One of the largest port-infrastructure companies Euroports and Spanish offshore wind developer BlueFloat Energy have signed a memorandum of understanding (MoU) to foster cooperation in supply chain and ports infrastructure for the delivery of offshore wind in Europe…
Spanish tidal energy company Magallanes Renovables has awarded a contract to Tadek Ocean Engineering for a detailed design related to cables, installation and mooring systems for tidal energy projects to be installed offshore United Kingdom…
A record year for building new wind farms and a rebound in investments in the sector have raised hopes that the EU may achieve its clean energy targets, industry group WindEurope said on Wednesday.In an annual report, WindEurope described 2023…
Swedish tidal energy company Minesto has secured a $267,000 grant (SEK 2.8 million) from the Swedish Energy Agency to upgrade its mooring system.The grant will support the development and testing of the next generation mooring system by co-funding…
The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) Program, supported by the U.S. Department of Energy (DOE), has selected 10 projects to share $1.3 million for marine energy-related research.The projects have been selected…
HydroWing announced it has opened a new office in Wales, to support the development of its tidal stream energy project at Morlais on Anglesey.The company has been awarded a contract through the latest round of the U.K. government’s ‘Contracts…
India's state-run Oil and Natural Gas Corp (ONGC) has announced the successful start of oil production from the deep-water KG-DWN-98/2 Block, located off the coast of Bay of Bengal.ONGC had successfully executed Phase 1 of the project in March 2020…
TotalEnergies has joined the Renewables for Subsea Power (RSP) collaborative project which is currently powering subsea equipment off the east coast of Orkney, Scotland, with wave power from Mocean Energy and intelligent subsea energy storage from Verlume…
Classification society ABS announced it has granted approval in principle (AIP) for a the Sterling Streamline, a next generation concept design for large floating production storage and offloading unit (FPSO) newbuild hulls from India's Shapoorji Pallonji Energy (SPE)…
Shapoorji Pallonji Energy Pvt Ltd (SP Energy) said Monday it had obtained a Class Approval-in-Principle for the Concept and Design Basis of its FPSO Newbuild Hull from the American Bureau of Shipping (ABS). SP Energy has been working on the concept design of ‘STERLING STREAMLINE’…
As Europe turns to renewable sources to diversify energy supplies away from Russian oil and gas, a peaceful marine scene conceals a billion-dollar security headache.Rising above the Baltic Sea less than 10 km (6 miles) off the coast of Denmark…
Costs have risen significantly in the past year for the Netherlands' multi-decade plan to connect its power grid to proposed North Sea wind farms due to rising interest rates, the country's Economic Affairs Ministry said on Tuesday.The global…
Between 2017-2022 renewables met 51% of new energy demand, while the remaining demand was supplied by fossil fuels, according to DNV’s Energy Transition Outlook.'Renewables are still just meeting increased demand rather than replacing fossil fuels…
British satellite communications company Inmarsat said on Wednesday it is nearing an agreement to move some of its ground communications systems from the Netherlands to Greece, resolving a conflict over 5G bandwidth use.The systems based in Burum…
A perfect storm of supply chain delays, design flaws, and higher costs in the offshore wind industry has put dozens of projects at risk of not being delivered in time for countries to meet climate goals, industry executives, investors, and analysts said…
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