Norwegian Water Resources and Energy Directorate (NVE) has granted a license to Norwegian Ocean Power for the construction and operation of a 350kW tidal demonstration plant.
Norwegian oil & gas giant Statoil has reached another milestone as the world’s largest spar destined for Aasta Hansteen field sets sail for Norway. At 14:30 local time in South Korea the Aasta Hansteen spar left Hyundai Heavy Industries after it was recently floated out and loaded onto the world’s l
The Maryland Energy Administration (MEA) has allocated a combined USD 1 million for two new grant programs specifically targeting the offshore wind industry.
Macquarie Group is reportedly looking to take an equity stake in the Swansea Bay tidal lagoon project following the acquisition of the UK Green Investment Bank.
Italian oilfield services player has reported net profit of €47 million for the three months ended March 31, 2017, against €61 million in the same quarter last year. Adjusted net profit was €54 million, versus €61 million in Q1 2016. Revenues for the Q1 2017 were down, amounting to €2.26 billion, co
Oslo-listed marine contractor Siem Offshore has landed several global charter contracts including for its offshore subsea construction fleet. The 93.6 meters long OSCV Siem Marlin, designed for ROV and light construction duties, has started its contract in South America scheduled for 150 days. The 1
Swedish tidal energy developer Minesto has hired an engineering company Doosan Babcock to test a wing section of its Deep Green tidal technology.
Guidance Marine’s RangeGuard Monopole system has completed its sea trials on-board the Service Operation Vessel (SOV) Windea Leibniz on the Sandbank offshore wind farm in Germany.
Guidance Marine’s RangeGuard Monopole system has completed its sea trials on-board the Service Operation Vessel (SOV) Windea Leibniz on the Sandbank offshore wind farm in Germany.
C6 Technologies, an oilfield technology company offering solutions for well intervention and conveyance utilising composite materials, has informed that its new ComTrac system is performing field trials after completing test well runs. The company, a joint venture by Archer and IKM, currently has on
Norwegian seismic player, Petroleum Geo-Services (PGS) said it expects revenues for Q1 2017 of approximately $155 million ($203 million in Q1 2016), with an EBITDA of approximately $30 million ($79 million in Q1 2016). According to PGS, the low EBITDA is primarily driven by the relatively low multi-
Veripos, has won a contract for global navigation satellite systems (GNSS) positioning services with recently formed seismic contractor Shearwater Geophysical. Under the terms of the new agreement, Veripos will supply GNSS positioning services to Shearwater’s fleet of four marine seismic survey vess
Construction of the Hong Kong – Guam Cable system (HK-G) has officially begun, RTI Connectivity and NEC Corporation said on Friday. The 3,900 kilometer undersea cable, featuring 100 gigabit per second (Gbps) optical transmission capabilities, will deliver design capacity of more than 48 terabits per
New report from industry body Seafish has confirmed that the proposed Swansea Bay tidal lagoon scheme could be used to farm a range of marine species.
