Nova VOLT gets $2.8m injection from Scottish government
Nova Innovation was awarded a $2.8m cash injection from the Scottish Government to advance its tidal turbine manufacturing to a global level.The funding, delivered through Scottish Enterprise, is directed at Nova’s VOLT (VOlume Manufacturing and Logistics for Tidal Energy) project that aims to develop the first European assembly line to mass manufacture tidal turbines, and trial innovative techniques and tools to ship…
Tidal Developer Collaboration to Tackle Foundation Mooring
CorPower and Sustainable Marine Energy join forces for a wave and tidal developer collaboration to develop and demonstrate generic foundation mooring solution to reduce cost and improve O&M methods.The 35-month UMACK (Universal Mooring, Anchor & Connectivity Kit Demonstration) project will address ocean energy affordability, survivability, reliability and installation through the demonstration of a generic…
PLAT-I: Renewable Energy for Canada
Sustainable Marine Energy is preparing to ship the PLAT-I tidal energy platform from Connel in Western Scotland to Grand Passage in Nova Scotia. Sustainable Marine Energy’s (SME) PLAT-I tidal energy platform hosting four SCHOTTEL HYDRO SIT 250 turbines has completed the first phase of its testing program at Connel, on the West coast of Scotland. The Company is now preparing to ship the platform to Nova Scotia and install it for a second phase of testing.
Flintstone Sets Its Sights on Floating Wind
Flintstone Technology Ltd said it plans to diversify its mooring operations to help drive down costs for the offshore floating wind industry.The company has developed a set of mooring system solutions to match specific project requirements in oil and gas and marine renewable energy.With decades of experience in the oil and gas industry, this knowledge combined with the mooring solutions, is transferable…
Decom North Sea Sheds Light on Supply Chain Capability
Decom North Sea has published aDecom Directory in conjunction with Scottish Enterprise and the Oil & Gas Authority, which provides details of companies which have the capability to service the UK/UKCS decommissioning sector. Supported by EEEGR, FPAL, EIC, FEDF and NOF, the directory captures the capabilities of almost 300 supply chain companies which can service the UK/UKCS across17 newly-defined supply chain activities within a decommissioning work break down structure (WBS)…
Raptor Oil Closes $5.8 Mln in a Series C Funding Round
Aberdeen-based technology start-up Raptor Oil said it has secured £4.2 million ($5.8 million) of investment in a Series C funding round. The round, led by Statoil Technology Invest (STI), was completed on December 15, 2017. It includes investment from ConocoPhillips and new investor Scottish Investment Bank, the investment arm of Scottish Enterprise. In addition, funds were granted by The Oil & Gas Technology Center. Raptor, formed in Aberdeen in 2011 by Dr.
Corbin Joins Sparrows Group as European Director
Sparrows Group has appointed Matt Corbin as its regional operations director for the UK and Europe to support the company’s continued growth in the oil and gas, renewables and industrial sectors. Corbin, who has more than 20 years’ experience working in the oil and gas industry, has held several leadership positions including UK managing director for the subsea division of Aker Solutions and UK regional general manger for GE Oil & Gas.
New Player Enters the Decommissioning Market
A new entrant to North Sea decommissioning, Well-Safe Solutions was established by a group of oil industry stalwarts Alasdair Locke, Mark Patterson and Paul Warwick, setting out to provide a new approach to the safe and cost-efficient decommissioning of subsea wells. The new start company, which aims to attract £200 million ($260 million) in investment and create 400 new jobs, will offer a specialist well abandonment service.
iSURVEY Reports Success in Q1 2017
Provider of survey and positioning services to the global oil and gas, offshore renewables and telecommunications markets, iSURVEY, has reported a strong end to 2016 and a positive first quarter of 2017, including ongoing recruitment due to a string of significant contract wins. Part of this growth has also been attributed to iSURVEY’s diversification into the offshore wind sector last year. Having already worked on a number of cable preparation…
Enpro Subsea Drives $1.8mln into Flow Assurance Project
Enpro Subsea has announced a research and development grant from Scottish Enterprise which will see the firm investing £1.5million ($1.85mln) to develop its flow assurance technology further to address emerging markets in deeper waters. The news came as Scottish Enterprise revealed a new Subsea Engineering Action Plan with the aim of capturing an even bigger slice of the current £50 billion ($61.5bln) global subsea market.
