TechnipFMC and Petrobras expand ‘many years of collaboration’

Brazilian state-owned oil and gas giant Petrobras has awarded TechnipFMC with a contract to supply flexible pipes for pre-salt fields offshore Brazil. Under the contract deemed as “significant”, TechnipFMC will design, engineer, and manufacture 14 kilometers of gas injection riser pipes and will supply associated services including packing and storage. Jonathan Landes, President of Subsea at TechnipFMC... Continue Reading →

Tugdock and Salamander Offshore Wind Team Up to Accelerate Floating Wind Energy Development

(OE) UK-based company Tugdock has signed a Memorandum of Understanding with Salamander floating offshore wind farm to collaborate on innovation for floating offshore wind energy in Scotland. Tugdock, based in Cornwall, UK, has patented marine buoyancy technology that enables heavy marine structures to be built or assembled and loaded-out in ports with water depth or... Continue Reading →

Wind Power Industry Drifts Off Course

(Reuters) A perfect storm of supply chain delays, design flaws, and higher costs in the offshore wind industry has put dozens of projects at risk of not being delivered in time for countries to meet climate goals, industry executives, investors, and analysts said. The race to reduce reliance on fossil fuels is putting pressure on... Continue Reading →

Investor financing backs commercialization of Nauticus’ ocean robots fleet

U.S.-based developer of ocean robots Nauticus Robotics has secured term loan financing of up to $20 million from existing investors that will be used to bolster the commissioning and commercialization of its fleet. Nauticus Robotics entered into a senior secured term loan agreement with existing stakeholders Transocean, ATW Partners, Material Impact, and RCB Equities which provides the... Continue Reading →

AUV Specialist Argeo Partners Up With Marine Seismic Giant Shearwater GeoServices

(OE) Argeo, a provider of robotic and digital solutions for the ocean space, and Shearwater GeoServices, a global provider of geophysical marine seismic acquisition and processing services, have entered a strategic alliance for innovating and pioneering new technology and products across the subsea and marine seismic markets.  The alliance said it aimed to drive innovation across... Continue Reading →

Floating Wind: Principle Power Expands WindFloat Portfolio with Two Market-Ready Solutions

(OE) Principle Power, a provider of floating foundation solutions for the floating wind industry, said Tuesday it had expanded its WindFloat product portfolio to two fully industrialized products: the existing WindFloat tubular design – now called WindFloat T – and the new flat panel, pontoon-based solution, known as the WindFloat F. Principle Power said both... Continue Reading →

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