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Outlook & Strategy

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In focus: Europe’s political balancing act within offshore energy realm
Outlook & Strategy

In focus: Europe’s political balancing act within offshore energy realm

European governments’ efforts to balance the security of the energy supply and climate change materialised in the form of a plan, which is expected to reduce its dependence on Russian fossil fuels and fast forward the green transition.

about 4 years ago
MOL
Outlook & Strategy

MOL’s eco-friendly bulker to help reduce GHG emissions in woody biomass supply chain

MOL Drybulk, a subsidiary of Mitsui O.SK. Lines (MOL), has signed a memorandum of understanding (MoU) with sustainable wood bioenergy producer Enviva to deploy an environmentally-friendly bulk carrier to reduce the greenhouse gas (GHG) emissions in the woody biomass supply chain.

about 4 years ago
More acreage for Polish player off Norway boosts its strategy for ‘diversification of gas supplies’
Outlook & Strategy

Following plans to scale up gas production, Polish player secures more Norwegian acreage

PGNiG has inked a deal with Wellesley Petroleum to expand its footprint offshore Norway by acquiring a stake in an Aker BP-operated field.

about 4 years ago
Ecopetrol and U.S. player embarking on hydrocarbon quest in four deepwater blocks off Colombia
Outlook & Strategy

Ecopetrol and U.S. player embarking on hydrocarbon quest in deep waters off Colombia

In a bid to strengthen offshore exploration, Ecopetrol has joined forces with Occidental to search for hydrocarbons in four Colombian blocks.

about 4 years ago
Hydrotug
Outlook & Strategy

Port of Antwerp-Bruges readies for first hydrogen-powered tugboat en route to becoming climate-neutral

Port of Antwerp-Bruges and cleantech company CMB.TECH are preparing to soon welcome the Hydrotug, the first hydrogen-powered tugboat, which is part of an integral greening programme for the port’s fleet.

about 4 years ago
The newly appointed and re-elected members of RenwableUK’s board of directors (Courtesy of RenewableUK)
Outlook & Strategy

RenewableUK elects new board members

RenewableUK has announced the results of its latest board election held last month, appointing or reappointing four members to the board of directors.

about 4 years ago
cruise ship
Outlook & Strategy

World’s largest cruise company comes on board zero-carbon shipping centre

The world’s largest cruise company Carnival Corporation has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, a nonprofit, independent R&D centre, on its journey to zero-emission ship operations.

about 4 years ago
ORPC's Modular RivGen device (Courtesy of ORPC)
Outlook & Strategy

ORPC picks turbine shafts supplier for tidal power systems

US-based marine energy company Ocean Renewable Power Company (ORPC) has selected Millinocket Fabrication & Machine to manufacture the turbine shafts for its portfolio of tidal power systems.

about 4 years ago
Another subsea cable manufacturer commits to SBTi net-zero standard
Outlook & Strategy

Another subsea cable manufacturer commits to SBTi net-zero standard

Chinese subsea cable manufacturer ZTT Submarine Cable & System has revealed its commitment to the Science Based Targets initiative (SBTi), setting emissions reduction targets. ZTT announced it had committed to the SBTi Net-Zero Standard and will set a robust emissions reduction target at the pace an

about 4 years ago
UK to rake in over $9.6 billion in tax this year from oil & gas operators
Outlook & Strategy

UK to get over $9.7 billion in tax this year from oil & gas operators, trade body says

UK oil & gas operators are expected to pay over $9.6 billion in taxes in 2021, which represents a 20-fold increase worth $346 per household.

about 4 years ago
A photo of the Ministers of Energy of Belgium, Denmark, Germany and the Netherlands and the President of the European Commission at the Port of Esbjerg
Outlook & Strategy

New offshore wind targets to fuel REPowerEU green hydrogen ambitions

The 150 GW of offshore wind capacity pledged to be reached by 2050 by Belgium, Denmark, Germany, and the Netherlands under the Esbjerg Declaration, signed on 18 May at the North Sea Summit, will contribute to large-scale onshore and offshore production of green hydrogen, one of the focal points of t

about 4 years ago
damen
Outlook & Strategy

Damen to promote Bawat’s ship-based ballast water management system

Damen Green Solutions, a member of the Damen Shipyards Group, has been given the right to promote a green ship-based ballast water management system (BWMS) developed by water treatment supplier Bawat. According to Bawat, Damen was selected for the cooperation as it fits the supplier’s green approach

about 4 years ago
Kevin Rebenius presenting before the Swedish Parliament (Courtesy of CorPower Ocean)
Outlook & Strategy

CorPower Ocean goes before Swedish Parliament to spotlight wave power benefits

CorPower Ocean has spoken at the Swedish Parliament to build awareness of the future potential of wave energy amongst the nation’s policy makers.

about 4 years ago
Corvus Energy
Outlook & Strategy

Corvus Energy to open US battery factory amid increased demand

Norway’s energy storage company Corvus Energy is expanding its US operations by opening a new factory in the state of Washington in an effort to meet demand for hybrid and zero-emission vessels.

about 4 years ago
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