Oil And Gas Industry News

Neil Gordon. Photo Credit GUH

Global Underwater Hub Forms Taskforce to Improve Subsea Cable Reliability and Performance

because of the size and growth of the domestic and international markets, existing UK capabilities, and track record of developing solutions to complex technical challenges, such as the deployment of the world’s largest fixed offshore wind farms, coupled with the expertise honed in the oil and gas industry over the last five decades.Mr Gordon said: “But, in addition to cable reliability, there are other major hurdles to be overcome, varying from supply chain constraints to cost escalation. “Unlike fixed offshore wind, floating offshore wind has few standards and no established supply

Source: Kongsberg Discovery

Kongsberg Discovery Acquires Naxys Technologies

company that specializes in technology for recognizing the sound of oil and gas leaks.Martin Wien Fjell, CEO of Kongsberg Discovery, points to the importance of the company's expertise in passive hydroacoustics as crucial to the transaction. Naxys provides environmental monitoring for the oil and gas industry, but is also well-positioned for growth in both the research and defence markets."Naxys Technologies ensures that oil and gas companies can be quickly notified of any leaks. This is becoming increasingly important now that the demands for sustainable operations are increasing globally

© peshkova / Adobe Stock

Smarter Than Us

as technology that enables computers and machines to simulate human learning, comprehension, problem solving, decision making, creativity and autonomy. IBM often puts it to use to advance asset management, operational efficiency and safety, and Carol Lee Anderson, IBM’s technology GM for the oil and gas industry, explains that the aim is never to take the human out of the loop, just to rid them of laborious and repetitive tasks and provide them with real-time decision support. The article highlights a range of applications developed using AI including SLB's Lumi data and AI platform which

Offshore floating wind farm that uses MECON Collector Hubs
Image courtesy Baker Hughes

Subsea Redesign Underway for Floating Offshore Wind

but there’s also an OPEX perspective. It means you only need to keep one cable size in stock.”High voltage AC wind power to assets.Image courtesy Baker HughesThis sort of standardization is crucial for the burgeoning floating wind market’s viability, says Birch. “Unlike the oil and gas industry, we cannot have bespoke systems in floating wind – the margins are too low for renewables. We need to have structured building blocks – connectors, collector hubs, turbines – that’s the only way to get economies of scale that can bring down the levelized cost of energy

Image Courtesy Genoa Design International

Ship Design & Construction: Laurie Balan, COO, Genoa Design

Canada. That's where we've seen a significant resurgence of ship design and shipbuilding over the last couple of decades. I graduated from Memorial University in Newfoundland & Labrador as a mechanical engineer, and I thought at the time I was going to spend my career in the offshore oil and gas industry because it was booming at the time. After a short stint overseas, I returned to the Atlantic provinces and was introduced to the working world of naval architecture and marine engineering. Over the next decade or so, I was engaged in design work, engineering changes for ships in operations

Aerial view from Signal Hill across Gibbet Hill with the Queen's Battery Barracks and the Narrows into St John's Harbor.
Copyright Ralf Broskvar/AdobeStock

Spaces & Places: Inside the ‘Crown Jewels’ of Newfoundland & Labrador

as safe as possible, [we have] a long history of research into ship safety and offshore structures.”The Centre for Cold Oceans Resource Engineering (C-CORE) is one of the OERC’s partners, originating as a university offshoot with extensive ice research history, particularly in the oil and gas industry. The National Research Council (NRC) of Canada also has facilities in St. John’s, allowing students and professors to utilize its technologies for research.  The Ocean Engineering Research Centre (OERC) tow tank. © Celia KonoweLately, OERC’s focus has been on the Artic

(Credit: Vallourec)

Vallourec Boosts Pipe Coating Offering with Latest Acquisition

French tubular solutions supplier Vallourec has entered into a definitive agreement to acquire Matt’s subsidiary Thermotite do Brasil, a specialized provider of thermal insulation pipe coating services for the offshore oil and gas industry.The acquisition price is $17.5 million, on a cash-free, debt-free basis, subject to customary price adjustments, including working capital.Thermotite’s facility is located within Vallourec’s existing coating services premises in Serra, Esperito Santo State in Brazil.The acquisition will support Vallourec’s strategy, reinforce its presence

© Arild / Adobe Stock

Preparing for Floating Wind – Leveraging the Oil & Gas Supply Chain

mooring lines, anchors and array cables are significant. The quantity is not the only challenge for the existing installation fleet of anchor handlers and subsea vessels, but also the physical size of the components. The size of the mooring components is also generally larger than that seen in the oil and gas industry. In fact, project planning is calling for mooring chain sizes that challenge and even exceed the capabilities of the world’s largest deepwater anchor handlers. Given that today’s fleet of large anchor handlers was not designed with floating wind in mind, it is not surprising that

Field test image of the Saipem FlatFish placed above the OD OBN harvesting data using optical communications (Credit: Sonardyne)

Oil and Gas Majors Start Next Phase of Pioneering OD OBN Project

The next phase of the On Demand Ocean Bottom Node (OD OBN) project, involving Sonardyne, Shell, Petrobras and SENAI CIMATEC, has started offshore Brazil, which could result in the development of next generation of geophysical monitoring systems in the offshore oil and gas industry.The project, which began in 2018, involves a collaboration between industry partners including Shell Brasil Petróleo, Petrobras and SENAI CIMATEC and is supported under the Research Development and Infrastructure funding clause of the Brazilian National Agency for Petroleum, Natural Gas and Biofuels (ANP).These highly

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