Friday, November 22, 2024

Technology Innovations News

New Offshore Wind Launch Academy in UK

Offshore Renewable Energy (ORE) Catapult, the UK's flagship technology innovation and research center for offshore wind, wave and tidal energy, has launched a new industry-backed national technology accelerator program.The program is designed to…

Well-Centric Develops Compact Milling Tool

Gate Valve Milling Tool (Photo: Well-Centric)

Well-Centric, an independent specialist in well integrity and production technology solutions for the oil and gas industry, will launch a new compact milling tool at the SPE ICOTA Well Intervention Conference this month. The Well-Centric Gate Valve…

Funding for Jee’s Excalibur system

Technologies which harness tidal energy (i.e. tidal energy convertors or TECs) are in the advanced stages of development. Single TECs have been tested in UK waters for some time but only recently has a fully commercial, grid-connected array been installed.

IEA: Global Energy Investment Down 8% in 2015

While the plummet in energy spending should come as little surprise to anyone knowing anything about global maritime and energy markets, the International Energy Agency helped to put the precipitous drop in perspective, reporting that the global energy spend was down 8% in 2015.

Maersk, Qatargas Ink LNG Propulsion Deal

The world’s largest LNG exporter Qatargas has signed a technical collaboration agreement with the Maersk Group to explore opportunities related to the use of LNG marine propulsion. It is estimated that the use of LNG propulsion can lead to a potential…

New Category for 2015 Offshore Achievement Awards

L-R Pete Jones of TAQA along with SPE Aberdeen’s Ian Phillips and Ross Lowdon

The 2015 Offshore Achievement Awards have opened for entries today, with a new category added which will recognise investment into the future talent of the energy industry. The prestigious awards, which are organised and hosted by the Society of…