Mocean Energy raises £2.2m in new equity as it receives 500K grant
Pre-existing shareholder have awarded cash to Mocean Energy as new investors join in awarding a £500,000 grant.
Pre-existing shareholder have awarded cash to Mocean Energy as new investors join in awarding a £500,000 grant.
Developers of a prototype wave energy device off Orkney say it has weathered Storm Babet and continued to deliver power despite the harsh conditions.
The UK’s largest producer of oil and gas, Harbour Energy, has partnered with Mocean Energy to harness wave energy to power offshore installations.
Aker Solutions and Mocean have signed an agreement which could see UK oil and gas fields powered by wave energy within two years.
Thailand’s state energy company has invested in a Scottish project aiming to prove the viability of powering subsea assets with wave energy.
Scottish technology developers are working together on an ambitious project linking wave power and energy storage to power vital subsea equipment.
An initiative aiming to demonstrate the ability of green energy to power subsea oil and gas infrastructure is taking shape in the north of Scotland.
Scottish wave power firm Mocean Energy has secured major new investment to accelerate the commercial rollout of its flagship technology.
Scottish firm Mocean Energy’s wave energy machine has returned to dock after a successful five-month test period at sea.
Scottish firm Mocean Energy’s Blue X wave energy device has taken the plunge in Orkney ahead of sea trials this summer.
Integrating renewables with oil and gas operations will be fundamental to cutting emissions and maintaining the North Sea’s social licence to continue producing hydrocarbons.