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Ocergy Successfully Concludes its Series A Equity Fundraising Round with Investments from Moreld Ocean Wind and Chevron Technology Ventures Funding Positions the Company for Growth in the Offshore Wind Space News provided by Share this article Share this article CARSON CITY, Nev., April 13, 2021 /PRNewswire/ -- Ocergy, Inc, announced it has secured investments from Moreld Ocean Wind (MOW) and Chevron Technology Ventures (CTV). The Series A round will fund Ocergy's growth and the commercialization of its sustainable offshore solutions, the OCG-Wind Floating Offshore Wind Turbine (FOWT) technol...

13 April 2021 12:51 GMT Updated  13 April 2021 15:49 GMT US international oil company Chevron has joined European peers Shell, Total and Equinor in throwing its weight behind the industrialisation of the floating wind power sector, with the supermajor partnering with Norwegian industrial group Moreld to prototype a new design from technology developer Ocergy that is in the frame for installation in the Atlantic by 2025. Green is the new black. Subscribe to Accelerate Get the market insight you need into the global oil & gas industry's energy transition – from the new newsletter from U...

13 April 2021 14:34 GMT Updated  13 April 2021 14:34 GMT Chevron has joined Europe's Shell, Total and Equinor in throwing its weight behind the industrialisation of the floating wind power sector. The supermajor is partnering with Norwegian industrial group Moreld to prototype a new design from technology developer Ocergy that is in the frame for installation in the Atlantic by 2025. Chevron, the first US oil player to announce plans to invest in floating wind as part of a longer-term energy transition strategy, will finance its side via the $100 million Future Energy Fund (FEF) set up ...