EU-Backed Project to Unlock Tidal and River Energy Potential
Strategy and the Critical Raw Materials Act, contributing to the goals of 1 GW of ocean energy capacity by 2030 and 40GW by 2050. Ocean energy holds the promise of creating 400,000 high-value jobs by 2050, revitalizing coastal communities with histories rooted in shipbuilding, fishing, and oil and gas industries.Project partners include, ORPC Ireland with RivGen technology, SeaQurrent, ÉireComposites Teo, Foras na Mara – Marine Institute, Bretagne Développement Innovation, Geemente Ameland, and others
Next Ocean Scoops Investment to Scale Up Vessel Motion Radar Tech
Next Ocean, a Dutch developer of Vessel Motion Radar systems for offshore wind and oil and gas industries, has secured seed investment from Arches Capital to drive its business expansion.This funding will accelerate Next Ocean’s growth, enabling the company to scale production, expand into new markets, and further develop its predictive radar technology.Over the past years, Next Ocean has delivered numerous Vessel Motion Radar systems to offshore wind and oil and gas companies.The technology provides real-time insights into wave-induced vessel motions, enabling operators to anticipate conditions
Bardex Launches Barmoor Quick Connector for Offshore Energy Industries
U.S.-based engineering company Bardex has introduced the Barmoor Quick Connector, a novel mooring connector for use in the offshore wind and oil and gas industries.The Barmoor Quick Connector is built without high precision machined parts and features a lightweight design, which according to Bardex, allows it to offer the most cost-effective solution on the marketBased upon the Bardex BarLatch Fairlead Chain Stopper, the first set of BarMoor Quick Connectors were installed in December 2023.The BarMoor Quick Connector have been designed to provide engineering proficiency and improved operational
DeepOcean Adds Converted Offshore Support Vessel to Its Fleet
Ocean services provider DeepOcean has agreed to charter a converted, battery-powered vessel to further enhance its subsea offering to the offshore renewables and oil and gas industries.DeepOcean has entered into a long-time charter agreement for the Island Condor – to be renamed Island Ocean multi-purpose support vessel (MPSV) – following conversion and upgrade.The vessel has been chartered from Norwegian shipowner Island Offshore., with the contract starting in the third quarter of 2024. It will be converted from a 2014-built vessel to a modern construction support vessel equipped
DeepOcean Charters Innovative Unmanned Surface Vessel for Subsea Inspection, Survey Work
Offshore and subsea services provider DeepOcean will charter a newbuild unmanned surface vessel (USV) for subsea inspection, maintenance, and repair (IMR) and survey work in the offshore renewables and oil and gas industries. DeepOcean is chartering the vessel from USV AS – a joint venture company established by Solstad Offshore, Østensjø and DeepOcean whose main purpose is to invest in and own USVs.“The USV can be a game-changer for subsea inspection and intervention work, offering substantial reductions in operating expenditure and emissions. We are delighted to add
Cellula Robotics Hires Manning as Corporate Development Officer
Canadian marine technology company Cellula Robotics Ltd. announced it has appointed Neil Manning as its new Corporate Development Officer.Manning joins the AUV systems and subsea fuel-cell power pioneer with more than 27 years in the submarine telecommunications and oil and gas industries. His primary focus has been on subsea technology and engineering solutions, where he has developed and managed business strategies based on technological advancements to solve industry challenges. Notably, he played a pivotal role in the growth of CDL, a subsea inertial sensor company, which was later acquired by
DeepOcean Deploys Its First Autonomous Drone for Inspection of Offshore Structures
of DeepOcean’s annual inspection campaign for an operator on the Norwegian continental shelf," DeepOcean said. Craig Cameron, Technology Manager at DeepOcean: "A rapidly growing amount of subsea infrastructure is placed on the seabed within both the offshore renewables and oil and gas industries. This equipment needs to be inspected regularly. We have developed the AID to increase efficiency and accuracy when collecting inspection data. It has the potential to substantially reduce the cost, time and environmental footprint that is normally associated with subsea inspection work."
AIS Buys CRP Subsea
UK-based AIS has acquired its compatriot CRP Subsea (ex-Trelleborg Offshore UK) to expand its subsea offering.CRP Subsea specializes in polymer and syntactic foam-based buoyancy and protection products for the offshore renewables and oil and gas industries."With solutions such as buoyancy, floats, and bend protection, [CRP Subsea's ] range will complement and expand AIS' current subsea offerings that include cable protection, distributed buoyancy modules, insulation solutions, and our range of AIS Bardot and Manuplas products," AIS said."The acquisition will significantly
Nord Stream Breaches a Stark Reminder of Undersea Infrastructure Vulnerabilities
of gas from active or abandoned industrial sites.While emissions from beef and rice production are the main culprits of fugitive emissions, oil and gas facilities also leak a significant amount of methane, as do activities such as fracking, coal mining and oil extraction. CSIRO estimates global oil and gas industries emit between 69 and 88 million tonnes of methane each year.Australia’s undersea infrastructure networkCritical undersea infrastructure plays a vital role in the global economy. For example, the fiber-optic cable network is the unseen lifeblood of globalization, consisting of around
February 2025
