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Technology

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Malux enters the subsea market by acquiring the Bergen-based subsea company, Transmark Subsea
Technology

Swedish company expands with acquisition of Transmark Subsea Bergen

Malux, a Sweden-based specialist in solutions for niche industries, has acquired Norwegian subsea solutions provider Transmark Subsea’s Bergen-based operations to expand its portfolio in the subsea market. According to Transmark Subsea, this move enhances the company’s ability to deliver subsea solu

about 1 year ago
FPSO EmissionZero; Source: SBM Offshore
Technology

Harnessing cutting-edge technologies to shape next-generation FPSO future

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While floating production storage and offloading (FPSO) units continue to dominate the deepwater offshore oil and gas projects’ scene, these systems are being adopted for offshore green energy production to unleash clean power from renewables.

13 minutes read
Wireless EV charging provider InductEV joins Zero Emissions Port Alliance
Technology

Wireless EV charging provider InductEV joins Zero Emissions Port Alliance

U.S. wireless EV charging provider InductEV has joined the Zero Emissions Port Alliance (ZEPA), an industry-wide strategic coalition aiming to accelerate port decarbonization by making battery-electric container handling equipment (BE-CHE) affordable and accessible.

about 1 year ago
Offshore Energy Recap 2024
Technology

Readers’ choice: Offshore Energy’s most-read news of 2024

With increasing coverage of global energy transition efforts, but also energy security worries, keeping up with everything can be a challenge. To celebrate the year gone by, the Offshore Energy editorial team brings you the most-read stories on the site that defined the journey throughout 2024. $30

about 1 year ago
Viridien company backs OBN survey in Gulf of Mexico with its new marine seismic source
Technology

Viridien company backs OBN survey in Gulf of Mexico with its new marine seismic source

France-based Sercel, a designer and manufacturer of high-tech solutions for subsurface exploration and part of Viridien, has secured a contract with a marine geophysical company to deploy its new marine seismic source in the Gulf of Mexico. Sercel will deploy its Tuned Pulse Source (TPS) and related

about 1 year ago
PowerCell
Technology

PowerCell clinches $3.8 million fuel cell systems order

Swedish hydrogen fuel cell provider PowerCell has bagged a follow-up order for its fuel cell system from an undisclosed Europe-based OEM manufacturer valued at approximately SEK 41.8 million (circa $3.8 million). As disclosed, the order consists of 14 additional units of Powercell’s Marine System 22

about 1 year ago
Weco's Kaizen Wave Energy Converter
Technology

Weco’s wave energy converter produces first power (Video)

The Hague-based Wave Energy Collective (Weco) has reached a milestone in the development of its Kaizen wave energy converter (WEC), as the device had generated its first power. Weco said that it was also able to validate and optimize the design further. The company collaborated with Deltares, a Neth

about 1 year ago
Solstad buys into Omega Subsea
Technology

Solstad buys into Omega Subsea

Solstad Subsea Holding, a wholly owned subsidiary of Norwegian shipping company Solstad Offshore, is set to acquire a 35.8% ownership share in Norway’s ROV, tooling, personnel, survey and project management services provider Omega Subsea. Established in 2012, Omega Subsea, with offices in Norway and

about 1 year ago
The CorPower 4 wave energy device offshore Porgual (Courtesy of CorPower Ocean)
Technology

European Investment Bank backs CorPower Ocean’s wave energy project

Swedish company CorPower Ocean’s wave energy initiative in Portugal has gained backing from the European Investment Bank (EIB), which views the project as an “innovative solution that could revolutionize the renewable energy landscape.” According to CorPower Ocean, the EIB is providing the company w

about 1 year ago
Provaris making strides in developing hydrogen supply chains
Technology

Provaris making strides in developing hydrogen supply chains

Australian Provaris Energy has been making progress in developing hydrogen supply chains and advancing the company’s proprietary hydrogen carrier.

about 1 year ago
EU approves €3 billion German-Dutch RFNBO scheme, hydrogen in focus
Technology

EU approves €3 billion German-Dutch RFNBO scheme, hydrogen in focus

The European Commission has approved, under EU State aid rules, a €3 billion German-Dutch scheme to support the production of renewable fuels of non-biological origin (RFNBOs), including renewable hydrogen, throughout the world.

about 1 year ago
Mocean Energy’s Blue X wave energy device under sea trials (Courtesy of Mocean energy/Photo by Colin Keldie)
Technology

Mocean Energy lands £1.2M grant and almost £200K for further commercial work

Scottish wave energy company Mocean Energy has secured £140,000 (around $178,000) of further commercial work and a £1.2 million (around $1.5 million) grant from Wave Energy Scotland (WES) to further develop a novel direct drive generator for wave energy technology. According to Mocean Energy, the fu

about 1 year ago
Auramarine to provide safety systems for A2B-online’s new methanol-fueled container vessels
Technology

Auramarine to provide safety systems for A2B-online’s new methanol-fueled container vessels

Fuel supply systems provider Auramarine has signed a cooperation agreement with logistics service company A2B-online to provide methanol safety systems and automation for the latter’s two newbuild 650 TEU methanol-fueled container vessels.

about 1 year ago
Wärtsilä's
Technology

Wärtsilä’s €200M revenue ANCS unit to be sold to Solix Group

Finnish technology heavyweight Wärtsilä is set to divest its Automation, Navigation and Control System (ANCS) business to the Swedish investment company Solix Group AB. Pending formal approvals, the transaction is expected to be completed in the second quarter of 2025. ANCS—which was acquired by Wär

about 1 year ago