Advanced Navigation debuts the Boreas D70, a fiber-optic gyroscope (FOG) inertial navigation system (INS). According to the manufacturer, the technology is well suited to surveying, mapping, and navigation across subsea, marine, land and air applications…
Tiny amounts of gas that briefly appeared in the Russian Nord Stream 1 pipeline earlier on Wednesday, weeks after it was ruptured in the Baltic Sea, were down to a glitch in the flow metering service, the operator said. Gas flows were at 102…
The Biden administration on Wednesday revealed plans to hold an auction of oil and gas drilling rights for up to 1 million acres in the Cook Inlet off the coast of Alaska in December.The sale is among the concessions to the oil and gas sector included in U…
The Norwegian technology firm Vissim has won a contract Vissim to develop a digital platform for future oil spill monitoring and detection system on the Norwegian continental shelf for Aker BP.Vissim said Tuesday it would develop a software…
World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices help drive up inflation and act as a drag on the global economy.Fuel use has rebounded from the 2020 pandemic-induced slump…
Offshore wind is set to move further and further from shore, as demand for renewable energy grows and new floating turbine technology makes deep-water expansion possible. However, for the first time, large areas of the UK continental shelf now open for development are “seasonally stratified”…
Members of the U.S. commercial fishing industry are teaming up with an oil industry-backed lobbying group to fight offshore wind energy development on the East Coast, according to documents reviewed by Reuters and interviews with people involved…
The Business Network for Offshore Wind held its first Ventus Awards Gala on Thursday in Washington D.C.According to the organizers, the event brought together more than 200 people to celebrate the industry’s accomplishments, milestones, and the individuals…
The Offshore Technology Conference (OTC), one of the world's largest offshore energy technology-focused events, on Tuesday announced the names of executives participating in this year’s Opening General Session panel and first-ever Executive Dialogue series…
Dutch offshore survey company Fugro has completed the first phase of a 2-year contract with Atlantic Shores Offshore Wind (Atlantic Shores) to build and manage a centralized, cloud-hosted Geo-data repository for Atlantic Shores' lease development off the coast of New Jersey in the US…
French seismic data and technology firm CGG has through its CGG GeoSoftware launched version 11.0 of its portfolio of reservoir characterization and petrophysical interpretation software solutions. 'GeoSoftware 11.0 is a milestone achievement…
Fueltrax, a provider of marine fuel management systems, has said that a major Nigerian vessel owner and operator for fast crew boats and security vessels has upgraded two of its onboard electronic fuel monitoring systems to Fueltrax.Fueltrax…
One of the world's largest maritime classification societies American Bureau of Shipping (ABS) on Tuesday launched a web-based digital platform that 'delivers real-time data-driven insights to improve fleet efficiency, reduce costs and help manage risks…
Maersk Training in the UK announced the launch of its upgraded Training Management Solution (TMS) with the aim to improve the training management for companies dealing with fewer headcount and remote working, amid the coronavirus pandemic.The software is divided into two parts…
Norwegian energy giant Equinor has signed a multi-year deal with supercomputer group DUG Technology, covering seismic processing and imaging technology.Under the agreement, DUG says, Equinor will replace existing third-party technology with an integrated solution using DUG McCloud…
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