Scottish company Flex Marine Power has launched its second crowdfunding campaign on the Crowdcube platform, aiming to raise funds to deploy and test its SW2 tidal turbine at sea. According to Flex Marine Power, this follows a crowdfunding round in March, which raised £366,000 (approximately $461,00
Norwegian Electromagnetic Geoservices ASA (EMGS) has secured a contract with an undisclosed client for a controlled-source electromagnetic (CSEM) survey offshore India, valued at approximately $10 million. According to EMGS, the survey includes a mobilization fee and will be carried out by the compa
Written by Marius Five Aarset, CEO, Miros Group “The primary goal of ocean insights technology is to simplify and derisk maritime operations while enhancing decision-making in a challenging and dynamic environment at sea.” Dynamic positioning (DP) systems owe their very existence to the advent of of
German offshore wind and hydrogen developers plan to build an offshore electrolyzer demonstrator at the Alpha Ventus wind farm in the North Sea.
Eco Wave Power has unveiled preparations to inaugurate Israel’s first wave energy pilot project on December 5, 2024, at Jaffa Port, marking a step in the country’s renewable energy endeavors. The EWP-EDF One system, developed in collaboration with EDF Renewables Israel and supported by Tel Aviv-Yafo
Netherlands-based Symphony Wave Power has completed the installation of a turbine in its dry-test system, marking a step towards the development of its wave energy technology. The dry-test system installation represents an important phase in Symphony’s validation program, enabling the company to per
Dutch maritime engineering company NIM and Swiss high-tech firm EH Group have joined forces to advance the development and standardization of hydrogen fuel cell drive trains tailored for the maritime industry.
BAR Technologies signed an MoU with Mitsubishi Corporation and Nihon Shipyard to deliver WindWings to the Japanese shipping market.
Swiss marine engine developer WinGD has bagged new contracts for its ammonia-fueled X-DF-A engine design, slated for installation on seven 20,500 cbm and 41,000 cbm liquefied petroleum gas (LPG)/ammonia carriers that were ordered by China’s Tianjin Southwest Shipping. As disclosed, the engines will
Global OTEC has deployed its storm-resistant floating platform, marking a step in developing ocean thermal energy conversion (OTEC) technology. According to Global OTEC, the cylindric hull, named Don and built under the EU-funded PLOTEC project, was launched from Hidramar Shipyards into Atlantic wat
Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050), outlining its focus and priorities to reinforce its long-term vision.
The government of Singapore has unveiled a SGD $100 million (approximately $74,1 million) support package aimed at accelerating green growth in the marine and offshore energy sectors over the next five years. The investment was unveiled by Minister of State Alvin Tan at an event held in Singapore on
Norway’s Omega Subsea and Kystdesign have completed the factory acceptance test (FAT) for two newly developed remotely operated underwater vehicles (ROVs). The collaboration developed the Constructor Compact ROV, said to be a versatile, scaled-down version of Kystdesign’s Constructor model, retainin
Swedish wave energy company Seabased has signed a memorandum of understanding (MoU) with the Government of Grenada and SIDS DOCK to establish Grenada’s first utility-scale wave energy park. Unveiled on November 15 in Baku, the project will kick off with a 2 MW pilot phase, with plans to scale up to
