Hitachi Energy investing $4.5B to accelerate energy transition, new jobs on the horizon

(Offshore-energy.biz) Hitachi Energy is planning to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnerships by 2027, doubling the investments done in the last three years, to accelerate the energy transition. The investment, complementing the recently announced $1.5 billion investment to ramp up global transformer production, is expected to enable Hitachi Energy to meet... Continue Reading →

Petrobras and Shearwater Join Forces for Seismic Tech R&D

Brazilian state-owned energy company Petrobras and seismic acquisition company Shearwater Geoservices have signed a memorandum of understanding (MoU) for joint development and execution of scientific research and technology innovation within seismic processing and acquisition focused on data quality, value and efficiency. The five-year agreement comes in addition to previously announced cooperations between the two companies... Continue Reading →

Vard Launches Prysmian’s Monna Lisa Cable Layer

Norwegian shipbuilder Vard has launched a 171-meter-long cable laying vessel (CLV) Monna Lisa, being built for Prysmian, marking another major milestone towards the delivery of the vessel, scheduled for 2025. Prysmian executives gathered at the VARD shipyard in Tulcea, Romania to celebrate the launching of the new CLV Monna Lisa, the sister ship to the... Continue Reading →

Shearwater and XOCEAN Team Up for CCS and Offshore Wind Markets

(OE) Marine seismic acquisition firm Shearwater Geoservices and ocean data company XOCEAN have entered strategic collaboration to explore opportunities in carbon capture and storage (CCS) and offshore wind markets. Building on the successful joint delivery of several large data campaigns, Shearwater and XOCEAN are now jointly exploring technology and operational synergies to provide integrated data... Continue Reading →

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