Development in floating concrete structures - which could be used for exploration in the Arctic Ocean - was presented by Norwegian-based engineering company Kvaerner at Deep Offshore Technology International 2014 (DOT).
Kvaerner has been designing the concrete structures which would be adaptable to the region, rather than typical fixed platforms seen elsewhere in the industry.
Scottish Enterprise will contribute a six-figure sum towards opportunities for ocean renewables innovation in Europe.
Energy Minister Fergus Ewing will make the announcement at the Ocean Energy Conference in Paris today, as part of the first joint call by the Ocean Energy European Research Area Network (ERA-NET) to open up opportunities for ocean renewables innovation.