Research & Development
OMV Makes Two Discoveries Off Norway
OMV (Norge) has made gas/condensate discoveries in both the Hades and Iris prospects in licence PL 644 B, located in the Norwegian Sea. In the Hades prospect the well encountered c. 35 meters gross gas/condensate column within the Cretaceous Lange Formation of which 15 meters are net reservoir sands
Quanta opens Dutch office ahead renewables jobs upswing
International recruiter for jobs in renewable energy, Quanta Consultancy Services, has launched a new subsidiary based in the Netherlands.
Seabased launches wave energy fundraiser
Swedish developer Seabased has launched a crowdfunding campaign, targeting the maximum amount of $1.8 million, to support its wave energy development activities.
Report: Tidal Lagoon Power heads towards job cuts
The continued delay on the funding decision by the UK government for the Swansea Bay tidal lagoon project may reportedly cause the company behind the scheme, Tidal Lagoon Power, to soon reduce the number of employees.
OPERA wave project to present findings at ICOE 2018
The EU-funded OPERA project will disseminate the results of the initiative which aims to halve the cost of wave energy during the International Conference on Ocean Energy (ICOE) 2018.
Tocardo puts its bankruptcy puzzle together
Dutch tidal energy developer Tocardo International has provided more information on the activities which led to its bankruptcy – declared in January 2018 – and the ‘re-start’ of the company made possible through a fresh investment secured a month later.
OGTC – ITF Complete Merger
The ITF (Industry Technology Facilitator) and the Oil & Gas Technology Centre (OGTC) merger has now been completed. The merger to focus and enhance the technology and innovation support for the UK oil and gas industry, was announced in February this year. Teams from both organisations worked togethe
Top news, March 26 – April 1, 2018
Tidal Energy Today has compiled the top news from tidal and wave energy industry from March 26 until April 1, 2018.
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (March 26 – April 01). https://subseaworldnews.com/2018/03/26/technipfmc-to-deliver-subsea-systems-for-gumusut-kakap-project/ https://subseaworldnews.com/2018/03/27/mpsv-ievoli-ivory-marks-jfms-next-uk
Minesto narrows year-end loss
Swedish tidal energy developer Minesto has reported a decrease in loss of 37% for the year 2017 – compared to the financial results filed a year ago.
UK: Green Finance Taskforce calls for ‘one-stop-shop’ body
The Green Finance Taskforce has published a report ‘Accelerating Green Finance’ which calls on the government to consolidate the UK’s position as a leading hub for green finance.
Archer Demos Acoustic Listening Platform for Well Integrity
Archer has launched the ‘VIVID’ acoustic listening platform — a patented acoustic technology that detects, investigates and locates leaks in real-time, verifies cement barrier seals and characterizes downhole events with unparalleled precision. The VIVID platform consists of full-spectrum acoustic s
Offshore wind sets up date with tidal and wave
East England-based hub for offshore renewables, OrbisEnergy, has scheduled an event that will examine cross-sector opportunities in offshore wind and wave and tidal industries.
SINN Power all set for Cape Verde wave energy project launch
With the signed agreement between German developer SINN Power and Fazenda de Camarão, SINN Power announced it is all set to begin its first commercial wave energy project on Cape Verde.