Oceaneering and GDi Team Up for Oil and Gas Digital Asset Management
Oceaneering International has signed a strategic collaboration agreement with Global Design Innovation (GDi) to deliver digital asset management solutions for asset-intensive industries such as oil and gas, utilities, and power generation. The agreement Oceaneering signed through its Integrity Management and Digital Solutions group will allow the company to provide digital solutions, including a technology-focused approach to remote support, inspection, and digital asset management services.As part of the collaboration agreement, Oceaneering will utilize GDi’s Vision software solution for
US and Denmark Team Up for $4.2M Floating Wind Innovation Call
have announced an intention to release a $4.2 million funding opportunity to advance floating offshore wind energy systems.The announcement builds on a memorandum of understanding (MoU) between DOE, the Denmark Ministry of Higher Education and Science, the Denmark Ministry of Climate, Energy and Utilities, and Innovation Fund Denmark signed in 2021.The proposed funding opportunity will focus on research to improve mooring technologies and methods, which are used to secure floating platforms to the sea floor.As a joint funding call between the United States and Denmark, the initiative is set to advance
BP Launches Its ‘Largest-Ever’ Seismic Program at Azerbaijan Oil Field
and restated to be effective until the end of 2049. The new contract aimed to maximize the economic benefits of ACG for Azerbaijan and shareholders over the next 31 years.ACG currently has nine offshore platforms – seven production platforms and two process, gas compression, water injection and utilities platforms. The platforms export oil and gas to the Sangachal terminal, one of the world’s largest oil and gas terminals, onshore near Baku
NTSB Recommends Pipeline Operators Implement Safety Management Systems
the Coast Guard develop and implement audible and visual alarms for Vessel Traffic Services, or VTS, watchstanders when an anchored vessel is encroaching on a pipeline, and to develop procedures for VTS to notify pipeline and utility operators following potential incursions on submerged pipelines and utilities. VTS provides active monitoring and navigation advice for vessels in confined and busy waterways.“Anchorages need to be designed to account for the size of vessels using them and the time it takes for these ships’ crews to react when anchor dragging occurs,” NTSB Chair Jennifer
US Marine Economy Worth $432 Billion in 2021
2.5% decline from 2020).• Transportation and warehousing ($57 billion, with a 16.8% growth from 2020).• Living resources, including fisheries and aquaculture ($31 billion, with a 13.5% growth from 2020).• Ship and boat building ($20 billion, with a 15.2% growth from 2020).• Coastal utilities ($13 billion, with a 9.5% decline from 2020).• Research and education ($10 billion, with an 8.2% decline from 2020).• Professional and technical services ($7 billion, with a 4.0% growth from 2020).• Marine construction ($6 billion, with a 14.9% decline from 2020).“These statistics
Vietnam, Sembcorp in Subsea Power Cable, Offshore Wind Collab
;s Sembcorp to build a submarine power transmission line between the two countries, the Vietnamese government said on Friday. The announcement was made after a meeting between Prime Minister Pham Minh Chinh and Semcorp deputy chairman Tow Heng Tan in Singapore earlier in the day. Sembcorp Utilities and a unit of Vietnam's state oil firm PetroVietnam on Friday also reached an agreement to develop offshore wind projects to export electricity to Singapore, the government said in a statement, without elaborating. In a separate statement, PetroVietnam said the agreement would pave the
Dutch Build Out North Sea Wind Farms, Test Floating Solar Panels
Wind turbines, floating solar panels, and green hydrogen at sea are among the projects under construction off the Dutch coast, as a country famed for its water engineering prowess builds out its renewable energy infrastructure.On a tour of North Sea facilities on Aug. 25, companies and Dutch utilities showed off key projects.At Hollandse Kust Zuid, a 1.5 gigawatt (GW) wind farm scheduled for completion next year, ten out of the 140 turbines are already producing electricity. Sweden's Vattenfall made headlines when it won the concession to build the farm in 2018 without government subsidy
Blue Economy Contributes $361 Billion to US GDP
a 12% decline from 2019).Marine transportation ($54 billion in 2020, with a 16% decline from 2019).Living resources, such as fisheries and other biological products ($27 billion in 2020, with a 4.1% growth from 2019).Ship and Boat Building ($16 billion in 2020, with a 0.9% decline from 2019).Coastal Utilities ($15 billion in 2020, with a 1.6% decline from 2019).Research and Education ($11 billion in 2020, with a 9.8% growth from 2019).Marine Construction ($7 billion in 2020, with a 0.6% decline from 2019).Professional and technical services ($6 billion in 2020, with a 2.1% decline from 2019).&ldquo
Decarbonization: Geothermal Study Launched to Repurpose Old North Sea Wells
incorporate CeraPhi’s advanced closed loop technology, CeraPhiWell, that is designed to fit into old wells to extract heat from deep underground by a downhole heat exchanger. Depending on the results of the study, the heat produced could be used as direct power and/or heating or cooling for utilities and other services, reducing the overall carbon emissions of the facility. Jonathan Carpenter, Vice President, Petrofac New Energy Services, said: “Our engineering specialists are looking forward to working with CeraPhi on this pioneering study, which has the potential to unlock a completely
February 2024
