Technology News


How to Stop Skyscraper-sized Floating Wind Turbines from Drifting Away

May 23, 2023

Growing demand for cleaner energy sources means offshore wind farms are being built all over the world. More than 5,000 turbines must be installed each year until 2050 to limit global warming to 1.5℃.But in certain regions, like California,…

Plexus' POS-GRIP Tech Gets Vote of Confidence as SLB Extends Licensing Agreement

May 23, 2023

Oil and gas engineering services firm Plexus Holdings said Tuesday that oilfield services giant SLB had exercised its option to extend its non-exclusive licence agreement with Plexus for an additional six years effective from November 10, 2023…

Zelim's Swift System: The Rapid Solution for Man Overboard Situations in Harsh Offshore Conditions

May 22, 2023

A new rescue system is said to be able to dramatically increase the chances of pulling anyone who has fallen overboard from a ship safely out of the water in under a minute.At a three-day demonstration around Vattenfall’s Ramsgate offshore wind cluster…

Voyis Launches Discovery Vision Systems for ROVs

May 21, 2023

Voyis CEO Chris Gilson discusses his company’s recent introduction of the Discovery Vision System, a system which aims to revolutionize how ROVs see the underwater world. The Discovery camera is a single camera and lighting system that offers 4K low-latency video for piloting…

UK Minister Opens £3m DARE Centre for Offshore Renewable Energy Testing

May 18, 2023

Graham Stuart, the UK Minister for Energy Security and Net Zero, on Thursday opened the Digital, Autonomous, and Robotics Engineering (DARE) Centre at Offshore Renewable Energy (ORE) Catapult’s testing facility in Blyth.According to ORE Capatult…

ExxonMobil Considers Recycling Australian Infrastructure into Carbon Capture Hub

May 18, 2023

A major oil and gas project could convert and recycle infrastructure for carbon capture utilisation and storage (CCUS), the APPEA 2023 Conference & Exhibition in Australia was told on Thursday.ExxonMobil CCS Facilities Engineering Lead Alan…

TetraSpar Demonstrator Launches Floating Wind Innovation Challenge

May 17, 2023

The shareholders of the TetraSpar Demonstrator floating wind project, Shell, TEPCO Renewable Power, RWE and Stiesdal Offshore, have launched an innovation challenge to accelerate the technical advancement of floating offshore wind.To encourage…

Shell to Use New AI Technology in Deepwater Oil Exploration

May 17, 2023

Shell Plc will use AI-based technology from big-data analytics firm SparkCognition in its deep sea exploration and production to boost offshore oil output, the companies said on Wednesday. SparkCognition's AI algorithms will process and analyze…

Noise Mitigation: Bubble Curtain to Be Deployed During Construction of U.S. Largest Offshore Wind Project

May 15, 2023

U.S. offshore wind farm developer Vineyard Wind will deploy and test a secondary bubble curtain noise mitigation system during foundation installation at the Vineyard Wind offshore wind farm, the first commercial-scale wind farm installation project in the U…

Win Up to $1 Million: ADNOC Launches Global Competition to "Reshape Energy Landscape"

May 11, 2023

Abu Dhabi-based oil and gas giant ADNOC on Thursday launched a global competition to find innovations that will 'reshape the global energy landscape.'The Decarbonization Technology Challenge is being supported by Amazon Web Services (AWS), BP…

Innovative Seismic Monitoring Tech Developed for Danish North Sea CO2 Storage Project

May 09, 2023

Partners in Danish carbon capture and storage Project Greensand have developed technology for frequent seismic monitoring of CO2 stored in the Nini West field in the Danish North Sea.'Frequent seismic monitoring is essential for safe and permanent storage of CO2…

HAV Group Set to Acquire Undheim Systems, Adding DP Capabilities

May 09, 2023

Norway's HAV Group ASA has agreed to acquire Undheim Systems AS, a provider of dynamic positioning (DP) systems for vessels.'The planned technology acquisition is a strategic move that accelerates HAV Group's plans to offer digital functionality…

Addtech Acquires Feritech to Expand Geotechnical Subsea Services

May 05, 2023

Addtech Industrial Solutions has signed an agreement to acquire 90% of the shares outstanding in Feritech Global Ltd (”Feritech”).Feritech designs and manufactures bespoke technical solutions for the geotechnical subsea sector. The company operates…

AI-driven Tech Promises to Cut Offshore Well Drilling Times, Costs, and Boost Safety

May 04, 2023

Offshore drilling firm Transocean, on behalf of its clients Wintershall Dea and OMV, has contracted InteliWell to equip and utilize its proprietary InteliWell software on the semi-submersible drilling rig Transocean Norge.InteliWell is a joint…

Moving Shell Head Office Not a Priority, CEO Sawan Says

May 04, 2023

Relocating Shell's headquarters from London is not on Chief Executive Wael Sawan's priority list, he said on Thursday, as he focuses on narrowing the energy giant's share performance gap with U.S. rivals. Shares of Europe's top energy companies including Shell…

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