Oil worker trades the North Sea for the Seven Wonders of the World
Former oil worker Andrew Morrissey has traded the North Sea for travel around the Seven Wonders of the World.
Wave & Tidal
Wave and Title Energy News
OML 130 drilling faces legal battle, threat to seize Noble rig
“Our rig is still available,” a Palmeron official said. “We believe the contract should be ours. If we do it, we would be the first local contractor in Africa to do drilling. We want the IOCs and the world to encourage us,” he continued.
Energy bodies warn green growth at ‘severe risk’ without new support
A group of trade associations from across the energy sector have written to the Chancellor urging him to prioritise incentives for green growth as part of the Spring Budget.
Gepetrol head takes over ministry, with Obiang Lima out
OPEC appointed Obiang Lima president for 2023. He is also the head of the Gas Exporting Countries Forum (GECF). For now, he continues to hold both those positions.
Aker Solutions-DP World venture signs contract for Rosebank FPSO work
Drydocks World and Aker Solutions have signed off a contract with Altera Infrastructure for work to upgrade the vessel used to develop the Rosebank field.
Ithaca books Stena Spey for summer 2023
Ithaca Energy (LON:ITH) has signed a new contract with Stena Drilling for a campaign beginning later this year.
All Wave & Tidal Posts
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.
Shares in Simec Atlantis plunge 50% on the back of £74m loss in ‘challenging’ 2021
Tidal energy developer Simec Atlantis Energy (SAE) announced pre-tax losses of £74 million last year, as outages at its flagship MeyGen scheme and the loss of a key development project weighed heavy on results.
Brexit ‘slowed down investment’ into UK renewables, report finds
Brexit has “posed challenges” to development of renewables in the UK, according to a new report into the country’s energy transition.
Exclusive: AREG to launch new clean energy conference in Aberdeen
Aberdeen Renewable Energy Group (AREG) will launch a new clean energy conference in Aberdeen this year.
Fife’s new FastBlade test centre to help speed up tidal energy development
The opening of a new government-backed rapid testing facility for tidal turbine blades will help spur the development of marine energy technologies in Scotland, according to its designers.
Marriage plans for wave energy and offshore wind in Scotland
Wave energy leaders in Scotland see offshore wind developers as potential infrastructure partners in their drive to harvest vital renewable power from the country's waters.
Simec Atlantis asks for more time on debenture repayment
Tidal energy developer Simec Atlantis Energy (SAE) has entered discussions with crowd-funding platform Abundance Investment, requesting more time to repay debentures due at the end of June.
Simec Atlantis successfully redeploys ‘world’s most powerful tidal turbine’ in Scottish waters
Tidal energy giant Simec Atlantis Energy has successfully completed upgrade and maintenance work on the "world’s most powerful turbine".
Mocean Energy secures cash to accelerate development of Blue Star wave machine
Scottish wave power firm Mocean Energy has secured major new investment to accelerate the commercial rollout of its flagship technology.
Nova wins new seabed lease for Shetland tidal array
Tidal energy developer Nova Innovation has been given approval develop its largest tidal array to date at Yell Sound in Shetland.
Drydocks World completes Boskalis conversion work
Drydocks World has completed a conversion project for Boskalis, transforming a ship into the Bokalift 2 crane vessel.