Equinor has submit the plan for development of the next phase of the gigantic Troll field on the Norwegian continental shelf (NCS) to the Ministry of Petroleum and Energy. “The third phase of the Troll development realizes 2.2 billion barrels of oil equivalent, it has a break-even of less than USD 1
Ocean Energy Europe (OEE) has welcomed the findings of the European Commission’s ocean energy market study which strongly advised acting ‘towards the implementation of revenue support mechanisms, as much as possible consistent across EU Member States’ to create certainty for the sector.
Former Head of Turbine Development at Tidal Lagoon Power – Michael Case – has joined civil engineering organization, HR Wallingford, as Business Development Manager for the power sector.
Swedish marine energy developer Minesto has begun with the commissioning of its first tidal energy project in commercial scale in North West Wales.
UK wave technology development company Marine Power Systems (MPS) has installed its quarter-scale WaveSub prototype at FaBTest marine test center, located off the coast of Cornwall.
BP has launched the landmark Shah Deniz 2 gas development in Azerbaijan, including its first commercial gas delivery to Turkey, on Monday. The BP-operated $28 billion project is the first subsea development in the Caspian Sea and the largest subsea infrastructure operated by BP worldwide. It is also
German wave energy company SINN Power has installed and commissioned two of its ‘improved’ wave energy converter modules on the largest Greek island of Crete.
MarineEnergy.biz has compiled the top news from marine energy industry from June 25 until July 1, 2018.
The northern region of Belgium called Flanders has launched a Blue Cluster – an organization dedicated to developing and promoting economic activities that are linked to the sea – including marine energy undertakings.
David Clubb reflects on the UK Government’s decision not to invest in the Swansea Bay Tidal Lagoon
Ocean Power Technologies (OPT) has signed a contract with Premier Oil to supply its wave-harnessing PowerBuoy for the deployment in an oil and gas field in the Central North Sea.
In the first quarter of 2018, renewable electricity generation in Scotland has increased for 11% or 736 GWh from the same quarter last year, with installed renewable electricity capacity also rising by 11% or 999MW over the same period, according to government reports.
Vestas and Maersk Supply Service, in cooperation with MHI Vestas Offshore Wind, are developing a crane solution that could, according to the companies, significantly bring down the cost of wind turbine installation.
Offshore wind developer Equinor has installed Batwind solution – said to be the world’s first battery for offshore wind – at its Hywind Scotland floating offshore wind farm.
