Ocean Winds, a 50-50 joint venture by EDP Renewables and ENGIE, has selected P&Q to construct an onshore substation for its 500 MW BC-Wind offshore wind farm in Poland.The contract includes the design, construction, installation and commissioning of an onshore power station…
CorPower Ocean has secured financial backing from Vinnova, Sweden’s national innovation agency, for a project exploring the adoption of artificial intelligence (AI) for improved performance and control in wave energy technology.The WACE project…
Next Ocean, a Dutch developer of Vessel Motion Radar systems for offshore wind and oil and gas industries, has secured seed investment from Arches Capital to drive its business expansion.This funding will accelerate Next Ocean’s growth, enabling the company to scale production…
American Bureau of Shipping (ABS) has awarded Hanwha Ocean an Approval in Principle (AIP) for its Pre-FEED standard FPSO design intended to create an asset optimized for deployment in the deep waters of West Africa.The FPSO design is 340 meters long and capable of storing approximately 2…
Seatrium and the Technology Centre for Offshore & Marine, Singapore (TCOMS) have agreed to explore cyber-physical modelling capabilities for predicting environmental loads on FPSOs.Following the scaled model testing of the latest series of FPSOs…
CorPower Ocean has secured $35 million (€32 million) funding in an investment round set up to support the commercial roll out of its wave energy technology.The Series B1 investment round was led by NordicNinja, the largest Japanese backed VC in Europe…
Ocean Power Technologies (OPT) has completed more than four months of offshore testing of its next generation PowerBuoy in the Atlantic Ocean off New Jersey.The solar and wind power equipped PowerBuoy also featured OPT’s proprietary artificial intelligence capable Merrows suite of solutions…
Ocean Infinity has received a Statement of Compliance (SOC) from DNV for its remotely supported vessel operations, marking industry's first such achievement.The approval from DNV, the world's leading classification society, establishes Ocean…
Swedish wave energy company CorPower Ocean is nearing completion of planned on-land inspection and upgrades of its first commercial-scale wave energy device, C4, following its first deployment offshore Portugal. The upgrades being implemented…
Norwegian offshore vessel owner Solstad Offshore has signed a five-year contract for its subsea construction support vessel (CSV) Normand Ocean with Prysmian Powerlink.With the contract, the vessel will be on a firm contract with Prysmian until 2032…
Swedish developer CorPower Ocean has completed the first cycle of ocean commissioning program of its C4 wave energy device offshore Portugal, verifying all key aspects of the system and marking a ‘crucial milestone’ for the wider wave energy sector…
The BOOST project consortium, coordinated by Norwegian company Ocean Sun, has deployed a 270 kWp-rated offshore floating solar demonstrator close to the port of Tazacorte at La Palma, one of Spain’s Canary Islands.Partially funded by the European Union…
Offshore vessel owner Maersk Supply Service, A.P. Moller – Maersk, and The Ocean Cleanup have agreed to extend their collaboration to complete the validation of the system by The Ocean Cleanup which is said to be able to consistently capture significant quantities of plastic from the ocean…
Aberdeen-based offshore energy industry services firm Three60 Energy said Wednesday it had acquired Pryme Group and Flexlife 'to create a £200 million industrially diversified global business with huge growth potential.'Founded in 2014, Pryme…
