Monday, December 23, 2024

Technology Developments News

US approves major geothermal projects on public land and seeks to support others

The Biden Administration announced on Thursday measures to expand geothermal power on U.S. Public Lands, including the approval of a large project located in Utah and steps to accelerate permits for discovering new resources.

Solar, Wind Uptake to Reach 5.4 TWac from 2024 to 2033, Says Wood Mackenzie

Solar: Cumulative installed global solar PV capacity to nearly quadruple from 2024 to 2033. Source Wood Mackenzie

Global solar deployment to add 3.8 TWac of new project capacity by 2033 compared to 1.6 TW of wind power, while 640% growth is forecast for energy storageFrom 2024 to 2033, developers will bring more…

Stena, Wärtsilä to Build World’s Largest Hybrid Ship

Photo © Brittany Ferries.

Wärtsilä will supply its hybrid propulsion system for three new RoPax vessel currently built for Stena RoRo, Europe´s largest ferry company. Two of the ferries will have a battery capacity of 11.5 MWh…

Huge Potential for Asian Offshore Wind

Offshore wind industry is set to gain a foothold in new markets in the next five years, with the Asian markets playing a significant role.China has significant ambition for the build-out of offshore…

Study Shows LNG Forming Pathway to IMO 2050

Greenhouse Gas (GHG) reductions of up to 21% are achievable now from LNG as a marine fuel, compared with current oil-based marine fuels over the entire life-cycle from Well-to-Wake (WtW).An independent…

Chevron Gets Green Light for Captain EOR

Captain (Photo: Chevron)

Energy giant Chevron announced Tuesday it has received approval from the U.K. Oil and Gas Authority (OGA) to move ahead with its plans for an Enhanced Oil Recovery (EOR) project that aims to unlock…

Aker Solutions, Equinor Strengthen Collaboration

Doug Pferdehirt (left), CEO TechnipFMC, Torger Rød, SVP Equinor, Margareth Øvrum, EVP Equinor, Kjetil Hove, SVP Equinor, and Luis Araujo, CEO Aker Solutions. (Photo: Equinor)

Aker Solutions has signed a strategic, global collaboration agreement with Equinor to ensure mutual and continuous improvement on current and future subsea projects within the domains of safety, quality…

Schlumberger's Exit From Seismic Worrisome for Oil Firms

"The exit of Schlumberger, which has been one of the biggest drivers of new (seismic) technology developments, makes oil companies concerned, and they rightly should be," Irene Waage Basili said on…

Facebook's Zuckerberg Drills Down into North Dakota's Oil Patch

© David Gaylor / Adobe Stock

Facebook Inc Chief Executive Mark Zuckerberg toured a North Dakota drilling rig on Tuesday and peppered industry workers in the No. 2 U.S. oil-producing state with questions about automation, safety and fracking.

Proserv Opening New Subsea Tech Center

From left to right: Simon Harvey, Proserv’s head of operation at Great Yarmouth; David Lamont, CEO; and Iain Smith, region president  for UK and Europe; at the site of the company’s new facility in Great Yarmouth. (Photo: Proserv)

Energy services company Proserv informs it is investing in a new purpose-built technology center for subsea controls and communications in Great Yarmouth. The move will see around 190 employees consolidate…

Reflex Marine to Debut New Crew Transfer System

WAVE-4  Transfer to Vessel, Seaway Heavy Lifting. (Photo: Reflex Marine)

Reflex Marine is to showcase its new WAVE-4 marine personnel transfer carrier for the first time to the oil and gas industry at the Offshore Energy 16 exhibition and conference in Amsterdam, October 25 and 26.

ABB Debuts Digital Substation

Digital substations as key elements in future-oriented power grids to improve efficiency, safety and system visibility. ABB is presenting its digital substation model at the Cigré conference and exhibition…

$140m Awarded for GoM Oil Impact Research

ECOGIG Recovered Lander. This Seafloor Lander was recovered at Sea in November of 2012. (Photo Credit: Beth Orcutt, ECOGIG Consortium, University of Mississippi)

The Gulf of Mexico Research Initiative (GoMRI) has selected 12 research consortia to conduct scientific studies of the impacts of oil, dispersed oil, and dispersant on the Gulf of Mexico ecosystem and public health.

Polymer Technology Developments Present Opportunities

New advances in polymer lining systems are emerging as a credible and cost effective alternative to traditional corrosion resistant alloys (CRA), thanks to recent developments from Swagelining Limited.

Mexico's Energy Reform May Spur Oil Production 75%

Energy reform could increase Mexico’s long-term oil production by 75%, considers the US Energy Information Administration (EIA). On August 11, Mexico's president signed into law legislation that will…

Statoil Invites Suppliers to Closer Cooperation

Here Statoil CEO Helge Lund concludes a dialogue session with GE Oil and Gas head Lorenzo Simonelli regarding some of the challenges and opportunities that operators and suppliers share. (Photo: Harald Pettersen - Statoil)

Statoil invited politicians, suppliers and other important stakeholders to Stavanger Concert Hall  to share challenges and increase understanding for the changes that are the inevitable outcome of tighter margins in the oil and gas industry.

DNV GL Opens Laboratory in Singapore

Photo: DNV GL

DNV GL opened a new laboratory in Singapore which it said aims to deliver innovative and integrated solutions for the marine and offshore industries. The laboratory was officially opened on March 1, 2014 by Norway’s Foreign Minister H.E.