Bombora Wraps Up Tank Testing of Floating Hybrid Energy Platform

Wave energy converter developer Bombora Wave Power (Bombora) has completed tank testing of a floating foundation system suitable for the InSPIRE solution, where Bombora's mWave technology is combined with a wind turbine onto a single floating offshore platform. An adapted version of the semi-submersible INSPIRE platform, developed in partnership with TechnipFMC, underwent tank testing evaluations... Continue Reading →

Rystad: U.S. bill to bolster energy security with no respite for industry costs in sight

The U.S. recently came up with the Inflation Reduction Act, which is expected to boost domestic energy security by opening the door to more federal onshore and offshore lease sales while also promoting low-carbon and renewable energy developments. However, Norway’s energy intelligence group Rystad Energy believes that there is no respite on the horizon for energy... Continue Reading →

Wilson Sons reports revenues of R$1.1 billion in the first half of the year, a 5% increase, and net profit of R$160 million

Wilson Sons registered net revenues of R$539.6 million (US$109.6 million) in the second quarter of 2022 (2Q22), up 6% against the 2021 comparative. In the first six months of the year (6M22), revenues totalled R$1.1 billion (US$211,0 million), a 5% increase year-over-year. The company, listed on the Novo Mercado segment under ticker symbol PORT3, released... Continue Reading →

Offshore wind-to-hydrogen brings high profile investors to Dutch TCP pipeline supplier Strohm

HydrogenOne Capital Growth has signed definitive agreements for an investment of EUR 10 million in Strohm, the Dutch manufacturer of hydrogen pipelines who already saw Shell Ventures, Chevron Technology Ventures, and Evonik Venture Capital joining in as investors. HydrogenOne, the first LSE-listed investment fund dedicated to clean hydrogen, invested the EUR 10 million in the... Continue Reading →

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