The Norwegian autonomous underwater vehicle provider Argeo has been granted a loan of NOK 20 million (~$2 million) from Innovation Norway.Argeo said the yield is 6,2%, the duration is six years, and the loan is on certain conditions. Trond Crantz…
Northern California has some of the strongest offshore winds in the U.S., with immense potential to produce clean energy. But it also has a problem. Its continental shelf drops off quickly, making building traditional wind turbines directly on the seafloor costly if not impossible…
Brazil-based Radix Software and Engineering said Monday it had created a virtual FPSO training environment for a major operator with the goal of reducing risk in the asset commissioning phase by training operators in process optimization and validation of operational manuals…
Controls technology company Proserv said it has signed an agreement with Aberdeen-based sand and erosion monitoring, analytics and management experts SMS. The deal sees SMS become the exclusive agent and representative for Proserv’s sampling activities across Malaysia…
Triton Anchor, a developer of an anchoring solution for the floating offshore wind industry, announced on Wednesday the closing of its initial funding round. The funds will be used to accelerate platform development as the company scales its products from prototype to general release…
Havfram Subsea has appointed Gregor Scott as Managing Director for the company’s UK operation.Over the last 10 years, Scott has held commercial and leadership roles within the Havfram organization, and as Managing Director (UK) he will assume…
UK-based subsea equipment rental and solutions company Ashtead Technology has acquired Aberdeenshire-based Hiretech. Hiretech is an equipment rental, service, and maintenance company serving the international offshore renewables, decommissioning…
Norwegian maritime technology and equipment specialist Kongsberg Maritime AS will provide technology and engineering for a second F-class wind turbine and foundation installation vessel (WTFIV) recently ordered by the Danish offshore wind installation firm Cadeler…
The Bureau of Ocean Energy Management (BOEM) and the National Oceanic and Atmospheric Administration (NOAA) Fisheries will work together to address potential impacts of offshore wind energy development on NOAA Fisheries’ scientific surveys, which help to manage the United States’s fisheries…
KBR has won a contract to provide engineering services for an offshore energy storage project for CrossWind, a joint venture (JV) between Shell and Dutch utility company, Eneco.KBR will perform a front-end engineering design of the baseload…
The UK-based Offshore Renewable Energy (ORE) Catapult and the Net Zero Technology Centre said Thursday they'd examine potential pathways for the delivery of innovative floating offshore wind technology integrated with existing energy infrastructure…
Aberdeen-based Balmoral Comtec has completed the installation of its manufacturing plant at its new advanced composites facility at Montrose Port.The company said it had invested a 'seven-figure sum' in the 18,299 sq.ft (1700 sq.m) quayside…
Norwegian subsea services company Reach Subsea said Thursday it had struck a deal to expand its operating fleet with two ROV support vessels.The company said it had secured 'significant vessel capacity for the coming four years' through a deal…
Wales’ national marine test center, META, said Thursday it has upgraded its Marine License, so it can now accommodate more tidal turbines and larger mooring spreads, after successfully upgrading its Marine License. As the project moves into a new tranche of funding from the Swansea Bay City Deal…
Engineering firm Pryme Group said Wednesday it had launched two specialist tooling systems - Pile Fixation Tool (PFT) and PileProp - for offshore wind installations, via Caley Ocean Systems. The company said the tools were designed to support…
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