Markets: The Challenges of Developing Floating Wind at Scale
projects will feature subsea cables, and particularly the inter-array cables that connect the turbines, that are different in nature to bottom-fixed wind. New manufacturing capacity is required. Installation of these cables will also call on the subsea fleet, which is increasingly occupied in the oil and gas segment.Floating substations: Till now only one floating substation has been demonstrated. Although the concept should be familiar to developers of deepwater oil and gas projects, new concepts are required.Installation vessels: It is often said that floating wind projects require “small&rdquo
Trelleborg Sells Offshore Oil and Gas Business in England
develops and manufactures products ranging from subsea buoyancy modules, which are used for offshore installations, to bend stiffeners, cable protection and bend restrictors, used to secure, guide and protect subsea cables from excessive movement.The vast majority of its sales are to the offshore oil and gas segment."Through this divestment, Trelleborg is reducing its exposure to the offshore oil & gas segment to approximately 3% of its total net sales," Trelleborg said."We are delighted to announce this transaction. It is well known that offshore oil & gas has faced a challenging
SISTAC: Brazil´s Homegrown Subsea Service Provider
; assets, through security, quality, sustainability, ethics and high commitment from our employees, operations and businesses. Our vision is to be in five years the first choice of our customers in inspection, maintenance and repair solutions both for surface and subsea services in the oil and gas segment in Brazil, growing in a safe, sustainable and profitable way, where our employees will develop their potential in an environment conducive to the collaboration, teamwork and innovation,” said Gutterres. Sistac business units are composed of:Air diving: nondestructive testing –
NKT to Supply Cables for Johan Sverdrup 2
customer Equinor Energy AS. I see the letter of award as proof of our premium DC technology capabilities and of our ability to provide turnkey solutions with NKT Victoria as a differentiator. The letter of award for Johan Sverdrup 2 is further strengthening our leading market position in the oil and gas segment, which along with offshore wind and interconnectors represents good growth opportunities for NKT."Johan Sverdrup is among the five biggest oil fields on the Norwegian Continental Shelf.Earlier in 2018, NKT completed supply and installation of the high-voltage DC offshore power cable solution
FairfieldNodal Welcomes New Member to Its Board of Directors
. He has also held other key executive positions in the oil and gas industry, on the operator, service company and contractor sides of the business. He brings industry experience, strategic orientation, demonstrated business development track record and in-depth understanding of the offshore oil and gas segment as FairfieldNodal seeks to expand capabilities and capture new market opportunities.
ABB Acquires Dutch Oil, Gas Flow Measurement Firm
division. ”The Spirit IT portfolio adds the liquid measurement component to ABB’s industry leading gas measurement and automation product line. This combined offering will deliver comprehensive expertise and market strength to customers and provide new opportunities for growth in the oil and gas segment.” “ABB offers tremendous opportunity for Spirit IT’s flow computer technology to reach a wider range of applications in the global market,” said Harry Kok, President, Spirit IT. “In addition to helping Spirit IT broaden its product line to address new opportunitie
Market Improving for German Equipment Suppliers
sector anticipates pent-up demand in this area in 2014-15. Opportunities in new export markets The top three countries for shipbuilding are China, Korea and Japan. Brazil and Russia, which have become important shipbuilding countries in recent years, also expanding thanks to demand from the oil and gas segment, are currently showing no growth. A total of 3,375 oceangoing ships were ordered worldwide in 2013 (previous year: 1,977). Orders for 1,343 (651) vessels were placed in China, 557 (231) in Korea, 566 (361) in Japan, 30 in Brazil (66), 10 in Russia (11) and 207 (155) in the EU-28, including
Cavotec Oil Platform Drag Chain Order Sets Company Record
Cavotec has won its largest single order in the oil and gas segment in its history. The Group is to supply, install, test and commission stainless steel drag chains as part of an extensive upgrade of a Statoil oil platform in the North Sea. Cavotec’s customer for the project – the Gullfaks B Drilling Upgrade – is Aibel, a leading engineering, construction, upgrading and maintenance service provider in the oil, gas and renewable energy sector. Norwegian energy giant Statoil is the end customer. Under the terms of the contract, Cavotec will manufacture and install three
New Gavia AUV: Operational in Batam
side scan sonar modules, and double battery modules for extended endurance. The field operations site was remote from support infrastructure, showing one of the advantages of the low-logistics AUV concept of operations. PT Java Offshore is a survey company established in Indonesia to serve the oil and gas segment within South East Asia. In addition to its corporate headquarters in Jakarta, Indonesia the group also has offices in Kuala Lumpur and has undertaken several geophysical, geotechnical and construction support work for national and international oil companies. The Gavia AUV is manufactured
February 2024
