Norwegian universities have a great habit of directing their students towards research that quite often results in a new technology – and new businesses. Elaine Maslin reports on a new business bringing micro-electronic mechanical systems to the subsea business…
Subsea processing market projections have consistently overestimated the growth of the market – DNV GL looked into why. Elaine Maslin reports. For the last 15 years a number of market outlooks…
After completing the world’s first wet gas compressor offshore Norway, OneSubsea looks to continue pushing the technology to new limits. The multiphase compressor station during installation. Photos from OneSubsea…
Longer step-outs, harsher environments, deeper waters all point to an increasing need for power on the seafloor. Statoil and its partners are working on solutions. Elaine Maslin reports. ABB’s power from shore vision…
The hype around buzzwords like big data and data analytics has created both believers and skeptics. Wary players in the offshore industry have adopted a wait-and-see approach, hoping clear business solutions will solidify. In dealing with disruptive technology…
Tracerco, an oil and gas service company part of Johnson Matthey, has brought its technology to the Australasia region, permanently basing their equipment at their Western Australia facility in Perth. OTC Spotlight on New Technology 2015 winner…
Expro secured a new framework agreement with Statoil in the Norwegian Continental Shelf (NCS). The agreement, for three years with options to extend for three, two-year periods will see Expro provide subsea services and well control systems…
MacGregor signed a contract to supply its Pusnes technology to the COSCO Shipyard Group in China. Upon the terms of the agreement, MacGregor will design, manufacture, deliver and commission complete Pusnes loading systems for two cargo transfer vessels (CTVs)…
ExxonMobil has released Mobil Serv Lubricant Analysis, a new mobile-enabled used oil analysis service, in the US and Canada. The service streamlines the used oil analysis process, from initial sample gathering to final reporting. Specifically…
Aker Solutions and Total agreed to collaborate on research and innovation to develop new cost-effective subsea field technology. The initial four-year technical collaboration agreement will build on earlier cooperation and bring both…
Halliburton has released the Dash 3in subsea safety system, a solution for electrohydraulic control of Halliburton’s subsea safety tree. Previously, control was provided through direct hydraulic pressure from the surface. This latest edition…
DONG Energy has signed and completed an agreement to divest 50% of the 258 MW UK offshore wind farm project, Burbo Bank Extension, to Danish pension provider PKA and KIRKBI, parent company of the LEGO Group. Each investor will obtain a 25% ownership interest in the project…
Parker Bestobell Marine has completed a contract to supply cryogenic globe and check valves made in Sheffield, for Hoegh LNG’s series of five floating storage regasification units (FSRUs) that are being built at Hyundai shipyard (HHI) in South Korea…
Maersk Training has launched an offshore crane operator program designed to grant crane operators and their companies access to offshore lifting operations worldwide. The training program targets crane operators at all levels and consists of three stages…
Fugro and technology partner Areté Associates have successfully delivered near real-time, synoptic, surface current data to characterize loop current and loop current eddy conditions in the US Gulf of Mexico during a period of intense current conditions…