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Kraken wraps up $17 million purchase of US underwater LiDAR technology company
Vision

Kraken wraps up $17 million purchase of US underwater LiDAR technology company

Canada-headquartered marine technology player Kraken Robotics has completed the acquisition of 3D at Depth, a subsea technology and services company specializing in high-resolution LiDAR imaging and measurements. Kraken Robotics announced on March 13 that it had, through a subsidiary, signed a defin

about 1 year ago
Orkney Research and Innovation Campus - ORIC (Courtesy of Highlands and Islands Enterprise)
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Orkney’s marine renewables campus moves to HIE ownership

Highlands and Islands Enterprise (HIE) has taken full ownership of the Orkney Research and Innovation Campus (ORIC) in Stromness, Scotland, following the transfer of Orkney Islands Council’s (OIC) share in the joint venture (JV). According to HIE, the move comes as ORIC prepares for a second phase o

about 1 year ago
Development and operation plan handed in for Northern Lights expansion
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Development and operation plan handed in for Northern Lights expansion

Some five days after taking the final investment decision (FID), Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have submitted the plan for development and operation (PDO) to the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage de

about 1 year ago
UK firm picks its first international franchisee for fully autonomous USV charter fleet
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UK firm picks its first international franchisee for fully autonomous USV charter fleet

UK-headquartered Zero USV has named Leeway Marine as its first international franchisee for its uncrewed surface vessel (USV) charter fleet in North America. According to Zero USV, Oceanus12 is designed for long-distance over-the-horizon operations and is mission agnostic, allowing a wide range of p

about 1 year ago
'Sizeable' Northern Lights Phase 2 contract to keep Subsea7 busy for next two years
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Subsea7 and Aker Solutions tasked with work for Northern Lights Phase 2

Norway’s state-owned Equinor, acting as the technical service provider (TSP) for the project, has awarded Subsea7 and Aker Solutions with contracts for the second phase of the Northern Lights CO2 transport and storage development in Norway, after the final investment decision (FID) was announced las

about 1 year ago
Gibraltar wave power plant (for illustration purposes); Source: Eco Wave Power
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Eco Wave Power adds Vistra Energy board member to its advisory board

Wave energy developer Eco Wave Power has appointed Vistra Energy board member Hilary E. Ackermann to its advisory board. According to Eco Wave Power, Ackermann, also a former Chief Risk Officer at Goldman Sachs Bank USA, brings experience in risk management, corporate governance, and clean energy tr

about 1 year ago
DMEC-led accelerator program opens first support call for offshore energy innovations
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DMEC-led accelerator program opens first support call for offshore energy innovations

The Dutch Marine Energy Centre (DMEC)-led Offshore Accelerator for System Integration and Storage (OASIS) project has launched the first support call for offshore energy innovations. The initiative aims to support innovative companies in the North Sea region by accelerating their growth and enhancin

about 1 year ago
With phase 1 fully booked, Northern Lights partners take €662M FID for second phase
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With phase 1 fully booked, Northern Lights partners take €662M FID for project expansion

Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the namesake CO2 transport and storage development. This will increase the project’s transport and storage capacity from 1.5 million to over 5 million ton

about 1 year ago
16 applicants pursuing Denmark's $4.1 billion carbon capture and storage fund
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16 applicants pursuing Denmark’s $4.1 billion carbon capture and storage fund

The Danish Energy Agency has received applications from 16 companies in the call for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion (around $4.1 billion) available to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, tr

about 1 year ago
Prysmian, N-Sea join efforts to improve submarine cable security under 7-year deal
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Prysmian, N-Sea join efforts to improve submarine cable security under 7-year deal

Italian cabling company Prysmian Group and Dutch integrated subsea solutions service provider N-Sea Group have signed a seven-year framework agreement for rapid response maintenance and repair of submarine cables. The collaboration targets enhanced energy security, bolstering the resilience of subma

about 1 year ago
Petrobras and NOV looking to develop CO2-resistant flexible pipes for deep water
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Petrobras and NOV looking to develop CO2-resistant flexible pipes for deep water

American oilfield services company NOV and Brazilian state-owned energy firm Petrobras have signed a pre-commercial agreement for the development of flexible pipes designed for high CO2 deepwater applications. The collaboration, formalized with the signature of an agreement in February, focuses on c

about 1 year ago
UK-based Global OTEC is advancing ocean thermal energy with its first onshore pilot of the OTEC Power Module, a compact system designed to generate continuous, clean electricity from ocean temperature
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Global OTEC unveils ‘largest onshore’ OTEC pilot to date

UK-based Global OTEC is advancing ocean thermal energy with its first onshore pilot of the OTEC Power Module, a compact system designed to generate continuous, clean electricity from ocean temperature gradients. The onshore demonstration will tap into existing deep seawater intake sites, using the t

about 1 year ago
Allseas setting the stage for pipelaying at EU's landmark CO2 transport and storage project
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Allseas setting the stage for pipelaying at EU’s landmark CO2 transport and storage project

An Allseas vessel has commenced offshore works for the first offshore carbon capture and storage (CCS) project in the Netherlands with an unexploded ordnance (UXO) survey along the pipeline route, seen as one of several important pre-lay activities before pipeline installation. Allseas’ purpose-buil

about 1 year ago
Sea1 orders second next-generation, methanol-ready OESV pair from Chinese shipyard
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Sea1 orders second next-generation, methanol-ready OESV pair from Chinese shipyard

Norwegian vessel operator Sea1 Offshore, ex-Siem Offshore, has placed an order with Chinese shipyard Cosco Shipping for an additional two next-generation offshore energy support vessels (OESVs), sisters to the two ordered at the end of 2024. Sea1 Offshore placed the order for the first two OESVs wit

about 1 year ago
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