Lundin Petroleum AB (“Lundin Petroleum”) announces that its wholly owned subsidiary Lundin Malaysia BV has received approval for the Bertam Field Development Plan from PETRONAS. The Bertam field is the first development project operated by Lundin Petroleum in Malaysia. The Bertam field is located in
Siemens will reduce the cost of offshore wind turbines by 30 percent by 2020. The head of the offshore wind business from Siemens, Michael Hannibal told this to the Handelsblatt news site. As a result, the price of electricity per kilowatt-hour will drop to about ten euro cents. Today, the kilowatt
The OWI-Lab climate chamber is a realization of the ‘Offshore Wind Infrastructure Application Lab’ (OWI-Lab). This lab is a R&D initiative which aims to initiate and support innovation projects concerning offshore wind energy. The project’s purpose is to increase the reliability and efficiency of of
The OWI-Lab climate chamber is a realization of the ‘Offshore Wind Infrastructure Application Lab’ (OWI-Lab). This lab is a R&D initiative which aims to initiate and support innovation projects concerning offshore wind energy. The project’s purpose is to increase the reliability and efficiency of of
Pacific Crossing, a Japanese company that owns an underwater fiber optic telecommunications cable that connects the U.S. to Asia, expressed its concerns about the tidal power project for which the Snohomish County Public Utility District (SNOPUD) had applied with the Federal Energy Regulatory Commis
Pacific Crossing, a Japanese company that owns an underwater fiber optic telecommunications cable that connects the U.S. to Asia, expressed its concerns about the tidal power project for which the Snohomish County Public Utility District (SNOPUD) had applied with the Federal Energy Regulatory Commis
Douglas-Westwood (DW) forecast the market for the operation of work-class ROVs through to 2017 in this sixth edition of the World ROV Operations Market Forecast. Results forecast total ROV operations expenditure of $9.7 billion, an increase of nearly 80% over the previous five-year period. Drilling
Osiris Projects Commercial Manager Patrick Clark discusses the company’s long-standing experience working in the oil and gas industry and developments planned for 2014 at Offshore Europe. Among the oil and gas developments discussed, in the following video Patrick also mentions a sister ship to flag
OERA is inviting submissions of Expressions of Interest (EOI) as a first step, followed by a request for detailed proposals from qualified applicants – to provide a comprehensive assessment of the value proposition and potential economic value of tidal power development to Nova Scotia, the Atlantic
OERA is inviting submissions of Expressions of Interest (EOI) as a first step, followed by a request for detailed proposals from qualified applicants – to provide a comprehensive assessment of the value proposition and potential economic value of tidal power development to Nova Scotia, the Atlantic
Renewable energy – such as wind – is only competitive thanks to generous UK Government subsidies. Those subsidies are paid for by consumers through higher household energy bills. The TaxPayers’ Alliance can reveal that, even based on conservative projections, those subsidies will rise from just unde
Renewable energy – such as wind – is only competitive thanks to generous UK Government subsidies. Those subsidies are paid for by consumers through higher household energy bills. The TaxPayers’ Alliance can reveal that, even based on conservative projections, those subsidies will rise from just unde
Global Marine Exploration, Inc. (GME), the successful Florida-based treasure salvage company seeks to raise $12 million dollars to continue development of their deep underwater salvage division GME Deep. This effort is the next step in the company’s plan to rescue billions in gold and treasure from
Duke Energy and Clemson University have committed at the Clinton Global Initiative to work together to develop new models for generating and distributing electricity. At the core of the partnership are workforce development initiatives and academic programs that will help develop technology to bette
