10000 results found for 'wave energy'

10000 results found for 'wave energy'
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  • Australia: Oceanlinx Goes Into Liquidation

    23 December 2014
    Business & Finance

    Australia’s wave developer Oceanlinx has gone into liquidation, the local news site reported.  The reports say that this could affect the investors, causing them to lose about AUD 80 million. Ocean­linx went bankrupt following an accident which occurred off the South Australian coast leaving the company financially crippled. The accident happened in March 2013, when “greenWAVE“ unit was damaged during tow operations […]

  • EU eyes more offshore renewables, meshed grid infrastructure in Atlantic Ocean

    21 December 2020
    Authorities & Government, Research & Development

    The European Union is considering tapping into more of its offshore renewable energy sources farther out in the waters of the Atlantic Ocean, where it plans to study not only the technical potential of offshore wind and wave and tidal energy generation, but also the potential for building a meshed offshore grid. A few days […]

  • In focus: The dawn of energy independence is coming

    11 March 2022
    Authorities & Government, Business Developments & Projects, Infrastructure, Regulation & Policy

    As many countries around the world are choosing to shift away from Russian fossil fuels due to the ongoing Ukrainian crisis and turning to different sources, others are seizing the momentum and working towards securing energy independence through clean energy options.

  • In focus: Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic

    14 January 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Market Outlooks, Outlook & Strategy, Project & Tenders, Research & Development, Transition, Vessels

    Building a sustainable future in a pandemic-ridden world is no easy feat as it brings out many challenges to the fore, however, the energy and maritime industries have shown a great determination to overcome such obstacles in their quest to accelerate decarbonisation and establish a more balanced, lower-carbon energy mix, paving the way towards the net-zero future.

  • With oil & gas markets on tenterhooks in the wake of the Israel-Palestine war, is a reinvigorated push for clean energy coming?

    9 October 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Project & Tenders, Transition

    While current impacts are bound to be limited, a further spike along with a disruption of oil supplies are believed to be on the cards if Iran joins the fray.

  • Russia: Investments in New Fields Development and Energy Saving Can Compete, Gazprom’s Oleg Aksyutin Says

    25 August 2011

    Wednesday Irkutsk hosted the opening of the 20th Annual International Congress “Innovative Technologies in the Oil, Gas, Energy and Communication Sectors”. Gazprom’s delegation led by Oleg Aksyutin, Member of the Company’s Management Committee, Head of the Gas Transportation, Underground Storage and Utilization Department is taking part in the Congress. Delivering his presentation to the conference participants, Oleg Aksyutin highlighted that Gazprom was paying […]

  • Crown Estate Scotland shares offshore energy data with the world

    19 April 2022
    Business Developments & Projects, Infrastructure, Outlook & Strategy, Regulation & Policy

    Through a new website, Crown Estate Scotland has made available the information on offshore wind farms, wave and tidal energy sites, along with cable and pipeline agreements as free open datasets for the public.

  • In focus: Are oil & gas plays truly becoming a thing of the past or are we not there yet?

    15 July 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Equipment, Exploration & Production, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition, Vessels

    Worldwide dependence on oil and gas has been in evidence ever since the Ukraine crisis started, casting doubt over the pace and the lengths the world is prepared to go to in order to embrace decarbonisation. While the shift to green energy investments is undoubtedly both necessary and inevitable, the current global energy security concerns have – to an extent – pushed it aside as pure oil plays have dominated the energy market and trumped low-carbon diversification so far this year. Or have they?

  • Karoon unveils multimillion-dollar investment into FPSO revitalization campaign

    28 August 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Karoon Energy, Australia’s oil and gas company, has revealed its investment plans for a floating production, storage, and offloading (FPSO) revitalization campaign and a life extension project at a field off the coast of Brazil.

  • USA: MBARI Engineers to Test New ‘Power Buoy’ Version

    14 May 2012
    Research & Development

    MBARI engineer Andy Hamilton looks out his office window in Moss Landing and points at the waves crashing on the beach below. “Pretty impressive, aren’t they? You’d think there’d be a way to make use of all that energy.” Since 2009, Hamilton has led a team of engineers trying to do just that. Their goal […]

  • Carnegie’s MoorPower demonstrator begins operating

    17 January 2024
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Technology

    Carnegie Clean Energy’s MoorPower demonstration project has started operating at the offshore test site in North Fremantle, Western Australia. The technology is expected to reduce the requirement for fossil fuels, reduce carbon emissions, reduce risk and drive down cost. The MoorPower Demonstrator deployment is expected to deliver validation of the technology in advance of commercial […]

  • U.S. Navy Invests in UW’s Wave and Tidal Development

    27 October 2014
    Business & Finance, Equipment, Project & Tenders, Research & Development

    The U.S. Navy has committed to get half of its energy from renewable sources by the year 2020. One element of that strategy will be looking to extract energy from tides, currents and waves. The University of Washington is helping to reach that goal with an $8 million, four-year contract from the Naval Facilities Engineering […]

