Technology News


Seabed-to-Shore Data Delivery Operation Completed for Norske Shell

Apr 23, 2020

Sonardyne International Ltd. and XOCEAN have completed a live seabed-to-shore data harvesting mission using an unmanned surface vessel (USV) for A/S Norske Shell, as part of a seabed monitoring campaign at the giant Ormen Lange field offshore Norway…

Challenges of Underwater Structure Monitoring for Offshore Operations

Apr 23, 2020

As the global energy industry enters a period of increased offshore deepwater exploration driven by economic viability, the demand for international underwater monitoring services looks set to strengthen into the new decade. According to a report from TechSci Research1…

Are O&G Digital Twins Useful? DNV GL Moves to Find Out

Apr 23, 2020

Offshore classification and technology advisory group DNV GL has set out to test and see if Digital Twin technology and data can be trusted and if they deliver value.The Norway-based firm has thus launched an international call to oil and gas…

TechnipFMC Cuts Executive Pay and Dividend

Apr 23, 2020

Oil services company TechnipFMC said on Wednesday it would slash the salaries of executives and retainers paid to company directors by 30%, after cutting its dividend by 75% in search of savings to cushion the impact of the novel coronavirus outbreak…

Baker Hughes Posts $10B Loss

Apr 22, 2020

Oilfield firm Baker Hughes Co reported a $10 billion loss and lower-than-expected revenue in the first quarter on Wednesday as an 80% plunge in oil prices crushed demand for services and equipment.Oil futures this week turned negative for the…

LOC Offering 3D Digital Inspections

Apr 21, 2020

LOC announced, as part of its digital services, the launch of a new technology offering enabling remote advanced surveying by use of aerial drones and remotely operated underwater vehicles (ROV), which will be applied to a range of assets both onshore and offshore…

Coastal Virginia Offshore Wind Turbine Components En Route to U.S.

Apr 21, 2020

Dominion Energy and Ørsted have said that the turbine components and monopiles for the Coastal Virginia Offshore Wind (CVOW) pilot project have started their journey to North America. The foundations, consisting of the turbines' monopiles, transition pieces and anode cages fabricated by EEW SPC…

Heerema Fabrication Group's Piling Template for Taiwan Offshore Wind Project

Apr 21, 2020

Dutch company Heerema Fabrication Group has won a contract to build pre-piling templates for the Greater Changhua offshore wind developments in Taiwan.A pre-piling template will be delivered to the company's compatriot Heerema Marine Contractors…

EC-OG Raises Funds for Subsea Battery System

Apr 20, 2020

Subsea clean energy company EC-OG has said it has received £1.6 million from an investment consortium led by Par Equity. The company plans to use the cash to commercialize its innovative Halo battery storage system designed for subsea applications…

Gasunie Joins Offshore Green Hydrogen Project

Apr 20, 2020

Energy infrastructure firm Gasunie has joined as a partner at the PosHYdon project - the first offshore green hydrogen pilot being worked on in the Dutch section of the North Sea.PosHYdon integrates three energy systems in the Dutch North Sea: offshore wind…

Depro, VideoRay Team Up for Offshore Inspections

Apr 16, 2020

Depro AS and VideoRay LLC announced a new partnership to develop and field lighter and less expensive equipment for underwater operations, primarily in the oil and gas sector.Depro AS is an engineering, procurement, construction (EPC) supplier…

Neodrill Expands CAN Team with UK Business Development Manager

Apr 16, 2020

Neodrill, Norway-based pre-rig well construction technology specialist, has appointed Geoff Proud as Business Development Manager for its Conductor Anchor Node (CAN) integrator solution in the UK. Proud, who has 30 years of experience in the oil and gas sector…

Aker Solutions, Cognite Win $2M Grant for Floating Wind Farm Tech

Apr 15, 2020

California Energy Commission has awarded Aker Solutions and Cognite a $2 million grant for a project called NextWind Real-Time Condition Monitoring.The project is focused on next-generation solutions in wind through digitalization and aims to…

Brazilian Offshore Drilling Firm Launches Start-Up Challenge

Apr 15, 2020

Brazilian offshore drilling services provider Ocyan has launched Ocyan Waves program, where start-ups can register and provide their solutions for Ocyan's internal challenges.Startups should seek innovative solutions to the challenges selected…

UK Offshore Equipment Firms Build Face Shields for Health Workers

Apr 15, 2020

UK-based subsea and offshore equipment manufacturers Subsea Innovation and Tekmar Energy, part of Tekmar Group, have joined forces to manufacture protective face shields for NHS workers in the North East of England.The protective face shields…

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