DW forecast that between 2013 and 2017 $91bn will be spent on floating production systems (FPS) – an increase of 100% over the preceding five-year period. In Douglas-Westwood’s new World Floating Production Market Forecast 2013-2017, a total of 121 floating production units are forecast – a 37% incr
An independent review of the response by Maritime New Zealand (MNZ) to the grounding of the Rena on Astrolabe Reef off the coast of Tauranga on 5 October 2011 will be conducted by former Secretary of Foreign Affairs and Trade, Simon Murdoch. The review will examine the MNZ response to the Rena incid
As innovative new production technologies lower carbon fiber cost, the global market for carbon fiber reinforced plastics, or CFRPs, will more than double to $36 billion in 2020, growing at a compound annual growth rate of 13% from $14.6 billion in 2012, according to a Lux Research report. Polyolefi
As innovative new production technologies lower carbon fiber cost, the global market for carbon fiber reinforced plastics, or CFRPs, will more than double to $36 billion in 2020, growing at a compound annual growth rate of 13% from $14.6 billion in 2012, according to a Lux Research report. Polyolefi
The UK Government signed a new order for development of the former Swan Hunter shipyard, which will allow simplified planning process, the Bdaily news site reports. The shipyard will become one of five Centres for Offshore Renewable Engineering (CORE). Developers would not need to seek formal planni
Deepwater Gulf of Mexico (GoM) is experiencing a strong resurgence of Exploration and Production (E&P) activity and is well on its way towards reaching a “new equilibrium” in 2013 according to Wood Mackenzie’s latest upstream outlook. Huge exploration success in the deepwater GoM over the 10 years p
Completion of the world’s largest deep-sea tsunami array, new instruments to improve marine safety in the Strait of Georgia, and the first subsea instrument platform in the Arctic—these are three exciting developments underway at the University of Victoria’s world–leading Ocean Networks Canada Obser
The inaugural Oceanology International China is to be held 3-5 September 2013 at INTEX, Shanghai. Organised by Reed Exhibitions whose long-running OI Oceanology International – the world’s largest exhibition for marine science and science technology – is held biennially at London’s ExCeL, Oceanology
Wave energy developer Carnegie Wave Energy Limited yesterday welcomed His Excellency Mr. Noel White, Ireland’s Ambassador to Australia, to its Fremantle Wave Energy Research Facility. Carnegie’s Chairman, Grant Mooney, and Project Development Officer, Tim Sawyer, gave His Excellency a tour of the Fr
The introduction of new and larger vessels, Q-Flex and Q-Max, and new, often more exposed terminals becoming operational have changed mooring dynamics. The need to maintain workers’ safety at all times, whilst delivering maximum operational efficiency through lower costs and faster turnaround times
Scottish Energy Minister, Fergus Ewing, is to urge subsea companies to exploit Brazilian opportunities at an inaugural “Maximising Our Future” business seminar being held in Aberdeen next week (October 9). With around 2.5 million recoverable barrels per day projected by 2015 and subsea Capex worth a
Delivering power from offshore renewable energy – wind, wave and tidal – in European sea basins will require more integrated and cross-border maritime spatial planning (MSP). This could be achieved through a new directive on MSP. Such a directive could require legislation in Member States without be
Danish marine technology company MacArtney has developed a wet-mate connector, which is a new way to connect and disconnect power. The wet-mate connector is a 1kV device that enables two power cables to be linked together underwater. According to Social.tidaltoday.com, the project was successfully d
New hydrokinetic energy technologies that generate electricity by harnessing the energy from ocean waves, tides, and river currents are advancing toward commercial development in the United States. They are not expected to add major power supplies anytime soon, but federal regulators this year appro
