United Oil & Gas’ North Sea discovery, envisioned as a subsea tie-back, has been valued at £109.1 million on an unrisked basis.
CorPower Ocean and energy academics from Edinburgh University have completed a rigorous Life Cycle Assessment (LCA) of a wave energy array, showing its global warming potential to be 20-40 times lower than conventional fossil fuel electricity generation.
The offshore energy industry made it clear long ago that hydrogen will play an important role in the efforts to reach net-zero and achieve decarbonization targets. Many steps have been taken in this direction so far, but this week hydrogen made a grand entrance with the announcement that the world w
Minesto has informed that the commissioning results of its Dragon Class tidal power plant in Faroe Islands have verified commercial performance and are fully in line with simulation results.
Spanish autonomous underwater vehicle (AUV) designer IQUA Robotics and partners are jointly carrying out a project named Platform for Long-lasting Observation of Marine Ecosystems (PLOME), aiming to develop an underwater platform to intelligently monitor marine ecosystems in real time. Specifically,
Scottish company Mocean Energy has begun tank testing models of its 250kW Blue Horizon wave energy machine as part of the EU-funded EuropeWave program.
Wave Energy Scotland (WES) has embarked on a market probing exercise into the techno-economic benefits of shared services and infrastructure for wind and wave energy generation technologies and projects.
Vattenfall has submitted a bid in the Hollandse Kust West offshore wind tender in the Netherlands. According to the details of the company’s plan, unveiled on 5 July, the project Vattenfall proposes to build would see Netherlands becoming the home of the world’s first offshore green hydrogen cluster
Swedish company CorPower Ocean is looking to expand its ‘world-class’ team of ocean energy experts with several new positions up for grabs.
Vestas, in collaboration with Windcat Workboats, is launching a pilot programme to explore how a hydrogen-powered crew transfer vessel (CTV) can help reduce carbon emissions from offshore service operations. Developed by Windcat Workboats and its sister company CMB.Tech, who recently said this was t
Van Oord has ordered the construction of two additional water injection dredgers (WIDs) from Kooiman Marine Group. This comes after the successful operation of sister vessels Maas and Mersey in 2021. The new WIDs will have the same specifications, supplemented by innovative optimisations. According
SBS and its state-owned partner Indonesia Power have received expression of interest (EoI) from UK Export Finance Agency (UKEF), confirming multi-million dollar project development financing for a tidal power scheme in Indonesia
UK-based Rovco has signed a contract with Van Oord to carry out subsea investigation works on the 759 MW Hollandse Kust Noord offshore wind farm in the Dutch Sea. Under the contract, Rovco will perform unexploded ordnance (UXO) investigation and identification campaign, as well as survey work across
Only 33 out of 94 (35%) of the world’s major shipping companies have a clearly expressed target to be net zero by latest 2050 or have committed to IMO targets of 50% absolute reduction in 2050 compared to the 2008 level, a new study shows.
