Statoil and its partners have decided to invest just over NOK 5 billion ($643 million) in the further development of the Snøhvit field in the Barents Sea, which will provide feedstock for the LNG plant at Melkøya in Hammerfest. The development of Askeladd is part two of the multi-phased Snøhvit deve
Danish wave energy developer Wavepiston has installed its latest version of the wave energy collector on the prototype string deployed off the coast of Denmark.
Wello’s Penguin wave energy device has marked its one-year anniversary of continuous deployment in Orkney, Scotland.
Belgian transmission system operator Elia has awarded Heerema Fabrication Group (HFG) with a contract for the fabrication of the Offshore SwitchYard (OSY) platform for the Modular Offshore Grid (MOG) project in the Belgian North Sea.
Belgian transmission system operator Elia has awarded Heerema Fabrication Group (HFG) with a contract for the fabrication of the Offshore SwitchYard (OSY) platform for the Modular Offshore Grid (MOG) project in the Belgian North Sea.
EGS Group has signed a contract with Chevron Thailand Exploration & Production to undertake offshore geophysical data acquisition in the Gulf of Thailand. According to the company, the contract will last for three years. As part of its commitment, EGS will carry out the provision of high quality geo
Subsea 7 has been awarded a substantial contract by BP for the provision of subsea inspection, repair and maintenance (IRM) services on both the Azeri-Chirag-Gunashli (ACG) and Shah Deniz (SD) fields, offshore Azerbaijan. Subsea 7 has defined the substantial contract as being between USD 150 million
Tidal Energy Today has compiled the top news from tidal and wave energy industry from March 5 – 11, 2018.
The EPICTidal project team has conducted rotor blade performance assessment using a submersible tidal turbine test rig in the hydrodynamic test tank at Haslar Marine Technology Park.
Swansea-based wave energy developer Marine Power Systems (MPS) has concluded tow testing of the WaveSub wave energy device in the Milford Haven Waterway.
Forum Subsea Technologies and BluHaptics have entered a joint agreement enabling technologies from both companies to be combined to provide solutions for ROV and subsea engineering applications. The VMAX Software is a 3D ROV simulation product, which is used for training and evaluation of ROV pilots
Aberdeen-based energy services company Proserv has entered into a restructuring agreement with its principal lenders in order to strengthen its long term financial structure. The agreement will result in up to $50 million of fresh capital being injected into the business and will see existing lender
The Japan Coast Guard (JCG) has expanded its unmanned ocean observation fleet of Wave Gliders to the 9th Regional District, headquartered in Niigata, Japan. This growth is part of JCG’s multi-year, ocean monitoring program to provide situational awareness of ocean currents, wave activity, and weathe
The recently completed InSTREAM project has found significant differences between the turbulence characteristics in the tank and in the field.