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 ...

NEWARK, Del, Sept. 07, 2023 (GLOBE NEWSWIRE) -- According to a Future Market Insights (FMI) report, the global subsea power grid systems market is estimated to secure a valuation of US$ 1.6 Billion in ...

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 ...

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, ...

Oil and gas company Serica Energy has stopped producing from the Rhum field in the UK North Sea following issues with a subsea control module. Serica said in an update that a fault had been identified ...

The "Global Subsea Control Systems Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering. With an increase in energy consumption across the ...

Dril-Quip announced the successful installation and start-up of its first subsea control system, a "signal on power" multiplex system that controls both a satellite subsea tree and subsea manifold, ...

The FINANCIAL — GE Oil & Gas, a key equipment and services supplier for the global offshore drilling and subsea sectors including the North Sea, continues to develop and deploy new technology to help ...

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 ...

Since 2022 the Asean Power Grid (APG) has entered a new era of unprecedented momentum. Originally proposed in 1997, the APG has three broad aims: develop physical interconnections between national ...

Several North Sea examples illustrate the advantages of installing high-integrity pressure protection systems (HIPPS) on subsea wells. Many published papers discuss the benefits of subsea HIPPS and ...