Prysmian Group said it is moving ahead with its project for a new submarine power cable plant in the U.S., announcing the signing of the contract for the purchase by Prysmian of the site identified in Brayton Point (Massachusetts). The final…
Tidal energy company Nova Innovation plans to develop its largest tidal energy array to date at Yell Sound in Shetland. The company has been awarded an Option Agreement from Crown Estate Scotland to develop a 15MW tidal array at Yell Sound, between the islands of Yell and Bigga…
Marine technology company, Sonardyne said Tuesday it had launched a secure, wireless underwater initiation capability aimed at improving the safety and efficiency of unexploded ordnance (UXO) clearance during offshore energy projects with the…
On April 20, 2010, the offshore oil rig Deepwater Horizon exploded, burned, sank in the Gulf of Mexico and terrified the world. This horrific accident — recorded as the largest oil spill in history — killed 11 workers and released 210 million gallons of crude oil into the ocean…
Energy technology company Baker Hughes announced it has opened a new 'supercenter' facility for oilfield services and equipment in Guyana. The facility, which spans more than 8 acres, will support regional customers and bolster Baker Hughes’ localization efforts within South America…
South Korean wave energy developer INGINE revealed ambitious growth plans for 2022,its10th anniversary.Today the company is approaching a landmark fifth year of wave energy operation in North East Asia, via the Jeju Bukchon Wave Power Plant built in 2015…
Engineering and technology group, Technip Energies has acquired a 16.3% stake in X1 Wind, a startup that has designed 'an innovative and disruptive' offshore wind turbine floater.Technip Energies is the lead investor in this funding round, which…
Norwegian oil services firm Aker Solutions raised its 2022 revenue outlook on Tuesday and said its earnings margin is likely to increase this year while order intake is headed for a record high, sending its shares sharply higher.The company…
Offshore seismic surveyor Shearwater GeoServices has signed a technology sale and transfer deal with the oil firm ConocoPhillips, involving seismic imaging technology that will be implemented in Shearwater's Reveal software.According to Shearwater…
OCTIO, as of recently a subsidiary of Reach Subsea, has secured a multi-year geophysical monitoring contract with Shell in Norway for the Ormen Lange offshore field. “OCTIO welcomes the opportunity to continue to support A/S Norske Shell at Ormen Lange…
In a recent interview with Maritime Reporter TV, Philip Lewis, Director of Research, Intelatus Global Partners, breaks down the U.S. Offshore Wind market 'By the Numbers.'Let's look at the world . There's around 75GW of offshore wind farms, either operational or being built in the world today…
AWS Ocean Energy's wave energy converter, designed for remote power applications such as powering subsea oilfield assets, has arrived in Orkney ahead of its imminent deployment at the European Marine Energy Centre (EMEC). The 16 kW Archimedes Waveswing arrived at Hatston Pier…
The U.S. Department of Energy (DOE) announced $25 million in funding to support increased research, development, and demonstration of technologies that harness wave power to create electricity. Wave energy converters, which capture and convert waves into carbon-free electricity…
Oasis Marine Power said Thursday it had completed the first stage of testing of its offshore charging station.The Oasis Power Buoy is an offshore mooring and charging station with a zero-emission power source fed from wind turbines. 'Initially…
Scottish tidal energy firm Nova Innovation in partnership with the French tidal energy company Sabella has have secured a 12MW berth at one of what has been described as one the world’s largest tidal energy sites off the coast of Holy Island…