Energy Industry News

Kraken Adds Offshore Exec Sam Allen as Advisor

completed for a variety of customers (military, offshore energy, ocean science, etc.). We look forward to leveraging Sam’s experience and relationships to generate significant growth for our robotic services and data business.”“With more than 30 years of experience in the offshore energy industry, I have first-hand experience in the power of underwater robotics which to date has mainly consisted of using remotely operated vehicles for inspection and manipulation of subsea assets,” Allen said. “I expect the utilization of autonomous systems and robotics in the offshore energy

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Offshore Wind Could Bring In $1.7B to U.S. Treasury by 2022

wind power and $1.7 billion in U.S. Treasury revenue by 2022, according to a study released by the energy intelligence group Wood Mackenzie. Apart from the benefits to the Treasury, the offshore wind industry in the U.S. could create 80,000 jobs annually from 2025 to 2035.Commissioned by four energy industry groups, American Wind Energy Association (AWEA), National Ocean Industries Association (NOIA), New York Offshore Wind Alliance (NYOWA), and the Special Initiative on Offshore Wind (SIOW) at the University of Delaware, the study dives into the economic impact of offshore wind activities as a

Ship repair is the first market to be targeted by AMBPR, as it has significant potential with 90,000 ships of over 50m in length periodically repainted at 600 dry docks worldwide - Image for illustration only; Credit:  TawanSaklay - AdobeStock.

CGG's Sercel Buys Stake in Autonomous Robots Start-Up

within the next six months.Ship repair is the first market to be targeted by AMBPR, as it has significant potential with 90,000 ships of over 50m in length periodically repainted at 600 dry docks worldwide. The company's website also show there are ideas to deploy the technology in the offshore energy industry.Hull sanding and painting work is still a highly manual process, and its labor-intensiveness, the lack of sufficient manpower, and the environmental constraints involved have created the right conditions for a future shift to an automated solution.Emmanuelle Dubu, CEO of Sercel, said: &ldquo

Image Credit: Rovco

Rovco Opens Edinburgh Office

The UK-based provider of ROV services to the offshore energy industry has opened a new office and operational base in Edinburgh, Scotland to serve its current portfolio of offshore renewable and energy projects renewable and energy projects."Rovco aims to continue to support both the offshore wind and broader energy sector offering Hydrographic, Operations & Maintenance and Construction support services," the company said.The office will house its operational team, while there are also plans to find an East Coast Quayside location for deployment of Rovco's equipment and technology.

Image Credit: FTR

Fulkrum Acquires Oceaneering’s Third-party Inspection Division

Fulkrum Technical Resources (FTR), a provider of technical personnel specializing in QA/QC, inspection, and vendor surveillance services to the energy industry, has taken in Oceaneering’s third-party inspection division – including two key members of staff.Joining Fulkrum’s team in Aberdeen are industry veterans, Kelly McKimmie and Mike Christie. Kelly joins FTR with nearly 3 decades of experience as a Senior Inspection Coordinator and Mike Christie, a Senior Inspector, and Technical Advisor, joins under the same title bringing with him 35 years’ industry experience, Fulkrum

© Arild / Adobe Stock

Scotland Unveils $78 Mln Fund to Support Energy Sector

The Scottish government said on Friday it has set up a 62 million pound ($78 million) fund to help the energy industry recover from the impacts of the coronavirus crisis and the collapse in oil and gas prices.The energy transition fund will support businesses in the sector over the next five years and help to attract private sector investment, focusing on Scotland's north east.Projects under consideration for funding include an underwater hub in Aberdeen to help the subsea and underwater sector to grow, an energy transition zone business park, and hydrogen projects."It is vital we move

© Mike Mareen/AdobeStock

A New Role for Service Providers Amidst Energy Upheaval

In today’s energy industry, things are moving fast. The upheaval brought about by COVID-19 and exacerbated by the Russia-Saudi Arabia oil price war has been so profound that the International Energy Agency (IEA) has described the situation as “a once in a century event for energy demand”. This is supported by current IEA predictions which suggest a 6% drop in global energy demand in 2020 – seven times worse than the plunge in demand that followed the 2008 recession.Amid what the IEA has dubbed a “dismal” year for fossil fuels, the one bright spot is the performance

The XLe Spirit ROV is the first in a new generation of electric ROVs - Credit: FORUM

Forum Energy Technologies Pushes for Growth in Asia

Forum Energy Technologies, a provider of remotely operated vehicles for the offshore energy industry, is expanding its offering in Asia.The company has signed an agreement with Wuxi Haiying-Cal Tec Marine Technology Co., Ltd to represent Forum for the sale of the company’s remotely operated vehicles (ROVs) in China, including its recently launched XLe Spirit electric ROV.The vehicle, which recently completed a successful sea trial in Norway, is the first of a new generation of electric observation class ROVs. It is the smallest in the new range, and powerful enough perform subsea maintenance and

WFS, SES Team Up in Subsea Cable Protection Space

WFS Technologies (WFS) and Subsea Energy Solutions (SES) have joined forces in the space of condition monitored cable protection systems for the offshore energy industry.The collaboration will see WFS utilize its smart wireless Seatooth technologies, which provide real-time insight in extreme environments, with SES’s offshore cable and subsea umbilical, riser, and flowline protection systems.In a statement on Tuesday, the firm's said the aim was to help the offshore energy industry further extend asset life and boost productivity by reducing costs and increasing efficiencies.Philip A.R.

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