Gro Stakkestad, manager of subsea intervention and pipeline repair, Equinor, weighs in on her company’s thoughts on subsea resident vehicles.Why are subsea resident vehicles attractive now?The recent downturn in the oil price combined with ever…
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…
Blue Logic, based near Stavanger in Norway, is not the only firm producing inductive subsea connectors (WiSub, near Bergen is doing similar), but Blue Logic has been heavily involved in building a key piece of the infrastructure that will enable…
The leadership at Danos believes technology will transform the oil industry. To thrive in the midst of that change, Louisiana-based Danos is actively focused on how to use technology to help customers work more efficiently and cost-effectively…
On July 1, Saipem-Sonsub’s Hydrone-R underwater intervention drone was launched in water to start the endurance and qualification tests prior to its commercialization by year’s end.The Hydrone Program is the key workstream of Saipem’s Technology Development Plan within subsea robotics…
Although Norway’s offshore segments took a pounding in share-price value on Monday — with every segment incurring losses — the consensus here is that fundamentals offshore are good, and a combination of general uncertainty and specific contract losses are what rocked investors starting their week…
Italian services firm Saipem said it has started functional testing on its Hydrone-R underwater resident vehicle at Sonsub facilities in Venice.The advanced underwater intervention drone is being launched in water for a comprehensive qualification…
Activity in the floating production sector has not been slowed by the recent volatility seen across global oil markets, according to a recent report by World Energy Reports (WER).Brent oil, which had reached as high as the mid $70 range earlier this year…
Oil rose towards $65 a barrel on Tuesday as OPEC supply cuts and Middle East tensions outweighed the U.S.-China trade dispute that has been dragging down the global economy and oil demand.OPEC and its allies led by Russia agreed last week to extend their supply-cutting deal until March 2020…
Esvagt, provider of emergency rescue and response vessels and related services to the offshore energy industry, said it has appointed a new head of business development to lead a push into new services, including in offshore wind.The Danish…
Drones and crawling robots outfitted with special scanning technology could help wind blades stay in service longer, which may help lower the cost of wind energy at a time when blades are getting bigger, pricier and harder to transport, Sandia National Laboratories researchers say…
Brent oil rallied above $65 per barrel on Friday and was on track for a 5% gain this week on fears of a U.S. military attack on Iran that would disrupt flows from the Middle East, which provides more than a fifth of the world's oil output.Brent crude was up $0…