Finnish technology company focused on ocean-wave energy conversion, Wello, has launched a new funding campaign. Wello is looking to raise €1 million – €2.5 million in exchange of equity between 4.34% and 10.18% until April 23, 2019. Through Invesdor, Wello is offering its shares at a minimum investm
Neptune Energy has filed its draft for decommissioning of two fields located in the Southern North Sea, the Minke and Juliet. The Minke field is located in the Southern Basin of the UKCS and lies about 184 km from the Norfolk coastline. Minke began production in 2007 and was developed through a sing
AgileTek Engineering, one of Tekmar Group’s four primary operating companies, has completed the acquisition of Ryder Geotechnical Limited. Ryder Geotechnical, founded by Fraser Gibson in 2016, provides geotechnical design and consulting services in the offshore wind and subsea oil and gas sectors. B
Irish company DesignPro Renewables has said that its custom-built grid connected mooring system is running smoothly at the SEENEOH test site in Bordeaux, France. In September 2018, DesignPro deployed a 25kW device at the SEENEOH test site as part of its €2.7-million Horizon 2020 SME Instrument funde
A survey commissioned by the Offshore Renewable Energy Catapult has revealed that more needs to be done when it comes to adopting and sharing new data and digital technologies. 94% of the participants in the Digital Innovation Priorities Survey said there is a gap between the way in which the offsho
A survey commissioned by the Offshore Renewable Energy Catapult has revealed that more needs to be done when it comes to adopting and sharing new data and digital technologies. 94% of the participants in the Digital Innovation Priorities Survey said there is a gap between the way in which the offsho
L3 Technologies together with Sonardyne will offer 6G-enabled capability across its commercial autonomous vessel product range. L3’s C-Stat 2 and C-Cat 3 autonomous vessels will be offered factory-fitted with Sonardyne’s 6G range of Ranger 2 Ultra-Short BaseLine (USBL) tracking and communications sy
Lundin with its partners Wintershall and OMV submitted the plan for development and operation (PDO) for the Solveig field (previously called Luno II). The Solveig oil discovery in PL359, is located 15 km south of the Edvard Grieg field and will be developed via a subsea tie-back to the Edvard Grieg
European Marine Energy Centre (EMEC) has awarded a contract to Bryan J Rendall Electrical (BJRE) for the provision of electrical support to the maintenance and operations of marine energy test sites in Orkney, Scotland. The electrical support framework agreement has a total value of GBP 250.000, acc
Minesto’s tender call, launched in December 2018, for the supply of a new generator and power conversion system to support the development of Deep Green tidal power technology, has ended with no result. According to the tender notice published on Welsh government’s procurement portal Sell2Wales, no
Eni has installed and activated the Inertial Sea Wave Energy Converter (ISWEC) production unit, capable of converting energy generated by waves into electricity, in Ravenna, Italy. The pilot plant was installed at the Ravenna offshore site by Eni’s Central Northern District and has been integrated i
Proserv has agreed a sale of its drilling services business (TIC) to pressure control systems specialist C-Automation. The divested business will now trade as C-Automation Services. Scott Shugart, president, Drilling Controls at Proserv, said: “Following a strategic review of our portfolio, providin
Shearwater GeoServices has secured a contract for a 4D seismic survey at the Troll Unit by Equinor, to be conducted this summer. The Troll Unit survey will last for approximately two months, the company informed. The survey will be conducted by the Amazon Conqueror using Shearwater’s Isometrix syste
Jan De Nul has been awarded a framework deal by TenneT for repairs of offshore high-voltage cables in the German Bight. The scope entails repairs of all TenneT’s existing HVAC cable systems connecting individual wind farms to the offshore convertor stations or directly to the onshore grid, as well a
