Welaptega, an Ashtead Technology company, launched a $500,000 initiative to develop a product to enable digital twinning of underwater infrastructure.In collaboration with Whitecap Scientific, SubC Imaging, and Nova Scotia Community College SEATAC division…
As technology development continues at pace in the subsea space, a young innovative group out of Switzerland—Hydromea—unveiled the prototype of what it is calling the 'world’s first' wireless underwater drone in a pool demo on May 11, 2021. According to the company…
On many levels, 2020 was a pretty horrific year, “a year like no other”, according to Mike Beveridge, managing director of energy investment firm Simmons Energy, a division of Piper Sandler. It’s easy to see why. A dip into a negative WTI contract prices…
UK-based wave power technology company Mocean Energy, and subsea battery developer EC-OG have teamed up with Chrysaor, Modus, OGTC, and Baker Hughes to fund the demonstration of a wave-powered renewable energy system for running subsea equipment…
Aberdeen-based subsea battery developer EC-OG has appointed Bob MacDonald, a former Wood Group man - now Wood - as Chairman.MacDonald previously served as Chief Executive Officer of the Specialist Technology Solutions (STS) business for energy services specialist Wood…
Ocean Infinity, a U.S. based marine survey firm developing the world's largest fleet of unmanned surface vessels - Armada - has ordered Sonardyne sensors for its robotic vessels.As reported previously, Ocean Infinity in February launched Armada…
The Society for Underwater Technology announced it has appointed Dr. Cheryl Burgess as Chief Executive, effective January 2021.Burgess brings to the role over three decades’ experience in the energy industry, including oil and gas (both offshore and onshore)…
Blue Ocean Seismic Services, a company that describes itself as 'the marine seismic survey disruptor,' has secured a total of £10 million of Series A investment from bp Ventures, Woodside Energy, and Blue Ocean Monitoring.The company will use…
Underwater technology company Blue Logic has won the Innovation Award 2020 from Norway's ONS, for the development of an open-standard subsea docking station for underwater vehicles.The award, given in the small and medium-sized enterprises category…
Japanese industrial giant Kawasaki Heavy Industries has contracted the Norwegian underwater drone specialist Stinger, to help it test its prototype AUV (Autonomous Underwater Vehicle).Stinger said last weekend that it would provide Kawasaki…
The last 12 months has seen a long-envisioned concept in field resident subsea finally make it mainstream. The idea now features in talks by chief technology officers at major industry events, instead of just being the focus of a smaller subsea side events…
Kongsberg Maritime AS has signed an agreement to sell its underwater technology subsidiary company Hydroid, Inc. for $350 million to shipbuilder Huntington Ingalls Industries (HII). In conjunction with the transaction, HII and Kongsberg Maritime…
Increasing activity, led by scaled down, accelerated projects and subsea tiebacks is helping drive an increasing business in the subsea industry. But there’s slim chance of revisiting the boom days of 2013, the Society of Underwater Technology’s…
Kraken Robotics Inc. announced its wholly owned subsidiary, Kraken Robotic Systems Inc., has finalized the contract for the OceanVision project with the Ocean Supercluster and industry partners (Petroleum Research Newfoundland and Labrador,…
The first real-time maritime robot testing center for offshore wind in Europe is being established.The European Atlantis center will be in Viana do Castelo and involves an investment of 8.5 million euros. It is coordinated by INESC TEC, and…