The Ocean Cleanup Project Secures Major Funding

The Ocean Cleanup, the Dutch foundation developing technologies to rid the oceans of plastic, has raised $21.7 ...

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New Funding for Tidal Power Environmental Monitoring

Industry and academic researchers will join forces to collaborate on two projects in developing new environmental ...

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EIB Provides Funding for Germany-Norway Interconnector

The European Investment Bank (EIB) will provide a EUR 350 million loan to TenneT to finance ‘NordLink’, ...

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OGIC Backs More Offshore Solution Projects

The Oil & Gas Innovation Centre has signed its thirty-first project agreement, which will see the development ...

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ITF: New £1M Funding for O&G Industry Innovations

The Industry Technology Facilitator (ITF) and the Oil & Gas Innovation Centre (OGIC) have joined forces to fund ...

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NorthConnect Gets EU Boost

NorthConnect, a power link between Scotland and Norway has received European Union support with an agreement to ...

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KTH Gets Funding for New Underwater Robots

Researchers at Swedish KTH have received a grant of SEK 100 million to develop new underwater robots. The funding ...

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UVic Nets Funding for Ocean and Climate Hub

University of Victoria has announced a combined investment totaling $7 million from the Government of Canada and ...

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Ecosse Subsea Services Bags Bank Funding

Ecosse Subsea Services (ESS) has agreed a multi-million-pound revolving credit facility with full service bank ...

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UVic Gets Government of Canada Funding

University of Victoria’s (UVic) Ocean Networks Canada (ONC) has secured a five year $46.6 million investment from ...

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Atlantis Bags EU Funding for MeyGen Project

Atlantis has secured the award of €20.3 million from the European Commission for the next phase of the MeyGen tidal ...

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Rovco Gets Funding for Underwater 3D Modelling Tech

Rovco, an ROV services company, has secured Innovate UK funding which will enable it to carry out research and ...

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NSN Link Gets USD 519 Mln Financing

SACE and SIMEST (CassaDepositi e Prestiti Group), and BNP Paribas Corporate & Institutional Banking (CIB) have ...

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Kraken Gets Funding for Autonomous LARS Development

Kraken Sonar Systems said it will receive a non-refundable financial contribution of up to $485,000 from the ...

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FSP Secures Development Project Funding

Bergen-based Fjell Subsea Products (FSP) has received 5.2 million Norwegian Kroner in public funding. The project ...

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Carnegie Gets Funding for CETO Project in UK

Carnegie Wave Energy (CWE) has been granted GBP 9.55 million (USD 12 million) from the European ...

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Jee Secures Funding from Innovate UK for Excalibur

Innovate UK has awarded Jee a GBP 75k in funding to develop a conceptual design of its ‘Excalibur’ system, a subsea ...

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Airborne Oil & Gas Welcomes New Shareholder

Airborne Oil & Gas (AOG) has raised EUR 23 million in a series C investment round from both new and existing ...

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Carnegie Gets ARENA Funding for Its Microgrid Project

Wave energy developer Carnegie Wave Energy Limited has been awarded $2.5 million from the Australian Renewable ...

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EBRD Boosts Turkey’s Subsea Cable Project

The European Bank for Reconstruction and Development (EBRD) is funding Turkey’s investment in a new fibre-optic ...

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Subsea Meets Aquaculture Project Goes to Phase 2

GCE Subsea and NCE Seafood Innovation have secured funding for the second phase of a project to explore the ...

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