CETO Wave Energy Ireland (CWEI), a subsidiary of Carnegie Clean Energy, has inked an assignment agreement that ensures its access to a berth reservation agreement within the Biscay Marine Energy Platform (BiMEP).
Norway-based ocean services provider DeepOcean has marked its 25th anniversary by reaching a CO2 emission reduction milestone which is said to keep the company on track toward its 2030 emission reduction target. DeepOcean announced that it had reduced its own CO2 emissions intensity by 18% since 202
Dutch Wave Power, a company developing technology to convert energy from waves at sea into electrical energy or hydrogen, has received a subsidy of over €99,000 for large-scale testing and demonstration of its technology in the North Sea offshore Scheveningen. The subsidy from the Wadden fund (Wadde
South Korean Taihan Cable & Solution is planning to set up a specialized test facility for high-voltage direct current (HVDC) cables as a response to the growing global demand. The dedicated test facility will be built on approximately 7,000 square meters of unused land at the Dangjin plant, which i
Norwegian seismic company PGS has secured a 4D contract in Northern Europe with what it describes as an “independent energy company”.
A consortium of Norwegian seismic companies PGS and TGS and American oilfield services company SLB has commenced a multi-client 3D seismic project to provide insights and assess the carbon storage potential across the Penyu Basin area in Malaysia.
Norwegian ship designer and shipbuilder Vard, part of Fincantieri, has appointed the current chief executive officer (CEO) of compatriot shipbuilder and designer Ulstein Group as its new CEO. Cathrine Kristiseter Marti, who will take over as the new CEO of Vard starting June 1, 2024, comes from the
Thailand’s national oil and gas company PTT Exploration and Production (PTTEP) and Thai public university Kasetsart University have signed a memorandum of understanding (MoU) focused on carbon capture and storage (CCS) technology, among other things. The collaboration aims to carry out research stud
Eco Wave Power is among the companies that felt the impact of the unpredictability surrounding the economy in 2023.
Norwegian state-owned firm Petoro has awarded AGR, part of ABL Group, with a frame agreement for the supply of independent consultancy and third-party verification studies across subsurface, drilling, and wells and field development. Petoro manages a direct financial stake in Norway’s oil and gas in
Oceaneering’s cable manufacturing facility in Rosyth, Scotland, has obtained Fit 4 Offshore Renewables (F4OR) status from the Offshore Wind Energy Council (OWEC) and ORE (Offshore Renewable Energy) Catapult. F4OR is a program designed to help prepare the UK supply chain to bid for work in the offsho
The Industrial Center for Doctoral Training in Offshore Renewable Energy (IDCORE) has secured £6 million (around $7.5 million) from the UK’s funding body, the Engineering and Physical Sciences Research Council (EPSRC), allowing the program to continue delivering education and expanding the partnersh
UK regulator North Sea Transition Authority (NSTA) has published two sets of guidance expected to help the industry prepare for first carbon storage injection. The UK Government last year set out its vision for the carbon storage industry pledging up to £20 billion investment and suggesting that it
Swedish company CorPower Ocean has been chosen to join the EIC Scaling Club, an EU-backed community of 100+ European high-growth deep-tech champions and their partners. Supported by the European Innovation Council, a flagship program of the European Commission with a budget exceeding €10 billion, th
