Nippon Foundation, DeepStar Launch Joint Decarbonization R&D Program
The Nippon Foundation signed a Memorandum of Understanding (MoU) with the offshore technology development consortium DeepStar to establish a joint research and development program focused on decarbonization in offshore oil and gas, with a focus on renewable…
OTC 2021 Postponed
One of the world's largest conferences and exhibitions dedicated to the offshore energy industry will be postponed next year due to the ongoing COVID-19 pandemic.The Offshore Technology Conference, which attracts tens of thousands of visitors to Houston annually…
Technology: Greenhouse Gas Emission Capture and Storage to the Fore
Greenhouse gas emissions capture and storage may be a more practical alternative to emissions reduction for meeting the IMO’s 2050 CO2 target. Tom Mulligan reports.Shipping emits close to 1 billion tons of CO2 each year and the shipping industry needs carbon…
Offshore Technology Conference (OTC) 2020 Postponed
Offshore Technology Conference 2020, one of the world's largest conferences and exhibitions dedicated to the offshore energy industry, will be postponed this year due to the coronavirus outbreak.The OTC 2020 organizers said on Friday that the conference…
Excelerate to Build FLNG Terminal in Philippines
Philippine authorities have given Excelerate Energy LP permission to proceed on plans to develop a floating natural gas import terminal to supply existing and new power generation.Texas-headquartered player in floating LNG regasification solutions, received…
First Subsea to Cover Formosa 1
UK-based offshore technology services provider First Subsea has delivered beach landing cable protection for three export cables on the 120MW Formosa 1 Phase 2 offshore wind farm in Taiwan.According to the Lancaster-based company, the contract was awarded by Jan De Nul Group…
Asia-Pac Offshore Wind Capacity to Rise 20-fold in a Decade: Wood Mackenzie
Asia-Pacific's offshore wind capacity will rise 20-fold to 43 GW in 2027, said new research from global natural resources consultancy Wood Mackenzie. Future offshore wind prices will be competitive with traditional thermal prices, it said.Leading the charge is China…
CMHI, DNV GL Ink LoI for Two Jack-ups
DNV GL announced it has signed a letter of intent (LoI) with shipyard China Merchants Heavy Industry (Jiangsu) Co., Ltd (CMHI) for the classification of two multi-activity jack-up units at the Offshore Technology Conference (OTC) in Houston.Ordered by OOS Energy B.V.…
Interview: Antony Croston, Trelleborg Offshore
Antony Croston is Business Group Director at Trelleborg’s offshore operation in Houston, responsible for the externally-facing functions of the business covering engineering, business development and project management.MTR caught up with Croston ahead of…
Teledyne Bags OTC Technology Award
Teledyne Marine was recognized by the Offshore Technology Conference (OTC) with a 2018 Spotlight on New Technology Award for the FlameGuard P5-200. Each year, OTC recognizes innovative technologies with the Spotlight on New Technology Award, which showcases…
GustoMSC Evolves Chela the "Smart" Crane
Nearly two years ago GustoMSC introduced a smart crane for lifting and wireline operations under the drilling cantilever. Two years later, following industry feedback and further development, the equipment has evolved into Chela, named after the Greek word for a crab’s claw.
Wison Launches Buoyant Tower Solutions with Storage
Wison Offshore & Marine has developed a new Buoyant Tower solution with condensate or oil storage, adopting Wison’s proprietary Buoyant Tower technology. This floating concept provides a new economic and reliable option for the oil and gas development in the shallow to medium-depth waters.
Slumping Oilfield Services Sector bets on Offshore Tech
The oil industry's top equipment and services suppliers this week are hawking vastly cheaper ways of designing and equipping subsea wells, aiming to slash the cost of offshore projects to compete with the faster-moving shale industry. At the Offshore Technology Conference…
Emerson Launches Salinity Measurement System
Emerson Automation Solutions launched the Roxar Salinity Measurement System for the sensitive, accurate and real-time measurement of saline water in gas production well streams at the Offshore Technology Conference (OTC) in Houston this week. Through the new system…
Kongsberg Maritime, SES Form Strategic Alliance
Kongsberg Maritime Inc., the North American division of Norway headquartered marine and offshore technology company Kongsberg Maritime, and Houston headquartered Stress Engineering Services (SES) have formed a strategic alliance to better serve existing…
One Billion Additional Barrels 'Possible' in GoM Hubs -BP
The head of BP's Gulf of Mexico region said on Monday the oil company's use of a new seismic imaging technology has identified 1 billion additional barrels of "possible resources" at four of its U.S. offshore fields. Richard Morrison, the BP region president…
Petrobras Shifts Focus to Oil E&P, Alternative Energy
Petróleo Brasileiro SA will focus on oil and gas exploration and production while seeking opportunities in alternative sources of energy over the next five years, as Brazil's state-controlled oil firm moves toward more profitable core segments, Chief Executive Officer Pedro Parente said on Tuesday.
BSEE, USCG on Sharing Information, Jt Ops
Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno and U.S. Coast Guard Rear Admiral Paul Thomas participated in a luncheon panel discussion today at the Offshore Technology Conference (OTC) in Houston. The discussion focused…
ABS Spearheads Offshore Standardization JIP
Classification society ABS convened industry partners at the Offshore Technology Conference on Wednesday, May 4, to sign a memorandum of understanding (MOU) establishing a unified joint industry project (JIP) for standardization. The goal of the JIP, which includes participants from Korean shipyards…
JSMEA & MR Team for OTC Ballpark Reception
More than 200 business colleagues and friends enjoyed a break from the busy Offshore Technology Conference (OTC) by attending a Houston Astros baseball game on Tuesday, May 3, 2016, at Minute Maid Park in Houston. A luxury suite reception on the second…
