Nautilus Minerals is to raise approximately US$100 million (C$98.1 million*) through a private placement of common shares to fund the development of its first project, Solwara 1, in the Bismarck Sea of Papua New Guinea. The placing will involve the issue of approximately 39 million shares to a numbe
With the wind industry moving toward larger wind turbine platforms in the future, GE Global Research, the technology development arm of the General Electric Company, today announced it has begun work on the first phase of a 2-year, $3 million project from the U.S. Department of Energy to develop a n
With the wind industry moving toward larger wind turbine platforms in the future, GE Global Research, the technology development arm of the General Electric Company, today announced it has begun work on the first phase of a 2-year, $3 million project from the U.S. Department of Energy to develop a n
The Australian Maritime College is celebrating 10 years of cutting-edge hydrodynamic research at the Model Test Basin, and a function was held on Tuesday, 23 August to mark the occasion. Past and present AMC staff members involved with the creation and ongoing development of the facility attended, a
An underwater war grave containing the victims of one of the worst British naval disasters of the first world war has been surveyed for the… (guardian) [mappress] Source: guardian, August 30, 2011;
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) released a new report evaluating how climate change may affect the environmental conditions measured and used in mathematical modeling for oil-spill trajectory analysis in the Arctic region. Key findings from the study includ
The latest effort to find the doomed ships of 19th century British arctic explorer Sir John Franklin ended in failure, Canadian officials… (upi) [mappress] Source: upi, August 29, 2011;
Officials are questioning the feasibility of a proposal by the Russian government to build a 64-mile long tunnel under the Bering Strait tha… (digitaljournal) [mappress] Source: digitaljournal, August 28, 2011;
Plans to develop an ocean-based renewable energy industry in Massachusetts took some positive steps forward last month with the successful… (southcoasttoday) [mappress] Source: southcoasttoday, August 28, 2011;
New mobile radar systems, each costing about £20 million, are being purchased from a US defence contractor to ensure Britain’s early … By Robert Mendick (telegraph) [mappress] Source: telegraph, August 28, 2011
New mobile radar systems, each costing about £20 million, are being purchased from a US defence contractor to ensure Britain’s early … By Robert Mendick (telegraph) [mappress] Source: telegraph, August 28, 2011
The mother ship of China’s manned deep-diving submarine, Jiaolong, has completed its mission of a 5,000-meter dive in the Pacific Ocean betw… (chinadaily) [mappress] Source: chinadaily, August 26, 2011;
Last spring, a volcano erupted 425 kilometers (about 265 miles) off the Oregon coast and far below the surface, at Axial Seamount. No one was aware for months. Now, the National Science Foundation’s Ocean Observatories Initiative will survey the site and stream live video of the volcano. It’s the fi
A coalition of 24 governors from both major parties and each region of the country has asked the administration to take a series of steps to provide a more favorable business climate for the development of wind energy, starting with a seven-year extension of the Production Tax Credit (PTC) and the I
