The UK’s underwater industry, currently valued at £8 billion with a third of the global market share, has the potential to grow to £45 billion by 2035, creating an estimated 180,000 new jobs and around £20billion or more in exports for the UK, the newly launched organization Global Underwater Hub (GUH) said.Officially launched today at the Subsea Expo event in Aberdeen, the GUH is a new organization…
Malaysian energy industry solutions provider T7 Global said recently that its subsidiary Tanjung Offshore Services had received a two-year contract from Petronas Carigali for subsea inspection services.The contract, effective until August 2024…
UK-based subsea services company Modus has commissioned its control room in Darlington, England, from which it can operate subsea hybrid autonomous underwater vehicles.The subsea robotics company said the launch was the culmination of a £24 million (around $29…
UK-based subsea battery specialist Verlume, formerly known as EC-OG, said Thursday it had joined with consortium partners to progress the development of an autonomous underwater robot that moves like a fish to enable efficient offshore inspection regimes in harsh and hard-to-reach environments…
UK-based subsea rental equipment and solutions specialist Ashtead Technology has signed an exclusive rental agreement with Aberdeen-based OceanTools, a subsea engineering company.OceanTools specializes in the design and manufacture of underwater technologies…
UK-based wave energy technology company Mocean Energy has said it has secured a major new investment to accelerate the commercial roll-out of its Blue Star wave machine. The new funds will drive the technology's adoption in subsea oil and gas…
MAATS Tech has been named subsea company of the year and David Bruton, Director Subsea at Crondall Energy, was recognized for his outstanding contribution to the industry at the Subsea Expo Awards held Wednesday night in Aberdeen, UK. Organized by the Global Underwater Hub (GUH)…
3D at Depth, a subsea LiDAR laser technology company said Tuesday it had received a new patent 11.249.193, 'Systems and Methods for Monitoring Underwater Structures,' from the U.S Patent and Trademark Office. The patent's claims focus predominantly…
Argeo AS selected Eelume’s autonomous ‘snake robot’ to assist in its operations, the first commercial contract for this new tech which was developed with the assistance of Kongsberg Maritime, a majority shareholder in the venture.“We believe…
In October, a new class of underwater observation vehicle, the ARV-i, will be launched at Ocean Business 21. New Zealand-based Boxfish Research and Norwegian partner Transmark Subsea developed the autonomous underwater resident vehicle in a joint venture…
Italian Saipem has signed a cooperation agreement with the Italian start-up WSense to develop complex communication networks for subsea drones.These multi-purpose intelligent nodes will be designed and qualified by Saipem and WSense to be interfaced…
ABB's subsea power system, capable of distributing up to 100 MW of electricity over long distances and in ultra-deepwater, has won this year’s Underwater Technology Conference (UTC) Award.ABB’s US$100 million Subsea Power Joint Industry Project…
A tax package to support Norway’s oil and gas industry as Covid hit looks set to yield “a wave of developments and projects” adding up to investment worth NOK350-400 billion ($41-47 billion) and equivalent to one and a half the size of the Johan Sverdrup field…
Norwegian robotics company Kongsberg Ferrotech has joined forces with Equinor, SINTEF, and Gassco to develop 3D printing technologies for subsea equipment repair and maintenance.The company has already developed a subsea robotic system, Nautilus…
UK-based subsea research and development institute NSRI is set to become part of Subsea UK.The organization, originally set up as a focal point for subsea research and development, has been working more closely with Subsea UK for the last six…
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