Oil And Gas Markets News

File image: OFG

Ocean Floor Geophysics Buys NCS Subsea and Its P-Cable System

was assisted in this transaction by PGS, OFG’s largest shareholder. “OFG is delighted to complete the acquisition of NCS and its P-Cable ultra-high-resolution 3D seismic technology. We have seen a significant market interest in P-Cable over the past few months in both traditional oil and gas markets for shallow imaging of reservoirs and geohazards, as well as in new energy markets, particularly for offshore wind surveys. We look forward to offering P-Cable products and services to existing and new customers.” says Matthew Kowalczyk, CEO of OFG. “This transaction further

(Photo: Global Offshore)

Fugro ROVs for Normand Clipper Vessel

two Fugro ROVs form an important part of our wider upgrade and mobilization plan for the Normand Clipper, ahead of some exciting projects for us in the coming months.”Global Offshore, a provider of cable installation, repair and trenching services to the offshore renewables, utilities, and oil and gas markets and part of the Global Marine Group, in February announced the long-term charter of the Normand Clipper from Solstad Offshore. The charter gives Global Offshore options for up to eight years

Image Credit: Royal IHC

SWORD Seafloor Rig Set for Sea Trials

Royal IHC, a Dutch marine equipment and vessel provider, has said that extensive tests have been completed on a new seabed geotechnical drill designed for offshore wind and oil and gas markets, and the rig will now go on seatrials before hitting the market.The seafloor rig, named SWORD (sonic wireline-operated remote drill), has, according to Royal IHC, has successfully completed an extensive testing program including harbor trials. The seafloor rig has been developed by TI Geosciences LTD, a start-up backed by Royal IHC."SWORD is now ready to be set-up onto its permanent vessel and start sea

Eric Legendre (Photo: Aqueos Corporation)

Aqueos Names Legendre VP

and West Africa."Aqueos Corporation, with offices in Texas, Louisiana and California, provides marine construction and specialty subsea services including a complete range of commercial diving, remotely operated vehicles (ROV’s) and vessel-related services primarily to the offshore oil and gas markets

Trelleborg Acquires Automated Dynamics

strengthen its positions in attractive market segments.    “The acquired company provides key capabilities in composites, bringing new competences to Trelleborg Sealing Solutions. We already see many opportunities for new products, applications and materials for the aerospace and oil and gas markets, and in the long-term also for other markets,” said Claus Barsøe, President of the Trelleborg Sealing Solutions business area. “The acquired company’s expertise in automation of the production of composite products is impressive and should be possible to leverage into

Sidus Seafloor Observer Camera System (Photo: SIDUS Solutions)

SoCal Tech Focus: SIDUS Solutions

San Diego-based SIDUS Solutions is a manufacturer and an integrated systems provider of robust video surveillance systems. SIDUS provides services and equipment for subsea, heavy commercial, industrial and oil and gas markets. SIDUS’ primary products are image transmission, storage and retrieval systems. These products allow for the capture, inspection, observation, storage and evaluation of the customers’ applications. The urgency and requirement for target customers to acquire high quality, intelligible images and to integrate these images within their operations is the basis for the

Jim Hanlon (Photo: Institute for Ocean Research Enterprise)

Atlantic Canada: Where the World’s Subsea Technology Grows

some unique tanks; they are really wonderful capital assets but they tend to get under-utilized.   When you look at the Ocean Business today, where – by region or market sector – do you see opportunity, and why? I think it’s food. (Considering that both the defense and oil and gas markets are already more mature in this sense, and perhaps not the best candidates for disruptive technologies). There are also huge opportunities in marine renewable energy; this is high velocity growth but it’s starting from nothing, so it’s not that big yet. But if you look at food

WFS Appoint IMEC as Agent in Malaysia

Asia. It operates across a range of engineering and design disciplines including subsea support and installation. The company has a wide array of contacts and the agreement will give WFS access to this important network and local supply chain.   WFS provides automation solutions to subsea oil and gas markets. Backed up by advanced Seatooth-enabled technology, WFS’s automation solutions measure parameters such as internal temperature, corrosion, flow, leaks and vibration in remote subsea pipelines. They deliver process and asset integrity information into the operators’ field control

(Image: Liquid Robotics)

MTR100: Liquid Robotics

Rizzi and Roger Hine, who invented the company’s signature product: the Wave Glider. Initially created to capture the singing of Humpback Whales and communicate the whale songs to shore, Wave Glider’s span of applications has grown to into the defense, maritime security, science, and oil and gas markets.   Designed and manufactured by Liquid Robotics, the Wave Glider is the world’s first wave and solar powered ocean robot, harvesting 100% of its operational power from renewable energies – without fuel, emissions or personnel. The Wave Glider is composed of the float and

The February 2024 edition of Marine Technology Reporter is focused on Oceanographic topics and technologies.
Read the Magazine Sponsored by

News of Note

Marine Technology Magazine Cover Mar 2024 -

Marine Technology Reporter is the world's largest audited subsea industry publication serving the offshore energy, subsea defense and scientific communities.

Subscribe
Marine Technology ENews subscription

Marine Technology ENews is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for MTR E-news