Eco Wave Power has entered into collaboration agreement with the Israeli Ministry of Defense to examine the feasibility of installing its wave energy technology in the Israeli Navy’s bases.
Fuel consumption and CO2 emissions of new generation floating storage regasification units (FSRUs) can be reduced by 50 per cent at maximum rated regas flow rate compared to conventional existing FSRUs, a new demonstration test found.
Ocean Power Technologies (OPT), supported by the U.S. Department of Energy (DOE) grant, is set to perform a preliminary conceptual design study to further develop its novel wave energy converter aimed at powering autonomous ocean monitoring systems.
Challenger Energy, the company formerly known as Bahamas Petroleum, is trying to extend its license periods for offshore blocks in the Bahamas, regardless of the first well there being a disappointment.
The Naval Facilities Engineering and Expeditionary Warfare Center has provided $6 million to the University of Hawaii at Mānoa (UH) to provide critical research and logistical support to the Navy’s Wave Energy Test Site (WETS), located offshore Marine Corps Base Hawaii.
The Gambia’s A1 offshore block is once again free for licensing only days after BP agreed to a $29.3 million settlement for failing to meet its drilling obligations in the block.
The offshore energy sector has this week witnessed the unwavering nature of energy transition which is bound to continue – hopefully at an accelerated pace – as the nature itself steps up its cries for protection by employing the ‘shock and awe’ tactics which set many areas of the world ablaze due t
National Renewable Energy Laboratory (NREL) researchers have started testing thermoplastic composite blades, said to have the potential to revolutionise the marine energy industry, on a large-scale tidal power turbine.
Even more pressure is being put on Australia’s energy major BHP to announce a firm stance on the future of its oil and gas business when it announces its results next Tuesday.
Costly environmental regulations recently introduced by the UN maritime body International Maritime Organization (IMO) are among the main factors for increased ship demolitions this year.
Wood chip carrier Crimson Polaris, which broke into two pieces after running aground off Japan earlier this week, had about 1,700 tons of oil on board.
The American Bureau of Shipping (ABS) has brought together leading companies in the FPSO sector to address the safety challenges produced by an ageing fleet.
Edinburgh-based marine energy specialist QED Naval has retrieved tidal flow measurement equipment from its tidal test site off Yarmouth Harbour.
Two US congressmen have introduced the “Ocean Shipping Reform Act of 2021″, the first major update of federal regulations for the global ocean shipping industry since 1998.
