Ashtead Technology, a UK-based offshore energy services and technology company, announced Thursday that it had received strong support from new institutional investors and will begin trading on the London Stock Exchange's Alternative Investment Market on Tuesday…
Energy industry services firm TechnipFMC has completed the acquisition of the remaining stake of Magma Global, a provider of composite pipe technology.TechnipFMC originally acquired an interest in Magma in 2018, combining its flexible pipe technology…
Ashtead Technology has appointed Graham Clark to the newly created position of Chief Technology Officer (CTO) to accelerate its technology and digitalization strategy.The subsea equipment rental and solutions provider for the offshore energy industry…
ABB's subsea power system, capable of distributing up to 100 MW of electricity over long distances and in ultra-deepwater, has won this year’s Underwater Technology Conference (UTC) Award.ABB’s US$100 million Subsea Power Joint Industry Project…
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)…
Rocsole, a Finland-based developer of offshore pipeline inspection technology, has received an Offshore Technology Conference (OTC) Spotlight on New Technology award for a system that inspects pipelines while allowing production to continue without interruption…
UK-based subsea technology and services specialist Ashtead Technology said Thursday it had entered into a cooperation agreement with Angola-based inspection and asset integrity company, OAP, and revealed that the partnership had already completed a mooring inspection gig for Total in Angola…
U.S.-based oilfield products supplier Forum Energy Technologies (FET) said it has entered into a partnership with Deepsea Technologies Equipamentos Industriais Ltda to represent its operations in Brazil as part of the business’ long-term growth strategy in South America…
Aberdeen-based downhole sensing technology company, Well-SENSE, has appointed Annabel Green as its new CEO.Well-SENSE said Green would help the company to accelerate its global business strategy and drive further adoption of its proven downhole sensing technology…
U.S. based ocean energy technology developer Ocean Power Technologies has acquired 3Dent Technology, an offshore energy engineering and design services company based in Houston, Texas. 'OPT’s first acquisition brings additional revenue from 3Dent’s established project and customer base…
Subsea technology firm Rovco announced it has secured £5 million ($6.5 million) in new funding to support international expansion and continued development of 3D computer vision and artificial intelligence (AI) subsea technology.The funding includes a £3…
New technology brought to market by Cortez Subsea and AFGlobal aims to reduce cost and risk to pipelay.The Stinger Deployed Diverless Connector (SDDC) has been developed to conduct pipeline tie-ins using a remotely operated underwater vehicle (ROV) and…
As connectivity at offshore oil and gas facilities improves, one of the major hurdles for augmented reality technology is evaporating.Connectivity has, for years, been the primary challenge for uptake of certain remote-enabling technologies for use in testing…
A new work class remotely operated underwater vehicle from SMD introduces electric drive technology to the subsea sector in a modular packageThe new Quantum EV ROV prototype, showcased at Offshore Europe in Aberdeen this week, is equipped with a new 25kW high power electric thrust system…
New research delivered in partnership with the Oil & Gas Technology Centre (OGTC) and Robert Gordon University (RGU) has reached a milestone in understanding the psychological processes that govern technology adoption and deployment decisions…
Subscribe
