Spearheaded by oceanographic experts from German Group Operations MBT, MacArtney has delivered the full connectivity package for the innovative UFO (Underwater Fish Observatory) which was recently deployed in the North Sea. Realised through successful cooperation between the Hamburg based Thünen Ins
Wavepower, a private investment company concerned with wave energy sector, is looking to invest in wave power technologies or companies, as well as expanding their team. Wavepower, based in Glastonbury, plans to fund the technology developers they invest in, from their current stage all the way to c
The Wave Energy Prize is a public prize challenge sponsored by the U.S. Department of Energy’s Water Power Program that aims to encourage the development of more efficient wave energy conversion (WEC) devices. Registration for the Wave Energy Prize opens online on April 1, 2015, with access to the W
A four-metre-high device, built and installed by local company MPM North West Ltd, is being tested to assess its capabilities of generating electricity using wave power. If the test results for the prototype are encouraging then MPM North West could go on to build more devices for installation aroun
The system consists of barges that are linked to fixed beams, parallel to the coast, with steel bars and support bearings. Every barge independently makes movements vertically on the surface. The ropes, constantly fixed on the barges, transfer these movements to the intermediate shafts. There is an
Port Saint John, one of the major ports in the Atlantic Gateway – only an hour from the border and the US Northeast, has made great strides over the past two years with a resurgence of port activity and the attraction of some of the world’s top container shipping lines including Mediterranean Shippi
TechNavio, a tech-focused research firm, has published a new report on the Global Offshore Wind Power Market, which is expected to grow at a CAGR of 17.5 percent from 2014-2019. Manufacturers and operators in the market used to find it difficult to finance offshore wind farms, due to the high costs
Subsea World News has put together a recap of the most interesting articles from the previous week (January 19 – January 25). Oilfield services major, Schlumberger, decided to reduce its overall headcount, in response to lower commodity pricing and anticipated lower exploration and production spendi
UK Government is seeking opinions from the stakeholders regarding the approach it would take if it decides to enter into Contract for Difference (CFD) negotiations for the Swansea Bay Tidal Lagoon project in South Wales. This represents Government’s new transparency approach for the engagement with
AOE Accumulated Ocean Energy Inc. (AOE) and T’Sou-ke Economic Development Limited Partnership (TED LP), a T’Sou-ke Nation-owned partnership, have completed an agreement to pursue business opportunities located in the traditional territory of the T’Sou-ke Nation (located on Vancouver Island, British
Accumulated Ocean Energy (AOE) and T’Sou-ke Economic Development Limited Partnership (TED LP), a T’Sou-ke Nation-owned partnership, have formed an agreement to develop renewable energies, with the first project focused on energy generation from the waves. The newly formed partnership is called T’Sou
Accumulated Ocean Energy (AOE) and T’Sou-ke Economic Development Limited Partnership (TED LP), a T’Sou-ke Nation-owned partnership, have completed an agreement to pursue business opportunities located in the traditional territory of the T’Sou-ke Nation called the T’Sou-ke Ocean Energy Limited Partne
The wave energy device is installed in Pecém wave power plant that was financed by the Tractebel Energia SA and supported by the government of Ceará, Brazil. The energy generated has the potential to produce 87 GW of electricity. The prototype was designed by Coppe Subsea Technology, and its capacit
Mojo Maritime and IKM Subsea have secured an EU Horizon 2020 Grant to develop an ROV which would be used in high energy tidal sites and operated from Mojo’s energy vessel HF4. Mojo Maritime, British tidal energy developer, and IKM, Norwegian ROV manufacturer, joined forces in mid-2014 to bid for EU
