Ocean energy is not just in the water. There’s offshore wind, which tends to be steadier than onshore wind. But turbines are harder to build and maintain in a marine environment than they are on land. The Bureau of Ocean Energy Management (BOEM)…
Offshore energy means more than just oil and gas. But is it an energy nirvana or a cult of false hope? Bruce Nichols looks at the progress that the marine renewables industry has made, and the hurdles it has to overcome.The latest trend in renewable energy has come to Cobscook Bay in Maine…
Rube Goldberg had nothing on these guys. The American engineer, inventor and cartoonist most famous for drawing outlandish machines would have smiled at all the ideas for capturing ocean wave and tidal energy.According to the European Marine Energy Center…
Aquatic Engineering & Construction, an Acteon company, has appointed Bill Smart business development manager, North America. Smart joins Aquatic from Prime Source Packaging, where he was vice president of sales & service. Previously…
Brad Farnsworth joins Greene’s Energy Group as chief financial officer. He comes to Greene’s from NATCO Group where he served as CFO. Previously, Farnsworth was chief administrative officer at Dynegy and KN Energy. Based in Houston, he will report to CEO Bob Vilyus.
Maria Lindenberg has taken over as Chevron’s chief procurement officer, replacing Leo Lonergan who retires this month. Based in Houston, Lindenberg will head Chevron’s enterprise-wide, supply-chain management activities. She joined the company…
Houston-headquartered MicroSeismic Inc. has hired Ganesh Murdeshwar as Vice President for its Calgary office. Murdeshwar will lead the sales, analysis, and operations teams. He comes to MicroSeismic from Tagle Information Technology, where he served as president and chief operating officer…
Aker Solutions acquired Canadian firm AKCS Offshore Partner. The company said the buyout supports planned future growth in North America as well as expansion into the St John’s, Newfoundland & Labrador, and Atlantic Canada market. AKCS was formed by Aker Solutions…
Carrizo Oil & Gas has agreed to sell its wholly-owned subsidiary, Carrizo UK Huntington, and its 15% interest in the North Sea Huntington field for US$184 million in cash to Calgary-based Iona Energy. The Houston-based explorer expects to net $116 million from the sale…
FMC Technologies purchased 173 acres in Houston’s Generation Park. The Houston-based company said the purchase affords the firm flexibility and options as it assesses its future needs in the area.
Robbins & Myers accepted NOV’s US$2.5 billion takeover bid. Shareholders will receive $60/share. The transaction transforms the engineered equipment and systems supply firm into a wholly-owned NOV subsidiary. The merger remains subject to approval by US and Canadian regulators.
Shell celebrated the relaunch of its Shell Technology Center Houston in January. The expanded facility contains one million square feet of laboratory and office space and houses 2000 Shell scientists and engineers, making it the largest of Shell’s three worldwide technology centers…
Nina M. Rach COLLOQUY: Editor's Column 'Innovation isn’t about new products, it’s about changing behavior,” explains Tom Koulopoulos, author of eight business books on the intersection of business and technology, including Cloud Surfing (2012) and The Innovation Zone (2011)…
Pemex awarded Subsea 7 a US$140 million contract for its Line 60 project in the Bay of Campeche. Subsea 7 will provide engineering, fabrication, and installation of a 16km-long pipeline, two slug catchers, and two cantilever structures. Offshore operations are underway.
Managing access to crucial data while maintaining a secure environment in the offshore communications sector can be taxing for many operators. Whether the information is moving from rig to shore, to the seabed, or to the drilling equipment, offshore communication has a host of inherent issues…