Kawasaki Heavy Industries (KHI) and Corvus Energy have reached a licensing agreement for a novel lithium-ion capacitor (LiC) technology developed by Corvus for KHI.The LiC-based energy storage systems (ESS) to be sold by Corvus to offshore vessels and oil rigs globally…
After a period of dormancy, drilling activity and rig utilization is up. Yet despite an increase in demand for rigs, there is still an oversupply. Few long-term fixtures, gaps in schedules and rigs moving between different regulatory regimes create new rig intake challenges…
International Union of Marine Insurance (IUMI) Offshore Energy Committee reported a further reduction in global offshore energy premiums.Global premiums in this sector were reported to be USD 3.4 billion which represented a 3% reduction from 2017…
Nigeria-based Homeland Integrated Offshore Services LTD (Homeland IOS) said it has placed an order with the Singaporean Penguin Shipyard for several Flex Fighter security/crew vessels for delivery in December 2019.The 40-meter vessels are among the first of Penguin Shipyard’s latest generation…
For Bibby Marine Services, MIROS WaveFinder software supports operations in real time and provides accurate, reliable wave data vital to vessel operational limits.Bibby WaveMaster 1 is a walk-to-work service operation vessel (SOV) that makes…
TGS and Quantico Energy Solutions announced a technology collaboration to leverage their respective offerings in seismic data, AI-based well logs, and artificial intelligence (AI)-based seismic inversion.TGS is a provider of multi-client geoscience…
Norwegian offshore vessel owning giant Solstad Offshore ASA has bagged contract extensions for two of its anchor handling support vessels for Petrobras in Brazil.'Petrobras has declared their options to extend the contracts for the two AHTS´s Far Scout and Far Santana with 1 year…
ION Geophysical Corporation, a technology focused company that provides geophysical technology, services and solutions to the global oil and gas industry, announced a new 2D multi-client program offshore West Africa.The industry-supported NamibeSPAN…
Luxembourg-headquartered maritime contractor Jan De Nul Group has signed its first offshore wind construction contract in France.Sodraco International SAS, a French subsidiary of Jan De Nul Group, has signed a contract to transport and install…
Turkey’s Cemre Shipyard has contracted Dutch equipment supply company Pronomar to equip two service operation vessels (SOVs) ordered by Louis Dreyfus Armateurs for Ørsted with drying systems for the workwear of the technicians.The first of the two vessels…
Belgium-based Dredging, Environmental and Marine Engineering NV (DEME) said that its installation vessel ‘Innovation’ will set sail to the Belgian North Sea with the first load of 58 turbine foundations and transition pieces for installation at the SeaMade offshore wind farm…
Subsea services provider DOF Subsea has equipped a further three of its Brazilian offshore vessel fleet with hybrid acoustic and inertial navigation technology from Sonardyne Brasil Ltda.Sonardyne’s SPRINT-Nav all-in-one subsea navigation instruments…
The head of Russia's Rosnedra subsoil agency said on Tuesday that the development of the Pobeda (Victory) offshore Arctic oilfield in the Kara Sea is feasible only at oil prices of $130 to $140 per barrel, Interfax news agency reported.Rosneft…
Offshore installation contractor Jan De Nul Group have selected the patented Tekmar Cable Protection System (CPS) TekLink Mechanical Latch for the Changhua offshore wind farm in Taiwan.UK-based cable protection specialist Tekmar Energy will…
Ørsted A/S, the world’s largest offshore wind power producer, said it sees high potential in the Korean offshore wind power market, intending to build long-term, sustainable relationships with the Korean government and companies.“South Korea is a peninsula surrounded by three seas…
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