Oslo-listed company Multiconsult has been selected as an advisor to Aker BP for civil engineering, consultancy, and supervision services in the Yggdrasil power from shore project.The development plan for Yggdrasil offshore project was sanctioned by the Norwegian parliament on June 5…
Aker Solutions, SLB, and Subsea 7 have closed the previously proposed transaction to create a subsea joint venture.The new business, which will adopt the OneSubsea name, will drive innovation and efficiency in subsea production by helping customers unlock reserves and reduce cycle time…
Offshore wind developer Ørsted is deploying Rutter’s wave prediction technology on board selected crew transfer vessels (CTV) worldwide within its contracted fleet to improve the safe transfer of personnel to offshore wind turbines.Roots of the initiative stretch back to 2018…
Nauticus Robotics, a developer of ocean robots and artificial intelligence for autonomous services to the offshore industries, said Thursday it had entered into a senior secured term loan agreement with existing stakeholders, Transocean, ATW Partners…
Digitalization in the maritime industry continues to grow. Technology is constantly evolving, providing organizations with new ways to transform and manage their operations with adoption of technology creating first-mover advantage and future relevancy…
Petrobras awarded Radix a contract to develop projects for floating production, storage, and offloading vessels (FPSOs). The agreement will last 31 months, with services estimated at $11.5 million. The contract includes developing multidisciplinary…
An offshore hydrogen and ammonia production platform design from the Korea Research Institute of Ships & Ocean Engineering (KRISO) has received approval in principle (AIP) from ABS.Developed by KRISO, the unit is designed to produce green hydrogen using electricity generated by a wind farm…
Seabed survey and ocean research company Ocean Infinity has signed a contract with Equinor Wind US LLC, for one of the first-ever floating offshore wind farms on the US West Coast. Under the terms of this contract, Ocean Infinity will undertake…
Digital twin technology firm Akselos has signed a multi-year contract with FPSO-leasing firm Yinson Production, and the Brazilian oil firm Enauta to deploy Akselos' Digital Twin technology on the ABS-classed Atlanta FPSO in Brazil's Santos Basin…
Lighting solutions specialist Glamox has won a contract from the Chinese shipbuilder Yantai CIMC Raffles Offshore Limited to light Havfram Wind’s two new Wind Turbine Installation Vessels (WTIV). These new vessels will be capable of installing…
Seadronix, a company specializing in artificial intelligence (AI) solutions for the maritime industry, said Wednesday it had won a tender to install its AI situational awareness solution on a wind turbine installation vessel (WTIV). 'This will…
ROV-specialist Forum Energy Technologies (FET) has launched a new tooling rental offering for remotely operated vehicles (ROVs) in response to the changing demands of the subsea sector.'With increasing ROV asset investment across hydrocarbon and offshore renewable energy…
Nauticus Robotics, a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean economies has signed a memorandum of understanding with the Australian offshore support vessel firm MMA Offshore…
With a plethora of low-cost ROV manufacturers entering the market, VideoRay made the strategic decision to re-focus the company on selling fewer, but much higher value units. The strategy has paid off, and revenues have soared year-on-year since…
Singapore is planning to expand a pilot project that boosts the ocean's capacity to absorb carbon dioxide emissions, using one of several emerging technologies that supporters hope can play a decisive role in the global battle against climate change…
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