CalWave to Provide Wave Energy Tech for British Columbia Project
technology provider for a wave energy project at Yuquot in British Columbia, with the Mowachaht/Muchalaht First Nation (MMFN).As a ‘first-of-a-kind’ (FOAK) wave energy project for coastal community microgrids, the MMFN project may serve as a blueprint for coastal communities along the North American Pacific Coast and around the world.The project is currently in a feasibility and design phase to gather all the necessary information for the MMFN to make an informed decision on full project buildout.Located on Nootka Island, just off the west coast of Vancouver Island, Yuquot is the traditional
UCO Grows Saab Seaeye Falcon ROV Fleet
, Scotland-headquartered company, a provider of underwater services to the offshore energy, inspection, construction, and aquaculture markets, has expanded its fleet in response to major new multi-year contract wins across all sectors which will see it provide a range of services in Europe, North America and the Middle East.In addition, UCO has made significant investment in additional equipment and now holds a stock of £250,000 dedicated Saab Seaeye Falcon spares and more than £350,000 worth of auxiliary equipment ranging from manipulators to station holding and everything in between
Floating Production – A Growing Segment in Transition
the end of 2030, of which 70% will be FPSOs, close to 20% FLNGs and floating production units without storage (semi-subs, TLPs and spars) over 10%.Source: IntelatusWe forecast that more than two thirds of new floating production units installed between 2024 and 2030 will be located in South and Central American countries, of which Brazil and Guyana will account for around 90% of the share of units. FPSO technology dominates the region’s FPS demand.In all, 18 countries in West and East Africa are expected to receive new FPSOs, FLNGs and FPUs between 2024 and 2030. Africa is forecast to be home to
US Invests $3.9 Million for Ocean-based Climate Resilience Accelerators
the Ocean-based Climate Resilience Accelerator program will help to catalyze innovation and empower entrepreneurs to develop new climate resilience technologies,” said U.S. Secretary of Commerce Gina Raimondo. “This investment, made possible thanks to President Biden’s Investing in America agenda, will strengthen communities across our country by making sure small businesses have the tools and resources they need to address the climate crisis head on.”The Ocean-based Climate Resilience Accelerator program will invest in a network of novel business accelerators, which are organization
Jim McNeill is Leading Earth’s Citizen Warriors Across the Sea
mountaineering. His career since has taken him across the harshest ecosystems, including roles in the environmental sector, military, emergency services and communications. He’s also served as consultant on extreme environments for numerous projects, from the BBC’s Frozen Planet to Captain America.The Foundation Expedition last September marked the start of a new realm in McNeill’s journey to bridge discovery and citizen science: the ocean. While similar work has been conducted since 2001 as part of McNeill’s first warrior program, Ice Warrior, “the oceans are a new domain
OPT Reports $1.25 Million on WAM-V USV Orders
Ocean Power Technologies (OPT) announced it has received multiple orders for fully integrated WAM-V uncrewed surface vehicles (USV) totaling over $1.25 million.The recent commercial orders come from clients in Latin America, the company said without naming the customers."These orders underscore the growing demand for OPT's advanced marine technologies and their applications in maritime surveillance, environmental monitoring, and ocean data collection," OPT said.Philipp Stratmann, OPT president and CEO, said, "We are incredibly proud to see the heightened interest and trust in our
DeepOcean Gets ExxonMobil’s Guyana Task
Ocean services provider DeepOcean has been awarded a contract by ExxonMobil Guyana for the provision of subsea construction and inspection, maintenance, and repair (IMR) services offshore Guyana in South America.Under the contract, DeepOcean will plan and execute a wide range of subsea activities, including subsea construction and jumper installations as well as subsea IMR work, at ExxonMobil Guyana’s operations at the Stabroek Block, located approximately 120 miles offshore Guyana.DeepOcean will deploy the Siem Day multi-purpose support vessel (MPSV) to conduct subsea operations.The Siem Day is
Expro Bolsters Well Construction and Intervention Offer with Coretrax Buy
weighted average price prior to closing, which is expected to occur in the second quarter of 2024. The acquisition of Coretrax will enable Expro to expand its portfolio of technology-enabled well construction and well intervention and integrity solutions, particularly across the North and Latin America, Europe and Sub-Saharan Africa and Middle East and North Africa regions.Building on Coretrax’s successful 15-year history, the acquisition will accelerate the availability of the company’s high value-adding tools by leveraging Expro’s global operating footprint. Within well
US Announces $27 Million for Pacific Salmon Research
The Department of Commerce and NOAA announced plans for $27 million to recover threatened and endangered Pacific salmon in the face of climate change. These funds, part of President Biden’s Investing in America agenda, are made possible by the Inflation Reduction Act. This investment in science will support informed management actions as a component of NOAA’s comprehensive strategy for Pacific salmon recovery.NOAA’s strategy outlines how investment in science enhances efforts in restoring and connecting Pacific salmon habitats, ensuring water quality and quantity, managing sustainable
February 2024
