CorPower Ocean has secured a grant from the EU Innovation Fund to support the development of VianaWave, a pre-commercial 10MW wave energy farm to be deployed off the coast of northern Portugal.The grant, in the amount of $46.8 million (€40 million)…
Houston-based designer of mobile offshore drilling units Friede & Goldman (F&G) has signed an engineering agreement with Peak Ocean Offshore, a specialist in offshore asset conversion and lifecycle optimization, for the design and engineering…
Singaporean shipbuilder Strategic Marine has delivered next-generation Crew Transfer Vessel (CTV) to new client Yeosu Ocean for offshore wind farm operations in South Korea.The 27-meter-long CTV is based on the StratCat 27 design, developed in close collaboration with BMT…
Swedish wave energy firm CorPower Ocean has secured two new strategic investors - Acario, the Silicon Valley-based venture investment arm of Tokyo Gas, and GTT Strategic Ventures, the investment fund of French technology and engineering group GTT…
Oil and gas firm OMV has drilled a dry wildcat well in the Hoffmann prospect in the Norwegian Sea.The wildcat well 6606/4-1 S was drilled in production license 1194, which was awarded in 2023 (Awards in pre-defined areas 2022).OMV is the operator of the license with 40% working interest…
The Town and County of Nantucket and GE Vernova have signed a $10.5 million settlement agreement for losses resulting from 2024 turbine blade failure on the Vineyard Wind 1 offshore wind project.The settlement is aimed at compensating the town…
Offshore drilling contractor Northern Ocean has signed a contract with a subsidiary of Rhino Resources for the DeepSea Mira semi-submersible drilling rig, which has been hired for operations off Namibia, starting mid-July 2025.The contract includes one firm well for Rhino…
ABS issued approval in principle (AIP) to Hanwha Ocean for its new design of a semisubmersible-type floating offshore wind turbine.The design, named WindHive 15-H3, supports 15-megawatt (MW) turbines on three hexagonal columns. ABS completed design reviews based on class and industry requirements…
Ocean Winds (OW), a 50-50 joint venture by EDP Renewables and ENGIE, has installed the offshore electrical substation for the Dieppe – Le Tréport offshore wind farm (EMDT), a project developed in consortium with Sumitomo Corporation and Banque des Territoires…
The assembly of an offshore solar farm has been completed at the Port of Amsterdam in a ‘world’s first’ project that will integrate the system with an offshore wind farm in the North Sea, offshore Netherlands.The system, supplied and built by Oceans of Energy…
Ocean Power Technologies (OPT) has secured a patent from the United States Patent and Trademark Office (USPTO) for its autonomous, floating marine charging solution.Designed to address the increasing demand for clean maritime operations, the invention enables electric vessels…
A new cybersecurity solution from Hanwha Ocean to protect critical infrastructure and operations on board floating production storage and offloading (FPSO) units received approval in principle (AiP) from American Bureau of Shipping (ABS).Hanwha Ocean…
Eco Wave Power and AltaSea at the Port of Los Angeles have agreed to officially launch the first-ever onshore U.S. wave energy pilot project in September.The launch event is scheduled to take place on September 9, 2025, on-site at AltaSea, and…
Mauritius is inviting international investors to establish and operate a floating power plant as the Indian Ocean island nation seeks to address its growing energy needs, according to a tender issued by the state-owned Central Electricity Board…