Austria News

Photo: JW Fishers

ROV Helps Recovery Dive Teams Locate Dumped Car

The Remotely Operated Vehicle Committee of the Marine Technology Society, “exactly who to credit with developing the first ROV will probably remain clouded, however, there are two who deserve credit. The PUV (Programmed Underwater Vehicle) was a torpedo developed by Luppis-Whitehead Automobile in Austria in 1864, however, the first tethered ROV, named POODLE, was developed by Dimitri Rebikoff in 1953.” In late 1960’s, the US Navy began developing robots to help locate and recover underwater ordinance. By the 1980’s, commercial companies began utilizing the technology to aid in

The bespoke drill rig being lowered over the side of the RRS James Cook. The rig is designed to push the curved steel pipe into the seabed sediment. Image: Copyright STEMM-CCS Project

Increased Confidence in CO2 Storage

that even small leaks can be sampled in harsh conditions. Image: Copyright STEMM-CCS ProjectThe Strategies for Environmental Monitoring of Marine Carbon Capture and Storage (STEMM-CCS) project is a European Union Horizon2020-funded research project. It brings together researchers from Germany, Norway, Austria and the UK, along with industry partner Shell, to develop the techniques and technology to detect traces of CO2 leaks if they occur in the marine environment, to observe how the gas behaves in sediments and the water column above, and predict how far leaks may spread and what impacts they might

Walter Munk, 2017 (Photo: Erik Jepsen/UC San Diego)

Walter Munk: 1917-2019

;Scripps oceanographer Walter Munk (right) and Scripps Director Harald Sverdrup at Munk's graduation, 1946. (Credit: UC San Diego/ Scripps Institution of Oceanography)Rebellion and romance played a role in Munk’s journey to a science career at Scripps. He was born on Oct. 19, 1917, in Vienna, Austria, to a cosmopolitan banking family. In 1932, when he was 14, his family sent him to New York for school with the expectation that his time in the financial capital would prepare him for his own career in banking. After spending a few years working at the firm of a family friend, Munk decided he had

Pipelay of the Nord Stream 2 Pipeline has started in Finland (Photo: Allseas)

US warns sanctions still an option against Nord Stream 2

want to put ourselves in that position."Gazprom is the sole shareholder in Nord Stream 2, shouldering half of the 9.5 billion euro ($10.7 billion) construction cost. Gazprom's Western partners are Germany's Uniper and Wintershall, Anglo-Dutch group Royal Dutch Shell, France's Engie and Austria's OMV.($1 = 0.8888 euros)(Reporting by Alastair Macdonald; Editing by Adrian Croft

© Nord Stream 2 / Thomas Eugster

Nord Stream 2 Gas Pipeline is 70% Financed so Far

55 billion cubic metres of gas a year, is owned by Gazprom, which is taking on half of the planned costs of 9.5 billion euros ($11 billion).The rest is divided between five European energy companies - Germany's Uniper and Wintershall, Anglo- Dutch group Royal Dutch Shell, France's Engie and Austria's OMV.($1 = 0.8679 euros)(Reporting by Vladimir Soldatkin; Editing by Susan Fenton

NORBIT Establishes Oceans Business Unit

markets enables us to offer technology, products, solutions and services across the entire ocean space domain,” says Per Jørgen Weisethaunet, chairman and group CEO of NORBIT.NORBIT is an international technology corporation headquartered in Trondheim, Norway, and has operations in Germany, Austria, Hungary, Sweden, Poland, Italy, Iceland, U.K., Brazil, Singapore and U.S.“The creation of NORBIT Oceans gives our customers access to a much more diversified ocean-related technology portfolio. Plus, our global marketing and distribution network allows us to support the same customers wherever

An ROV operates from the vessel Trio to explore the seabed close to Lubmin, Germany. (File photo: © Nord Stream 2 / Axel Schmidt)

Nord Stream 2 Dredging Starting Off German Coast

of 2018 or early next year.Denmark still has to rule whether the pipeline can be built near its coast, for which there is no concrete timing.Other routine permissioning processes are still under way in Sweden and Russia.Gazprom's Western partners are energy companies Uniper , Wintershall, Engie, Austria’s OMV and Anglo-Dutch group Shell.Poland's anti-monopoly office said last week it had launched proceedings against Gazprom and the five European firms financing Nord Stream 2 over a potential breach of anti-monopoly laws.Poland sees the Nord Stream 2 pipeline, which would double Russia'

Arctic drilling: the Polar Pioneer in Norway’s arctic waters (Photo: Harald Pettersen, Statoil)

Norway's Heavyweights & Entrepreneurs

fine at $60 oil, he says, as most four-slot subsea fields are near infrastructure: oil at $50 to $60 works fine for subsea tiebacks.   In the remoter Barents Sea, where costs are affected by environmental concerns, the Norwegian outifts of foreign-owned oil companies are also making their mark. Austria’s OMV is developing the Wisting project as part of its 33 license portfolio. “Hopefully we’ll grow even further,” says Norway boss, Lars Drag. He has his hands full with Wisting concept studies, in which a subsea tieback with manifold, water and injection and floating storage

Palfinger's potential acquisition of Harding will help it be less dependent on the whims of the offshore energy markets. (Photo: Palfinger Marine)

Maritime Consolidation: Palfinger Aims to Acquire Harding

As maritime markets continue to struggle, merger and acquisition activity should heat up. Today, Austria's Palfinger Group announced that it intends to acquire 100% of the shares in Herkules Harding Holding AS and thus, the globally operating Harding Group. The seller is the Norwegian private equity fund Herkules. Harding is a leading suppliers of lifesaving equipment and lifecycle services for maritime installations and ships. Through this acquisition, PALFINGER will add new products and an international service network to its marine business.  Subject to the positive outcome of the due diligence

GE Interested in German Offshore Wind, Eastern Europe

Electric, fresh from taking on the offshore wind business of rival Alstom, is positioning itself in Germany's expanding offshore wind sector and looking at eastern Europe.   "German offshore wind has become very important for us," Carlos Haertel, chief executive for GE Germany & Austria, told Reuters in an interview.   "Onshore wind in eastern Europe and the Balkan countries is currently interesting, especially in Poland and Romania," he said.   GE, the world's third-biggest wind turbine manufacturer by market share after Denmark's Vestas and China's Goldwind

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