Balmoral Comtec Names Lowdon Nonexecutive Director
;Bill Main, managing director at Balmoral Comtec, said, “We are delighted to welcome Alan to Balmoral. His experience in accelerating company’s commercial portfolio in the offshore wind market will make him a strong addition to the board.”“As we continue our journey in the renewable energy market, Alan's appointment perfectly aligns with our ambitious global targets.”Lowdon said, “I am excited to be joining the leadership team at Balmoral. I am looking forward to further enhancing of Balmoral’s reputation in the offshore wind market.&rdquo
JDR Cable Systems Hits Milestones in in Subsea Cable Facility Construction
operational, the CCV line will establish the site as the only facility in the UK capable of full start-to-finish manufacturing of high-voltage subsea cables.These cables are required for offshore wind farms and to enable the subsea energy infrastructure, which is essential for the growing global renewable energy market, JDR said.JDR said that a crucial application of the facility would be the production of high and extra-high voltage cables at 132kV and above. These will enable the operation of larger turbines offshore, allowing the connection of more power back to shore. With the facility foundation
UK Minister Opens £3m DARE Centre for Offshore Renewable Energy Testing
Blyth.According to ORE Capatult, the £3m DARE Centre is the first of its kind in the UK, and will provide "a unique opportunity for developers, researchers and wider industry to test, demonstrate and commercialize innovative digital and robotic products and services for the offshore renewable energy market.""As offshore wind in the UK gets ready to triple capacity over the next decade, the adoption of robotics and autonomous systems is vital to achieving this rapid expansion and reaching Net Zero. These technologies play an increasingly important role in the offshore renewable energy
UTEC Launches Cloud-based Platform for Subsea Asset Visualization
UTEC, a Geo-services brand in Acteon’s Data and Robotics division, has launched “iSite Subsea,” a cloud-based platform enabling 360° visualization of subsea assets and data. According to UTEC, the solution has been designed to meet the needs of the offshore renewable energy market and oil and gas subsea asset owners."Through iSite Subsea, users can source, view, manage, and report on seabed, survey, and asset data using a single secure cloud-based interface, enabling interrogation and comparison of data over time, remotely, 24/7, and without specialist software
Transocean's Drillship to be Used for Deep-Sea Mineral Exploration
;s subsidiary Global Sea Mineral Resources NV (“GSR”) in exchange for a non-controlling stake in the company. GSR is the deep-sea mineral exploratory company engaged in the development and exploration of deep-sea polymetallic nodules that contain metals critical to the growing renewable energy market, and is a developer of nodule collection technology.Transocean has agreed to contribute the stacked Ocean Rig Olympia drillship for GSR’s ongoing exploration work, as well as make a nominal cash investment. In addition, Transocean expects to contribute engineering services on an in-kind
UK: JDR Starts Construction of $148,M Subsea Cable Manufacturing Plant
Support Scheme.According to JDR, when complete, the facility will include a new catenary continuous vulcanisation (CCV) line, making it the only facility in the UK capable of full start-to-finish manufacturing of high voltage subsea cables for offshore wind farms to support the growing global renewable energy market.Tomasz Nowak, Chief Executive Officer at JDR said: “We’re delighted to be starting construction, it’s taken a lot of hard work from all stakeholders for spades to finally hit the ground today! It’s a significant moment for the North East too, as projects like ours
Kraken Robotics to Acquire PanGeo
will accelerate its vertical move into the provision of offshore survey and inspection services using Kraken technology as part of a robotics/data as a service business model. The PanGeo Transaction will also increase Kraken’s exposure to the non-defense market, including the offshore renewable energy market (PanGeo’s largest market) which will help to diversify its client base. Following closing of the PanGeo Transaction, Kraken will be able to offer a holistic solution of world-leading technologies and services in subsea acoustic and optical imaging using Kraken’s suite of ultra-high
Kraken Robotics Enters LOI to Acquire PanGeo Subsea
3D acoustic imaging solutions for the sub-seabed. This proposed acquisition would accelerate Kraken’s transformation to a Robotics/Data as a Service model by increasing recurring service revenue and providing increased exposure to the non-defense market, including the offshore renewable energy market. Following completion of the proposed acquisition, Kraken would offer a holistic solution of world-leading technologies and services in subsea acoustic and optical imaging: Kraken’s suite of ultra-high resolution seabed 3D acoustic imaging sensors, autonomous robotics, and optical
Motive Offshore Buys Flowline Specialists
concluded: “Motive’s acquisition of Flowline is an exciting development for both parties; allowing us to deliver on larger projects than ever before, driving unrivalled value to our global customer base and facilitating an ever-increasing focus on the requirements of the offshore renewable energy market.”Launched in 2010 by James Gregg and Dave Acton, Motive Offshore Group is headquartered in , with additional offices in Aberdeen, Houston, Norway and the Middle East.
February 2024
