Oilfield firm Baker Hughes Co beat first-quarter profit estimates on Wednesday, as stronger oil prices have supported demand for its equipment and services. Global oil futures are currently trading around $83.12 a barrel, down about 22% from…
Wave power technology firm Eco Wave Power Global said Tuesday it would launch a U.S. subsidiary under the name Eco Wave Power U.S. The company also plans to establish a corporate office in New York City.'Eco Wave Power’s decision reflects its…
Subsea optical inspection technologies developer Voyis Imaging Inc. has launched a new product line called Discovery Vision Systems that it says will advance ROV vision systems, and deliver a new level of situational awareness to ROV operations…
The importance of carbon capture utilisation and storage (CCUS) to reaching net zero has been highlighted in a new Australian Government report calling for more support for the technology.The policy insights paper, “Reduce, remove and store…
Ampelmann, a Dutch-based firm providing offshore access solutions, will soon be deploying a second gangway to support the construction of the Hywind Tampen floating wind farm in Norway.The first gangway, an E1000 system, was fitted to OSCV Siem Barracuda in early December…
Underwater acoustic technology provider Sonardyne has launched its new Origin Acoustic Doppler Current Profilers (ADCPs). The new ADCPs are designed to be simple to operate with class-leading data results, integrated communications, and positioning…
U.S.-based Ocean Power Technologies (OPT) announced the first ocean test of its next-generation increased power wave energy converter buoy, the Mass-On-Spring-Wave-Energy-Converter (MOSWEC) prototype. OPT has reported the operational sized buoy…
Subsea autonomous robot maker Nauticus Robotics on Thursday announced the start of commissioning exercises for the first of three second-generation Aquanauts, dubbed the ‘Mark 2’ (MK2).Nauticus, which builds autonomous robots using artificial…
Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain.There has been much focus on the emerging floating wind market of late.The U.K. is forging ahead with commercial scale…
Fraser Moonie was appointed as Chief Operating Officer of Rovco.Based in Aberdeen, Scotland, he will use his 25 years plus industry experience in subsea sector service companies to implement the company’s growth strategy. A former chief executive of Decom North Sea…
Fugro's Blue Essence-series uncrewed surface vessel (USV), the Fugro Pegasus, has received full navigation licensing from the UAE Ministry of Energy and Infrastructure, the Dutch offshore survey firm said Thursday.This is the first registration of an over-the-horizon USV in the country…
A 250kg wave buoy associated with the metocean survey at the West of Orkney Wind Farm site in Scotland has broken free of its mooring, according to a notice to mariners issued Wednesday by Xodus Group, on behalf of the wind farm developer Offshore Wind Power Limited (OWPL) said…
Norwegian offshore vessel owner REM Offshore has selected Vard Electro and its SeaQ solutions to upgrade battery technology onboard one of the company's platform supply vessels.Vard Electro will deliver a complete SeaQ Energy Storage System…
Malaysian national oil firm Petronas has awarded a contract to 3t Energy Group's Drilling Systems to provide its ‘Drill the Well on Simulator’ (DWOS) solution to support Petronas' training and development program over a three-year period.'The…
Oil and gas firm Neptune Energy will create new “digital twins” of two offshore platforms in the Dutch North Sea, expanding its portfolio of digitized assets to 14. The twins enable engineers to carry out traditional offshore work from an onshore location…
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