OFFSHORE ENERGY GUEST ARTICLES
Hydro International Latest News: Size of ROV Support Market to Double
by wade on November 24, 2011
A report by Douglas-Westwood (UK) forecasts strong growth in demand for ROV support of offshore operations between 2011 and 2015, driven by a significant rise in offshore exploration and subsea field development activity. Research indicates that all the market drivers of the work-class ROV business are in a period of growth, and the report forecasts that total annual expenditure on ROV support of underwater operations will grow from USD891 million in 2010 to USD1,692 million in 2015. Read more.
Innovative Subsea Surveillance
by wade on September 27, 2011
The subsea environment poses a set of technological challenges unlike anything that the surface can present. Read more.
PRAC Presentation to the Marine Technology Society AGM
by wade on July 26, 2011
As President of PRAC, David Finn provides leadership and strategic direction for all the organization’s petroleum research and development activities in the Atlantic Region. Based in PRAC’s St. John’s office, Mr. Finn has more than 20 years in research and has been an active member of the Newfoundland Ocean Industries Association. He is also a member of the Society of Petroleum Engineers. He was invited this year to the Marine Technology Society AGM to provide an overview of his organization and the research and development they support. Read more.
Nuts and Bolts: Orphan Industries’ L&R System
by wade on July 13, 2011
By Andrew Safer and published in the June 2011 edition of Marine Technology Reporter—www.seadiscovery.com In a 1,853 sq metre fabrication shop in St. John’s, Newfoundland, Canada, Orphan Industries Limited’s 50 welders, pipefitters, millwrights, and electricians work 12-hour shifts around the clock, building ROV launch and recovery systems (LARS) and other subsea equipment, primarily for the offshore oil and gas industry. In Orphan Industries’ test facility outside, the LARS that has just been built is picking up a 40,000-lb. load weight to simulate an ROV and manipulating it back into position. Read more.