Subsea marine robotics company Stinger Technology has won a subsea drone research and development contract with oil firm Neptune Energy.Under the contract, Stinger Technology will work on the development, qualification and field trials of autonomous inspection/ intervention subsea drones…
The last 12 months has seen a long-envisioned concept in field resident subsea finally make it mainstream. The idea now features in talks by chief technology officers at major industry events, instead of just being the focus of a smaller subsea side events…
Three European companies are working on a drone that could deliver spare parts and tools from vessels to offshore wind turbines, cutting delivery times to technicians atop wind turbine generators.Siemens Gamesa, Ørsted, and ESVAGT have teamed…
Oil prices edged higher on Tuesday as investors focused on the signing of a preliminary trade deal between the United States and China, the world's top oil consumers, and on expectations of a drawdown in U.S. crude oil inventories.However, price gains were capped by receding Middle East tensions…
Oil prices dropped on Friday extending days of losses as the threat of war in the Middle East receded and investors switched attention to economic growth prospects and the rise in U.S. crude oil and product inventories.Brent crude fell 20 cents…
A growing battalion of small, compact systems is marching in on the subsea world, in some ways making it a bigger space for more to enter. Elaine Maslin reports.Smaller remotely operated vehicles (ROVs) and smaller autonomous underwater vehicles…
A Turkish drone meant to help seek hydrocarbons in the eastern Mediterranean landed at an airport on the divided island of Cyprus on Monday, a Turkish official said, in a move that could further stoke tensions between Turkey and Greece.The breakaway…
The use of drones to inspect offshore assets can drive up safety levels, increase operational time and reduce costs.In just a few short years, drone technology has “come a very, very long way,” says Tyler Collins, VP of enterprise services at PrecisionHawk…
Houston-based global seismic services company SAExploration announced a combined $130 million of new projects in Alaska, Canada and the Middle East.According to the geophysical services provider the largest contract is valued at approximately…
Norwegian energy company Equinor said on Friday it has chosen suppliers for inspection services on all its offshore installations on the Norwegian continental shelf (NCS) and onshore plants in Norway.The frame agreements, which Equinor said are scheduled to be signed shortly…
It’s long been a vision to have underwater vehicles able to support subsea operations without reliance on a surface vessel. We’re closer to this vision than ever before, but what’s new that wasn’t in place before to make this happen?Earlier…
The starting gun on a subsea space race has now officially been fired with the first ever award of a contract that includes services from a subsea resident drone.But, what is less known is that the award, made by Equinor to Saipem for operations on the Njord field…
One of the world's largest oil and gas companies is using advanced technology originally designed for use on Mars to remotely monitor methane emissions from its offshore assets in the North Sea.A pilot project being run by UK supermajor BP,…
Transmark Subsea announced on Tuesday it has acquired fellow Norwegian underwater environment company WiSub.Transmark Subsea manufactures cable systems for distribution of electrical signals, power and fiber optics to the offshore subsea industry…
Norwegian energy company Equinor said it will use the new Hydrone all-electric wireless underwater intervention drone (UID) and remotely operated underwater vehicle (ROV) technology from Italian services firm Saipem at the Njord Field development…
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