New IRENA market analysis sees renewable energy driving growth and expanding energy access in Southeast Asia.
Norwegian owner and operator of offshore vessels Solstad Farstad has recognized loss of 1.15 billion Norwegian Kroner (NOK) (USD 146 million) in the final quarter of 2017, up from 1,5 billion Kroner (USD 190.5 million) in the corresponding comparable period in 2016. Solstad Farstad is the result of
Scotrenewables Tidal Power has informed its SR2000 tidal turbine reached over 1.5GWh of cumulative generation since last deployment.
Subsea engineering specialist Oceaneering has reported net income of $173.6 million, or $1.76 per share, on revenue of $484 million for the three months ended December 31, 2017. Adjusted net loss was $8 million, or $8 cents per share, offset by $181 million adjustments, mostly related to $189 millio
Oslo-listed SeaBird has narrowed its quarterly loss for the period ended December 31, 2017 as revenues increased close to 60 percent on higher fleet utilization. The seismic data provider for oil and gas companies posted loss of around $5.9 million or 1 cent per diluted share for the fourth quarter
DOF Subsea, a subsidiary of DOF Group, reported loss in the fourth quarter of 2017 of NOK 375 million ($47.6 million), compared with loss of NOK 430 million ($54.6 million) in the corresponding period in 2016. Full year result for 2017 came out negative, with net loss of NOK 273 million ($34.6 milli
The new, historic low, price of offshore wind can be replicated by tidal lagoon industry with the right government leadership, according to the Chairman of All-Party Parliamentary Group for Marine Energy and Tidal Lagoons Richard Graham.
Wave Hub has submitted an environmental scoping report to Natural Resources Wales and the Marine Management Organisation for the Pembrokeshire Demonstration Zone (PDZ).
The Nippon Foundation – GEBCO Seabed 2030 Project is now operational, chairman Yohei Sasakawa announced at a press conference. The project will realize Sasakawa’s vision of mapping the entire ocean floor by 2030. The Nippon Foundation has pledged US$2 million annually, and is calling for additional
Vattenfall, the Swedish energy group, plans to deploy High Voltage Direct Current (HVDC) cable technology to connect Norfolk Vanguard offshore wind farm and its sister project Norfolk Boreas to the UK National Grid. The wind farm developer said that it has made a strategic decision to back HVDC on t
Irish developer Sea Power has engaged the services of both Exceedence and Wood for the techno-commercial evaluation of its wave energy system.
Dragados Offshore has won a contract from Mærsk Oil and Gas for the Tyra East G & Tyra East H jackets for the ‘Tyra Future Development Project’, both to be installed in the Danish sector of the North Sea. Dragados Offshore’s scope of work includes project management, HSEQ management, procurement, co
Following deep search and rescue vehicle (DSRV) trials, JFD said it has completed the build of the first of its two new submarine rescue systems, due to be delivered to the Indian Navy in March 2018. The completion of the build will be commemorated by a ceremony hosted by JFD and attended by senior
Israeli wave energy developer Eco Wave Power has reached 15,000 grid connection hours in its pilot wave power plant in Gibraltar – claiming it to be a new world record.
