Well construction and intervention solutions company Reelwell has secured a strategic equity investment by drilling and well services provider Odfjell Technology, which will buy 10% stake for $3.8 million.The investment from Odfjell Technology…
GBM Works has made progress with the development of its Vibrojet technology, designed to address noise pollution affecting marine life during the installation of foundation piles by using vibrations and water jetting, instead of traditional piling methods…
Energy technology company Baker Hughes has signed a multi-year agreement with Petrobras to deliver fully integrated completions systems for its offshore deepwater fields.The award followed an open tender and will leverage Baker Hughes’ innovative…
Some Indian mining and cement companies have approached Dutch shipbuilder Royal IHC for technical assistance as they prepare to bid for deep-sea mineral blocks up for auction, two sources with direct knowledge of the matter told Reuters.In November…
NKT has launched an integrated cable monitoring platform designed to support continuous operation of on- and offshore power cables.NKT’s new cable monitoring solution, a platform that integrates multiple sensors and combines technologies to provide a comprehensive overview of power cable conditions…
Saipem has presented its Star1 semi-submersible floating wind foundation technology, which was recently selected for two floating wind projects planned in the Mediterranean Sea.Deriving its name for star-like shape, the Star1 technology consists of three arms converging at the center…
Dutch geological data specialist Fugro has secured the contract for offshore soil investigation services for the proposed Blue Mackerel offshore wind farm in Australia.Fugro will execute offshore geotechnical investigations to support the Blue Mackerel project being developed by Parkwind…
Britain will invest 55.7 million pounds ($71.45 million) in the Port of Cromarty Firth in Scotland to expand the facility to become a hub for floating offshore wind, the government said on Wednesday.Britain has a target to largely decarbonize…
TDI-Brooks recently secured a contract with Compass Survey Limited to conduct a series of 2D Ultra High-Resolution (2DUHR) seismic site surveys and pipeline route assessments for SPDC offshore Nigeria.These projects involve the acquisition of…