  • New agreement on seafarers’ minimum wage emerges from ILO discussions

    21 April 2025
    Authorities & Government, Regulation & Policy, Rules & Regulation

    Following a bipartite dialogue between shipowners and seafarers’ unions, the International Labour Organization (ILO) has wrapped up the latest round of negotiations concerning the minimum wage for able seafarers. As informed, an agreement was reached at a meeting of the Joint Maritime Commission’s (JMC) subcommittee. The session was held in Geneva, Switzerland, on April 14 […]

  • IRM Systems: Operators Must Have Emergency Pipeline Repair System

    2 July 2014
    Business & Finance, Equipment

    In the wake of four major pipeline accidents in June, emergency preparedness is taking center stage. IRM Systems notes that these incidents are a dramatic reminder of the random threats that can affect pipelines, and the urgency for having an Emergency Pipeline Repair System (EPRS) in place. “Operators must have an EPRS that offers the […]

  • OPT Releases Financial Results for Fiscal Fourth Quarter

    30 July 2014
    Business & Finance, Operations & Maintenance

    Ocean Power Technologies, Inc. announced financial results for its Fiscal 2014 fourth quarter and full-year ended April 30, 2014 (“fiscal 2014”). David L. Keller, Interim Chief Executive Officer of OPT, stated, “There have been several significant events and much change since the Company last reported financial results. We believe we have fully disclosed this information […]

  • In focus: Increase in fossil fuel production threatens global climate goals

    10 November 2023
    Authorities & Government, Carbon Capture Usage & Storage, Green Marine, Infrastructure, Research & Development

    Despite all the efforts exerted by the governments and companies around the world to reduce carbon emissions and reach ambitious net-zero targets, the new  2023 Production Gap Report shows that global coal, oil and gas productions are still increasing while planned reductions are nowhere near enough to avoid the worst effects of the climate change. […]

  • IEA-OES unveils international roadmap for 300GW of ocean energy by 2050

    24 November 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    International Energy Agency’s Technology Collaboration Program on Ocean Energy Systems (IEA-OES) has released a roadmap that outlines a comprehensive strategy that will help to drive the global development of ocean energy.

  • UK: Three partners to delve into the potential of ammonia in maritime decarbonization

    5 September 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development

    Scottish Port of Cromarty Firth, Brunel University of London, and UK environmental and engineering consultancy Ricardo have joined forces to launch a feasibility study that aims to understand how ammonia could support the decarbonization of the maritime sector and a concept for a next-generation ammonia combustion engine.

  • Carnegie brings MoorPower demonstrator back to shore for maintenance

    29 April 2024
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Technology, Transition, Vision

    Following the initial phase of operations offshore North Fremantle in Western Australia, Carnegie Clean Energy has brought its MoorPower demonstrator back to port for inspection and maintenance, with redeployment expected in several weeks. At the beginning of the year, Carnegie deployed the MoorPower demonstrator off the coast of North Fremantle and has gathered over 2,000 […]

  • UK National Grid awards €14 billion in last round of supply chain framework awards

    22 August 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Vision

    The UK National Grid has completed the award of its high-voltage direct current (HVDC) civil works supply chain framework, with £12 billion (around €13.9 billion) worth of agreements confirmed, marking the third and final stage of its £59 billion supply chain framework awards. The HVDC supply chain framework was launched in 2023, aiming to establish long-term […]

  • New Fred. Olsen 1848 floating solar lead brings experience from SolarDuck, Equinor

    21 August 2025
    Business Developments & Projects, Human Capital, Outlook & Strategy, Project & Tenders

    Oslo-headquartered Fred. Olsen 1848 has appointed Francisco Guillermo Vozza as Business Development Director for floating solar. According to Fred. Olsen 1848, Vozza, an energy industry executive with two decades of experience, will be responsible for shaping the company’s global market strategy and advancing the commercialization of its BRIZO floating solar technology. “I am honoured to […]

  • In focus: Ammonia emerges as a ‘trump card’ as countries dash for energy security

    6 January 2023
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Transition

    As we entered into a new year, the mission remained the same. In the next twelve months, the offshore energy sector will continue to work on the steps to ameliorate immediate challenges and climate change impact.

  • Rijeka Gateway, Croatia’s ‘biggest’ logistics project, steps into final phase with maiden boxship berth

    13 August 2025
    Business Developments & Projects, Infrastructure, Operations & Maintenance, Ports & Logistics

    The Rijeka Gateway, a joint venture (JV) between Denmark-based shipping colossal A.P. Moller-Maersk’s APM Terminals and Croatian investor Energia Naturalis (ENNA Group), has entered the final testing stage with the arrival of its first containership. According to APM Terminals, the Rijeka Gateway, considered to be the ‘largest’ project in the logistics sector in Croatia, recently […]

  • DNV: Energy-saving technologies crucial to reduce maritime emissions until carbon-neutral fuels become viable

    2 September 2024
    Certification & Classification, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy

    Faced with challenges such as short supplies of carbon-neutral fuels, the shipping industry needs to explore every option for reducing fuel consumption in order to reach the 2030 decarbonization goal of 20% emissions reductions set by the International Maritime Organization (IMO), Norwegian classification society DNV highlights in the latest Maritime Forecast to 2050 report. The […]

  • In focus: Tackling energy trilemma with oil & gas industry calling the shots

    3 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Technology, Transition, Vessels

    With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?