Swedish wave energy technology developer CorPower Ocean has secured up to €17.5 million in funding from the European Innovation Council (EIC) Accelerator to support commercializing its wave energy solutions. The company noted that the funding package includes a €2.5 million grant and a €15 million p
Offshore Energy spoke with Madoqua’s Chief Commercial Officer, Marloes Ras, about the current challenges and opportunities that could drive forward the adoption of green fuels in the maritime industry.
According to the Netherlands-headquartered Traffic Family, the country needs to diversify its gas supply to boost energy security and decrease its susceptibility to geopolitical pressure.
SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has been tasked with a study encapsulating the design and the commercial evaluation of various carbon capture systems’ configurations to be installed on future floating production, stor
Balmoral Comtec, part of Balmoral Group, has signed a memorandum of understanding (MoU) with LS Cable & System and LS Marine Solution to collaborate in the floating offshore wind sector and on the 750 MW Bandibuli/Firefly project in South Korea. The agreement with the Scotland-based buoyancy, protec
UK-based maritime nuclear innovation company CORE POWER has launched a U.S.-anchored maritime civil nuclear program, titled Liberty, that aims to bring floating nuclear power to market by the mid-2030s.
Japanese shipping companies NYK and ENEOS Ocean Corporation have revealed the name of the new company that will soon commence official operations as NYK’s subsidiary.
The Dutch company Van Oord has signed a contract with Equinor and Polenergia to perform seabed protection work at the Bałtyk 2 and Bałtyk 3 offshore wind farms in Poland. The contract covers the supply, transport, and installation of stone ripraps on the seabed to protect the cables and foundations.
Chevron Technical Center has expanded the strategic cooperation with France-headquartered seismic interpretation solutions firm Eliis to advance subsurface characterization through technology.
Petrobras has made a new oil discovery in the pre-salt area of its existing field off the coast of Brazil.
Construction has commenced on the Eastern Green Link 1 (EGL1) subsea electricity superhighway in the UK, which will transport green electricity for two million homes along over 190 kilometers of predominantly undersea cable linking the south-east of Scotland with the north-east of England. The 2 GW
Australian energy player Santos has started production from its infill well offshore Western Australia six weeks ahead of schedule.
A geophysical and geotechnical survey conducted offshore Viana do Castelo by Portugal’s WavEC Offshore Renewables has provided data on the seabed’s characteristics, supporting the development of floating offshore renewable energy projects. The study, carried out within the Technological Free Zone (Z
U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has kicked off the acceptance testing phase of its second Aquanaut vehicle, which facilitates the transformation of tethered remotely operated vehicle (ROV) operations to fully autonomous operations. Nauticus Ro
