Marine Scotland has rejected a license application for a project comprising 15 tidal turbines at the Montrose Basin in Scotland, for which a License Application and Environmental Statement were submitted by a pharmaceutical and healthcare company GlaxoSmithKline (GSK) in March last year. The authori
In the construction of a subsea project, one challenge is the long delivery time of large steel forgings used for key components. This is mainly due to compliance with oil companies’ individual requirements. DNV is now inviting the subsea industry to jointly obtain synergies by developing a best-pra
Royal Dutch Shell plc (Shell) today announces a final investment decision in the Stones ultra-deepwater project, a Gulf of Mexico oil and gas development expected to host the deepest production facility in the world. This decision sets in motion the construction and fabrication of a floating product
PIRA Energy Group reported that demand for LNG fell from March to April and actual end user gas demand in countries importing LNG falls by even more. In the U.S., while regional gas prices rose month-on-month basis differentials weakened. In Europe, gas demand has dropped to levels not seen since 20
A major programme of offshore works are due to start tomorrow (Thursday, May 9) for the European Offshore Wind Deployment Centre (EOWDC) and which could lead to pioneering turbine foundation designs being developed at the more than £230million test facility. The programme involves a series of geotec
This year, during the celebration of the 12th Spanish Coast and Port Engineering Congress, Siport21 presented four projects which sum up part of their daily technical activity. Two of them were carried out for mexican ports: the Manoeuvrability Study of Port of Altamira and Ship Manoeuvring Study of
Sea Wave Energy Ltd. (SWEL) is a new-entrant renewable energy business, focused on the marine sector. It was established to exploit the intellectual property of its Waveline Magnet device, a wave energy converter that is the culmination of eight years’ research and development. In March 2013, the la
Sea Wave Energy Ltd. (SWEL) is a new-entrant renewable energy business, focused on the marine sector. It was established to exploit the intellectual property of its Waveline Magnet device, a wave energy converter that is the culmination of eight years’ research and development. In March 2013, the la
Exxon Mobil Corporation is commencing development of the Julia oil field in the Gulf of Mexico. Capital cost for the project, which is expected to begin oil production in 2016, is estimated to be more than $4 billion. The field was discovered in 2007 and is estimated to have nearly six billion barre
In their new study entitled “Offshore Wind Toward 2020 – On the Pathway to Cost Competitiveness“, the experts at Roland Berger Strategy Consultants state that they expect Europe to have installed offshore wind capacity of 40 GW by 2020. In the same year, global investment to ramp up offshore wind po
Lockheed Martin has announced that it is working with Reignwood Group to develop an Ocean Thermal Energy Conversion (OTEC) pilot power plant off the coast of southern China. A memorandum of agreement between the two companies was signed in Beijing on Saturday. Following the ceremony, both companies
Lockheed Martin is progressing with Ocean Thermal Energy Conversion.The company has recently signed a memorandum of agreement with Reignwood Group to develop an Ocean Thermal Energy Conversion (OTEC) pilot power plant off the coast of southern China. Known as OTEC, this technology generates electric
Fundy Tidal Inc. (Fundy Tidal), Acadia University, and Dalhousie University’s Department of Oceanography will continue R&D activities to identify the best locations for small-scale tidal power projects in Digby County bolstered by a three-year, $3.3 million research project. Funding of $1.6 million
TAQA today issued an update regarding the situation at the Cormorant Alpha platform in the UK North Sea. After two hydrocarbon releases within a leg of the Cormorant Alpha platform in January and March, TAQA has accelerated a long-term inspection, repair and maintenance programme that has been under
