The Nippon Foundation signed a Memorandum of Understanding (MoU) with the offshore technology development consortium DeepStar to establish a joint research and development program focused on decarbonization in offshore oil and gas, with a focus on renewable energy and the environment.The initial program budget is up to $10 million through 2026, and the overall plan is to develop technologies for commercialization…
Global subsea energy leaders will convene in Bergen, Norway at the Underwater Technology Conference (UTC) in mid-June to meet, greet and exchange ideas on the crucial underwater technology topics. Stig Instanes, TechnipFMC and Rune Vesterkjær…
Australia's Harvest Technology Group Limited said it has developed a unique solution for an oil and gas exploration company, enabling access to real-time data from the sea floor.The system uses acoustic transfer technology to securely transmit…
Yinson GreenTech (YTG), a green tech investment branch of the Malaysian FPSO giant Yinson, has announced its strategic investment in a Norwegian startup specializing in autonomous solutions for the maritime industry called Zeabuz.'The investment…
Classification society ABS announced it has issued New Technology Qualification (NTQ) for non-flammable battery technology for use at sea.Called Blue G, the vanadium redox flow battery system from Gennal Engineering PTE LTD is now planned to move into prototype testing later this year…
The Abu Dhabi National Oil Company (ADNOC) said Thursday it had allocated $15 billion (AED55 billion) to advance an array of decarbonization projects across its diversified value chain by 2030. These projects will include investments in clean power…
Bureau Veritas delivered an Approval in Principle to COLD PAD, an industrial start-up, for its C-Claw technology, a heavy-duty fastener for steel structures that is non-intrusive (no hole and no hot work is required). It was designed as an alternative…
During the ADIPEC exhibition in Abu Dhabi, Dutch firm Fugro and UAE's AD Ports Group signed an agreement that sets out combined goals to utilize remote and autonomous technologies in the region. The agreement was signed by Captain Mohamed Juma Al Shamisi…
Offshore operations and well services provider Odfjell Technology has won a three-year contract with Petronas in Malaysia. The company will provide all required tools, chemicals, and services for the Petronas' wellbore cleanup operations in East Malaysia…
American Bureau of Shipping has granted its Approval in Principle (AIP) for the carbon dioxide injection platform developed by Hyundai Heavy Industries.The platform has been designed to store carbon dioxide that has been captured on land, liquefied at high pressure…
Saudi Arabia-based oilfield services company TAQA has agreed to acquire the UK-based well completion specialist Tendeka.Tendeka specializes in offering reservoir monitoring and control, advanced lower completions, and production optimization…
Japanese companies JERA, MODEC, Toyo Construction, and Furukawa Electric have received a notice of acceptance of their joint grant application, under the Green Innovation Fund program of NEDO, to conduct a project to develop cost-reducing technology…
Bureau Veritas (BV) has granted an Approval in Principle (AiP) to Hyundai Heavy Industries for its design and development of “Hi-Float”, a floating offshore wind turbine foundation. The offshore floating wind substructure “Hi-Float” is designed…
Well construction firm DeltaTek said Tuesday that Petronas had recently used its cementing technology offshore Mexico for the first time.This project, at a deepwater exploration well (BC-1) off the coast of Tampico in over 5000ft of water, marked…
Offshore wind turbine maker Siemens Gamesa Renewable Energy will license its 11 MW Direct Drive offshore technology to China's United Power. This entails supporting United Power to deploy the licensed offshore technology in the Chinese mainland’s territorial waters…
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