Subsea technology company Optime Subsea has been awarded a contract by ABB to supply a subsea power control module for a joint industry project. Optime has been selected to design, fabricate and ...

ABB, the leading power and automation technology group, has entered a joint industry program (JIP) with the Norwegian oil and gas company, Statoil. The program will develop solutions for transmission, ...

A collaborative venture brings renewable wave power, flexible energy storage and energy technology on an electrifying journey to the bottom of the sea. In August 2023, an alliance of technology ...

This story profiles one of the Offshore Technology Conference's Spotlight on New Technology Award winners. Knowledge is power and time is money, no more so than in the offshore drilling industry, ...

At-a-Glance: Subsea engineering is shifting to all-electric, modular “subsea processing” with autonomous inspection, advanced materials, and digital twins—enabling longer step-outs, fewer ...

Statoil and its partners have brought on stream two different subsea compression systems in Gullfaks and Asgard fields offshore Norway, marking the first deployment of subsea compression technology to ...

The UK’s subsea players are keeping close tabs on an innovative demonstrator project under way off the northern coast of Scotland, where a prototype wave-energy device and seabed battery system have ...

Schlumberger's subsea electronic control module has passed the historical milestone of more than a quarter million operational hours in the field with 100% reliability. More than 30 modules have been ...

There are 2,511 identified pending, probable and possible subsea production wells forecast (base case) worldwide over the next six years. Some 18 percent of these subsea completions will be installed ...