Oil major Chevron has, via its Chevron Technology Ventures (CTV), entered the offshore wind arena through investment in Ocergy, a company developing floating offshore wind turbine foundation technology and environmental monitoring buoy.Ocergy, Inc, a company with offices in Oakland, California, and in Aix-en-Provence, France, said Tuesday it had secured investments from Chevron Technology Ventures (CTV) and the newly created floating wind company Moreld Ocean Wind (MOW)…
Swedish wave energy technology developer Novige AB has received funding from the Swedish Energy Agency for its NoviOcean wave energy converter concept.Novige got a budget of 5.6 MSEK (USD 652,201) approved by the Swedish Energy Agency, where 1…
Bosch Rexroth said Monday it would present 'a disruptive innovation' for electrically actuating valves in the subsea process industry at Hannover Messe (April 12-16, 2021). 'The new SVA R2 Subsea Valve Actuator is the world’s first electric…
Dutch offshore survey firm Fugro and Sweden's MMT have won contracts with the Danish grid operator Energinet, to carry out seabed surveys for the Danish Energy Island project in the North Sea.The contracts follow an announcement by the Danish…
Marine renewable energy group Ocean Energy Europe (OEE) has appointed CorPower Ocean CEO Patrik Möller and Simon De Pietro from DP Energy as its new Co-Presidents. 'This pairing brings together both technology and project development perspectives…
Oslo-listed offshore oil and gas seismic data acquisition company Magseis Fairfield has won a new contract in the Gulf of Mexico.The company has been awarded an Ocean Bottom Node for 'a multi-client company,' which it did not name.'The duration…
U.S.-based offshore vessel operator Harvey Gulf International Marine has said it has converted its Harvey Champion platform supply vessel into a dual-fuel vessel. The Harvey Champion is now operating on both battery power and diesel. 'The Champion now boasts 754 kWh of battery power…
Norway-based Tampnet which operates offshore high-capacity communication networks has completed the acquisition of BP's Gulf of Mexico (GoM) offshore fiber cable network, in what Tampnet says is one of the most significant milestones in the history of the company…
As part of his Executive Order on Tackling the Climate Crisis at Home and Abroad (EO 14008)—issued on the first day he took office—President Biden made significant commitments to renewable energy. These commitments include collaborating with…
The Biden administration aims to transform the United States into the world’s leading producer of energy from offshore wind after years of lagging behind Europe, a senior official said on Wednesday.President Joe Biden’s cabinet earlier this…
DNV, energy industry expertise and assurance provider on Wednesday published what it said was the world’s first recommended practice (RP) for floating solar power projects following a collaborative joint industry project (JIP) involving 24 industry participants…
Ocean Sun, a Norway-based developer of floating solar technology, has signed an agreement with MP Quantum Group to deploy Ocean Sun's floating solar solution in Greece and Cyprus.Børge Bjørneklett, CEO and founder of Ocean Sun said: “We are…
Dutch offshore survey services company Fugro has agreed to sell its Seabed Geosolutions subsidiary to PXGEO Seismic Services (PXGEO) to for USD 16 million (approximately EUR 14 million) in cash. The transaction is expected to be completed mid-2021…
Safety seal manufacturer Roxtec said Monday it had supplied Scotland-based Orbital Marine Power with a range of cable sealing solutions to support the construction of Orbital Marine's tidal turbine, the Orbital O2 2MW.Orbital’s O2 turbine is…
Subsea services and technology contractor Ashtead Technology has created a new role to head up its increasing activities in renewable energy.For this Ashtead Technology appointed Scott Stephen to oversee and enhance its service offering to support the global renewables market…
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