An Ocean Power Technologies' PB3 PowerBuoy has been deployed off the coast of Kozu-shima Island in Japan as part of its first lease agreement with Mitsui Engineering and Shipbuilding (MES). The PB3 was shipped to Japan in February and arrived in Tokyo on 18 March…
Wave power firm Ocean Power Technologies (OPT) has formed a strategic alliance with HAI Technologies, with an initial plan to work together on offshore oil and gas subsea chemical injection systems, where persistent power and real-time data communications are critical…
Eliminating the umbilical has been targeted as a way to help make the exploitation of small pools more viable. Elaine Maslin reports on a string of new technologies which aim to do just that. An Exnics collar…
OAA finalists announced By Elaine Maslin The 2014, 28th Offshore Achievement Awards are due to be presented in Aberdeen this month, with a crop of talented individuals and companies shortlisted. The awards, organized and hosted by the Society of Petroleum Engineers Aberdeen Section…
The 2014, 28th Offshore Achievement Awards are due to be presented in Aberdeen in March, with a crop of talented individuals and companies shortlisted. The awards, organized and hosted by the Society of Petroleum Engineers Aberdeen Section…
Ocean Power Technologies, Inc. has received a US$2.6 million contract from Mitsui Engineering & Shipbuilding Co., Ltd. The contract is to provide the final design and supply of key components of a PowerBuoy system intended for deployment…
The US Department of Energy will invest US$16 million in 17 projects to harness wave and tidal energy. As part of the Obama Administration’s strategy to deploy every available source of American energy, the projects were selected for…
Lockheed Martin has announced that it is working with Reignwood Group to develop an Ocean Thermal Energy Conversion (OTEC) pilot power plant off the coast of southern China. A memorandum of agreement between the two companies was signed in Beijing on Saturday…
Offshore energy means more than just oil and gas. But is it an energy nirvana or a cult of false hope? Bruce Nichols looks at the progress that the marine renewables industry has made, and the hurdles it has to overcome.The latest trend in renewable energy has come to Cobscook Bay in Maine…
Rube Goldberg had nothing on these guys. The American engineer, inventor and cartoonist most famous for drawing outlandish machines would have smiled at all the ideas for capturing ocean wave and tidal energy.According to the European Marine Energy Center…
Ocean Power Technologies has received US government approval for a planned 1.5MW wave power station off the coast of Oregon. The licence is the first to be issued by the US Federal Energy Regulatory Commission for wave power. OPT's plan calls for ten of its PowerBuoy units to be installed 2…
An autonomous PowerBuoy recently deployed by Ocean Power Technologies for the US Navy is reported to have delivered ‘a very strong performance', meeting all of its mission specifications.The autonomous PowerBuoy, hailed as a self-sustaining…
Through industry technology facilitator ITF, Green Ocean Energy has secured funding to the tune of £45,000 to investigate the capability of its Wave Treader device to power offshore oil & gas structures. This is the first renewable energy venture to receive ITF support…
During the recent inauguration of the new premises of Alstom Hydro Ocean Energy on the island of Nantes, the French group revealed some of the key characteristics of its Beluga 9 tidal electricity-generating turbine and announced it will undergo its first tests in Canada's Bay of Fundy in 2012…
The ocean energy industry is still at a nascent stage, but burgeoning support in a few key markets, diverse resource potential and maturing technology are boosting the industry’s prospects for growth. That’s the verdict of a new IHS emerging energy research market study…
