Australian Government informed that it would match private investment to fund an expedition to search for the missing WWI submarine HMAS AE1. HMAS AE1 was lost without a trace on September 14, 1914, while patrolling waters off then German New Guinea, with the cause of the disappearance still unknown
Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has reported net loss of $2.1 million for the three-month period ended September 30, 2017. This result compares with quarterly profit of some $7.5 million in the corresponding period in 2016. The Singa
Nova Innovation has been hailed as a tidal energy game changer by the Offshore Renewable Energy (ORE) Catapult, the UK’s flagship innovation center for offshore renewable energy.
Wave Energy Scotland (WES) is looking to invest in two short projects that are expected to help shape the organization’s future research and development programs.
RTS Wind is currently involved in the commissioning works at the 350MW Wikinger offshore wind farm located in the German Baltic Sea.
Norwegian vessel owner Eidesvik Offshore has posted quarterly profit of NOK 29 million (approximately $3.5 million) or NOK 0.98 per share, against loss of NOK 148 million (approximately $18 million) or NOK 4.90 per share for the quarter that ended on September 30, 2016. Result for the first nine mon
Intertek Energy & Water has released a research paper that investigated the implications of misaligned flow on tidal energy turbines.
Spectrum has started a multi-client 2D seismic survey covering the Austral and Malvinas basins offshore southern Argentina through the authorization of the Ministry of Energy and Minerals. The expected survey size is around 14,500 km but may vary based on input from the participating clients, the co
The second part of the foundation installation campaign at the Beatrice offshore wind farm site will start with the return of the Seaway Heavy Lifting’s largest vessel, Oleg Strashnov, and its associated support vessels. The vessel is scheduled to carry out the installation works for approximately o
QED Naval has completed the commissioning of all onboard ballast and instrumentation systems on the Subhub tidal energy platform.
Horizon Geosciences has appointed Ross Compton as the company’s new project manager. Compton has an MSc in Applied Marine Science, a PhD in Marine Studies and 12 years’ experience in the offshore industry having joined WGP Seismic in 2005. He joins Horizon from RPS where he was most recently respons
The Chief Executive Officer (CEO) of Waves4Power, Ulf Lindelöf, has resigned from the position after five years.
CGG said that its shareholders have approved all the resolutions required to implement the financial restructuring plan. Jean-Georges Malcor, CEO of CGG, said: “We thank the shareholders for their decisive support for the future of the company. This favorable vote is a new key step forward in the im
Swedish wave energy developer CorPower Ocean has released a video update on HiWave & HiDrive projects as it prepares to move its stage 3 wave energy device from Stockholm to Orkney.
