U.S. Department of Energy’s Water Power Technologies Office (WPTO) has awarded funding to seven projects supporting marine energy testing infrastructure upgrades across five national research laboratories.
Green Minerals, a subsidiary of SeaBird Exploration has signed a letter of intent with a consortium led by Oil States Industries (OSI) to collaborate on a FEED study for a turnkey harsh environment deep sea mining system (HEDSMS) against a long term contract for exclusive use within Norwegian jurisd
Korean engineering company Saman Corp. has hired Offshore Wind Consultants (OWC) to take on the owners’ engineering role at the 300 MW Sinan offshore wind project in South Korea. OWC will deliver owners’ engineering services including review of site conditions, contract support for detail engineerin
The U.S. state of Texas has an offshore wind potential in the Gulf of Mexico that could provide the state with 166 per cent of its electricity needs, according to the recently published Offshore Wind for America report, which found that offshore wind could meet 90 per cent of the U.S. projected 2050
Swedish marine energy company Minesto has delivered its second tidal kite to the Faroe Islands and verified that its power production performance is aligned with simulated predictions.
The Finnish technology group Wärtsilä has signed two 15-year optimised maintenance agreements with Japan-based NYK LNG Ship Management for two LNG vessels.
Subsea Energy Solutions (SES) has completed three projects for thermoplastic composite pipe (TCP) specialist Strohm, formerly Airborne Oil and Gas. For the projects, the UK-based SES provided a complete equipment package including its patented SUB-VBR Vertebrae Bend Restrictors and SUB-BALLAST-TCP B
German container shipping major Hapag-Lloyd AG revealed plans to issue a sustainability-linked corporate senior note in the amount of EUR 300 million (about $357 million).
A new project, dubbed VATTS, has been launched with the aim to demonstrate vertical axis tidal turbines coupled with battery storage technology in a demonstration planned for Strangford Lough later this year.
Sumitomo Australia, a subsidiary of Japan’s Sumitomo, agreed with the authorities of Gladstone, Australia, to develop an H2 ecosystem.
Sapura Energy has informed that its President and Group CEO Tan Sri Shahril Shamsuddin is retiring, after leading the group for more than 25 years.
French major Total on Tuesday said it has signed an LNG supply deal with China’s Shenergy Group.
Norwegian contractor Reach Subsea has alone, and together with its Swedish partner MMT, secured several contracts and call-offs under frame agreements. The company said Tuesday it now has approximately 800 project days in the bag for 2021 execution, compared with the 550 days announced in our 4Q 202
Canadian shipping company Canada Steam Ship Lines (CSL) will be testing second generation biodiesel on half of its fleet over the course of the 2021 navigation season — a first for the Great Lakes shipping industry.
