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French company Sabella has collected €2.5 million through bond issue to help support its tidal energy business and activities. Illustration/Sabella’s D10 tidal turbine (Courtesy of Sabella) The investment campaign, run on GwenneG platform, proved a success for Sabella which issued bonds at pay rate of 8.5%, and minimum investment ticket set at €1000. The aim …

French tidal energy company bags €2.5M investment Read More »

Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved Inpex’s environmental plan (EP) for the operation of the gas export pipeline (GEP) under the Ichthys LNG project. According to NOPSEMA’s data, this plan, submitted on 28 December 2021, is the first five-year EP revision for the operation of the petroleum pipeline. It …

Regulator approves Ichthys petroleum pipeline operation plan Read More »

Fugro has started geotechnical site drilling in the southern portion of the OCS-A-0534 lease area offshore Massachusetts, owned by Avangrid, a US arm of the Spanish energy giant Iberdrola. The company, using the vessel M/V Regulus, will be performing the work from 3 June until 31 August 2022, according to a Notice to Mariners. The …

Geotechnical survey work starts at Massachusetts offshore wind site Read More »

SINTEF, a Norway-based independent research organisation, has designed “the world’s first electric speedboat” as part of a European research project aimed at creating an emission-free boat. The boat, called Medstraum, is operated by Kolumbus AS, a public transport company in Rogaland in Western Norway. The newbuilding will arrive in Stavanger during the summer, according to …

SINTEF designs world’s first electric speedboat Read More »

The Netherlands Enterprise Agency (RVO) plans to publish a call for tenders for geotechnical investigations at IJmuiden Ver V and VI offshore wind sites around the end of June 2022. Together with the two sites, the agreement with a successful tenderer will also include two other investigation areas, which RVO did not specify in its …

RVO soon to open geotechnical survey tender for IJmuiden Ver V & VI Read More »

US-based company Ocean Power Technologies (OPT) and subsea survey specialist Sulmara Subsea have partnered up to develop advanced uses for OPT’s WAM-V autonomous surface vehicles. Illustration/Part of OPT’s products range (Courtesy of OPT) The companies have executed a long-term master service agreement to facilitate Sulmara’s leasing of WAM-Vs, which are designed and produced by OPT’s …

OPT, Sulmara Subsea chart joint WAM-V development opportunities Read More »

Dutch privately-owned exploration and production company ONE-Dyas has been granted a final permit for the development of the N05-A gas field located in the North Sea. The project’s platform will run entirely on wind energy. As informed by ONE-Dyas on Thursday, the country’s Ministry of Economic Affairs and Climate has granted it the definitive permits …

Dutch player secures permit to develop North Sea gas field with wind-powered platform Read More »

Audubon Engineering, a provider of engineering, procurement, construction, and fabrication services, has entered into a three-year contract with Shell to provide brownfield engineering and procurement (EP) services support for the Mars Corridor in the U.S. Gulf of Mexico. Audubon informed on Thursday that the contract, which comes with two one-year options to extend, covers some …

Shell selects Audubon as contractor for Gulf of Mexico assets Read More »