Diversified industrial manufacturer Eaton Corporation announced that it will help to develop an underwater, utility-scale energy generation system for the United States Navy. Eaton is contracted to support the project’s land-based engineering, and will develop high-voltage electrical distribution equipment to efficiently convert and transmit safe, reliable alternative energy from the depths of the ocean to [...]
October 11, 2012 | Posted in
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The UK has huge potential for marine power and is considered the most attractive destination to develop marine projects in Europe, states a new report by energy experts GlobalData. The new report (Installed Capacity, Levelized Cost of Energy (LCOE), Profiles of Technology Developers and Key Country Analysis to 2030) shows that the marine energy industry [...]
October 8, 2012 | Posted in
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Pinsent Masons, an international law firm, has advised Alstom to acquire Bristol-based Tidal Generation Limited (TGL), equities.com reports. TGL is at the forefront in the design, development and manufacture of tidal stream turbines for the capture and conversion of tidal energy to electrical power. This acquisition will reinforce Alstom’s position in renewable energy and is [...]
FarSounder announced the introduction of their new generation Navigation Sonars. This official launch has been planned to showcase the technology at the 2012 Monaco Yacht Show which opens this Wednesday in Port Hercules, Principality of Monaco. Development of these new products has been in process over the last several years. System improvements include both a [...]
September 18, 2012 | Posted in
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AGR has joined forces with Statoil to develop a new generation of Managed Pressure Drilling (MPD) solution for floating rigs. This phase of the project is worth US$5.1m (NOK31m). The development project will build on two technologies. The first is AGR’s EC-Drill® system, which has been used successfully on two deep-water wells in the Gulf [...]
August 31, 2012 | Posted in
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Ocean Power Technologies, Inc., a leading wave energy technology company, announced the successful completion of extensive factory acceptance testing of the first of its next generation power take-off (“PTO”) units for the Company’s utility-scale PowerBuoy®, the PB150. The PTO has now been shipped from OPT’s facility in Pennington, New Jersey to Oregon Iron Works, where [...]
June 19, 2012 | Posted in
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Eco Wave Power has completed the construction and testing phase of its first sea wave energy generation models the “Wave Clapper”, and the “Power Wing”. The testing took place in the wave pool of the Hydro-Mechanical National Institute of Kiev. The “wave pool”, 2.5 meters depth, and 18 meters length, provided Eco Wave Power with [...]
January 9, 2012 | Posted in
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IAR Systems, a leading provider of software tools for embedded systems, announced that its build and debug tool chain IAR Embedded Workbench has been selected by Ocean Modules, an ISO 9001:2008 certified manufacturer of remotely-operated vehicles (ROV), for the next generation underwater technology. Ocean Modules V8 Offshore ROV is controlled through a combination of 8-bit [...]
December 12, 2011 | Posted in
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The Next Generation Oil & Gas group is a consortium of 65 CEOs and senior corporate officers from small, mid, and large cap O&G producers. The summit will organize highly interactive strategy sessions over the course of three days on topics that will be set entirely by industry members. The event will cover high-level discussion [...]
December 9, 2011 | Posted in
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SPT Group has launched MEPO 4, the next generation of its market- leading solution for optimising reservoir flow models. Used by oil and gas companies for risk reduction, uncertainty management, well location optimisation and assisted history matching, MEPO helps reduce cost and cycle times at all stages of the reservoir management decision chain. MEPO has, [...]
December 5, 2011 | Posted in
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