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Outlook & Strategy

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Illustration/CorPower’s C3 wave energy device (Courtesy of CorPower Ocean/Photo by Colin Keldie)
Outlook & Strategy

Ocean Energy Europe: REPowerEU as new innovation stepping stone for renewables

Ocean Energy Europe (OEE) has welcomed the European Commission’s REPowerEU initiative, which at its heart endorses a massive and accelerated roll-out of renewables.

about 4 years ago
A carousel with Hellenic Cables' cables
Outlook & Strategy

Hellenic Cables’ net-zero targets approved

The Science Based Targets initiative (SBTi) has approved Hellenic Cables’ near-term and long-term greenhouse gas emissions reduction targets. Hellenic Cables commits to reducing absolute scope 1 and 2 GHG emissions by 50% by 2030 from a 2020 base year, as well as the absolute scope 3 GHG emissions f

about 4 years ago
Star Bulk
Outlook & Strategy

Star Bulk: Green shipping corridors simplify the decarbonisation challenge

Last month, Greek dry bulk shipping company Star Bulk joined a landmark initiative that aims to create the first of its kind green corridor between Australia and East Asia for shipping iron ore.

about 4 years ago
Woodside shareholders back BHP merger in landslide vote
Outlook & Strategy

Woodside shareholders endorse BHP merger proposal in landslide vote

Woodside has revealed that its shareholders have endorsed its plan for the merger of BHP’s petroleum business portfolio with Woodside.

about 4 years ago
Illustration/Offshore wind farm collocated with wave energy farm (Courtesy of CorPower Ocean
Outlook & Strategy

Esbjerg declaration: Industry sees wave energy as ‘natural partner’ to offshore wind and solar

The representatives of ocean energy associations have called both the Danish and Dutch governments and parliaments to also integrate wave energy in the energy strategy for the North Sea region by setting both national and regional deployment targets.

about 4 years ago
Engelbrecht goes from acting to permanent CEO role at Beach Energy
Outlook & Strategy

Acting CEO takes on permanent role at Beach Energy for ‘next phase of growth’

After an extensive recruitment process, Beach Energy has appointed its Acting Chief Executive Officer to the CEO role, effective immediately.

about 4 years ago
Two Norwegian players join forces to pursue hydrogen potential in maritime sector as “fuel for the future”
Outlook & Strategy

Two Norwegian players to explore the use of hydrogen as ‘fuel for the future’ in maritime sector

Golden Energy Offshore has teamed up with Gen2 Energy to explore the use and availability of hydrogen-based fuel in the maritime industry.

about 4 years ago
EU ETS
Outlook & Strategy

Outpacing global regulator, EU moves to introduce carbon pricing for shipping and Ocean Fund

The European Parliament’s Environment Committee (ENVI) has voted to adopt the European Commission’s proposal to include shipping in the EU Emissions Trading System (ETS), surpassing the (in)activity of the UN maritime body, the International Maritime Organization (IMO), to introduce a similar system

about 4 years ago
Ursula von der Leyen - REPowerEU
Outlook & Strategy

EU sets out plan to tackle double whammy of dependence on Russian fossil fuels and climate crisis

The European Commission has presented a plan on how the EU can rapidly reduce its dependence on Russian fossil fuels and fast forward the green transition.

about 4 years ago
GoodFuels
Outlook & Strategy

GoodFuels, ITOCHU join forces for sustainable marine biofuel in Asia-Pacific

Dutch marine biofuels supplier GoodFuels and Japanese general trading company ITOCHU Corporation have entered into a partnership agreement to scale sustainable marine biofuel in Singapore, Japan and Asia-Pacific.

about 4 years ago
EU ETS
Outlook & Strategy

EU Parliament votes for EU ETS reform to combat climate change

On 17 May 2022, Members of the European Parliament (MEPs) voted in favour of amendments to the EU Emissions Trading System (EU ETS) in the Environment Committee.

about 4 years ago
Nova Innovation cheers selection of Yell for Carbon Neutral Islands project
Outlook & Strategy

Nova Innovation cheers selection of Yell for Carbon Neutral Islands project

Tidal energy pioneer Nova Innovation has welcomed the Scottish Government’s move to select Yell in Shetland as one of six islands included in its Carbon Neutral Islands (CNI) project.

about 4 years ago
U.S. energy services provider to expand its decom presence in Gulf of Mexico with new acquisition
Outlook & Strategy

Helix expanding decommissioning presence in Gulf of Mexico with new acquisition

Helix Energy Solutions has inked a deal to acquire Alliance in a bid to widen and increase its decom footprint in the Gulf of Mexico.

about 4 years ago
NSTA
Outlook & Strategy

NSTA’s map to help North Sea operators reduce subsea decom costs

The North Sea Transition Authority (NSTA) has created a map and a dataset of assets to support four North Sea operators in their ambition to reduce subsea decommissioning costs by 50%.

about 4 years ago
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