Mocean Energy is seeking partners to further development of its Seabase technology which uses energy from ocean waves to power subsea equipment. The start-up company has attracted funds of £200,000 (US$249,000) from Scottish Enterprise and the Oil & Gas Technology Centre in Aberdeen for…
As a new season is now upon us, Fall is just like Spring: they both retain shoulder months where energy demand is lower than cold Winter and hot Summer. Here are just a few points on US energy use patterns by month which have…
Ocean Power Technologies has announced the successful deployment of its PB3 PowerBuoy in the North Sea for its customer Premier Oil. This latest deployment of a PB3 PowerBuoy will serve Premier as an autonomous intelligent platform to provide communications and remote monitoring services at…
As it turns out, Pennsylvania is not the only Marcellus shale state with amazing production results. Long a mainstay of US coal production, neighbour West Virginia has quickly become the seventh largest US natural gas producer. Since the shale revolution took flight in…
Hurricane Energy has started drilling the third and final well in its Greater Warwick Area campaign located in the West of Shetland area off the UK. According to Hurricane’s statement, the 204/30b-A (Warwick West) well was spudded on the 24th September, using the Transocean Leader…
Damen Verolme Rotterdam has completed a major refit of DEME’s DP-2 heavy-lift jack-up installation vessel Innovation. The vessel spent several months in the Verolme shipyard undergoing renewal of its aft leg sections and an overhaul of its jacking motors. The Innovation measures 147.5…
Spanish luxury furniture brand ArtesMoble presented this week the world’s first smart solar table, which generates clean electric energy and charges electronic devices while you relax. The innovation was a presented during the Valencia International Furniture and Lighting Fair, Habitat. Technically, the ArtesMoble…
Kosmos Energy has announced that the BP-operated Yakaar-2 appraisal well has encountered approximately 30 metres of net gas pay in similar high-quality Cenomanian reservoir to the Yakaar-1 exploration well, continuing the 100 percent success rate of wells targeting the inboard Mauritania/Senegal gas trend. Yakaar-2 was…
Lloyd’s to Open Miami Office to Expand Its Latin American and Caribbean Business Lloyd’s plans to set up an office in Miami to support business development in the Latin American and Caribbean markets. “Latin America is a key market for Lloyd’s, with premium close…
Lloyd’s confirms Sansom in CRO role; “People officer” Andrews exits Lloyd’s has appointed David Sansom as its new Chief Risk Officer (CRO), subject to regulatory approval. The market also confirmed the departure of Annette Andrews, its Chief People Officer. Tokio Marine Kiln shakes-up…
