Wave Energy Scotland (WES) is looking to appoint external experts who will provide independent assessments of the projects that will proceed to the next stage of WES’ power take-off (PTO) development program.
Oilfield services investment company Akastor recorded loss of NOK 321 million ($39 million) for the second-quarter 2017 compared to loss off NOK 832 million ($101.6 million) same time last year. The Oslo-listed company as a group generated some 34 per cent lower revenue (NOK 873 million) in the seco
Centrica and Stadtwerke München (SWM) have reached an agreement to combine Centrica’s European oil and gas exploration and production (E&P) business with Bayerngas Norge to form a newly incorporated joint venture and create an independent European E&P company. The Joint Venture will have two shareho
Nova Innovation has received an agreement for lease (AfL) from The Crown Estate to explore the potential of Bardsey Sound for tidal power generation.
Statoil and partners ENI and Petoro have made a small gas discovery in the Blåmann well, between the Snøhvit and Goliat fields in the Barents Sea. Recoverable volumes are estimated at 1.5-3 billion standard cubic metres (BCM), approximately 10-20 million barrels of oil equivalent (BOE). The well was
Cooper Energy said it is pursuing a dual stream process to identify and secure the optimal financing for the Sole gas project located in the Gippsland Basin offshore Victoria. According to the company which has 100% interest in the Sole gas field, the options under consideration include senior bank
Nova Innovation has teamed up with renewable energy organisation YnNi Llŷn to develop a tidal energy project at Bardsey Sound (Ynys Enlli) off the Llyn Peninsula in north Wales. The Crown Estate has awarded Nova Innovation an Agreement for Lease for the project which enables them to start fully expl
Tidal Energy Today has compiled the top news from tidal and wave energy industry from July 10 – 16, 2017.
The local community action group for the Pembrokeshire area Transition Bro Gwaun has reportedly secured a little over £93,000 to develop a tidal energy project off Wales.
Hydratight has opened a global Joint Integrity College (JIC) at Red Wing, Minnesota, USA. This is the second college to be established by the company which opened its first JIC in the UK in November 2014. The new purpose-built facility includes two classrooms and a full site simulation practical are
Maritime Research Institute Netherlands (MARIN) has tested the concept for floating mega island which could be powered by tidal and wave energy.
Two Andritz Hydro Hammerfest (AHH) tidal turbines have generated more than 100MWh of clean energy to the UK grid in less than one week after their redeployment at MeyGen site.
Ensco has been awarded three drillship contracts offshore West Africa, representing an aggregate three years of contracted term and more than six additional years of options. ENSCO DS-4 is expected to start a two-year contract with Chevron offshore Nigeria in August 2017. The contract also includes
An export pipeline for the Maersk Oil Culzean field in the UK North Sea has been laid by Subsea 7. According to Maersk Oil’s latest update, Culzean’s export pipeline has been laid safely and on time by Seven Borealis, the 182-meter pipelay and heavy lift vessel. Subsea 7 secured the subsea, umbilica
