LS Cable & System has signed a memorandum of understanding (MoU) with Norway’s Equinor for cooperation on the 750 MW Bandibuli/Firefly floating offshore wind project in South Korea. According to LS Cable & System, the company has developed South Korea’s first dynamic submarine cable for floating off
A joint venture (JV) of UAE’s ADNOC Drilling and Alpha Dhabi is set to acquire a U.S.-headquartered provider of vision-based diagnostics and analytics services for the oil & gas sector for a consideration of approximately $45 million. The partners’ Enersol JV has agreed to acquire a 100% equity stak
UK’s ITM Power has concluded a technical milestone in electrolyzer technology development, having validated an additional 40% iridium loading reduction whilst maintaining stack performance and longevity.
The EURO-TIDES project is moving forward with plans to establish Europe’s path in tidal energy development with a 9.6 MW pilot tidal array by 2027, at the European Marine Energy Centre’s (EMEC) Fall of Warness tidal site in Orkney. Set to harness tidal resources with four 2.4 MW turbines from Orbita
U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has completed its initial 2024 Gulf of Mexico survey scope for UK’s energy giant Shell, carried out autonomously without a tether. The work, performed for Shell Exploration and Production Inc., covered inactive
Ocean Sun, a Norwegian floating solar company, has secured NOK 4 million (around $359,000) from the Research Council of Norway and Brazil’s Finep agency to advance a 250 kWp floating solar pilot project near Rio de Janeiro in 2025. According to Ocean Sun, the “Floating Photovoltaics on Membranes: D
Australia’s wave energy developer Carnegie Clean Energy has extended collaboration with Hewlett Packard Enterprise (HPE) by two years, focusing on integrating advanced artificial intelligence (AI) and high-performance computing into the company’s CETO wave energy technology. According to Carnegie Cl
Saab UK has completed inshore water testing for its Seaeye SR20 eWROV, marking what it says is a significant milestone in the development of the fully electric, work-class remotely operated vehicle (ROV). Last month, the SR20 underwent rigorous trials aimed at validating its specifications and perfo
UK-based tidal energy company Proteus Marine Renewables (PMR) has signed a memorandum of understanding (MoU) with Swedish bearing and seal manufacturing company SKF Marine and GE Vernova’s Power Conversion business to set a framework for delivering tidal turbine generation systems (TTGS) to develope
The Port of Rotterdam has decided to introduce a new geofence system, which is part of the first phase of the Just-in-Time sailing project aimed at reducing CO2 emissions and improving ship movement efficiency.
Singapore-based HEXA Renewables, in partnership with Taiwan’s government and backed by global infrastructure fund I Squared Capital, has commissioned the “world’s largest offshore floating solar power plant” in Changhua County, Taiwan. Spanning 347 hectares across four plots, the 373 MWac (megawatt
Vast Renewables has signed a development services agreement with GGS Energy to pursue methanol production in the Southwest United States (U.S.).
The INFINITY Project, coordinated by Sweden’s RISE Research Institute, has received €1.7 million in funding from the Clean Energy Transition Partnership (CETP) to advance lifetime-aware model predictive control (MPC) technology for wave energy converters (WEC). The three-year project, starting in De
Netherlands-headquartered subsea solutions provider N-Sea has completed a nearshore export cable repair in the Irish Sea after a fault in one of its client’s four subsea cables reduced transmission capacity between offshore and onshore substations. According to N-Sea, the company was awarded a contr
