Technology News

 

The Case for 3D Printing Downhole Tools

Oct 07, 2020

Advanced design software supports growth of additive manufacturing applications in the oil and gas industryAdditive manufacturing (AM, aka 3D printing) is beginning to impact product-development strategies in the oil and gas industry just as…

Wellesley Uses On-the-rig Simulator to Cut Drilling Risks

Oct 07, 2020

Oil and gas company Wellesley Petroleum earlier this year deployed a mobile ‘On-the-Rig’ (OTR) drilling simulator, to make its drilling crew ready for a drilling project offshore Norway and minimise the risks.The simulator, designed and manufactured by company Drilling Systems…

In a First, ROVOP Inspects Offshore Installation via Video Link

Oct 07, 2020

UK-based ROV services provider ROVOP has said it has delivered its first remote platform-based inspection, repair, and maintenance workscope, 'effectively reducing the number of personnel required offshore,' on Premier Oil's Balmoral floating production vessel in the UK North Sea…

VIDEO: Purdue Working on Mobile Docking Station for AUVs

Oct 07, 2020

Subsea robots can be great for environmental studies and search-and-rescue missions and, but eventually, they must return to a base to recharge their batteries and upload their data, which is a challenge if your robot is an autonomous underwater vehicle (AUV) exploring deep ocean waters…

ABS Launches "My DigitalFleet" for Marine and Offshore Operators

Oct 06, 2020

One of the world's largest maritime classification societies American Bureau of Shipping (ABS) on Tuesday launched a web-based digital platform that 'delivers real-time data-driven insights to improve fleet efficiency, reduce costs and help manage risks…

Miko Marine to Supply Magnetic Hull Closures for Modec FPSO

Oct 06, 2020

Norwegian company Miko Marine will deliver four cofferdams and water inlet covers for a Modec FPSO being built in China.The FPSO, under construction at the DSIC yard in Dalian, will operate at Equinor's Bacalhau field offshore Brazil.Miko Marine…

Caterpillar to Buy Weir's Oil and Gas Business for $405M

Oct 05, 2020

Weir Group Plc said on Monday it had agreed to sell its oil and gas division to U.S. heavy equipment maker Caterpillar Inc for $405 million in cash, as the engineering company focuses on its mining business.Shares of Weir surged 22.5% to 1,568p…

Aker Offshore Wind, Partners Install LiDARs Offshore S. Korea

Oct 05, 2020

Aker Offshore Wind, an offshore wind energy spin-off of Aker Solutions, has installed Light Detection and Ranging buoys (LiDARs) offshore Ulsan, South Korea. The company said the operation was a major milestone for the company’s KFWind consortium…

Hydramec's LARS for Fugro's Uncrewed Surface Vessels

Oct 02, 2020

Offshore surveyor Fugro has ordered a Hydramec launch and recovery system for its new uncrewed surface vessels recently ordered from Sea-Kit.Fugro, based in the Netherlands, in August ordered two 12-meter SEA-KIT X class uncrewed surface vessels (USVs)…

Protecting the giants of the sea

Oct 02, 2020

Without doubt, offshore steel installations are subjected to some of the harshest and most punishing environments on the planet. The highly saline atmosphere, extremes of temperature and severe mechanical stress create specific challenges for…

Konecranes and Cargotec to Merge

Oct 01, 2020

Finnish engineering firm Konecranes and cargo handling machinery maker Cargotec plan to merge to help speed up innovation and reap savings, they said on Thursday, sending both of their shares sharply higher.The boards of the companies, which…

TechnipFMC Nets 'Large' Subsea Order from Exxon for Payara Development in Guyana

Oct 01, 2020

Oilfield services company TechnipFMC said it has won a large contract to supply subsea equipment for ExxonMobil's Payara development offshore Guyana, following the oil major's FID on the project on Wednesday.Under the contract, TechnipFMC will manufacture and deliver the subsea production system…

Baker Hughes Launches Subsea Wellhead Cutting System "Terminator"

Sep 30, 2020

Oilfield services company Baker Hughes has launched a vessel-deployed subsea wellhead cutting system called the Terminator.In what Baker Hughes says is 'a first-of-its-kind mechanical wellhead removal method', the Terminator system has already…

Wärtsilä Names Håkan Agnevall as President and CEO

Sep 30, 2020

Finland-based marine engine and technology provider Wärtsilä has appointed Håkan Agnevall as its next president and CEO.Agnevall, who is currently president of Volvo's bus division, will start in his role no later than in April 2021, succeeding Jaakko Eskola…

Maersk Supply Service, Ørsted Working on Offshore Charging Buoy

Sep 28, 2020

Danish offshore vessel specialist Maersk Supply Service and its compatriot offshore wind developer Ørsted have teamed up to test a prototype offshore charging buoy.The buoy will act as a safe mooring point and a charging station for vessels…

Current News

Oceaneering Signs On for Terradepth's Ocean Data Service

Oceaneering Signs On for Terra

US Oil and Gas Production Rebounds

US Oil and Gas Production Rebo

Macquarie Asset Management to Sell Stake in UK Offshore Wind Farm

Macquarie Asset Management to

SMD Invests £300K in Clean Energy

SMD Invests £300K in Clean Ene

Subscribe for OE Digital E‑News

Offshore Engineer Magazine