 2030

The global marine scrubber market is estimated to achieve a market size of $16.38 billion by 2030, according to a new report issued by Acumen Research and Consulting.

about 4 years ago
LNG investments to peak at $42 bln in 2024, Rystad says
Outlook & Strategy

LNG investments to peak at $42 bln in 2024, Rystad says

According to research by Rystad Energy, global LNG investments will peak at $42 billion in 2024, which is a 50 per cent jump from current spending.

about 4 years ago
Norwegian gas holds potential to play ‘key place’ in Europe’s energy transition
Outlook & Strategy

Norwegian gas holds potential to play ‘key place’ in Europe’s energy transition

Norway’s gas can enable Europe to achieve its energy transition goals, says the NPD, but investments in unlocking new resources are needed.

about 4 years ago