Global Gravity Names New CEO
Tubular systems developer Global Gravity has appointed Tom Rasmussen, an industry expert with over 25 years of experience in offshore and oil and gas operations, as its chief executive officer (CEO).Tom Rasmussen took over the CEO role at Global Gravity on January 1, 2025, previously serving as COO.The company developed patented TubeLock system for handling offshore pipes, casing, and tubing, significantly increasing revenue and expanding its global presence.Global Gravity has expanded into multiple markets in Europe, the Middle East, Australia, New Zealand, and Guyana, with plans to enter Brazil soon.
Trelleborg Divests Offshore Oil & Gas Operation in the US
The Swedish-headquartered Trelleborg Group announced it has sold its U.S. offshore oil and gas operations to an undisclosed buyer.Located in Toledo, Ohio, the operation develops and manufactures primarily ceramic macrospheres and buoyancy modules. “We are pleased that we have found a new owner that we know well and who wants to continue developing operations,” said Peter Nilsson, President and CEO of Trelleborg.The move comes after Trelleborg divested the majority of its U.S. offshore oil and gas operations in 2021.The divested operation, which is part of the Trelleborg Industrial
Waterotor Unveils 20MW 'Big Cajun' System Aimed at Decarbonizing Offshore Oil Operations
Hydrokinetic energy company Waterotor International Corp. on Tuesday unveiled its 20MW hybrid ocean energy-generating system aimed at decarbonizing offshore oil and gas operations.The megarotor system design called “The Big Cajun” was unveiled at the Floating Wind Solutions 2022 convention in Houston, Texas."The 20 Megawatt Big Cajun is the first that simultaneously extracts energy from slow-moving water and wind. This worldwide, patented technology utilizes unique rotor stacks in low water speed and conventional wind turbines to extract large amounts of power," the company said.
Fugro Nets 3-year IRM Deal with Petrobras
aboard the same vessel, Fugro said."During the previous contract, Fugro accomplished more than 20,000 hours of successful ROV operations for Petrobras, helping to unlock insights from Geo-data about the condition of existing assets and the surrounding environment for safe and efficient oil and gas operations," Fugro said.
Bourbon Offshore to Manage DRASSM Subsea Research Vessels
;With the arrival in its fleet in 2021 of the Alfred Merlin, a 46-meter vessel that will carry out overseas missions, the DRASSM wanted to strengthen its presence by relying on a reputed professional of specialized vessels management," Bourbon, which has fifty years of experience in offshore oil and gas operations, said."André Malraux and Alfred Merlin are special vessels that share the same specificities as those of Bourbon Offshore Surf (dynamic positioning, acoustics, subsea operations and lifting capacities). The company has a pool of skilled and experienced seafarers that will be essential
Wave Energy Device to Power Subsea Oil & Gas Equipment. Tests Start in July
2020, part-funded by OGTC, undertaken by the partners. The study established the environmental benefits of the design concept that will be used for the upcoming demonstration program.Describing the project, Cameron McNatt, Mocean Energy’s managing director said: "The decarbonization of oil and gas operations is essential for the energy transition. Our technology uses renewable energy from waves to deliver low carbon power for subsea equipment, including tiebacks and future fleets of autonomous underwater vehicles (AUV’s). In this program, we will demonstrate – in onshore conditions
Oil and Gas Industry Adopts VR
working onsite with heavy machinery, thus ensuring they are ready to deal with any unforeseen event.”GlobalData identifies Baker Hughes, BP, Chevron, ConocoPhillips, Equinor, ExxonMobil, Gazprom, Halliburton, Shell, Saudi Aramco and Sinopec as among the leading adopters of VR technology in oil and gas operations.The oil and gas industry faces a unique challenge as many of its facilities are in remote locations around the world. Inaccessible terrains and harsh weather conditions compel companies to incur significant costs to keep operations running in those facilities.VR has the potential to create
MTR100: Five "Ones to Watch"
on five companies and technologies that are worth the watch for the remainder of 2019 and beyond. For the full edition, see https://magazines.marinelink.com/nwm/MarineTechnology/201907/Blue Logic: Entering a new eraCompletely new modes of operation are entering the underwater domain for oil and gas operations and the tools that are being used could also be used across the ocean space.It’s been called a subsea space race – and it is a little like a Mars mission, with similar communications challenges and questions around power supplies. Various players are working to make it happen
New Research on Gulf of Mexico Loop Current
that aim to fill research gaps in order to help improve understanding and prediction of the Gulf of Mexico Loop Current System (LCS).As the Gulf of Mexico's dominant ocean circulation feature, the LCS has far-reaching implications for a wide range of human and natural systems, including oil and gas operations, yet knowledge about the underlying dynamics that control its behavior is limited.Following recommendations from a National Academies of Sciences, Engineering, and Medicine (NASEM) report released earlier this year, the National Academies’ Gulf Research Program (GRP) announced $10.3
February 2025
