Following an order announced in October 2013, MacGregor, part of Cargotec, delivered and commissioned 45 variable frequency drive (VFD) winches and a full control system for the recently completed heavy-lift crane barge Hyundai HLV-10000…
China's Zhuzhou China South Rail Times Electric completed a £130 million acquisition of the UK-based ROV and trenching equipment manufacturer Specialist Machine Developments (SMD), also known as Soil Machine Dynamics. Zhuzhou specializes…
ABB shows off the newest addition to its line of Azipod electric propulsion offering, the Azipod D. ABB says that the electric propulsion behind ABB’s Azipod units enables ship owners and operators to lower maintenance costs and cut fuel consumption…
ABB unveiled its new addition to its line of Azipod electric propulsion offering, the Azipod D. Azipod D. From ABB. Azipod D will allow a wider range of vessel types to benefit from…
Saipem awarded Schneider Electric a contract to design, fabricate and pre-commission two E-House modules, fully-integrated technical buildings, to support the Total E&P Angola-operated deep offshore Kaombo FPSO project. Located 260km offshore Luanda in water depths ranging from 1400-1950 m…
GE has agreed to acquire the Subsea Electric Actuator product line of Oceaneering, a global provider of engineering services and products to the oil and gas industry. The product line goes to market under the Oceaneering Subsea All Electric and Ifokus brand…
Schneider Electric and Electronic Power Design (EPD) are creating a partnership to produce Schneider Electric IEC equipment in the United States. Through this partnership, Schneider Electric will manufacture Okkenglobal products in the US for the first time…
GE Oil & Gas announced that it is providing both technology and capital to help expedite construction of the Freeport LNG gas liquefaction and liquefied natural gas (LNG) export project in Southeast Texas. GE is supplying the main refrigeration compressors…
SKF has been selected to deliver Nautilus bearings for Dongfang Electric New Energy Equipment (Hangzhou) Co Ltd.’s first order of wind turbines outside China. Dongfang Electric New Energy Equipment is a leading manufacturer of wind turbines to a broad range of customers in China…
The Energy Research Centre of the Netherlands (ECN) conducted tests to validate and subsequently approved Mitsubishi Electric’s compact wind lidar as complying with European wind measurement standards. The lidar (portmanteau of “light”…
Norwegian shipbuilder Havyard has signed a contract for the construction of a hybrid diesel-electric platform supply vessel (PSV) for Icelandic offshore shipping company Fafnir Offshore. The vessel (pictured), based on the new Havyard 833 WE ICE design…
Rosneft and General Electric signed an agreement to set up a series of joint ventures. The document was signed by Rosneft President Igor Sechin, and General Electric CEO Jeffrey Immelt in the presence of the Prime Minister of the Russian Federation…
St. Louis, Missouri-based Emerson Process Management, a business of Emerson, acquired Groveley Detection Ltd., a leading innovator and developer of ultrasonic gas leak detection solutions for both offshore and onshore oil and gas installations…
Subsea monitoring outfit Naxys has gained access to top research facilities after being bought out by global giant GE. Naxys’ work in the field of subsea monitoring systems led it to be snapped up by Measurement & Control, a business of GE Oil & Gas earlier this year…
The Evolution series conducts IMR operations in deep water.Bourbon took delivery of the Bourbon Evolution 803. It is the 3rd vessel in the 1st large IMR series for the offshore industry. Resource exploration is going into increasingly…