Kraken Robotics Inc. subsidiary, Kraken Robotic Systems Inc. said it has established a new facility in Dartmouth, Nova Scotia to field test and support its range of underwater robotic platforms and technologies.The new 4,000-square-foot Unmanned…
Fitch on Thursday became the first major ratings agency to downgrade the debt of Mexican oil company Pemex to 'junk' status, in a major setback for President Andres Manuel Lopez Obrador's plans to revive the struggling state-run firm.Fitch changed…
Soil Machine Dynamics Ltd (SMD) announced it has signed a contract to supply a 200Te Multi-Mode Pre-lay Plough to marine service provider Boskalis N.V.Set for delivery in spring 2020, the Pre Lay Plough comes with SMD’s latest surface control…
BP is again seeking buyers for its stake in the Shearwater oilfield in the British North Sea after talks with Royal Dutch Shell fell through, industry and banking sources said.The talks between Shell, the field's operator, and BP failed due to disagreement over the value of the 27…
Oil workers have been evacuated from the Statfjord A platform in the North Sea after it was struck by a platform supply vessel (PSV), Norwegian oil and gas company Equinor said on Friday.The platform was not producing when it was struck by the…
German-based Buss Offshore Solutions and French industrial logistics firm IDEA have formed a joint venture to target the French offshore wind market.The JV follows the signing of a declaration of intent in September 2018. The two companies named the JV as Buss IDEA Offshore…
Atlantic Shores Offshore Wind, a 50:50 joint venture between Shell and EDF Renewables North America, has entered into a Memorandum of Understanding (MOU) with Rutgers University to advance ocean research and monitoring that will support offshore wind development…
Van Oord has deployed more than 40 kilometres of its trencher Dig-It to bury the laid inter-array cables at the Deutsche Bucht offshore wind farm in Germany.The Dutch maritime contracting company said that these cables form the connection between…
Shanghai Merchant Ship Design and Research Institute has been granted approval in principle (AiP) by Lloyd’s Register (LR) for a J-lay heavy lift vessel concept design.The vessel’s primary function will be deep-water pipe-laying, subsea installation and heavy lifting in deep sea…
Partners DNV GL, Kongsberg Maritime and Subsea 7 have concluded the pilot testing of Kongsberg Maritime’s (KM) DP Digital Survey (KMDS) application on board the Subsea 7 vessel Seven Kestrel.The pilot tested the use of a remote digital verification…
BMT said on Thursday it has been awarded a contract to design two crew transfer vessels (CTVs) to be deployed for Windserve Marine to service Ørsted’s Coastal Virginia Offshore Wind Project in the US.BMT has designed the new 20-meter CTV specifically for East Coast conditions with maneuverability…
ABS has partnered with Mission Secure Inc (MSI) to provide enhanced cyber defense protection of industrial systems that operate modern day vessels and offshore platforms.
ABS cyber security expert Cris DeWitt explains the foundation of the company's FCI Cyber Risk methodology and how it can safeguard against cyber threats to offshore operations on MODUs, drillships, and offshore support vessels.
The Dorado-2 appraisal well has confirmed a major oil and gas resource in the Bedout Basin, offshore Western Australia, operator Santos announced on Thursday.The well was drilled down-dip approximately 2 kilometers from the Dorado-1 discovery…
Israel on Thursday extended its tender by a month to grant new licenses for offshore oil and natural gas exploration.The deadline for bids was due by June 17 but the Energy Ministry extended it until July 15, with the winners to be announced on August 12…