Technology News

 

Sapura Energy Nets $720M from Multiple Drilling Services Contracts

Feb 26, 2025

Malaysia-based offshore services firm Sapura Energy, through its drilling arm Sapura Drilling, has secured multiple contracts for drilling-related services with oil and gas companies, worth over $720 million.Sapura Drilling won two contracts from PTTEP Energy Development Limited (PTTEP) for the provision of its tender assist drilling rigs, Sapura T-17 and Sapura T-18.Both projects will start in the second quarter of fiscal year 2026…

ORE Catapult Picks RENK for Offshore Wind Facility’s Drive Train Test Rig

Feb 28, 2025

The Offshore Renewable Energy (ORE) Catapult has appointed RENK Test System to design, manufacture and install a new drive train test rig at the National Renewable Energy Centre in Blyth, United Kingdom.Following confirmation in 2024 of a dedicated capital funding grant from UKRI…

ABS Approves FEED for New Floating Wind Design

Feb 27, 2025

ABS approved the Front-End Engineering Design (FEED) documents for a deep water floating offshore wind platform design from ECO TLP, Inc. and MOCEAN-Offshore BV.The design supports the largest wind turbines on the market and utilizes slip-formed…

MODEC and Samsung Team Up to Install Carbon Capture Tech on FPSO

Feb 27, 2025

MODEC has entered into a Front End Engineering and Design (FEED) contract with Samsung E&A for the installation of carbon capture technology on a floating, production, storage and offloading (FPSO) vessel.The offshore carbon capture project…

TDI-Brooks Completes Trinidad Geotechnical Project

Feb 26, 2025

TDI-Brooks reportst that it 'effectively and safely' carried out a third-party geotechnical coring project for Geohidra. This operation was conducted from the DRAGON Field to the HIBISCUS platform off the coast of Venezuela and Trinidad aboard the DONA JOSE II (DJII)…

Aker BP Employs DrillDocs’ AI-Enabled Solution to Enhance Wellbore Stability

Feb 26, 2025

Digital shale shaker surveillance technology DrillDocs, working with Aker BP, has employed its AI-enabled computer vision technology to automatically detect cavings on the Norwegian continental shelf (NCS) for the first time.DrillDocs’ CleanSight…

KOTUG Completes SPM Buoy Upgrade for Azule Energy

Feb 24, 2025

KOTUG completed the replacement of the bogie wheel and rail system on Azule Energy's Single Point Mooring (SPM) CALM buoy in Angola's Block 18. This buoy, one of the largest of its kind in the world, was installed in 2007 at approximately 1…

Huisman Unveils Performance Insights: A Data-Driven Solution for Enhanced Predictability

Feb 20, 2025

Huisman announces the launch of its latest innovation in data-driven solutions, Performance Insights. This application empowers Huisman equipment owners to optimize operations, enhance efficiency, and ensure the longevity of their equipment through comprehensive usage monitoring…

CorPower Gets Funding for Wave Energy Scale-Up

Feb 17, 2025

CorPower Ocean was selected as a winner of the European Innovation Council (EIC) Accelerator program and has been awarded €2.5 million in grant and a pre-commitment of €15 million in equity investment, totaling €17.5 million, to accelerate the commercialization of its wave energy tech…

Belgian Energy Island Faces Three-Year Delay as Elia Postpones HVDC Contracts

Feb 17, 2025

Belgium's transmission operator (TSO) Elia has temporarily postponed the signing of high-voltage direct current (HVDC) contracts for ‘the world’s first’ artificial energy island, due to the price increase for HVDC infrastructure, causing a three…

SBM Offshore, Petrobras to Assess Application of Carbon Capture Tech on FPSOs

Feb 17, 2025

SBM Offshore and Petrobras have signed an agreement to study the application of carbon capture modules on floating production, storage, and offloading (FPSO) units.The module design is based on an engineering and design study between SBM Offshore and Mitsubishi Heavy Industries (MHI)…

In 2025 AI Won’t Just be a Tool

Feb 13, 2025

Some expert thoughts on AI in 2025:“In 2025, AI won’t just be a tool; it will be a collaborator.”“In 2025, the most productive employees will work alongside AI agents.”AI agents are an advance on large language models (LLMs). LLMs at present…

Japan’s First Megawatt-Scale Tidal Energy Turbine Hits Water

Feb 13, 2025

Proteus Marine Renewables has deployed the AR1100 tidal turbine in Japan, which became the country's first ever megawatt-scale grid connected tidal energy system.Installed in the Naru Strait, the turbine will generate 1.1 MW of clean energy…

Novielli Boats Outlines Plans for New Production Site

Feb 06, 2025

Novielli Boats continues to command significant attention in the global RIB boat (Rigid Inflatable Boat) sector, with an ever-increasing market share driven by a combination of refined design and robust engineering. Through steady growth, the…

Baker Hughes Launches All-Electric Subsea Production System

Feb 06, 2025

Energy technology company Baker Hughes has launched its new all-electric subsea production system, the industry’s first fully electric topside-to-downhole solution for offshore operations.The modular system allows for existing tree designs to be seamlessly updated for electric operations…

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