Liquid Robotics, Schlumberger Form Oil & Gas Joint Venture

(MarineLink)
Thursday, June 21, 2012
Bill Vass CEO Liquid Robotics. (Photo: Liquid Robotics)

Liquid Robotics, Inc. and Schlumberger announced the creation of Liquid Robotics Oil & Gas, a joint venture to develop services for the oil and gas industry using Wave Gliders, the world’s first wave-powered, autonomous marine vehicles. The joint venture will combine Liquid Robotics Wave Glider technology with Schlumberger oil and gas expertise and industry knowledge to integrate and deploy new solutions for customers worldwide. 
Liquid Robotics and Schlumberger have equal ownership of the joint venture. Liquid Robotics will provide fleets of Wave Gliders together with relevant engineering, piloting and maintenance expertise, while Schlumberger brings their upstream technology and market leadership. The joint venture will be the exclusive distributor of Wave Glider products and services to oil and gas customers worldwide. 
“We are continually interested in developing innovative technologies of value to the oil and gas industry,” commented Ashok Belani, chief technology officer, Schlumberger. “We are extremely excited about the new capabilities the unique Wave Glider platform will bring to offshore exploration and production—particularly in the areas of seismic, subsea and environmental monitoring.”
Wave Gliders offer a game-changing capability to operate offshore for up to a year without requiring a crew, fuel or a dedicated support vessel during their mission. Fleets of Wave Gliders have crossed hundreds of thousands of miles of the earth’s oceans to help scientific, defense and industrial customers gain valuable insights into the marine environment.
“I am very excited about our joint venture with Schlumberger and the opportunity to expand the Wave Glider’s role in the oil and gas market,” said Bill Vass, chief executive officer, Liquid Robotics. “By teaming with Schlumberger, we can greatly accelerate the availability and worldwide deployment of innovative oil and gas solutions. Together, we are changing the economic and risk profile of worldwide ocean measurement.”
 

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Oil Steadies as Equities Rally

Recovering stock markets boost oil prices; U.S. crude on track for first weekly gain in nine weeks. Oil prices steadied on Friday after bouncing back from six-and-a-half-year

Wärtsilä Scrubbers for Finnlines Vessels

Finnlines, a Ro-Ro and passenger vessel operator with services in the North and Baltic Seas, has contracted Wärtsilä to supply three of its vessels with exhaust cleaning scrubber systems.

Maersk Group Optimistic on $4Bln Profit Target

AP Moeller Maersk Group has continued to fix its eyes on its forecast of a $4 billion profit for 2015, despite the challenges it is facing in its operating environment, according to Thisday Live.

Technology

Damen's Ship with Van der Velden FLEX Tunnel Commissioned

The first ship outfitted with the Van der Velden FLEX Tunnel was named Friday, August 14th in Duisburg. The Rhenus Duisburg, the new barge combination from shipping company Rhenus PartnerShip,

Ecopetrol, JX Nippon Team Up to Explore Brazil Offshore

Ecopetrol reports it has established an Alliance with Japan’s JX Nippon Oil & Gas Exploration through its affiliate in Brazil, Ecopetrol Óleo e Gás to explore the FZA-M-320 block,

Shipyards Rising Competitive Stirrings

A mini order boom fueled by gas, “green-tech”, tankers and new rules is underway in shipbuilding. It won’t fill all yards, but changes like the July 2015 cap on

Contracts

Oil Steadies as Equities Rally

Recovering stock markets boost oil prices; U.S. crude on track for first weekly gain in nine weeks. Oil prices steadied on Friday after bouncing back from six-and-a-half-year

Wärtsilä Scrubbers for Finnlines Vessels

Finnlines, a Ro-Ro and passenger vessel operator with services in the North and Baltic Seas, has contracted Wärtsilä to supply three of its vessels with exhaust cleaning scrubber systems.

Bollore Bags Contract for Kribi Container Port

France's Bollore-led consortium has been awarded the contract to develop and operate a container terminal in Cameroon's deep-water port of Kribi, says a report in Reuters.

Offshore

Yamal LNG Arctic Project in Doldrums

The massive $27 billion Yamal LNG liquefied-natural-gas venture in the Arctic Circle, a centerpiece of President Vladimir Putin’s plan for Russia has been squeezed by U.

Sailboat Catches Fire off Honolulu

A sailboat with five people aboard caught fire off Honolulu, Thursday, promting responsefrom the U.S. Coast Guard who sent a 45-foot Response

MHI, SBG Invest in Wind Energy Startup Altaeros Energies

Mitsubishi Heavy Industries, Ltd. ("MHI") and the Suhail Bahwan Group ("SBG") have invested in Altaeros Energies, a Massachusetts-based technology company, to

 
 
Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 1.6083 sec (1 req/sec)