The latest Energy Cyber Priority report from DNV Cyber has found that energy companies have started to boost investment in cybersecurity to manage the ‘greatest risk’ to the industry today as the importance of securing businesses from cyber threats reaches highest company levels…
Inyanga Marine Energy Group has presented the design blueprint for its 20 MW HydroWing tidal energy technology, set for deployment at Morlais site in Wales.The tidal energy array will incorporate the Tocardo T3 turbine, rated at 600kW, for the first time…
Portugal is beckoning a new era for offshore wind after officially signing ‘rules of procedure’ for a new Technological Free Zone located off the coast of Viana do Castelo.The news was announced during an international conference in Lisbon promoting…
Nexif Ratch Energy’s San Miguel Bay offshore wind project in the Philippines has been granted the Certificate of Energy Project of National Significance (CEPNS) by the country’s energy department.The 500 MW offshore wind project, located in San Miguel Bay…
Akastor's subsidiary DDW Offshore has secured a contract extension with Petrofac for its anchor handling tug supply (AHTS) vessel Skandi Emerald.The contract extension is for six months, meaning the contract term has now been extended to July 14…
Indonesia has signed a contract with units of Harbour Energy and Mubadala Energy for the development of a Central Andaman oil and gas block, the energy ministry said in a statement on Tuesday.The contract was signed under a new gross split scheme…
Scottish ocean energy pioneer Mocean Energy has launched a crowdfunding campaign on Crowdcube, Europe’s largest private market investment platform.The campaign, which is now live, aims to finance the next phase of the company’s growth plans as it looks to mature its wave energy technology…
U.K.-based tidal energy technology developer Spiralis Energy has secured a $1 million investment from Kistos Holdings to build and test the Axial Skelter tidal energy unit.The investment received from Kistos will fund Spiralis Energy’s upcoming…
Oil and gas company BW Energy has signed production sharing contracts (PSCs) for the exploration blocks Niosi Marin and Guduma Marin offshore Gabon, in partnership with Panoro Energy and VAALCO Energy.The blocks, formerly named G12-13 and H12-13…
The Bureau of Ocean Energy Management (BOEM) has announced a Memorandum of Understanding with the Department of Defense (DoD) to support the coordinated development of wind energy generation on the Nation’s Outer Continental Shelf (OCS).The…
HydroWing, tidal energy division of Inyanga Marine Energy Group, has signed a binding agreement with PLN’s Subholdings to develop plans for plans for the first tidal current power plant in Indonesia.The 10 MW tidal energy project is planned…
Inyanga Marine Energy Group has launched a crowdfunding round to advance the development of its HydroWing tidal energy technology and projects.The crowdfudnign campaign has been opened in partnership with Crowdcube.HydroWing aims to unlock the…
Scottish ocean energy company Mocean Energy and global controls technology specialists Proserv have signed a working partnership agreement with the aim of accelerating the development of renewables solutions for subsea operations.Together the…
Eco Wave Power has signed an agreement for the sale of the first wave energy generation unit with I-Ke International Ocean Energy, a subsidiary of maritime engineering company Lian Tat, for the pilot wave energy plant in Taiwan.According to the terms of the agreement…
The U.S. Department of Energy has made its largest ever investment in marine energy, making $112.5 million available for the commercialization of wave energy technologies.This five-year investment is expected to significantly accelerate the design…
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