Namaka Compliance has signed an MOU with Presco, a specialist training company based in Mexico and part of the CEMZA group. This collaboration will involve Namaka Compliance working with Presco, and their local partner, in the Gulf of Mexico and Latin America to deliver Bridging the Skills Gaps, a L
Scottish developer of floating tidal energy technology Orbital Marine Power has recently conducted a tank testing campaign on a scale model of O2 tidal turbine at Flowave Ocean Energy Research Facility.
MOST Maritime has acquired Saab Seaeye Falcon remotely operated vehicle to assist in detection of hazardous substances in waters offshore Turkey. Turkish firm provides global emergency response services for petroleum as well as other harmful substance spills in the sea and inland waterways worldwide
The Australian-based Carnegie Clean Energy has seen red in its latest earnings report as the company swung to a net loss when compared to same period last year.
Nova Scotia Power, the owner of the Annapolis Tidal Generating Station, has decided to retire the 37-year-old power plant following a failure related to its electrical system.
Subsea engineering specialist Oceaneering has narrowed its loss in the fourth quarter of 2020, despite revenue drop of close to 25 per cent. The Houston-based company has reported a net loss of $25 million on revenue of $424 million for the fourth quarter 2020. Adjusted profit was $1.8 million, refl
Norwegian technology group Norbit has received an order for multiple WINGHEAD sonars from a ‘leading global survey company’. The NORBIT WINGHEADs will go on an unmanned surface vessel (USV) utilised on marine renewable energy projects. According to Norbit, the order has a value of approximately NOK
Subsea technology company Rovco has appointed Simon Miller to take over as new managing director. Newly-appointed chief financial officer and director Nick Boorman will lead the group alongside CEO and founder Brian Allen. Miller previously spent 12 months as general manager at Rovco’s operational b
Ocean Energy Europe (OEE) has released a statistics report for ocean energy sector in 2020 which shows that in spite of the inevitable delays and restrictions caused by Covid-19, ocean energy devices still hit the water, significant investments deals were signed, and new manufacturing facilities lau
IECRE has launched a survey to better understand the growing needs for certification in the marine energy sector and develop corresponding services by certification bodies and test facilities worldwide.
Project SafeWAVE, supported by €1.5 million from the European Maritime and Fisheries Fund (EMFF), has been officially launched with the aim to address the environmental concerns related to wave energy technologies.
Port of Antwerp is deploying an autonomous drone for the first time to maintain safety at the port’s critical infrastructure. The fully-independent drone will test various use cases in the field of inspection and control, the goal being to establish a network of autonomous drones in 2022. These wil
Forum Energy Technologies has seen its loss widened in the fourth quarter 2020 on asset impairments and restructuring costs as well as revenue drop of some 44 per cent. The Houston-based energy sector products company recorded Q4 2020 loss of $32.7 million, or $5.85 per diluted share. This result co
Researchers from the University Otto von Guericke of Magdeburg in Germany are developing turbine blades with special integrated drives which could boost the efficiency of extracting clean power from the tides.
