OCTIO, as of recently a subsidiary of Reach Subsea, has secured a multi-year geophysical monitoring contract with Shell in Norway for the Ormen Lange offshore field. “OCTIO welcomes the opportunity to continue to support A/S Norske Shell at Ormen Lange…
In a recent interview with Maritime Reporter TV, Philip Lewis, Director of Research, Intelatus Global Partners, breaks down the U.S. Offshore Wind market 'By the Numbers.'Let's look at the world . There's around 75GW of offshore wind farms, either operational or being built in the world today…
AWS Ocean Energy's wave energy converter, designed for remote power applications such as powering subsea oilfield assets, has arrived in Orkney ahead of its imminent deployment at the European Marine Energy Centre (EMEC). The 16 kW Archimedes Waveswing arrived at Hatston Pier…
The U.S. Department of Energy (DOE) announced $25 million in funding to support increased research, development, and demonstration of technologies that harness wave power to create electricity. Wave energy converters, which capture and convert waves into carbon-free electricity…
Oasis Marine Power said Thursday it had completed the first stage of testing of its offshore charging station.The Oasis Power Buoy is an offshore mooring and charging station with a zero-emission power source fed from wind turbines. 'Initially…
Scottish tidal energy firm Nova Innovation in partnership with the French tidal energy company Sabella has have secured a 12MW berth at one of what has been described as one the world’s largest tidal energy sites off the coast of Holy Island…
UK-based subsea rental equipment and solutions specialist Ashtead Technology has signed a multi-year reseller agreement with Norway-based NORBIT Subsea, a provider of tailored and innovative technology solutions to the global maritime sector…
Aberdeen-based subsea battery developer EC-OG has changed its name to Verlume. The company said the name change was in preparation for 'large-scale growth at pace' and to emphasize its position as 'a clean technology leader.''As part of a strategic evolution…
Oilfield services giant TechnipFMC has said it has secured a contract with Petrobras to build and install subsea equipment at Búzios 6 field (module 7), a greenfield development in the pre-salt area.TechnipFMC said the contract was a large one…
Marine seismic services company Shearwater GeoServices and the Norwegian oil and gas firm Equinor are extending their seismic tech collaboration to include Vår Energi and Lundin Energy Norway to accelerate the development and commercialization…
Danish offshore vessel operator Maersk Supply Service has awarded Dutch geodata specialist Fugro a subsea survey and positioning contract to support the installation of an anchoring system for the Sepetiba FPSO in Petrobras deepwater Mero 2 project…
Wave energy technology firm Eco Wave Power said Wednesday it would hold its official bell ringing ceremony on Nasdaq Stock Market on Thursday morning, at 9:15 a.m. ET to celebrate becoming a public company on the Nasdaq U.S. Eco Wave Power began its trading on the Nasdaq on July 1…
Offshore oil and gas drilling firm Transocean said Tuesday that one of its drilling rigs would later this year be used for a not-so-typical project for an offshore oil rig.Namely, the Norwegian oil firm Equinor plans to use the Transocean Enabler…
Dutch offshore survey specialist Fugro has won a contract with Danish grid operator Energinet in relation to the Energy Island that will be built in the Danish North Sea to serve as an offshore power plant distributing up to 10 GW of offshore wind to Denmark and other neighboring markets…
U.S. energy firms this week added the most oil and natural gas rigs in a week since April as rising oil prices prompt more drillers to return to the wellpad.The oil and gas rig count, an early indicator of future output, rose 13 to 601 in the week to Jan…