Offshore Technology News

 

Total Launches New Supercomputer

Jun 18, 2019

Energy major Total said its new supercomputer - which has propelled it to a world ranking as the most powerful computer in the sector - will enable its geologists to find oil faster, cheaper and with a better success rate.The Pangea III computer…

Subsea Power Distribution Drawing Near

Jun 18, 2019

Subsea power distribution set to move oil and gas production facilities on the seafloorSubsea power distribution down to 3,000 meters depth will soon be a reality. This summer, a full-scale prototype will be running a 3,000-hour test. After that…

Bigger, Bolder, Heavier

Jun 17, 2019

Europe’s offshore wind market is growing faster than anyone expected – not least in terms of the components being installed. Could this mean a challenge for the existing installation fleet?While offshore wind is seen by many as a maturing market in Europe…

CGG, Shearwater Partner

Jun 14, 2019

Marine geoscience companies CGG and Shearwater GeoServices earlier this month signed a binding term-sheet for a strategic partnership for marine seismic acquisition services and creation of a new streamer technology company.Under the agreement…

Norway Green Lights Gullfaks Boost

Jun 14, 2019

Norway has approved Equinor's project to boost oil recovery from the Gullfaks field in the North Sea by 17 million barrels, the energy ministry said on Friday.The project, which aims to produce oil from the Shetland/Lista dense lime reservoir located above the field's main reservoir…

Grimsrud Named CFO of Aker Solutions

Jun 14, 2019

Ole Martin Grimsrud has been appointed Chief Financial Officer of Aker Solutions, effective August 1, 2019. He replaces Svein Oskar Stoknes, who is taking over as CFO of Aker on the same day.Grimsrud joined Aker Solutions in 2012 as Vice President…

DSME, DNV GL Pact for Joint Projects

Jun 13, 2019

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) and DNV GL have signed a framework agreement which will see them cooperate on joint development projects (JDPs) for future technologies in the shipbuilding and offshore plant industries…

The Subsea Transformation is Happening

Jun 13, 2019

The light has been shone on the potential for the subsea oil and gas industry to not only play a role in but lead energy transition initiatives and new ocean industries in Norway and overseas during the Underwater Technology Conference (UTC) Bergen today…

JFSE Launches Shallow Water Excavation Tool

Jun 13, 2019

Controlled flow excavation (CFE) services expert James Fisher Subsea Excavation (JFSE) said it has developed a low draft, lightweight excavator that is primarily aimed at shallow water excavation and shore pull works, including trench maintenance during pull-in operations…

Singapore Firms Select ABS Systems

Jun 13, 2019

Singapore-based offshore marine services provider PACC Offshore Services Holdings Ltd (POSH) and the maritime logistics solutions provider Pacific Carriers Limited (PCL) have selected ABS Nautical Systems  (NS) fleet management software to support their digitalization strategy…

Trump Administration Sued Over Offshore Rule Changes

Jun 12, 2019

A coalition of environmental groups on Tuesday filed a lawsuit challenging the U.S. Interior Department's rollbacks of safety measures put in place by the Obama administration in the aftermath of the fatal 2010 BP Deepwater Horizon oil spill…

Saab Seaeye eRobotics Campaign Wins UTC Award

Jun 12, 2019

A project that achieved a world first in subsea vehicle deepwater residency capability, proving the potential for marine autonomous systems to take a greater role in underwater inspection, repair and maintenance methodologies, is the winner of the annual UTC Subsea Award…

Subsea Challenges, but Also Solutions

Jun 12, 2019

The huge changes made in the industry since the downturn in 2014, through to the challenges that lay ahead and some of the solutions that could help solve them, were set out by a top tier line up ranging from oil major heads of macroeconomics…

PM Solberg: Industry Has the Power to Transform

Jun 12, 2019

Norwegian Prime Minister Erna Solberg underlined her and the government’s support for the offshore oil and gas industry, especially the subsea industry, in a keynote speech and visit to this year’s Underwater Technology Conference in her home town…

C-Innovation to Perform RLWI for BP

Jun 12, 2019

US-based marine services firm C-Innovation (C-I) said it has been awarded a contract to perform riserless light well intervention (RLWI) activities for oil major BP in the Gulf of Mexico.C-I, an affiliate of Edison Chouest Offshore (ECO) and its family of companies…

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