Nexans High Voltage laboratory has carried out a 420 kV HVAC electrical type test with the use of g3 inside the termination, a gas said to have significantly reduced impact on the environment compared to the most commonly used SF6. According to Nexans, sulphur hexafluoride gas (SF6) has been extensi
The ITSASDRONE, an Autonomous Surface Vehicle (ASV) developed by Spanish research institute AZTI, has completed the first sea trials ahead of deployment at BiMEP to monitor Wello’s Penguin wave energy device.
Researchers at the University of Malta have kicked off research to assess how the significant amounts of CO2 available from carbon capture and storage (CCS) facilities may support offshore energy storage systems co-located within the same footprint of wind farms. The Investigating the thermal perfor
TGS has commenced an extensive 2D-cubed seismic reprocessing project off the east coast of India in support of the country’s license round schedule. The project includes over 250,000-line kilometers of existing 2D data across an area of over half a million square kilometers. This new dataset offers
U.S.-headquartered subsea equipment specialist Deep Down has received an order to deliver installation equipment and services in the Gulf of Mexico to an undisclosed client. The order is valued at more than $1.7 million and all activities are scheduled to be completed by the end of this year. Part o
Norway’s Reach Subsea has reported 2021 as the best financial year in company history. This is said to be driven by high vessel utilization and project execution, as well as the purchase of OCTIO. In its latest financial report, Reach Subsea stated it also had its best-ever fourth quarter which saw
U.S.-based marine energy company C-Power has announced the first closing of a Series B-2 round of investor funding that will enable the company to advance its business strategy.
Worley has secured £765,000 support from Scottish Enterprise for an enhanced subsea gas tieback project which is said to reduce operational CO2 emissions in gas fields by more than 90%. The funding will be used for full pre-production testing of Worley’s pseudo dry gas (PDG) liquid removal system wh
Mermaid Subsea Services has entered into a two-year charter-in contract for the DP2 diving support construction vessel (DSCV) Van Gogh. The vessel, already delivered to Mermaid Subsea Services, will be immediately deployed to support the company’s subsea projects. Van Gogh will undertake inspection,
Defense technology company Anduril Industries has acquired Boston-based subsea robotics designer and manufacturer Dive Technologies. Anduril said that this acquisition expands its suite of autonomous systems, extends its unmanned capabilities to the undersea domain, and significantly accelerates its
Norwegian seismic exploration company Shearwater GeoServices has signed a licensing contract with Brazil’s Petrobras for its Reveal geophysical software. Under the deal, Petrobras’ geophysical processing team will have access to a full range of geophysical processing tools, including time, depth, mu
Canada’s Ocean Supercluster is allocating around $3 million for a project to develop an uncrewed surface vessel (USV) based subsea inspection solution for offshore wind farms. With a total project value of nearly $6.7 million, the Autonomous Remote Offshore Wind Inspection, Navigation and Deployment
Following Saipem’s financial woes, Moody’s downgraded the company’s rating to B1 and placed all the ratings under review for downgrade.
Aker Solutions is acquiring Unitech Power Systems, a Norway-based electrical power systems consultant, as part of its growth strategy and with the aim of further accelerating its transformation. Aker Solutions states that the acquisition is an important step towards the company creating an engineeri
