Welsh marine energy company Marine Power Systems (MPS) has completed its crowdfunding campaign on Crowdcube, raising over £4 million to further advance its offshore renewable energy technology.
Lime Petroleum, a subsidiary of Rex International, has signed an agreement with Aker BP to acquire 20 per cent interests in the PL867 and PL867B licenses in the North Sea.
Russia’s largest independent natural gas producer Novatek has established its representative office in Hanoi to supply LNG to the Vietnamese market.
Swedish wave energy company CorPower Ocean has constructed the world’s largest wave energy test rig following an intense two-year project.
The researchers from the University of Oxford’s Department of Engineering Science have been conducting various tests on scale tidal turbines with the support of equipment supplied by Applied Measurements.
The Netherlands-headquartered WIND has completed the acquisition of Offshore Cable Equipment (OCE). According to WIND, OCE is a rental/retail company that operates five offshore subsea cable carousels from 300 mt up to 7,000 mt capacity. OCE is set to further develop the engineering of carousels and
Norwegian oil and gas company DNO has spud the Gomez exploration well in production license 006C in the North Sea offshore Norway.
Swedish oil company Lundin Energy has started production from the extended well test (EWT) at its Rolvsnes offshore field – the first subsea tie-back development for the Edvard Grieg platform.
Norwegian oil company Aker BP has installed the Hod platform topsides in the North Sea, offshore Norway, just one year and two months after the first steel cut.
China has given the green light to Finnish engineering majors Konecranes and Cargotec to proceed with their merger plans.
Norway’s containership owner MPC Container Ships ASA has completed its acquisition of compatriot ship owner and operator Songa Container AS.
Spanish company Ditrel Industrial has provided its novel marine connector Konekta2 to link a dynamic cable to the Blue Growth Farm project’s multi-purpose floating platform installed offshore Italy.
Prysmian has taken delivery of its new 170-meter long cable-laying vessel (CLV) Leonardo da Vinci. Leonardo da Vinci’s first deployment will be the installation of the Viking Link submarine cable connection between the UK and Denmark. The vessel has just arrived at Prysmian’s Arco Felice production
Dutch wave energy company Slow Mill Sustainable Power has taken its purpose-built wave energy research vessel on a maiden voyage offshore the Netherlands.
