Fugro has reported a revenue of €833 million for the first half of 2022, an increase of 17.2% compared to the same period last year, driven by growth in all markets, particularly high client demand for renewables services. Utilization of Fugro’s fleet was 67% in the first half-year, versus 69% in th
Sea Wave Energy Limited (SWEL) is looking to form strategic alliances to assist it with the final tests on a pilot Waveline Magnet model, and drive forward the commercialization of its wave energy technology.
Wave Energy Scotland (WES) has launched a tender for a study into the techno-economic benefits of shared services and infrastructure for wind and wave energy generation technologies and projects.
Swedish company CorPower Ocean has unveiled its first commercial-scale composite hull, which is an integral part of its next generation C4 wave energy devices.
Rystad has revealed that Guyana’s offshore oil & gas industry is poised to enter the big league with revenues set to break $1 bln in 2022.
Wood Mackenzie, an energy intelligence group, spots common threads between the energy super basins of the future.
Swedish company Ocean Harvesting Technologies has filed a new patent application for an improved wave energy system with standard components.
The stability of Russian gas flows to Europe remains uncertain, despite the reopening of the Nord Stream 1 pipeline, as further disruptions are expected as winter approaches, Wood Mackenzie stated, outlining two potential scenarios. Nord Stream restarted gas transmission yesterday, 21 July, after a
Finnish marine and energy technology group Wärtsilä has completed its orderly exit from the Russian market following its announcement of scaling down activities in April 2022.
Danish company Wavepiston has through its ongoing capital raise secured €600,000 in investment commitments that will be used to further advance its wave energy technology.
Norway has recorded a high level of exploration activity in the first half of 2022, which has led to six discoveries so far.
Ministry for the Ecological Transition and the Demographic Challenge (MITECO) of Spain has drafted a plan for four aid programs totaling €200 million, designed to boost investment in pilot projects, test platforms, and port infrastructure for marine renewable energy.
DNV has signed a memorandum of understanding (MoU) with Korean floating solar suppliers to explore business cooperation opportunities with the aim of increasing the number of floating solar plants in Korea and globally.
Japan’s energy player Inpex has signed a statement of commitment to a net zero emissions future with the government of Australia’s Northern Territory, the location of the Ichthys LNG project’s gas liquefaction plant.
