ESCO Corporation, a Portland, Oregon, based designer, manufacturer and provider of equipment used by companies in dredging, mining, construction and industrial markets, has entered into an agreement to be acquired by The Weir Group PLC for an enterprise value of $1.285 billion. Founded in 1871 in Gl
Damen Dredging Equipment has launched a new DOP Dredger Series following the success of the DOP submersible dredge pump, which has proved its versatility across the globe. The company has built more than 20 DOP dredgers on a one-off basis and at least 380 DOP pumps. According to Damen, the DOP subme
Synaptec has launched Refase, a new distributed sensor system said to significantly reduce outage and repair costs caused by subsea power cable faults by providing an automated response.
Partrac, the Scottish-based marine survey and coastal consultancy group, has launched its U.S. subsidiary – Partrac GeoMarine Inc. Partrac GeoMarine is based in Houston, Texas, and offers the full range of services and products already offered by its parent company in Europe. “Houston is the ideal U
The Swiss Schweizer Kapital Global Impact Fund, represented by Umut Ertan, has contributed to bringing SINN Power’s wave energy technology to market maturity in 2022 with €4.7 million.
Offshore Marine Management (OMM) has awarded DataVerse-AIM Ltd with a contract for the supply of its asset integrity management software for the operations and maintenance phase of an offshore wind farm in Germany.
Vattenfall has procured OceanWise’s Raster Charts XL (eXcluding Land) as a Web Map Tile Service (WMTS) for Northern Europe.
MHI Vestas Offshore Wind and Ramboll have jointly developed a software tool which allows foundation designers to independently perform integrated load analyses in an encapsulated or closed-system version of the full turbine model used for detailed foundation load simulations.
AW-Energy and Queen’s University Belfast have completed a six-month project that concentrated on recording the loads of different WaveRoller components, mainly the foundation and the panel, with an aim develop the WaveRoller solution further.
Flintstone Technology Ltd is diversifying its Subsea Mooring Connector (SMC) to help drive down costs for the offshore floating wind industry. According to Flintstone Technology, the SMC system, which has been used in a number of oil & gas projects, is a low cost, easy to install solution which will
Independent wind asset operations management specialist OutSmart BV has selected Kongsberg Digital AS to provide an integrated management system on the Kognifai digital platform and ecosystem which will be used to manage OutSmart’s onshore and offshore wind turbine portfolio.
Swedish wave energy company Seabased has raised almost 70% of its minimum target in a crowdfunding campaign launched on March 16 and running until May 6. The company had set the maximum goal for the campaign at some $1.8 million (SEK 15 million), while the minimum target is approximately $600,000 (S
Ørsted is looking for a provider of a Software-as-a-Service solution to support a Risk management system which meets the requirements of the company’s wind power business unit.
MarineEnergy.biz has compiled the top news from tidal and wave energy industry from April 9 – 15, 2018.
