UK-headquartered Ocean Geophysics has introduced a solution that recycles and reprocesses freely available seismic data with the aim of helping developers reduce cost and risk when deciding which wind farms to bid for. In Europe and Australia, historical seismic data – for example from offshore oil
Norway’s Reach Subsea has reported record financial results for the first three months of 2024 with the order backlog reaching NOK 1.3 billion (about €111.5 million), a 60% increase compared to the first quarter of 2023. Revenue for Q1 2024 was NOK 575.3 million, a 146% increase compared to NOK 234
Ricardo has received approval in principle (AiP) from Lloyd’s Register for the design of its multi-megawatt containerized fuel cell power plant solution.
Australian energy giant Woodside Energy has awarded TechnipFMC with an integrated engineering, procurement, construction, and installation (iEPCI) contract to support ongoing production from an LNG project in Australia. Under the contract described as “significant”, TechnipFMC will design, manufactu
Offshore Renewable Energy (ORE) Catapult has carried out an in-depth survey, on behalf of Crown Estate Scotland in 2023, gathering insights and ideas from individuals working to develop and commercialize the upcoming wave and tidal technologies and projects.
Independent energy expert and assurance provider DNV has released its latest standard for hybrid thermoplastic composite flexible pipes (TCPs) intending to facilitate the integration of innovative technologies, such as carbon fiber armor, into flexible riser designs. DNV’s latest standard, DNV-ST-F2
Norwegian shipping group Island Offshore has awarded compatriot shipbuilder VARD with a contract to design and construct one hybrid power ocean energy construction vessel (OECV) and has also agreed on an option for two more vessels. In 2020-2021, Island Offshore, whose 19-vessel fleet operates in th
A team of University of Melbourne researchers will work with Australian and international industry partners to develop mega-scale liquid hydrogen storage systems and infrastructure for energy export terminals and vessels.
Important developments at DCS (Drecht Coating Services): the blasting and coating specialist from Moerdijk has recently been taken over by three experienced investors from the manufacturing industry. Men with a passion for technology and a clear vision about the future of the offshore manufacturing
An FPSO, which is working on ExxonMobil’s first oil development project offshore Guyana, has tucked one more industry first under its belt.
Ocean Energy Europe (OEE) has announced that EU funding and domestic revenue support are expected to facilitate the deployment of 137 MW of tidal and wave energy projects over the next five years, following the OEE’s report of the latest statistics about the ocean energy sector.
Japanese companies NYK Line, NYK Trading Corporation (NYKT), Azbil Yamatake Friendly and Kayama Kogyo have begun recycling well-worn vehicle lashing belts to convert them into solid fuel.
Saipem’s Hydrone-R underwater intervention drone has achieved uninterrupted subsea operations for nearly six months, performing remotely operated works and autonomous missions on Equinor’s Njord oil and gas field offshore Norway. The Hydrone-R, whose operations are fully supervised from Saipem’s ons
Norwegian oil and gas player Aker BP has awarded compatriot subsea technology company Optime Subsea with a contract to develop and deliver multiple remotely operated controls systems (ROCS) for use on the Norwegian continental shelf (NCS). Aker BP has placed an order with Optime Subsea for the renta
