Offshore Energy News

 

Saab Seaeye Cougar tapped for work in Japan's Offshore Renewable Sector

Mar 03, 2022

Japan’s growing offshore wind industry is gaining a Saab Seaeye Cougar XTi underwater robotic vehicle for cable burial inspection and other roles. Kaiyo Engineering has acquired the 2000m rated Cougar for deployment from a 250-ton mother ship…

Waterotor Unveils 20MW 'Big Cajun' System Aimed at Decarbonizing Offshore Oil Operations

Mar 02, 2022

Hydrokinetic energy company Waterotor International Corp. on Tuesday unveiled its 20MW hybrid ocean energy-generating system aimed at decarbonizing offshore oil and gas operations.The megarotor system design called “The Big Cajun” was unveiled…

"CTO in Focus" - Gareth Davies, Baker Hughes

Mar 01, 2022

New for 2022 is Offshore Engineer's 'CTO in Focus' which aims to gain insights from the C-Suite and the R&D lab of industry majors on the trends driving offshore energy production. Leading off is Gareth Davies, executive director of strategy…

Putting Power on the Seafloor is a Fuel Cell Future

Mar 01, 2022

Two outfits, one in Germany and one in the US, are chasing a goal of supplying long-term subsea power in remote locations, via fuel cells, to users including oceanographic observatories to underwater vehicles. Elaine Maslin takes a look.Long…

Offshore Energy: Are Decommissioning Costs set to Spiral?

Mar 01, 2022

As offshore market activity recovers and continues to increase through the next decade, as we expect it to, oilfield service (OFS) capacity is expected to tighten.As offshore market activity recovers and continues to increase through the next decade…

Six Developers Emerge as Winners in Historic $4.4B NY Bight Offshore Wind Lease Sale

Feb 26, 2022

The Bureau of Ocean Energy Management's (BOEM) New York Bight auction concluded February 26, 2022, a sale where six bidders committed to payments of close to $4.4B in total for the right to develop wind lease areas offshore New York and New Jersey…

UK: Eleven Firms Win Offshore Wind Growth Partnership Grants

Feb 25, 2022

The UK-based Offshore Wind Growth Partnership (OWGP) on Friday announced the winners of its first Innovation Grant Funding Competition in which eleven UK firms secured a share of OWGP's £3m Innovation Grant funding pot.Launched in September 2021…

Organizers, Participants Hail Subsea Expo 2022 as 'Major Success'

Feb 24, 2022

Subsea Expo 2022, a subsea industry event held in Aberdeen this week, has been, according to the organizers, hailed a major success after more than 4,000 visitors attended and exhibitors reported doing “real” business with strong interest in their products and services…

Subsea 7, FLASC Get BEIS Grant for PowerBundle Offshore Energy Storage System

Feb 24, 2022

Offshore installation giant Subsea 7 and its technology partner FLASC have won  £471,760 (~$631,854) grant from the UK government Department for Business, Energy and Industrial Strategy (BEIS) to further develop an innovative offshore energy storage system…

UK’s Subsea Industry Can Create 180,000 New Jobs by 2035, Global Underwater Hub Says

Feb 23, 2022

The UK’s underwater industry, currently valued at £8 billion with a third of the global market share, has the potential to grow to £45 billion by 2035, creating an estimated 180,000 new jobs and around £20billion or more in exports for the UK…

3D at Depth Gets Patent for Subsea Structure Monitoring

Feb 23, 2022

3D at Depth, a subsea LiDAR laser technology company said Tuesday it had received a new patent 11.249.193, 'Systems and Methods for Monitoring Underwater Structures,' from the U.S Patent and Trademark Office. The patent's claims focus predominantly…

Subsea Expo Focuses on $3 Trillion Opportunity

Feb 22, 2022

One of the first major UK industry events since the start of the Coronavirus pandemic heard Tuesday morning how, after a period of Covid-induced hibernation, the UK’s subsea sector is emerging into a new world of opportunity.Speaking at Subsea Expo in Aberdeen…

DNV Grants AiP for Odfjell Oceanwind's Floating Wind Foundation Designed for up to 15MW Turbines

Feb 22, 2022

Classification society and assurance provider DNV has awarded Odfjell Oceanwind an Approval in Principle (AiP) for its new Deepsea Semi floating wind foundation design. The Deepsea Semi floating wind foundation design has been developed for…

Interview: Inside Cadeler X-Class WTIVs with CEO Mikkel Gleerup

Feb 18, 2022

Cadeler CEO Mikkel Gleerup shares insights on the path ahead for his company in the fast-growing offshore wind sector, with details on Cadeler’s new X-Class Wind Turbine Installation Vessels.The last two years were big year for your company…

Reach Subsea to Buy iSURVEY

Feb 18, 2022

Reach Subsea, a subsea services company, said Thursday it had agreed to buy the offshore survey services firm iSurvey in a transaction valued NOK 135 million ($15,1 million). Separately, it was announced that Wilhelmsen had acquired a 21% stake in Reach Subsea…

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