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The global drone market is set to grow from $13.7 billion in 2021 to $89.6 billion in 2030. The market …
Read More »Oil and gas industry to drive global drone market to $89.6 billion in 2030
Non-contacting inductive technology eliminates wear for submersible rotary sensor
Positek has launched a new rotary position sensor aimed at demanding industrial, vehicle, marine, and offshore angle measurement tasks. Protected …
Read More »Variable bent-axis motor offers enhanced speed capability
Parker Hannifin has launched a variable displacement, bent-axis motor series, V16. The new V16 is an evolution of the V12 …
Read More »Number of global oil and gas contracts declined in Q2 2022
The overall number of contracts in the oil and gas industry fell by 16% in the second quarter of 2022, …
Read More »Surging global oil and gas demand to boost subsea production
Subsea technology has been witnessing substantial growth lately. Rising global oil and gas demand and supply disruption from the Russia-Ukraine …
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