Subsea 7 Confirms Executive Management Changes
Vice Presidents, effective from January 1, 2020.John Evans is now in place as Chief Executive Officer, succeeding Jean Cahuzac who retired at the end of 2019. Evans remains on the Board of the Company as a Non-Executive Director.Bringing to the role more than 30 years’ experience in the global offshore energy services industry, Evans was most recently Chief Operating Office for Subsea 7 from 2005 to 2019.Other changes to the executive management team include the addition of three new members who previously held senior roles within the company. Olivier Blaringhem has been appointed Executive Vice
Offshore Energy Outlook for 2020
The “new normal” is a phrase tossed around often in offshore energy circles today as those servicing and operating in the sector grapple with the harsh realities of the prolonged industry downturn. Operators, service companies and equipment suppliers have been forced to adjust to oil selling at prices well below the $100+ per barrel mark seen in years past. As of this writing, Brent oil was hovering around $62 per barrel, and analysts expect prices will remain in this range for some time into the future.On top of this, there’s another new reality for oil and gas companies to come to
Interview: David Ince, Event Director, Oi
requirements for better and more sustainable ways of working in the world’s oceans increases. There are different areas of focus in each region when it comes to use of technology however I think you could still say that tall of the events are driven by the Marine Science, Ocean Observation, Offshore Energy and Ocean Resource sectors, even if the proportions that attend at each event differs slightly. We are always looking to develop a unique audience for each event, for example at Oi Americas in San Diego, over 90% of the audience have never visited another Oi event before, a very important distinction
AUV Project Boosts Endurance, Navigation Capabilities
;s largest deployment of AUVs operating in swarms, were completed this month in Loch Ness, Scotland.“Sending autonomous and unmanned underwater vehicles (AUV/UUVs) out on missions that will last for weeks or even months, unaided by crewed ships is a shared vision held by the ocean science, offshore energy and defence sectors,” says Geraint West, Sonardyne’s Global Business Manager for Ocean Science. “But, current constraints on AUV or UUV operations, such as onboard battery capacity and navigational accuracy degradation over time, has meant that the role these vehicles have
MacArtney Supplies Time Saving Solution to MMT
MacArtney has recently supplied the latest in a series of seven customized NEXUS MK C ‘Super MUX’ multiplexers to MMT, providers of customized marine surveys for the offshore energy industry.Multiplexers, designed to simultaneously transmit data along a single channel of communication, provide operators with the opportunity to gather numerous types of data at once. The Swedish based, MMT working in close collaboration with Reach Subsea, ordered the customized NEXUS MK C connectivity solution (named the Super MUX by MMT) from MacArtney Underwater Technology earlier this year.MMT assists
New Floating Wind Center Launched
Opportunity North East is a partner in the Center and with its strong energy track record we can create a competitive global energy transition cluster in the North East of Scotland.“As a country, our vision should be to use our industrial and academic expertise to create an integrated net zero offshore energy sector built on partnership across the different parts of the energy mix.”Dr Paul Ellsmore, Program Manager for MEECE, said, “There is huge potential for floating wind off the coast of Wales, representing a major opportunity for the Welsh supply chain companies and the Welsh
Straightpoint Launches Subsea Link
company’s Trawlex shackle range, amongst others. The IP68 / NEMA 6P-rated Subsea Link also boasts components from SubConn, a specialist manufacturer of pluggable electrical connectors to the demanding underwater industry.SP staged a soft launch of the product at this month’s (October) Offshore Energy Exhibition and Conference (OEEC) in Amsterdam, where attendees noted its potential in subsea and submersible projects where accurate load monitoring is required. However, the advantages of a standard product where a fully engineered solution has been the only option to date will endear the concept
Higher Learning & SINTEF’s Existential Rise
have been availed by the likes of coatings giant Jotun for the award-winning antifouling and other surfacing products that meet numerous ISO standards tested for at SINTEF. Ice-resistant coatings are now being tested.But, it’s in oil and gas that SINTEF researchers cover the gamut of Norwegian offshore energy value-creation. With the potential rewards high, spin-offs from oil and gas research have been many and stem from research into drilling and well control; exploration and production; gas-process tech; increased oil recovery; plug and abandonment; refining; safety and the environment; subsea
ORCA Hub Readies Drones for Offshore Energy
A consortium of five universities, including Heriot-Watt University, working with 35 industrial and innovation partners, has unveiled the latest results from its research collaboration.The largest academic center in the world for research into robotics technology for offshore energy infrastructure, the ORCA Hub’s aim is to advance robotics and Artificial Intelligence technologies for the inspection, repair, maintenance and certification of offshore energy platforms and assets.Creating solutions to some of the most challenging, hard to reach and hazardous real-world problems in the energy sector
LLOG Orders 20k Trees for Shenandoah
a decade.”The Shenandoah discovery, located in Walker Ridge blocks 51, 52 and 53, approximately 200 miles south of New Orleans, is operated by LLOG and will be developed using a new floating production system. LLOG's partners in the project are Venari Offshore, Navitas Petroleum and Beacon Offshore Energy.LLOG said the partnership plans to drill multiple wells to develop the estimated 100 to 400 million barrels targeting previously discovered oil-bearing Upper and Lower Wilcox-reservoirs. The oil and rock qualities for the Shenandoah development are both best-in-class for the emerging Wilcox
