Odyssey Marine Exploration, Inc., a leader in the field of deep-ocean exploration, announced that it has delivered an additional closing notice for the Second Tranche of the financing that was previously announced in November 2011. The Company and the investor have agreed to a Second Tranche amount
New guidance has been produced by the International Marine Contractors Association (IMCA) on the use of ‘hold-back’ vessels during diving operations. These are towing (or other) vessels that provoke additional security for DP (dynamically positioned) vessels engaged in critical operations by means o
Modus Seabed Intervention, one of the North East’s leading subsea specialist companies, believes membership of a new industry partnership will bring even greater success in the North Sea renewable energy market. Provisionally known as Norstec, the partnership is a global network of businesses aimed
Installing wind turbines is not just about finding the spot where the wind blows the strongest. A team of researchers from the University of Delaware and Stanford University found out that if they place wind turbines in different locations they can get more leveled and uniformed power. The study was
The Naval Sea System Command’s Supervisor of Salvage and Diving (SUPSALV) and Surface Maintenance Engineering Planning Program (SURFMEPP) recently implemented a new process that will help to streamline the recording and brokering of work orders for damage found by divers during Navy ship hull inspec
Central Maine Power, Bangor Hydro Electric Co. and Maine Public Service Co. will negotiate a 20-year contract with Ocean Renewable to put tide-generated electricity onto the grid this summer, reported Associated Press. The Maine Public Utilities Commission created a contract term sheet for the proje
The Technology Strategy Board is to invest up to £1 million in feasibility studies, to be led by SMEs, which will stimulate innovation in the oil and gas sector and accelerate the development and deployment of new technologies. Proposals for the studies should focus on the areas of increasing oil an
Dr Peter Heffernan CEO, Marine Institute, and Prof Ian Wright, Deputy Director, Science and Technology, National Oceanography Centre (UK) signed a Memorandum of Understanding (MoU) in the presence of the Minister for Agriculture, Food and the Marine, Simon Coveney, TD, to foster closer co-operation
Grand Valley State University and Michigan Technological University joined a public-private business in search for funding of the initial engineering and design of the new floating turbine technology for the Great Lakes, according to Associated Press. Lead agency, requesting funding from the Departm
The International Energy Agency (IEA) launched its 2012 Tracking Clean Energy Progress report at the third Clean Energy Ministerial in London. The report measures progress in the global development and deployment of energy-efficient and clean energy technologies in the industry, building, power gene
Renewables businesses in the Humber are being urged to get involved with a new development in wind technology. Ambitious plans have been unveiled for floating wind turbines to harness more offshore wind power at potentially lower cost. The UK and US are set to work together to develop floating wind
Hydrodynamicists at Pelamis Wave Power have published a scientific paper that could have profound implications for the race to commercial production of wave energy converter machines, after proving the theoretical advantage of line absorbers over point absorbers. The paper entitled “Maximum wave-pow
Hydrodynamicists at Pelamis Wave Power have published a scientific paper that could have profound implications for the race to commercial production of wave energy converter machines, after proving the theoretical advantage of line absorbers over point absorbers. The paper entitled “Maximum wave-pow
Narec (National Renewable Energy Centre) has officially submitted an application to the Marine Management Organisation for permission to develop the Blyth Offshore Wind Demonstrator Centre, reported News Post Leader. Narec has placed the infrastructure for an offshore demonstration platform with gri
