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Outlook & Strategy

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Europe in push to meet growing demand for hydrogen
Outlook & Strategy

Europe in push to meet growing demand for hydrogen

European Commission, Hydrogen Europe, and relevant companies signed a joint declaration to set out a strategy to double the previous EU renewable hydrogen target to 10 million tonnes of annual domestic production and an additional 10 million tons of annual hydrogen imports.

about 4 years ago
Eldfisk Complex; Source: ConocoPhillips
Outlook & Strategy

ConocoPhillips files development plan for $1.2 bln North Sea project

ConocoPhillips and its partners have submitted a PDO for a project in the Greater Ekofisk Area with investments totalling around $1.2 bln.

about 4 years ago
Maersk sells three laid-up vessels for scrap
Outlook & Strategy

Maersk Supply Service sells three laid-up vessels for scrap

Maersk Supply Service has arranged to recycle three vessels as part of its strategy to optimise its fleet portfolio.

about 4 years ago
Illustration/OPT’s PowerBuoy (Courtesy of OPT)
Outlook & Strategy

OPT appoints new VP of engineering and operations

US-based marine energy company Ocean Power Technologies (OPT) has named Ethan Butler as its new vice president of engineering and operations.

about 4 years ago
Yinson hires Kongsberg Maritime to furnish Petrobras FPSO with electrical and control equipment
Outlook & Strategy

Kongsberg to furnish Brazil-bound FPSO with electrical and control equipment

Kongsberg Maritime has inked a deal with Yinson to deliver electrical and control technologies for an FPSO, which will operate off Brazil.

about 4 years ago
New gas discovery for Energean off Israel
Outlook & Strategy

New gas discovery for Energean off Israel

Energean has made a commercial gas discovery in Block 12 offshore Israel, bolstering its beliefs in the potential of the Olympus Area.

about 4 years ago
UK regulator mulling over divestment proposal as solution for Maersk-Noble merger
Outlook & Strategy

UK regulator mulling over rig sale proposal as solution for Maersk-Noble merger

The UK’s competition regulator might accept a remedy proposal, submitted in response to its concerns about the proposed Noble-Maersk merger.

about 4 years ago
FPP’s basin test campaign at IHCantabria (Courtesy of FPP)
Outlook & Strategy

Danish company concludes floating wind and wave trials in Spain

Danish company Floating Power Plant (FPP) has completed basin tests of its hybrid floating wind and wave platform at IHCantabria facilities in Spain.

about 4 years ago
Petrobras unveils plans to invest $16 bln in ‘largest revitalization project in the offshore industry worldwide’
Outlook & Strategy

Petrobras unveils plans to invest $16 bln in ‘largest revitalisation project in the offshore industry worldwide’

Petrobras has revealed plans to invest $16 bln in the Campos Basin revitalisation project and $5.5 bln in extraction activities in Brazil.

about 4 years ago
Landmark report finds legal grounds to hold fossil fuel firms liable for environmental damage
Outlook & Strategy

Landmark report finds legal grounds to hold fossil fuel firms liable for environmental damage

The findings of a recent report indicate that there are legal grounds to hold fossil fuel firms accountable for environmental damage.

about 4 years ago
MPS’ DualSub offshore energy demonstrator (Courtesy of MPS)
Outlook & Strategy

MPS looks for fabrication and assembly hand for wind and wave energy hybrid

Welsh company Marine Power Systems (MPS) has launched a new tender for contractors to provide assistance with the development of megawatt-scale wind and wave energy project in Spain.

about 4 years ago
Longboat executes two-well farm-in deal with OMV
Outlook & Strategy

Longboat gains access to OMV’s two ‘high-quality, gas-weighted’ wells off Norway

Longboat has executed a farm-in agreement with OMV for two prospects on the NCS, boosting its net unrisked mean resources by 68 per cent.

about 4 years ago
UN spearheads efforts to raise $80 million to prevent major oil spill off Yemen
Outlook & Strategy

UN spearheading efforts to raise $80 million to prevent major oil spill off Yemen

The UN is working on raising the funds for the implementation of its plan to address a threat posed by an FSO unit off the Yemen coast.

about 4 years ago
Trident gets more time in block offshore Equatorial Guinea
Outlook & Strategy

More time for Trident and JV partners ‘to realise the full oil and gas potential’ of block offshore Equatorial Guinea

Trident and JV partners for Block G – located offshore Equatorial Guinea – have agreed to extend their Production Sharing Contract (PSC).

about 4 years ago
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