Subsea Mining News

 

Canada's TMC to Seek Seabed Mining License in 2024

Aug 07, 2023

Canada's The Metals Company (TMC) aims to apply next year for a license to start mining in the Pacific Ocean, with production expected to start as early as the fourth quarter of 2025, it said in a statement.TMC has been at the forefront of efforts to collect polymetallic nodules from the ocean floor, a nascent industry that could boost supplies of metals needed for the global energy transition, including nickel and cobalt…

Norway Moves to Open Its Waters to Deep-sea Mining

Jun 20, 2023

The Norwegian government on Tuesday proposed opening its waters to deep-sea mining despite opposition from green campaigners and some countries, as it seeks to shift from a reliance on hydrocarbons to new sources of economic activity.Norway…

Norway's Loke Buys UK Deep-sea Mining Firm from Lockheed

Mar 16, 2023

Norway's Loke Marine Minerals has acquired deep-sea mining firm UK Seabed Resources (UKSR) from Lockheed Martin, the companies said on Thursday.UKSR holds a 100% interest in two deep sea mineral licences in the Clarion-Clipperton Zone (CCZ) in the Pacific Ocean…

Subsea Mining Plans Pit Renewable Energy Demand Against Ocean Life

Jan 24, 2023

As companies race to expand renewable energy and the batteries to store it, finding sufficient amounts of rare earth metals to build the technology is no easy feat. That’s leading mining companies to take a closer look at a largely unexplored frontier – the deep ocean seabed…

TMC's NORI Starts Monitoring Environmental Impact of of Pilot Nodule Collection System Trials

Oct 07, 2022

The Metals Company (TMC),  a company gearing up for commercial metallic nodule collection from the seabed, said Wednesday that a team of independent scientists from leading research institutions around the world and contractors has started the…

Marine Minerals – A New Opportunity for Subsea Oil and Gas Technology

Jun 15, 2022

2023 could be a significant year for subsea mining, both in Norway and internationally. Norway’s environmental impact assessment for marine mining is ongoing, and the opening of the first Norwegian area for marine mining licenses is due to be approved while the International Seabed Authority (ISA)…

Offshore Driller Transocean Buys Stake in Seabed Minerals Exploration Firm

Mar 29, 2022

Transocean, known for its offshore oil and gas drilling rigs services, said Tuesday it had acquired a minority interest in Ocean Minerals Ltd., a company engaged in the exploration of seabed resources containing metals critical to the growing renewable energy market…

Norway: Funding Granted for Deep-sea Mineral Core Sampling Tech

Nov 24, 2021

Adepth Minerals, a Norwegian deep-sea mineral exploration firm, has received a NOK 11.7 million (about $1,3 million) grant from Innovation Norway, triggering investment in FlexiCore technology and enabling the collection of deep-sea mineral core samples in 2022…

UN Deep-sea Mining Rules Unlikely to be Completed by 2023 Deadline, Latam Countries Say

Oct 28, 2021

Regulations governing deep-sea mining will take longer to finalize due to the global pandemic, a group of Latin American countries said, creating uncertainty for companies looking to mine the sea bed for metals, including cobalt and nickel.The…

ABS to Class Allseas' Deep Sea Mining Ship

Oct 07, 2021

Classification society ABS said it has been selected to class a former drillship that is being converted to a subsea mining vessel.The industry-first project will see Allseas’ 228-meter Vitoria 10000, now renamed Hidden Gem, equipped with a…

Wilhelmsen, NorSea Acquire Stake in Norwegian Deep-sea Mining Firm

Aug 12, 2021

Global maritime group Wilhelmsen and the Norwegian offshore supply base firm NorSea have together acquired an 18% stake in the Norwegian deep-sea mining company Loke Marine Minerals.'As the energy transition continues to gather pace, we are actively looking at new projects and business areas…

An Industry-First: ABS Reviews Oil States' Deep-sea Mineral Riser System

Jul 22, 2021

In what has been described as an industry first, ABS has design reviewed a deep-sea mineral riser system capable of reaching more than 6,000 meters beneath the sea surface.Developed by Oil States Industries (OSI), the Merlin Deepsea Riser System…

Green Minerals' Production System to Be Ready in 2026

Mar 16, 2021

Green Minerals, a subsea minerals mining company recently created by Seabird Exploration, a Norway-based provider of seismic survey services wanting to diversify its business suffering from oil price cycles, on Tuesday said it expects to have its marine minerals production system ready in 2026…

Strohm to Deliver TCP Jumper for Allseas' Deepsea Mining System

Feb 17, 2021

Offshore installation and construction company Allseas which is working to get into the subsea mining business, has awarded a contract to Strohm to deliver a composite jumper for its in deepsea mining technology.Last year, Allseas announced…

ABS Grants AIP for CMI's Deepsea Mining System

Jan 25, 2021

In what has been described as an industry first, maritime and offshore classification society American Bureau of Shipping (ABS) has awarded China Merchants Industry (CMI) Approval in Principle (AIP) for its deep-sea mining system design.The…

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