Tracerco, part of Johnson Matthey Plc, has reaffirmed its commitment to the north east region with the official opening of its new 61,000 square feet Measurement Technology Centre in Billingham. The £9million investment, which houses 150 people, at the Belasis Business Park Enterprise Zone, has prov
Research and Markets has launched “Global Tidal Energy Market 2014-2018” report. The Global Tidal Energy market is set to grow at a CAGR of 24% over the period 2013-2018. The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americ
A Greek and international team of divers and archaeologists has retrieved stunning new finds from an ancient Greek ship that sank more than 2,000 years ago off the remote island of Antikythera. The rescued antiquities include tableware, ship components, and a giant bronze spear that would have belon
Statoil Petroleum AS, operator of production licence 714, is currently completing the drilling of wildcat well 7220/2-1. The well was drilled about 40 kilometres northeast of the oil and gas discovery 7220/8-1 Johan Castberg in the Barents Sea, and about 260 kilometres northwest of Hammerfest. The p
Research and Markets has announced the addition of the “Global Tidal Energy Market 2014-2018” report to their offering. The Global Tidal Energy market will grow at a compound annual growth rate (CAGR) of 24% over the period 2013-2018, the report says. Tidal energy is a form of hydropower generation,
The subsea sector is reportedly set to quadruple in size, with projected annual revenues of £85bn by 2020. Currently 45% of the UKCS (United Kingdom Continental Shelf) production comes from subsea wells and with an increased focus on maximising economic recovery, one of the key challenges is to incr
Iberdrola, via its engineering and construction subsidiary, the Scottish University of Strathclyde and the Offshore Renewable Energy (ORE) Catapult have started work on the TLPWIND project, an R&D initiative with a focus on the offshore wind power sector and a budget allocation in excess of €1 milli
The Joint Research Centre (JRC) of the European Commission has published its report on European marine energy technology and innovation. Drawing on initiatives of key actors from industry and academia, the report portrays the development of the sector through collaborative networks and knowledge exc
Lundin Petroleum AB (Lundin Petroleum) has started drilling of exploration well 33/2-1 in PL555. The well will investigate the hydrocarbon potential of the Storm Prospect in PL555, which is located 200 km west northwest of Florø on the Norwegian west coast and approximately 65 km northwest of the Sn
The Association of Arctic Expedition Cruise Operators (AECO) and the International Association for Antarctica Tour Operators (IAATO), in cooperation with Lindblad Expeditions, have found a way for cruise operators to share years of depth soundings from the Arctic and Antarctica. AECO and IAATO have
LR Senergy (Survey & GeoEngineering) has announced the latest release of its industry leading Iris offshore project and data management web application, incorporating significant advances in the management of subsea pipeline and asset inspection data. Iris(v2.2) can now be used to support pipeline a
The statutory consultation on the Triton Knoll Electrical System proposals will run from 15th October to 19th November 2014. RWE has announced that it is now at a stage of the project where it can begin statutory consultation on the whole Triton Knoll Electrical System proposals ahead of submitting
The statutory consultation on the Triton Knoll Electrical System proposals will run from 15th October to 19th November 2014. RWE has announced that it is now at a stage of the project where it can begin statutory consultation on the whole Triton Knoll Electrical System proposals ahead of submitting
With the aim of expanding the so far only fragmentary knowledge about the processes on the seafloor of the Mediterranean and improving the risk assessment, researchers from GEOMAR and their colleagues from France and Italy have started an expedition on the German research vessel METEOR into the wate
