Innovo appoints acquisition manager in the UK as part of new growth phase
Innovo Engineering and Construction is pleased to announce the appointment of William Cappello to the role of UK Acquisition Manager.
marine
Electric vehicles can now fill up using tidal energy in Shetland
Tidal-powered cars are now a reality in Shetland, a Scottish marine energy firm said today.
Energy recruitment firm diversifies into … dentistry
A north-east subsea and marine industry recruitment firm is drilling into a completely different sector as part of its diversification drive.
Marine energy tech to support Scottish salmon farmers
Technology developed for the marine energy industry may help salmon farmers operate in more remote locations and reduce their environmental impact, according to the partners in an innovative research project.
Finalists announced for marine renewable challenge
The five finalists in the All-Energy Marine Renewable Energy Investment Challenge have been announced.
North Sea oil spill only a ‘minimal risk’ to marine environment, MSPs told
An oil spill in the North Sea only poses a “minimal risk” to the marine environment, MSPs have been told.
Academic funding to shine light on marine energy in Indonesia
Researchers from the Robert Gordon University have won more than £160,000 in funding from the Foreign and Commonwealth Office to support the the establishment of a South East Asia Marine Energy Centre (SEAMEC) in Indonesia.
Rolls Royce reduces marine division headcount by 400 due to oil slump
Engine maker Rolls-Royce said it will cut an extra 400 jobs from its marine division due to the continued slump in the price of oil.
Report shows influence of environment on subsea cable lifecycles
A report has been published on the performance of subsea cabling in high energy environments to support the development of commercial wave and tide energy sites. The aim of the analysis, by the European Marine Energy Centre (EMEC) and The Crown Estate, is to improve the industry’s understanding of how best to specify and manage subsea cables. Tests were done by investigation how the cables installed at EMEC test sites in Orkney have been performing since installation.
Call for rethink on marine energy funding
The main advisory body for the marine energy industry has called for a rethink of the way government funding is dished out to the struggling wave and tidal sector. In a new report, the Marine Energy Programme Board (MEPB) stressed the need for sustained financial support to commercialise the sector, as well as a “joint vision” of the industry’s future. The industry, which employs about 1,700 people, has suffered numerous setbacks in recent months. In December, Edinburgh-based Aquamarine Power said it would “downsize” its business after posting losses of £16.5million for the year to March 31, and a month earlier wave-power firm Pelamis went into administration after failing to secure enough funding for research and development.
Marine plan ‘not fit for purpose’
Scottish Government plans to manage and protect Scotland’s seas are not yet “fit for purpose”, according to a Holyrood committee. The draft National Marine Plan for Scotland has been developed over five years and was published last month. It aims to balance the development of established industries such as oil, gas and fishing with emerging sectors such as marine renewables and carbon capture and storage.
ORE Catapult dismisses oil and gas supply chain for wave and tidal
Money and lots of it . . . public and private . . . is needed to initiate a credible wave and tidal energy power generation sector in the UK, which a new report claims could be worth up to £76billion to the economy. However, the idea that the oil and gas supply chain can kick-start the market “is not easily realised” because it is “too expensive”, according to a new report by the Glasgow-based ORE Catapult initiative. It claims that this is because the oil and gas supply chain designs and makes equipment to “operate at extreme depths, in benign tidal flows, and low oxygenated waters”.
Scottish Government creates national marine plan
A new plan to boost the economy by exploiting the energy, food and recreational resources of the sea while protecting the environment has been launched by the Scottish Government. The first national marine plan sets out the Scottish Government’s vision for the sustainable development and use of the marine environment. The plan aims to ensure sustainable economic growth of a range of marine industries and protect and enhance the marine environment.
Nautronix doubles pre-tax profits
Marine-technology company Nautronix more than doubled its profits last year following a number of contracts wins and the launch of new technologies. The Dyce-based firm said sales of its new £1million NASDive diving communication system grew 53% in the first year of its launch. The company said it expects the technology, which is so advanced that divers can Skype call their family from beneath the ocean, will be bought by firms replacing their older diver communications systems as well as new customers.
Deal struck for framework in China
A deal has been struck been struck at the China International Diving, Salvage and Offshore Summit for a new Cooperation Framework Agreement. It was signed by the International Marine Contractors Association (ICMA), the Association of Diving Contractors International (ACDI), and the China Diving and Salvage Contractors Association (CDSA).
Subsea firm awarded contract for marine energy industry
Subsea engineering and training firm Jee Ltd has been awarded a contract from Scottish Enterprise to develop electrical array cable solutions for tidal energy installations. The £2.4 million contract is part of a pioneering study for the marine energy industry in Scotland and the company will be involved in developing solutions for locating, securing, protecting and recovering cables.