OGA’s chairman insists on continuing North Sea exploration and describes it as vital to meet the UK’s energy needs, despite outcries to phase out fossil fuels.
The Technical University of Denmark (DTU) and Aarhus University (AU) have teamed up on a research project that aims to optimise the efficiency of Crestwing’s wave energy converter.
President Biden ordered the release of oil from the nation’s Strategic Petroleum Reserve in an effort to address rising gas prices.
Equinor and its partners have submitted a PDO for the Oseberg field and revealed plans for investing over $1.1. million in this development.
The UK CMA has provisionally found that the proposed merger of Cargotec and Konecranes raises competition concerns.
Trinity has disclosed its farm-down plans, following the MEEI’s approval of its FDP for the Galeota project, off the East Coast of Trinidad.
Danish company Floating Power Plant (FPP) has signed an agreement with the Oceanic Platform of the Canary Islands (PLOCAN) to test its 5MW hybrid floating wind and wave energy platform off the coast of Gran Canaria.
The PSA has found one irregularity during an audit of Equinor’s management system for materials handling, lifting operations and lifting equipment.
The voice of Europe’s ocean renewable energy industry, Ocean Energy Europe (OEE), has applauded the UK government’s decision to ringfence £20 million a year for tidal stream energy, calling the EU to step up for ocean energy as well.
Works to redevelop areas within Pembroke Port and create the infrastructure needed to support the development of a world-class marine energy hub have started.
China tops the list of the ten biggest shipowning nations globally, according to VesselsValue.
The UK’s tidal energy industry has welcomed the government announcement of ring-fenced funding for tidal stream energy, deeming the move as ‘absolutely pivotal’ for reinstating the industry on its journey to large-scale power generation in the UK.
Sval Energi has joined forces with Storegga Geotechnologies to investigate carbon storage potential on the Norwegian Continental Shelf (NCS).
The UK government will invest £20 million per year in tidal stream electricity as part of its flagship renewable energy auction scheme, kickstarting a brand-new chapter for the marine energy industry.
