French-based osmotic power pioneer Sweetch Energy has secured €5.2 million to develop its first full-scale osmotic power prototype and start the industrialisation phase for the novel clean power source.
Offshore hydrographic survey specialist Nicola Offshore has joined forces with ocean monitoring expert Cyprus Subsea Consulting and Services to boost the acquisition of marine data.
Classification society ABS has decided to join SOFC4Maritime, a joint development project (JDP) to accelerate the development of the solid oxide fuel cell (SOFC) technology.
Marine robotics company Ocean Infinity and geotechnical drilling experts Gregg Drilling have formed a joint venture (JV) to provide geotechnical services to offshore markets in traditional and renewable energy sectors.
U.S. oil major Chevron, together with Norwegian company Moreld Ocean Wind, is set to invest in offshore wind technology at Ocergy, a U.S. company developing a low-cost floating wind foundation and a multi-disciplinary environmental monitoring buoy. Ocergy secured the investments through its Series A
Germany-based short-sea shipping company Rhenus Maritime Services acquired 60 per cent of the shares in compatriot ship and project consignment manager, Arkon Shipping & Projects, in March 2021.
Marine-i has agreed to support a year-long research programme that brings together three international businesses to identify the potential for wave, tidal and floating wind technologies to be deployed around the Isles of Scilly.
Swedish company CorPower Ocean has hired Bodycote, the world’s largest provider of heat treatments and specialist thermal processing services, to help optimise the key components of its C4 wave energy device.
Gas shipping company Navigator Holdings has signed a non-binding Letter of Intent with Naviera Ultranav Limitada to merge its fleet and business activities with Ultragas ApS. The merger of the two gas shipping companies would bring the combined fleet to a total 56 vessels. Specifically, Ultragas has
Subsea cables specialist Nexans Norway has signed an ROV services contract with subsea services provider IKM Subsea, reportedly worth NOK 200 million ($23.6 million).
Norway-based ballast water treatment (BWT) specialist Optimarin has seen its best-ever start to a year, with the company signing a series of fleet contracts, frame agreements and system orders to continue the positive trend recorded in Q4 2020.
UK-based oil and gas company Tullow Oil has committed to becoming a net-zero company by 2030 on its Scope 1 and 2 emissions.
Subsea UK and TechWorks have partnered up on a strategy to create new opportunities for the advancement of UK underwater technology, increase exports and create new jobs.
Chief executive officer (CEO) of Australian energy major Woodside will be retiring from the company on 3 June 2021.
