Outlook & Strategy
Wavepiston and university partners get €2M grant for wave energy project
Danish company Wavepiston and its two university partners have secured a government grant of over €2 million for a wave energy research project.
Welsh marine energy gets a boost with new collaboration deal
Marine Energy Wales and Morlais have signed a memorandum of understanding to enhance their collaborative efforts and accelerate growth of the marine energy sector.
WASP draws to a close with five vessels retrofitted
The EU-Interreg North Sea Region project, known as ‘WASP: Wind Assisted Ship Propulsion,’ has concluded with the retrofitting of five commercial vessels with wind-assist systems. As part of the project, three different wind propulsion technologies were rigorously tested, with third-party validations
Gen2 Energy looking into Provaris’ hydrogen shipping solution for its Åfjord project
Provaris Energy, an Australian developer of green hydrogen projects, and its Norwegian counterpart Gen2 Energy have teamed up to develop a large-scale European hydrogen supply chain. With this aim in mind, the parties signed a collaboration agreement to conduct a comprehensive pre-feasibility study
Eco Wave Power outlines plans for share repurchase program
Swedish-Israeli onshore wave energy company Eco Wave Power has set out plans to launch a share repurchase program in an effort to improve its capital structure and investment value.
UECC bunkers biofuel for 1st time on time-chartered vessel
Norwegian provider of shortsea RoRo transportation United European Car Carriers (UECC) has bunkered sustainable biofuel on a time-chartered vessel in collaboration with Dutch biofuel provider GoodFuels and vessel owner NYK. GoodFuels delivered the B30 blend, 470 tonnes of VLSFO and sustainable biofu
Electrolyzer facility HySynergy hits several milestones
Danish green hydrogen provider Everfuel has announced that several milestones were attained towards completing the 20 MW HySynergy phase 1 electrolyzer in Fredericia, Denmark. The company said it obtained environmental approval for the hydrogen plant from the Danish Environmental Ministry, and it ma
Centrica taps Wood to explore low-carbon hydrogen production hub in East Yorkshire
UK’s Centrica Storage has teamed up with consulting and engineering firm Wood to evaluate the feasibility of transforming its Easington gas processing terminal into a low-carbon hydrogen production hub. Based in East Yorkshire, the hub will be integrated with Centrica’s Rough field redevelopment and
Argeo secures new patent for tracking and detection of pipelines and power cables
Argeo Robotics, a fully owned subsidiary of marine survey contractor Argeo, has been granted a patent from the Norwegian Industrial Property Office for a subsea electromagnetic remote-sensing system for tracking of buried cables and pipelines below the seafloor.
Australian research centers join forces with CorPower Ocean on wave energy hydrodynamics project
Marine Energy Research Australia (MERA) has teamed up with CorPower Ocean and Australia Ocean Energy Group (AOEG) to perform an extensive study focused on wave energy hydrodynamics, which could result in driving performance, reducing cost and accelerating commercialization of wave energy technology.
OMV CEO staying put for two more years
OMV has reappointed its current Chairman of the Executive Board and Chief Executive Officer (CEO), extending its stay in this role.
Fugro to explore ground conditions for future French offshore wind farms
Fugro has secured a contract with France’s Directorate General of Energy and Climate (DGEC) and Réseau de Transport d’Electricité (RTE) to perform a ground investigation campaign set to support the development of future wind farms in French waters. The acquired geo-data will be used by pre-selected
Wood allies with Transitus on decarbonization in United Kingdom
Consulting and engineering company Wood has signed a Memorandum of Understanding (MoU) with energy transition company Transitus Energy to explore opportunities for onshore and offshore decarbonization projects across the United Kingdom (U.K.) energy industry. According to Wood, the two companies wil
Welsh marine energy sector breaks record with €120M investment over last year
The Marine Energy Wales annual State of the Sector Report has highlighted the progress and achievements of Wales in the marine renewable energy sector, unveiling €120.4 million investment in the sector over last year – nearly quadrupling the previous year’s figures.