Global Offshore Decommissioning Market, valued approximately at USD 5.84 billion in 2018, is anticipated to grow with a growth rate of more than 4.71% over the forecast period 2019-2026.Growing number of aging offshore oil and gas platforms…
The global provider of mobile satellite communications Inmarsat and the Panasonic Avionics Corp subsidiary ITC Global have announced a five-year strategic collaboration.The partnership enables the organisations to combine their highly complementary…
The global wind power industry is expected to install more than 626,800 MW of new capacity over the next decade, said a report.According to a report from Navigant Research, this new capacity represents a market worth more than $92 billion in 2019 and more than $1 trillion over the forecast decade…
Marine autonomous systems and combinations of such systems are being increasingly put to the test in the offshore space. Elaine Maslin looks at how hybrid remote and autonomous systems are now being tested.Concepts like resident subsea vehicles…
Offshore accommodation specialist Prosafe has agreed to sell the Safe Bristolia flotel for scrap.In an operational update for the fourth quarter of 2019, Prosafe on Monday said that it had entered into an agreement to sell the Safe Bristolia…
A two-year project has delivered a step-change in unmanned platform endurance and navigational precision.The £1.4 million ($1.8 million) Precise Positioning for Persistent Autonomous Underwater Vehicles (P3AUV) project, led by subsea technology specialist Sonardyne International Ltd…
The offshore wind giant Ørsted has introduced a new operating model for the Offshore business, to support the execution of its project pipeline and future growth.'The global market opportunities in renewables continue to expand and present significant opportunities for growth…
Norwegian ship owner Solstad Offshore said it has been awarded a long-term contract with Global Offshore, part of the Global Marine Group for CSV Normand ClipperThe contract will commence in the first quarter of 2020 and have a duration of three years firm plus five years options thereafter…
Global Energy Group, the provider of contract services to the oil and gas industry, has bought a majority stake in Aberdeen-based Apollo Offshore Engineering, forming a new contractor firm.The new company will be named Global Engineering and Construction (E&C)…
The UK-based underwater positioning and communications technology company Sonardyne International Ltd has initiated a collaborative project to drive a major step change in ocean system autonomy for long-endurance autonomous underwater vehicles (AUVs)…
Fugro has signed a joint development agreement with autonomous vessel technology firm L3 ASV to create the next generation of autonomous vessels for the commercial survey market.The partnership brings together the expertise of both companies…
The diversified holding company HC2 Holdings announced that it is exploring strategic alternatives, including a potential sale, for its Global Marine Group (GMG) subsidiary.As part of this process, Global Marine Holdings, a leading provider…
For a 20-year term, Polish Oil and Gas Company (PGNiG) will receive liquefied natural gas from the USA for domestic customers or for resale.The new contracts will provide a total of 2 MTPA of LNG, which is approximately 2.7 billion m³ of natural gas after regasification…
As the global fleet of offshore renewables fleet increases, ways to reduce the cost and increase the efficiency and safety of operations and maintenance work, using robotics and autonomous systems, will also grow. Elaine Maslin reports.Robotics…
Global Maritime signed a memorandum of understanding (MoU) with a number of leading Taiwanese organizations to develop closer cooperation on offshore wind technologies including marine warranty surveys, inspections and testing services. From…
