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Statoil ASA, is a multinational oil and gas company founded in the year 1972 with headquarters in Stavanger, Norway. They have operational presence in 36 countries such as Norway, Belgium, U.K., U.S., Tanzania, Angola and Canada. The company has about 23,000 employees and produces, transports, refines petroleum and petroleum-derived products. The company processes, manufactures, markets, and trades oil and gas commodities, such as crude, condensate, gas liquids, products, natural gas, and liquefied natural gas (LNG). The company also develops offshore renewable wind energy, carbon capture and storage projects and offshore decommissioning and other low-carbon energy solutions. The company has subsidiaries such as Statoil Natural Gas LLC, Statoil Petroleum AS and Shah Deniz. Statoil ASA competes with companies such as DNV GL, Claxton Engineering, Aker Solutions ASA, Allseas Group S.A and Amec Foster Wheeler.
Company Headquarters: Sydney, Australia Founded: 2006 Workforce: ~50 Company Working: BioPower Systems Pty Ltd (BPS) is engaged in developing marine renewable energy technology. It offers products for harvesting energy from both, wave and tidal energy. The equipment offered by the company for harvesting wave and tidal energy uses a similar energy conversion technology. It is strategically located in Australia where the intensity of tidal waves is generally high throughout the year. The company’s manufacturing facility is located in Australia. It has also operated numerous pilot projects in Australia to improve the efficiency of its equipment
Company Headquarters: Orkney, UK Founded: 2002 Workforce: ~30 Company Working: In October 2018, Scotrenewables Tidal Power Limited was renamed as Orbital Marine Power. Its manufacturing facility is based in the UK. Orbital Marine Power is involved in the business of fabricating, assembly, installation, operation, maintenance, and decommissioning of floating tidal technology. After nine years of R&D, it launched its first prototype in 2011, following which it has been receiving substantial investments from investment companies for the development of the technology. For instance, in January 2019, the company raised funds of about USD 8.26 million through crowdfunding. These funds will be used to build its tidal stream turbine commercially.
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