Teledyne has invested additional capital and increased its ownership interest in Ocean Aero to approximately 37 percent. Based in San Diego, California, Ocean Aero is designing unmanned surface vehicles that will also have the ability to descend subsea. Terms of the transaction were not disclosed. U
According to a new report from Navigant Research, the global submarine electricity transmission market is expected to grow from $16.8 billion in 2015 to $24.8 billion in 2024. Today, submarine electricity transmission systems are being used more frequently for long and short hauls in undersea, lake,
Scour Prevention Systems (SPSL) has successfully delivered its first commercial project in the offshore oil and gas industry, providing an innovative scour solution to pipeline and cable crossings in the North Sea. Lowestoft-based SPSL has developed an innovative and patented solution, using a matri
Seatricity Ltd, a Cornwall-based wave energy company, will spend the week of 13th-18th July tank-testing its Oceanus 2 device in the Beaufort Wave basin at the Hydraulics and Marine Research Centre of the University College Cork, Ireland. Aims of the trial will include analysis of further optimisati
Seatricity Ltd, a Cornwall-based wave energy company, will spend the week of 13th-18th July tank-testing its Oceanus 2 device in the Beaufort Wave basin at the Hydraulics and Marine Research Centre of the University College Cork, Ireland. Aims of the trial will include analysis of further optimisati
Seatricity Ltd, a Cornwall-based wave energy company, will spend the week of 13th-18th July tank-testing its Oceanus 2 device in the Beaufort Wave basin at the Hydraulics and Marine Research Centre of the University College Cork, Ireland. Aims of the trial will include analysis of further optimisati
Stonehenge Metals Limited has entered into a Memorandum of Understanding (MOU) with the California Polytechnic University at San Luis Obispo (Cal Poly) to support joint applications for two major funding opportunities with a combined total value pool of US$3.75m being offered by the U.S. Department
Endeavor Management has released a proposal for a Joint Industry Project (JIP) to support the industry’s need for global best practice development in subsea decommissioning. The genesis of this JIP is the work completed for Petrobras by Endeavor Management to research global best practices for subse
Stonehenge Metals Limited has entered into a Memorandum of Understanding (MOU) with the California Polytechnic University at San Luis Obispo (Cal Poly) to support joint applications for two major funding opportunities with a combined total value pool of US$3.75m being offered by the U.S. Department
InterOil Corporation and the PRL 15 joint venture participants have unanimously endorsed recommendations from Total SA for key project infrastructure sites for development of the Elk-Antelope gas field in Papua New Guinea. The central processing facility for the Elk-Antelope gas field, on which the
The International Cable Protection Committee (ICPC) has responded to a rediscovered YouTube video of a shark biting a subsea cable which caused a media storm back in August 2014. According to some commentators, the video signified that worldwide telecommunications were under attack by sharks because
Brazilian Telebras SA and Spanish IslaLink signed on Tuesday (June 30) an agreement for the construction of submarine cable linking the South American continent with Europe. The joint venture will consist of Telebras with 35% interest, IslaLink with 45% and a third Brazilian holder to be determined
The results from the world’s first experiment into the realistic simulation of the potential environmental impact of a submarine CO2 leakage, which featured several studies by scientists from the National Oceanography Centre (NOC) and University of Southampton, have been published in a special issue
For more than a century, B.C.’s economy has been rooted in natural resources. Today, B.C. is Canada’s second-largest natural gas producing province. Shell, KOGAS, Mitsubishi and PetroChina are working together to design, build and operate the proposed LNG Canada project. The LNG Canada facility will
