AUV Specialist Argeo Partners Up With Marine Seismic Giant Shearwater GeoServices

(OE) Argeo, a provider of robotic and digital solutions for the ocean space, and Shearwater GeoServices, a global provider of geophysical marine seismic acquisition and processing services, have entered a strategic alliance for innovating and pioneering new technology and products across the subsea and marine seismic markets.  The alliance said it aimed to drive innovation across... Continue Reading →

Floating Wind: Principle Power Expands WindFloat Portfolio with Two Market-Ready Solutions

(OE) Principle Power, a provider of floating foundation solutions for the floating wind industry, said Tuesday it had expanded its WindFloat product portfolio to two fully industrialized products: the existing WindFloat tubular design – now called WindFloat T – and the new flat panel, pontoon-based solution, known as the WindFloat F. Principle Power said both... Continue Reading →

SBM Offshore and Mitsubishi Heavy Industries to launch CO2 Capture in FPSOs

SBM Offshore and Mitsubishi Heavy Industries (MHI) announced the signing of a partnership agreement that will offer a CO2 capture solution for platform ships (FPSOs). The agreement is the result of a successful engineering and design study between the companies, demonstrating the technical feasibility and commercial readiness of offshore CO2 capture technology. According to SBM,... Continue Reading →

World Needs $2.7 Trillion Annually for Net Zero Emissions by 2050-Wood Mackenzie

(Reuters) Global investment of $2.7 trillion a year is needed to achieve net zero emissions by 2050 and avoid temperatures from rising above 1.5 degrees Celsius this century, a report by consultancy Wood Mackenzie said on Thursday.  Scientists have said the world ideally needs to limit global average temperature rise to 1.5C this century to avoid catastrophic effects from climate change.... Continue Reading →

Floating Platforms of the Future: WES Explores Shared Infrastructure for Wave Energy, Offshore Wind

Wave Energy Scotland (WES), a subsidiary of Highlands and Islands Enterprise (HIE), is running tests at the University of Edinburgh’s FloWave facility, to determine the potential for floating platforms that can be used by both offshore wind and wave energy devices. The move has been prompted by a report by Offshore Wind Consultants (OWC) exploring the synergies... Continue Reading →

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