While wave power is still in its infancy relative to offshore wind in the renewable power space, several companies are making step changes that are geared to lead this power source to utlity scale. One Swedish company making the move is Eco Wave Power…
Dutch marine contractor Boskalis on Monday acquired all the shares of Rever Offshore’s subsea services business.Rever, formerly known as Bibby Offshore, provides solutions in the area of subsea construction, inspection, repair, and maintenance…
Ten years ago, a future where subsea fields and their power-hungry process equipment could be fully electrified, enabling long step-outs to tap remote reserves with lean new infrastructure architectures, lit the fuse for a spate of investment in subsea power distribution…
In 2017, the Brazil National Petroleum Agency (ANP) issued a failure mode alert: stress corrosion cracking (SCC-CO2) triggered by the presence of CO2 in high-pressure pre-salt conditions had been identified as the cause of broken tensile armor wires on a certain flexible pipe installation…
Ocean energy technology developer Ocean Power Technologies's stockholders have appointed Clyde W. Hewlett, Diana G. Purcel, and Peter E. Slaiby to its Board of Directors.Terence J. Cryan, Chairman of the Board of OPT, a company that builds buoys that harvest and store wave energy…
The U.S. Department of Energy (DOE) has recently granted $21 million in funding for three projects supporting offshore wind energy technology demonstration and resource characterization.These projects will support offshore wind development by…
Dutch offshore oil and gas operator Wintershall Nordzee has recently seen Wärtsilä's Navi-Harbour WebVTS 5.0 software application for its platform in the Dutch North Sea.The software features an early warning system to avoid allisions between the offshore platforms and vessels in their vicinity…
Tidal energy developer Atlantis said Tuesday its Scottish-made tidal generation equipment had arrived in Japan.The Atlantis designed and built tidal generation system has arrived in Nagasaki harbor, Japan having left Scotland in October. It…
Schlumberger's OneSubsea has ordered 'the first-ever' 20,000 psi-rated subsea hydraulic junction plates and associated connection hardware from Oceaneering, for deployment at Chevron's Anchor development in the U.S. Gulf of Mexico.The hardware is destined for the first-ever 20…
Denmark-based clean-tech company Floating Power Plant (FPP) said Friday it was building what it said was 'the biggest wave energy PTO (Power Take-off) test bench in the world.'The company is collaborating with Fritz Schur Energy, Seasystems…
Oceaneering has been awarded a connector supply contract from TechnipFMC to provide 2-inch M5 Connectors and Chemical Throttle Valves (CTV) for Murphy Oil's Khaleesi/Mormont and Samurai tieback project in the U.S. Gulf of Mexico (GoM).Oceaneering…
Dutch offshore services company Fugro has said it has won a contract with Malaysia's Petronas, to provide positioning services for Petronas' exploration program offshore Suriname.The news comes just days after Petronas said it had discovered hydrocarbons in its Block 52…
Norwegian pre-rig technology company Neodrill, known for its Conductor Anchor Node (CAN) technology, has signed a frame agreement with Neptune Energy and shared info on its first two projects.Neodrill's two CAN-ductors were installed earlier…
IKM Ocean Design has won a contract with Equinor for a pipeline engineering concept study for the Wisting oil field in the Barents Sea.Wisting, located in the Barents Sea, 300 kilometers from Norway’s northern coast, in a water depth of 400 meters was discovered by OMV in 2013…
Motive Offshore, a UK-based marine equipment provider has acquired subsea equipment experts, Flowline Specialists, for an undisclosed sum.Motive, based in Boyndie, Banff, Scotland, said that the deal is the latest development in Motive’s growth trajectory…