Digitalization in the maritime industry continues to grow. Technology is constantly evolving, providing organizations with new ways to transform and manage their operations with adoption of technology creating first-mover advantage and future relevancy…
Norway's $1.4 trillion sovereign wealth fund, the world's largest, revealed stricter demands on Friday for how companies it invests in should handle climate risk, telling boards to move from target setting to transition planning.The fund, which…
A fishing vessel has been converted to operate as a Jones Act compliant crew transfer vessel (CTV) in the U.S. offshore wind industry.Hornblower Marine announced it converted the former fishing vessel Nice Day Too for New Bedford, Mass. based Coast Line Transfers…
Titanium and Ocean LandersTitanium is an ideal oceanographic material with high strength, low density, and excellent corrosion resistance. It is the fifth most abundant material in the Earth’s crust, with properties between aluminum and steel…
A Jones-Act-compliant offshore supply vessel (OSV) has been converted for use as a crew transfer vessel (CTV) in the growing U.S. offshore wind industry.Windea CTV, a joint venture between MidOcean Wind and the Hornblower Group, said the vessel…
Kongsberg Digital’s Brian Sidle identifies the top ten things to consider when choosing a provider for cloud-based digital twins in the energy sector.The energy sector’s heavy asset operators stand to benefit greatly from a cloud-based digital twin…
Energy technology company Baker Hughes announced it has been awarded a contract by Eni and its partner Petroci for the Baleine Phase 2 project in Ivory Coast, Africa’s first Scope 1 and 2 net-zero emissions development.This award, which includes eight deep water trees…
Top down or bottom up, new technologies are helping the industry boost their leak detection and repair (LDAR) strategiesAs the world approaches 1.5°C, the presumed threshold of dangerous warming, action to reduce methane releases is seen to be a way of buying time for achieving longer term CO2 cuts…
Twelve companies were awarded a total of 20 licenses to develop carbon dioxide (CO2) storage offshore, in Britain's first licensing round for such projects, the North Sea Transition Authority (NSTA) said on Thursday.Britain aims to use carbon capture and storage (CCS) technology…
Norwegian offshore seismic survey firm PGS said Thursday that its seismic vessel Ramform Atlas had started acquiring data on the 2023 Norwegian Sea GeoStreamer X survey. This project is a continuation of a multi-season campaign.'Over the summer season…
Energy services firm Kent has secured a pre–Front End Engineering Design (pre-FEED) study contract for the Morven offshore wind project in the UK. The project is owned by BP and EnBW.The 2.9 gigawatt (GW) project, awarded as part of the ScotWind leasing round…
Maritime satellite communications services firm Marlink is equipping Solstad Offshore vessels with Starlink connectivity integrated with the Sealink VSAT, L-band backup, and 4G services.'Solstad Offshore is the first offshore vessel operator…
Saudi Arabia's national oil company, Saudi Aramco, said Monday it was, in collaboration with international partners, establishing two offshore fabrication yards that aim to deliver a more than 200 percent increase in Saudi Arabia’s offshore fabrication capacity…
UK-based offshore equipment supplier Osbit announced it has delivered a new subsea trenching vehicle to Luxembourg offshore and marine services company Jan De Nul.The high-powered vehicle, named Swordfish, is a purpose-built cable burial tool…
French seismic data firm CGG said Monday that its Sensing & Monitoring division Sercel had completed the acquisition of ION Geophysical Corporation’s (“ION”) software business.ION's software business includes Orca: a navigation system dedicated to streamers…