Aquamarine Power, the pioneering wave energy company, has agreed a £3.4 million loan with Barclays Corporate in a deal that marks an important milestone for investment in the marine energy sector. The groundbreaking transaction is the first time a UK marine energy project has succeeded in securing b
Dr Vince Cable, Secretary of State for Business, Innovation and Skills, has visited Aker Solutions to find out more about the company’s grow… (SubseaUK) [mappress] Source: SubseaUK, Sptember 05, 2011;
China’s oceanic agency has ordered ConocoPhillips China to do more to prevent and clean up offshore spills in the Bohai Bay that have raised… (seattletimes) [mappress] Source: seattletimes, Sptember 05, 2011;
After a long development cycle, SubC Control media center is finally ready for real-world demanding applications. It has proven itself on a recently completed job with Subsea 7 in Newfoundland, Canada. In this application it was used to stream live video from one vessel to another. They have also up
A powerful earthquake struck off the island nation of Vanuatu on early Sunday morning, seismologists said, but there were no immediate repor… (myweathertech) [mappress] Source: myweathertech, Sptember 05, 2011;
On September 1st the 274-foot Naval research vessel Thomas G. Thompson pulled into Newport, Oregon. Its crew of researchers, engineers, grad… (singularityhub) [mappress] Source: singularityhub, Sptember 05, 2011;
Oman’s biggest private mining firm, Mawarid Mining Company, a subsidiary of MB Holdings Company LLC, plans to acquire a stake in Canadian mi… (omanobserver) [mappress] Source: Oman Observer, Sptember 05, 2011;
A £42m system designed to carry electricity from wave energy machines off Cornwall to the mainland has yet to be used, a year after installation. The wave hub, 10 miles off Hayle, is designed to allow companies to test their wave energy devices. Only one of the five wave energy companies originally
Scientists can now remotely monitor the ocean’s changing chemistry with help from some of the five-foot-tall Argo floats that drift with deep ocean currents and transmit data via satellite back to land. A new and innovative method shows how readings of the acidity (pH) and total carbon dioxide (CO2)
Emerson Process Management has launched its new downhole flow sensor system. The new system will, for the first time, generate multiphase flow measurements from downhole in the well, leading to increased operator understanding of reservoir flow and zonal contributions from wells and increased produc
EirGrid plc, the independent electricity Transmission System Operator in Ireland, is building a new electricity link called the East-West Interconnector (EWIC) between the electricity grids of Ireland and Great Britain (GB), through its wholly owned subsidiary EirGrid Interconnector Limited (EIL). I
Sound of Mull Artificial Reef Trust (SMART) is looking to commission a feasibility study for the placing of an artificial reef in the Sound of Mull, West Coast of Scotland. The reef will be a decommissioned British Naval vessel. The feasibility will have to consider the economic, technical and envir
The AF Group has signed a contract with DeepOcean to demolish and recycle Statoils loading buoy at Statfjord C. For AF Group the contract comprises planning, engineering and preparation offshore, bringing the buoy onshore and recycling. DeepOcean has total responsibility for the contract, including
GSP provides ROV and ROV crew, subsea compensated crane and marine crew for the South Stream project. GSP Prince is mobilized to provide services for an estimated six months period under a contract with one of the contractors, Peter Gas. GSP Prince, the DP2 Divers & ROV Survey Offshore Support Vesse