Nautilus Minerals has entered into a financial advisory services agreement with Metals Logistics Investments and Eight Capital. MLI is a Dubai-registered advisory firm focusing on companies in the resource sector with professionals in the UK, Switzerland and the US. MLI is advising Nautilus on alter
BP has signed a ventures cooperation agreement with Aker BP to explore possible areas of cooperation in the development and deployment of advanced technologies in their businesses. Through their planned strategic alliance, BP and Aker BP intend to explore potential venture capital investments target
Prysmian has been awarded a new contract, worth €125 million, for an interconnection between the island of Crete and mainland Greece (Peloponnese region). The project was awarded by IPTO (Independent Power Transmission Operator), which operates the transmission system for Greece’s power grid. The co
Finnish wave energy developer AW-Energy and Italian company Enel Green Power have agreed to share know-how on WaveRoller licensing and technology to allow global project replicability.
Irish company Ocean Energy is making progress on the construction of its OE Buoy wave energy device that will, in addition to utility electricity supply, also be offered for use in the alternative marine energy markets.
Predictive analytics provider ONYX InSight has signed a contract with EDF Renewables to provide predictive maintenance services at the Blyth Offshore Demonstrator wind farm.
EnBW Energie Baden-Württemberg AG has begun constructing the service station for the Hohe See and Albatros offshore wind farms next to the Emden Airport in Germany.
James Fisher Marine Services (JFMS) has completed project scopes for marine energy developer Minesto as part of the first commercial 500kW Deep Green installation.
Subsea 7 has secured the award of a sizeable contract by Fieldwood Energy to Subsea Integration Alliance, a global partnership between Subsea 7 and OneSubsea, a Schlumberger company. According to Subsea 7, a sizeable contract is defined as being between USD 50 million and USD 150 million. The award
Subsea excavation specialist Rotech Subsea has completed two scopes of work in Vietnam for an undisclosed offshore energy contractors. The Aberdeen-based contractor put its TRS2 controlled flow excavation (CFE) tool to work offshore Vietnam on a freespan correction scope before a follow-on contract
The UK and export market for offshore wind products and services provided by UK-based firms is expected to be worth GBP 4.9 billion a year by 2030, according to a new prospectus by the former McLaren Group CEO and Formula One Team Principal Martin Whitmarsh.
EU-backed Marine-i initiative has organized an event to present the capabilities of High Frequency (HR) Radar in relation to offshore renewable energies, accompanied with the new web visualization tool launch that will be offered for use free of charge to Cornish businesses.
i-Tech Services, a Subsea 7 company, has strengthened its underwater inspection and maintenance capability with the provision of new mini ROVs for performing subsea operations in challenging environments. According to i-Tech, the mini ROVs are quick to deploy and can be transported easily to site vi
Irish company DesignPro Renewables has opened an opportunity for an experienced researcher to get involved in a renewable energy project related to hydrokinetic power under the SFI Industry Fellowship Programme.
