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Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology
Tidal Energy Today’s editors have compiled the list of news from tidal and wave energy sectors that have marked the year behind us.
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Occidental Petroleum, Houston-based oil and gas exploration and production company, has increased the company’s dividend and announced the appointment of a new member of the board of directors. Occidental Petroleum said on Thursday that the company has raised the company’s dividend to an annual rate of $3.04 per share from the previous $3.00 per share. […]
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Tidal Energy Today has compiled the top news from tidal and wave energy industry from October 17 – 23, 2016.
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Mercom Capital Group, llc, a global clean energy communications and consulting firm, today released its report on funding and merger and acquisition (M&A) activity for the wind energy sector for the first quarter of 2012. Venture capital (VC) funding in the first quarter came in strong with $240 million going into a record number of […]
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Business Developments & Projects, Infrastructure, Operations & Maintenance, Vessels
BW LNG, a unit of the Singapore-based gas shipping giant BW Group, has secured a five-year FSRU charter deal with FGEN LNG Corporation.
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Business & Finance, Research & Development, Technology
Atlantis Resources has entered into partnership with Equitix, an infrastructure investor, to advance around 650 MW of Atlantis’ tidal power projects in Scotland.
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On February 24, 2015, the U.S. Federal Energy Regulatory Commission’s (FERC) Office of Energy Projects issued its Study Plan Determination letter approving the Revised Study Plan submitted for the Pennamaquan Tidal Power Plant Project. Ted Verrill, President of Halcyon Tidal Power commented: “This is an important milestone for the Pennamaquan Tidal Project. It supports the […]
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Authorities & Government, Business & Finance, Technology
Scotland is to establish a wave energy technology development body to encourage innovation in the industry, Minister for Business, Energy and Tourism Fergus Ewing has announced. Wave Energy Scotland will bring together the best engineering and academic minds to collaborate in a research and development programme to accelerate wave technology further. Mr Ewing will provide […]
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Authorities & Government, Business & Finance, Research & Development, Technology
Ocean Energy Europe (OEE), and Atlantis Resources, have welcomed the French government’s plans to launch a tender for tidal energy projects later this year.
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Dr Andrew Tyler, the Chief Executive Officer of tidal energy company Marine Current Turbines, has been awarded a CBE in the 2012 New Year’s Honours List, for his services to Britain’s defence as Chief Operating Officer of MOD’s Defence Equipment & Support organisation. Dr Tyler held this role at the MOD before his appointment as […]
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Business & Finance, Research & Development, Technology
Oil & Gas Giant Bids to Build Dutch Offshore Wind Farms Following recent media reports that Shell, one of the biggest oil and gas companies, will take part in Dutch tender for Borssele I and II offshore wind sites as part of a consortium also comprising Eneco and Van Oord, the move was confirmed this afternoon […]
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Tullow Oil has appointed an independent non-executive director and chair-designate of Tullow with effect from the conclusion of the company’s annual general meeting.
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Authorities & Government, Business & Finance, Green Marine, Ports & Logistics, Transition
The U.S. ports are set to benefit from a $3 billion worth of funding round intended for electrification and emission reduction. The funding has been included in the long-awaited Inflation Reduction Act that was adopted in the U.S. Senate on August 7. The House is expected to return from recess to pass the bill later […]
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Business & Finance, Business Developments & Projects
The European Marine Energy Centre (EMEC) has completed an independent power performance assessment for Verdant Power’s tidal power array at the Roosevelt Island Tidal Energy (RITE) site in New York. The report confirms active power output was 187 kW at 2.5 m/s peak flood tide and turbines performed at over 99 per cent availability, while […]
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Business & Finance, Research & Development, Technology
Atlantis Resources has welcomed the plans for the next Contracts for Difference (CfD) allocation round, outlined by the UK government, announcing its intention to participate in the process.
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Business & Finance, Operations & Maintenance, Research & Development, Technology
Edinburgh-based renewable energy developer Atlantis Resources has raised over £1 million in its ongoing bond offer launched two weeks ago.
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Business & Finance, Research & Development, Technology
ORPC Ireland is seeking to add a Mechanical Engineer to its team who would work on the design of marine hydrokinetic turbine system.
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Business & Finance, Operations & Maintenance, Research & Development, Technology
Engineers from Trinity College Dublin have tested a next-gen hydrofoil-based anchoring device to check whether it might offer a reliable means of fixing an energy-generating tidal array to the sea floor.
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Business Developments & Projects, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Technology
Ocean Energy Systems (OES), a program within the International Energy Agency (IEA), has published a new guidance paper to respond to the need to have a completely objective evaluation of how ocean energy technology performs against key criteria.
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Business & Finance, Research & Development, Technology
Nova Innovation has been recognized for its Shetland Tidal Array project at the Scottish Renewables Green Energy Awards (SRGEA) held last night in Edinburgh.
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Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology
The manager of the seabed in Scotland, Crown Estate Scotland, has made offshore spatial data relating to the organization’s offshore assets freely available for the first time.
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International Tidal Energy Summit (ITES) 2015 has kicked-off today with pre-conference risk and reliability workshop at Hilton Tower Bridge, London. The pre-conference workshop comprises presentations from the representatives of DNV GL, ORE Catapult and Frazer-Nash, Ricardo, and Ocean Array Systems, amongst others. DNV GL’s workshop focuses on providing insights into its new tidal turbine standard […]
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Business & Finance, Research & Development, Technology
The £10 million Saltire Prize challenge created by the Scottish government to accelerate the commercialisation of wave and tidal energy has been criticized by Murdo Fraser, the Scottish Conservative MSP, who stated that the money should be put to better use. The Saltire Prize challenge has been launched in 2008 with its £10 million purse […]
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CHC Group will provide helicopter services during Wintershall’s drilling program at the Maria Field in the Norwegian Sea. CHC said on Wednesday that the operation would begin in March 2017, flying from CHC’s base in Kristiansund using a Sikorsky S-92 helicopter. Wintershall’s drilling program is expected to last for an initial period of approximately 550 days. […]
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James Fisher has acquired the entire share capital of Mojo Maritime. The initial consideration is GBP 3.2 mln in cash, plus potential future consideration of GBP 0.3 mln if the earnings before interest and taxation are GBP 0.65 mln or greater for the year ending December 31, 2015. Mojo Maritime, a Falmouth-based company, is a […]