Kraken Robotics Sees Strong Momentum Continuing
benefiting as demand grows for reasons noted above but also as technical capabilities improve and new classes of subsea vehicles emerge as force multipliers, such as the XLUUV.Commercial market activity is also strong, driven by the development and maintenance of offshore wind and offshore oil and gas infrastructure. “In these markets, we offer technology differentiating solutions for seabed and sub-seabed intelligence, that is needed in both the buildout phase as well as operations and maintenance phase of offshore energy. Momentum in this market is visible as numerous suppliers to this market post
Acteon Acquired by Private Equity Investors with New CEO in Charge
and its key segments.“Acteon’s products and services are key to the energy transition in constructing, maintaining and supporting offshore energy infrastructure. We are very pleased to acquire Acteon and its market-leading capability in managing offshore renewable, and offshore oil and gas infrastructure. Our ownership will bring stability to the business, and investment and expertise to grow and develop the company,” said Rob Willings, Partner at Buckthorn.Acteon provides specialist engineering, services and technology to companies who develop and own offshore energy infrastructure across
Tapping the Gas Bank in the Barents Sea
volumes from fields currently in operation and discoveries based on assumptions stipulated for the solutions that were studied.”Another observation from the study is that “increased exploration activity to prove more gas resources is important in order to strengthen the basis for new gas infrastructure in the Barents Sea.”Another point made is that “coordinated development of fields and associated infrastructure is important to maximise value creation.”“I now have a clear expectation that key companies in the Barents Sea are aware of their social responsibility. This
Subsea Infrastructure Power Looks at Renewables
projects with the NZTC. One is looking at sustainable subsea microgrids with Glasgow Caledonian University, aimed at supporting the U.K.’s Innovation and Targeted Oil & Gas (INTOG) program – a targeted leasing round that encourages the use of wind energy to power offshore oil and gas infrastructure. Combining offshore wind with gas turbines in a micro-grid creates control system logic challenges, says Slorach, which they’re trying to resolve.It’s also working with German utility RWE after winning the operator’s first international innovation competition in July this
Kraken Update Progress on Subsea Laser Scanner Service Activities
subsea data for offshore oil and gas and renewable energy customers across several countries including Brazil, Canada, Denmark, Estonia, Germany, Nigeria, Norway, and Poland. Applications included anode volumetric measurements for offshore wind farms, mooring chain inspection for offshore oil and gas infrastructure, and subsea metrology services. In 2022, SeaVision services have delivered over 100 3D models and metrology for offshore wind and oil & gas clients.Kraken is continuing the commercialization of a unique, non-contact SeaVision Mooring Chain Inspection Tool (MCIT). This tool can be used to
UK: ORE Catapult, NZTC Team Up to Help Power Oil & Gas Platforms with Floating Wind
opportunity to deploy floating offshore wind and low-carbon technologies to help ramp up for Scotwind and is essential to delivering the ambitious North Sea Transition Deal targets. The WINTOG program supports developers and the supply chain in delivering integrated projects to decarbonize oil and gas infrastructure and ensure continued delivery of today’s energy while building future energy systems.&rdquo
Safety Concerns: Norway Inspects Europipe II Subsea Gas Pipeline to Germany
at the Royal Norwegian Naval Academy."A major interruption of the flow of gas to Germany could cause political pressures changing the dynamics of the ongoing stand-off with Russia," Stroemmen said.An industry source told Reuters that Norway is inspecting critical oil and gas infrastructure, including pipelines, for possible explosives or sabotage attempts.Germany, Europe's largest economy, relied heavily on Russian gas supplies from Russia until supplies were cut after Russia's invasion of Ukraine. The 658km Europipe II has capacity of 71 million cubic metres (mcm)
Saipem Confirms Targets After Return to Core Profit
.Saipem shares, which have lost more than 80% of their value this year, gained 2% by 1130 GMT.First-half revenue jumped nearly 40% to 4.435 billion euros helped by a positive performance in offshore engineering & construction and drilling on the back of a global surge in demand for oil and gas infrastructure.Saipem expects to record adjusted EBITDA of more than 500 million euros this year.($1 = 0.9863 euros)(Reuters - Reporting by Francesca Landini, editing by Jason Neely and Keith Weir
AUV Boaty McBoatface Passes the Test, Returns to Plymouth
Long Range (ALRs) vehicles. The Plymouth deployment demonstrated new technologies that will be used to deliver planned future ground-breaking science expeditions, such as exploring under the sea ice in the Weddell Sea or monitoring the long-term environmental impacts of decommissioned oil and gas infrastructure.Photo courtesy NOCThe NOC has been leading the UK’s road to net zero oceanographic capability with the Marine Autonomous Robotic Systems (MARS) Development Group. Scientists and engineers at the NOC are using autonomous underwater vehicles to provide information and data to assess the
February 2024
