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Innovation

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With financial support, Equinor backs Reach Subsea's USV qualification program
Innovation

With financial support, Equinor backs Reach Subsea’s USV qualification program

Norway’s Reach Subsea is collaborating with compatriot state-owned energy giant Equinor to carry out a technology qualification program for the Reach Remote uncrewed surface vessels (USVs) that aims to validate remote operations for various tasks. Reach Remote 1 and 2 have entered the final testing

about 2 years ago
Hy2gen’s subsidiary rebrands, reveals expansion plans
Innovation

Hy2gen’s subsidiary rebrands, reveals expansion plans

Hy2gen Norge has changed its name to Hy2gen Nordic to reflect the company’s strategic expansion beyond Norway into other Nordic countries.

about 2 years ago
Maris Fiducia grabs a slice of Enova’s funding to build hydrogen-powered dry bulk ships
Innovation

Maris Fiducia grabs a slice of Enova’s funding to build hydrogen-powered dry bulk ships

Maris Fiducia Norway, with HAV Hydrogen and Norwegian Hydrogen, secured $38.4 million funding from Enova for hydrogen-powered dry-bulk vessels.

about 2 years ago
Dutch thermoplastic composite pipe producer welcomes €20M investment to boost growth
Innovation

Dutch thermoplastic composite pipe producer welcomes €20M investment to boost growth

SENCO Hydrogen Capital, a private equity firm focusing on investments across the hydrogen and energy-in-transition value chain, has invested €20 million in Dutch manufacturer of innovative pipeline technology Strohm to boost the company’s growth trajectory. Made shortly after the first closing of SE

about 2 years ago
Industry majors set in motion next phase of project that aims to cut reservoir monitoring costs
Innovation

Industry majors set in motion next phase of project that aims to cut reservoir monitoring costs

A number of industry partners have kicked off the next phase of the On Demand Ocean Bottom Node (OD OBN) development project which aims to provide a versatile, lower-cost, more resilient solution for time-lapse seismic and subsidence monitoring of producing reservoirs. The project, which began in 20

about 2 years ago
Illustration (Courtesy of EU-SCORES)
Innovation

Wave energy to rival offshore wind costs by 2030s, study shows

A study led by European universities has shown that wave energy could rival the cost-effectiveness of offshore wind by the 2030s at favorable locations.

about 2 years ago
InfinityWEC wave energy farm (Courtesy of Ocean Harvesting Technologies)
Innovation

Ocean Harvesting advances InfinityWEC with new control system and design

Swedish company Ocean Harvesting Technologies is developing the sixth generation of its wave energy converter InfinityWEC, including the implementation and evaluation of a moment-based model predictive control (MPC) in its simulation model.

about 2 years ago
90-year-old French firm rebrands for strategic growth
Innovation

90-year-old French firm rebrands for strategic growth

With the wish to accelerate growth as an advanced technology company, France-based geophysical services company CGG has rebranded following 90+ years of history. With the launch of the new brand, CGG, created in 1931 and now known as Viridien, said it marks the next stage in its strategic growth as

about 2 years ago
UK duo in strategic partnership for offshore wind cables
Innovation

Two UK firms forge ties to drive innovation in offshore wind cables

UK companies 2H Offshore and Vekta Group have established a strategic partnership aimed at driving innovation in high-voltage cables for offshore wind developments. London-headquartered 2H provides structural, hydrodynamic, geotechnical engineering and related digital and integrity services for fixe

about 2 years ago
Smoltek: We have technology to make green hydrogen production profitable
Innovation

Smoltek: We have technology to make green hydrogen production profitable

Swedish Smoltek Nanotech Holding has developed a technology that the company claims will make the production of green hydrogen profitable.

about 2 years ago
Renewed French partnership targets vessel digitalization and improved efficiency
Innovation

Renewed French partnership targets vessel digitalization and improved efficiency

French cable laying and repair operations company Orange Marine has renewed and expanded its service contract with a compatriot provider of data integration and analysis services for the maritime and offshore industry as part of its move to advance fleet digitalization and operational efficiency. Th

about 2 years ago
Prysmian's Monna Lisa steps closer to delivery in early 2025
Innovation

171-meter Prysmian cable layer steps closer to delivery with launch at VARD

Norwegian ship designer and shipbuilder VARD has launched Prysmian’s new cable laying vessel (CLV) Monna Lisa, sister ship to Leonardo da Vinci, coming a step closer to delivery in 2025. VARD has completed steel cutting, keel laying, generator installation, and hull erection on the 171-meter Monna L

about 2 years ago
To back energy transition, Shearwater and XOCEAN unite for CCS and offshore wind
Innovation

To back energy transition, Shearwater and XOCEAN unite for CCS and offshore wind

Building on the joint delivery of several large data campaigns, Norway’s Shearwater GeoServices and Ireland-based XOCEAN have set up a strategic collaboration to provide integrated data solutions to the carbon capture and storage (CCS) and offshore wind markets. The collaboration will combine Shearw

about 2 years ago
Axial Skelter made by Spiralis Energy, a tidal energy generator
Innovation

UK start-up seeks permits for tidal generator trial in Alderney waters (Video)

London-based start-up tidal energy developer Spiralis Energy has applied for permits to test a surface tidal energy generator in the waters of Alderney, which is a part of Bailiwick of Guernsey.

about 2 years ago
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