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A photo of a Hywind Scotland floating wind turbine
Subsea

Equinor funding shallow-water floating wind mooring project in U.S.

The U.S. National Offshore Wind Research and Development Consortium (NOWRDC) is funding a project developing a shallow-water floating offshore wind concept, with cost-share being provided by Equinor. The team behind the project includes the University of Massachusetts, Amherst (UMass) as the main co

about 5 years ago
Kraken Robotics expects 100% revenue growth in 2021
Subsea

Kraken Robotics expects 100% revenue growth in 2021

Canadian Kraken Robotics is expecting a revenue of $24 million to $28 million for the year ending on 31 December 2021, which would represent a more than 100% growth compared to $12.3 million in 2020. The growth is due to recent contract wins for KATFISH 180 towed sonars, as well as ALARS for the Dan

about 5 years ago
Sumitomo Electric wins cable contract for Gwynt y Môr offshore wind farm
Subsea

Sumitomo Electric wins cable contract for Gwynt y Môr offshore wind farm

Sumitomo Electric Industries has won a contract to supply new 132 kV offshore export cable for the Gwynt y Môr offshore wind project in the UK. The contract award comes a few months after Ofgem ruled in favor of Gwynt y Môr OFTO plc which had filed an Exceptional Event claim for the project’s export

about 5 years ago
Boskalis head office
Subsea

Half of Boskalis Q1 offshore energy orders came from wind sector

Boskalis has reported a 10 per cent increase in the order book of its Offshore Energy division in the first quarter of the year (compared to the end of 2020), with around 50 per cent of new orders coming from the offshore wind sector. The first quarter at the company’s Offshore Energy division proce

about 5 years ago
TGS books PXGEO vessels
Subsea

TGS books PXGEO vessels

PXGEO has entered into an agreement with TGS-NOPEC Geophysical Company (TGS) for the provision of its vessels for towed-streamer seismic acquisition services. TGS has committed to using PXGEO 2 or any other capable vessel which PXGEO introduces to its fleet for 12 months of marine seismic acquisitio

about 5 years ago
Westwood: Q2 2021 subsea tree demand forecast at 82 units
Subsea

Westwood: Q2 2021 subsea tree demand forecast at 82 units

Subsea tree order intake for the second quarter of 2021 is estimated at 82 units, representing 32 per cent of the anticipated 260 units to be awarded in 2021, according to market research provider Westwood. Key projects to watch in 2Q 2021 include Equinor’s Bacalhau and Total’s Lapa South West in Br

about 5 years ago
Swiss reveal first-ever wireless underwater drone
Subsea

Swiss reveal first-ever wireless underwater drone (Video)

The Switzerland-based Hydromea has unveiled the prototype of what is said to be the world’s first wireless underwater drone. EXRAY, unveiled in a pool demo, can fit into a backpack, can be remotely controlled, and sends HD video back in real-time without any physical connection to the pilot, Hydrome

about 5 years ago
TGS buys offshore wind consultancy
Subsea

TGS buys offshore wind consultancy

Norwegian seismic company TGS has acquired 4C Offshore, a marketing intelligence and consultancy firm dedicated to the offshore wind sector. The acquisition is TGS’ first after the launch of its New Energy Solutions business earlier this year, established to pursue opportunities related to the energ

about 5 years ago
Northern Lights carbon capture and storage project
Subsea

Spotlight on major projects in carbon capture realm

Carbon capture utilization and storage has gained momentum in the last couple of years as energy transition talks and plans intensified.

11 minutes read
Argeo orders second SeaRaptor AUV from Teledyne
Subsea

Argeo orders second SeaRaptor AUV from Teledyne

Norwegian marine survey contractor Argeo has ordered a second newbuild SeaRaptor 6000 autonomous underwater vehicle (AUV) from Teledyne Gavia. The delivery includes several ancillary system components, software and crew training and is planned to take place in early Q4 2021. The vehicle will be iden

about 5 years ago
Ashtead gets funds for unmanned digital twinning project
Subsea

Ashtead gets funds for unmanned digital twinning project

Welaptega, an Ashtead Technology company, has secured $500,000 to develop a product to enable the digital twinning of underwater infrastructure without the need for offshore personnel. In collaboration with Whitecap Scientific, SubC Imaging, and Nova Scotia Community College SEATAC division, the new

about 5 years ago
TGS and Horisont Energi cooperating on carbon capture and storage
Subsea

TGS and Horisont Energi cooperating on carbon capture and storage

TGS has signed a Memorandum of Understanding (MoU) with carbontech start-up Horisont Energi to jointly develop new carbon capture and storage (CCS) technologies. Under the MoU, the parties will collaborate to identify and develop methods for the identification and classification of CO2 storage reser

about 5 years ago
Shearwater secures more work for Petrobras offshore Brazil
Subsea

Shearwater secures more work for Petrobras offshore Brazil

Shearwater GeoServices has secured a contract by Petrobras to carry out 3D and 4D monitoring for towed streamer seismic acquisition in the Campos Basin offshore Brazil. The 3D and 4D programs will be conducted in a period of nine months by the SW Empress, over the Marlim, Albacora, and Voador fields

about 5 years ago
TGS kicks off Pelotas Basin phase 3 2D survey
Subsea

TGS kicks off Pelotas Basin phase 3 2D survey

TGS has commenced the 2D multi-client phase 3 survey in the Pelotas Basin offshore Brazil in the South Atlantic. The survey covers approximately 17,000 line kilometers and works as an extension of the existing TGS Pelotas 2D. According to TGS, this survey is designed to provide high quality 2D data

about 5 years ago
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