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OBS awarded R&D grant from Oslofjordfondet

OBS was awarded MNOK 2,4 from Forskningsrådet / Oslofjordfondet in order to further develop and commercialize the revolutionary Void Power concept for subsea hydraulic energy storage. OBS will partner with TechnipFMC and HSN (University College of Southeast Norway) for technical know-how and theoretical investigations respectively. The project is scheduled to be completed by the end of 2018.

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