Boskalis hired to recover sunken Velesto rig off Malaysia
Boskalis has been hired to recover a sunken Velesto (KLSE: VELESTO) oil rig off Malaysia.
Wave & Tidal
Wave and Title Energy News
Petrobras confirms talks with Adnoc, Apollo
In May, reports suggested Adnoc and Apollo had offered $7.6 billion for Braskem.
Petrofac wins O&M contract extension for FPSO
Valeura is carrying out refurbishment work on the FPSO, worth $9mn. This is intended to ensure ongoing reliability and extend its class certification.
UK geothermal energy could unlock jobs in deprived areas, says MP’s report
Utilising geothermal energy could unlock jobs in some of the most deprived areas of the UK, according to a report by an MP.
Saudi Aramco taps Turkish firms for $50 billion building spree
Saudi Aramco met with an army of Turkish contractors this week to discuss $50 billion of potential projects in the Gulf kingdom, underlining improving trade ties between the two countries after they buried a diplomatic spat over the killing of Jamal Khashoggi.
Offshore Companies: Top Tips to Minimise Immigration Frustration
With the offshore market experiencing a post-pandemic recovery, many businesses are endeavouring to recruit in-demand workers to ensure they’re fully resourced to deliver on their programmes.
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How can Aberdeen ensure its getting the best skills for the energy transition?
Aberdeen’s ongoing transition of decarbonising the oil and gas industry and investing in the development of sustainable green energies has the potential to inject new life into the city, restoring its position on the world stage as an economic powerhouse.
Homemade hydrogen and oxygen may mean greener space flights from Shetland
Energy developer Nova Innovation is leading a consortium to look at the potential of producing green hydrogen and oxygen from its tidal projects in Shetland.
Scottish wave developer puts plans in Mocean
The past 12 months have seen wave technology firm Mocean Energy go from strength to strength, as a major demonstrator project off Orkney paves the way for commercial deployments.
Orkney marine facility worth £370m to UK economy
New analysis commissioned to mark 20 years since the opening of the EMEC facility on Orkney shows it has supported millions of pounds in investment and hundreds of jobs across the UK.
Mocean chooses TEXO for wave energy fabrication work
TEXO Engineering and Fabrication has been chosen as preferred fabrication contractor for Mocean Energy’s range of wave energy generators.
New 30MW tidal energy project set for Orkney waters
Orbital Marine Power has announced it has been awarded an Option Agreement from Crown Estate Scotland for a new tidal energy project in Orkney.
Scottish tidal firm deploys its first unit in France
Nova Innovation has successfully installed a tidal turbine in Brittany, marking the first deployment of its technology outside the UK.
£2m Scottish project kicks off to trial wave power for subsea equipment
Scottish technology developers are working together on an ambitious project linking wave power and energy storage to power vital subsea equipment.
Petronas buys big Australian solar portfolio for top dollar
Petronas is the latest big oil company to move into Australian renewables, with the Malaysia state-backed energy company reportedly poised to acquire the local assets of German solar and storage developer Wirsol.
Innovation and the investor in the middle
Innovators have an eye on what problem it is they are trying to solve, but often need someone to help move a concept into execution and scale.
Tidal Turbines: A rare Scottish success story
Regardless of what government, its agencies and trade groups try to claim, offshore wind has not had that Saudi Arabia scale impact on the Scottish supply chain scene some hoped it would.
Renewables for Subsea Power project taking shape in Orkney
An initiative aiming to demonstrate the ability of green energy to power subsea oil and gas infrastructure is taking shape in the north of Scotland.
Dozens of jobs to be created at Balmoral Montrose manufacturing base
Work has completed at Balmoral Comtec’s Montrose Port manufacturing facility for the offshore energy sector, with dozens of jobs to follow.
UK developer Centre Port reveals plans for Centrica-backed £2bn, 12-mile tidal energy scheme
Plans have been unveiled for a £2 billion UK tidal energy project that could supply green energy to 600,000 homes.
Watch: Success for Waveswing prototype during sea trials in Orkney
An Inverness-based wave energy firm is toasting “highly encouraging results” from a recent phase of sea trials.
Scotland’s lack of renewables workers? Blame baby boomers
Ahead of a skills summit in Aberdeen this week, employment experts have assessed why Scotland and the wider UK has woes around attracting enough workers in renewable energy.
Simec Atlantis Energy sells majority stake in its tidal engineering division
Simec Atlantis Energy (SAE) said it plans to focus on its tidal power project in the Pentland Firth following the sale of its services division to managers.
Renewables windfall tax ‘would skew investment towards fossil fuels’
Renewable energy generators have hit out at a new UK Government bill which they said would impose a “windfall tax” on the sector and “skew investment towards fossil fuels”.
Potential for 7,000 new jobs in Fife say firms behind freeport bid
Firms behind the bid for a Forth Green Freeport estimate 7,000 new Fife jobs can be created if plans are approved.
Mocean, Verlume and Baker Hughes announce subsea wave energy link-up
Scottish firms Mocean Energy and Verlume have announced an agreement with oilfield services giant Baker Hughes on subsea wave power.
Liz Truss wins Tory leadership contest to become prime minister
Liz Truss will be the UK’s new prime minister after beating Rishi Sunak to take over the Conservative party.
Mocean looks to scale up with new board appointments
Wave power firm Mocean Energy has strengthened its board ahead of plans to commercialise its Blue Star wave machine and raise further investment.
Innovative wave energy array to be trialled off Orkney
A trailblazing multi-megawatt wave energy array is to be trialled in the North Sea, off the coast of Orkney.
CfD results a ‘turning point’ for Scottish tidal power
Developers secured support for more than 35 megawatts (MW) of new Scottish tidal stream capacity in the latest Contracts for Difference (CfD) auction, in a move hailed as transformative for the sector.
Orbital Marine Power raises cash to finance operation of world’s most powerful tidal turbine
Orkney green energy firm Orbital Marine Power has secured cash to finance the ongoing operation of O2, its flagship floating tidal turbine.