Offshore energy services company Subsea 7, and its subsidiary Xodus Group have received recognition from OTC for Subsea 7 Nano Engineered Sensor Platform (Subsea 7 NESP), and will receive a Spotlight on New Technology Award at this year's Offshore Technology Conference (OTC)…
Oceaneering International’s Rotator business launched a new Topside Chemical Throttle Valve (T-CTV) for multiple industries including oil and gas, chemical processing, wastewater treatment, medical, and pharmaceutical. The T-CTV leverages existing…
Spanish ship design and offshore engineering company Seaplace has won a DNV Statement of Feasibility for its CROWN Spar offshore wind floating platform concept.DNV said that its Statement of Feasibility verifies new concepts and opens the door…
Join speakers from ABB, Lloyd’s Register, Equinor and World Energy Reports as we explore why 2021 is the year for offshore wind in the United States.WHEN: Thursday, March 25, 2021, 11 a.m. EDT (US).REGISTER NOW!From eight turbines for 42MW of capacity at the end of 2020…
The global offshore wind operations and maintenance (O&M) market is expected to grow 16% annually to reach US$12 billion (€10 billion) by 2029, with opportunities for both existing and new players, energy intelligence group Wood Mackenzie said in a report on Tuesday…
After several false starts, 2021 is the year when the U.S. offshore wind industry begins to realize its potential. This is according to Philip Lewis, Director of Research, World Energy Reports (WER).In an interview with Maritime Reporter TV's Greg Trauthwein…
Despite being the second-largest global market for onshore wind, the United States is today a very minor player in comparison to the European and East Asian offshore wind markets, however, this is about to change.Philip Lewis, Director of Research…
Offshore drilling contractor Stena Drilling has awarded a 'six-figure' fleet-wide deal to cloud reporting and analytics firm Independent Data Services, which will deploy solutions for near-real time rig and fleet-wide performance benchmarks…
Late 2018, before net-zero targets had been agreed to by most western energy giants and nations, BP came out with a goal to reach 100% of subsea inspection by marine autonomous systems by 2025.It was a tangible goal then, and it’s one that might…
Norway's Kongsberg Maritime said Friday it had during 2020 won contracts for 12 of its Shuttle Tanker concepts, with a value totaling over NOK 400 million (around $43,7 million).Shipyards in South Korea and China are building the vessels, which…
Predictive analytics company VROC has won a contract with oil firm Taqa to provide predictive maintenance software for Taqa's North Sea oil and gas platformsThe three oil and gas platforms, Tern, Cormorant Alpha, and Harding, located in the UK North Sea will initially use the technology…
Industries are adapting to an increasingly digitalized landscape. The floating production, storage and offloading (FPSO) industry is no different. As concerted efforts are made to improve project economics Matt Tremblay, ABS Senior Vice President…
ABB has won a contract to equip KNOT's shuttle tankers with battery technology and other electric solutions, with the aim of making the vessels fuel-efficient and reducing emissions. Once complete, the shuttle tankers will go on a charter with Norwegian oil company Var Energi…
Dutch tidal power specialist Tocardo has agreed to buy the 1.25MW Oosterschelde Tidal Power Plant, dubbed the largest tidal array in the world. . The plant is installed on the Dutch Oosterscheldekering surge barrier.The Oosterschelde Tidal Power Plant consists of five T-2 tidal turbines…
The oil and gas industry is currently enduring one of the most challenging periods in its history. The impact of the COVID-19 pandemic significantly accelerated an existing decline in global demand for hydrocarbons, resulting in the lowest oil prices for 30 years…