Ocean Power Technologies, Inc. (OPT) today announced that it recently received approximately $1.75 million through the State of New Jersey’s Business Tax Certificate Transfer Program. The Program enables companies to raise cash to finance their growth and operations and is administered by the New Je
The Global Wind Energy Council (GWEC) and partners announced today the launch of a four year project to develop a roadmap for offshore wind development in India, with a focus on the states of Gujarat and Tamil Nadu. Supported by a € 4 million contribution through the European Union’s Indo-European C
Global oil and gas service company AGR is aiming to build on a highly successful year of offshore activity by further expanding its involvement in field abandonment projects. Having delivered several successful plug and abandonment contracts for exploration wells in the North Sea and the Norwegian S
Developer of the Swansea Bay Tidal Lagoon, Tidal Lagoon Power Ltd, has completed testing of its two-dimensional physical model at HR Wallingford in Oxfordshire. A section of bund wall has been constructed to scale in a 1.2-metre deep flume at HR Wallingford, where the stability of rock armour was te
Tidal Lagoon Power Limited, the development company behind the proposed Swansea Bay Tidal Lagoon, has successfully completed two-dimensional physical model testing. With planning applications due to be submitted shortly, a section of bund wall has been constructed to scale in a 1.2 metre deep flume
The development of the Kuvykin field in the Russian sector of the North Caspian Sea is taking form. Ramboll will contribute with pre-FEED studies for a drilling complex and topside living quarters designed for operation in arctic conditions. Early phase field development The Yuri S. Kuvykin field is
AGR’s Reservoir Management team in Oslo delivered two reservoir studies to the Norwegian Petroleum Directorate (NPD) which have been published in The CO² Storage Atlas of the Barents Sea. The CO2 Storage Atlas of the Barents Sea has been prepared by the Norwegian Petroleum Directorate, at the reques
Petrobras announces that, at the Operational Committee meeting of January 21, the consortium formed by Petrobras (40%), Shell (20%), Total (20%), CNOOC (10%) and CNPC (10%), along with Pré-Sal Petróleo S.A. (PPSA), approved the 2014 Working and Investment Plan for the Libra oilfield. The main activi
Dana Petroleum has been awarded three new exploration licences by the Norwegian Ministry of Petroleum and Energy. The licences are part of the 2013 Awards in Pre-defined areas (APA 2013) in what was a record year for the number of companies applying for available acreage. Dana has been offered opera
At an exclusive event in London on 20th January 2014, DNV GL presented the outcomes of the Energy Technologies Institute’s (ETI) groundbreaking £8m PerAWaT wave and tidal energy project. Led by DNV GL, the PerAWaT consortium started with the underlying physical principles and built up a comprehensiv
The Australian Marine Conservation Society has called on the Federal Minister for Environment, Greg Hunt, to ensure that the Independent Commission of Inquiry into dredging at Gladstone Harbour investigates serious allegations of cronyism and corruption of process. AMCS Great Barrier Reef campaign d
Petrolia Norway AS, a fully owned subsidiary of Petrolia SE, has been awarded a new license in the 2013 Award in Predefined Areas (APA) in Norway. “Petrolia Norway is pleased to have been awarded 20 per cent of license PL 739S in APA 2013. This was the only license we applied for of the licenses [&h
New licenses in the Barents Sea and the North Sea are to contribute to the growth in DONG Energy. The Norwegian oil and energy department awarded exploration licenses to 48 oil companies in the yearly license round, APA. DONG Energy’s Norwegian oil and gas business concluded a successful application
Interchange Limited, a Vanuatu-based company, is expanding its undersea infrastructure with a new cable system spanning more than 3000km that will link the Pacific islands of Vanuatu, the Solomons and Papua New Guinea. The new system will use Alcatel-Lucent’s submarine technology to deliver ultra-br