Handelsbanken helps Fund Ecosse Expansion
Ecosse Subsea Services (ESS) has agreed a multi-million-dollar revolving credit facility with Handelsbanken. The new relationship will support the Banchory-based subsea engineering specialist as it tenders for larger renewables and power generation contracts. With its roots in the oil and gas industry, ESS has led the way in adapting traditional technologies for use in the renewables and interconnector sectors and has designed and patented a range of tools which are used in seabed clearance…
Albacom Expands O&G Capabilities
Albacom, a Dundee-based leading technology company, has relaunched its Surface Technology division after a £250,000 investment, which was supported by Scottish Enterprise. The Surface Engineering and Machining division expands Albacom’s capabilities in the oil and gas sector and allows the company to offer customers a fully integrated service and turnkey solutions. Albacom has invested significantly in diverse manufacturing…
Neptune Expands Into United States
Neptune Marine Services (Neptune), a provider of specialized engineering, integrated inspection, repair and maintenance solutions to the energy industries, is targeting further growth overseas with its new office in the U.S. Supported by the demand from the company’s key North Sea clientele, Neptune has established an office in Houston, Texas. Operating under the name Neptune Subsea Inc., it will enable…
Jee Evaluates Array Cable Risk in UK
Jee Ltd, a subsea cable specialist engineering company, has completed a project for a wind farm operator to assess the risks to the array cables within a UK offshore wind farm. With concerns about the integrity of cables on the wind farm, the operator awarded Jee a contract in March 2016 to compile a risk framework to be used as a basis for a risk based inspection (RBI) plan. As part of the study, Jee…
SME Secures Funding to Begin Array Build Out at EMEC
Sustainable Marine Energy (SME) has arranged a £4.5 million (approximately $6.6 million) funding package to commence the deployment of an array of its PLAT-O tidal energy systems at the European Marine Energy Centre (EMEC) in Orkney. SME has conducted extensive testing of its first PLAT-O prototype in the Solent, off the Isle of Wight, during 2014 and 2015. SME have now moved their operational base to Orkney and will be grid connecting their first system at EMEC over the coming months.
Statoil Debuts Batwind
A new battery storage solution for offshore wind energy will be piloted in the world’s first floating wind farm, the Hywind pilot park off the coast of Peterhead in Aberdeenshire, Scotland. Batwind will be developed in co-operation with Scottish universities and suppliers, under a new Memorandum of Understanding (MoU) signed in Edinburgh on 18 March between Statoil, the Scottish Government, the Offshore Renewable Energy (ORE) Catapult and Scottish Enterprise.
Two Named to NSRI Board
Melfort Campbell and Martin Jones have been appointed to strengthen the board of the National Subsea Research Initiative (NSRI). With impressive pedigrees in innovation and technology in the subsea industry, these new board members will help NSRI deliver its aim of bringing new technology to market that will reduce costs and deliver efficiencies and help the UK subsea sector maintain its world-leading position.
All Energy 2015
In just four weeks’ time All-Energy 2015, the UK’s renewable energy exhibition and conference will open in its new home, Glasgow’s SECC, with the expectation that up to 7,000 people from home and overseas will visit the exhibition, to make new contacts and source new suppliers, attend the multi-stream conference over the two days (Wednesday 6 – Thursday 7 May), and relish the networking possibilities of its Giant Networking Evening. All the component parts are in place.
Jee Awarded Cable Solutions Contract
Jee Ltd., an independent multidiscipline subsea engineering and training firm, has been awarded a contract from Scottish Enterprise to develop subsea electrical array cable solutions for tidal energy installations. The contract is part of a study for the marine energy industry in Scotland, and will see Jee develop solutions for locating, securing, protecting and recovering electrical array cables for tidal energy installations.
Seath Takes Over as Decom North Sea GM
Decom North Sea (DNS) announced that Karen Seath will join the organization in September, in the role of General Manager. With the total cost of UKCS decommissioning expected to reach approximately £4.5billion in the next five years, these are strategically critical times for the North Sea decommissioning industry. This has been amply demonstrated by the publication of the Wood Review and the more recent “Scotland’s Independent Expert Commission on Oil and Gas: Maximizing the Total Value Added”.
