Terradepth, a provider of Ocean Data as a Service (ODaaS), has secured a five-year Master Services Agreement with a major offshore energy company in Asia Pacific region.Terradepth will deliver autonomous hydrographic survey and data services…
The subsea technology market is changing via merger and acquisition, as the need for seamless connection and interoperability from space to the seabed increases for defense and commercial applications. Earlier this month it was announced that…
Subsea 7 has secured of a subsea contract in West Africa, worth up to $150 million.Subsea7 will be responsible for transporting and installing flexible pipelines, umbilicals, and associated subsea components for the connection of a floating production…
Geoquip Marine, a Njord Partners portfolio company, has completed a preliminary geotechnical site investigation for two 4 GW offshore wind projects.The investigation will support the developer in advancing the next phase of design for both project sites…
Odfjell Oceanwind has secured a slot with 24 MW capacity grid connection at the Marine Energy Test Centre (METCentre), where it will install one full-scale floating offshore wind turbine in 2028.The project, named SCALEWIND, will demonstrate…
Subsea7 has secured a contract by the operator ConocoPhillips Skandinavia for a front-end engineering and design (FEED) study for the Previously Produced Fields (PPF) development project, offshore Norway.The project is granted under a new framework agreement between ConocoPhillips and Subsea7…
Canadian company Cellula Robotics has entered into a sales and representation agreement with Subsea Europe Services (SES) and its defense division, FLANQ to expand the market presence of its advanced autonomous underwater vehicle (AUV) technologies across Northern Europe…
Since it was founded in 2012, the Kraken Robotics story has been one of continual growth, both organically and via acquisition. A core premise of its business are enabling everyone, from subsea defense to commercial companies to explorers, to…
Balmoral Comtec recently invested more than $1.3m in a new wave and current simulation center, a facility that will be used to help develop Balmoral’s own subsea technologies, including its HexDefense, the proprietary scour protection system which mitigates the risk of subsea cable failure…
STATS Group, a wholly owned subsidiary of Mitsui & Co, has developed mechanical pipe connectors, aimed at addressing increased demand in the Norwegian oil and gas sector.Titanium is better suited to high-stress corrosive environments found in…
The Kuwait Foreign Petroleum Exploration Company (KUFPEC) has secured approval for its development of the Anambas block in Indonesia, where it aims to acquire more projects, officials said on Thursday.KUFPEC will invest about $1.54 billion to…
Dutch oil and gas services firm SBM Offshore reported a 27% rise in its first-quarter revenue on Thursday, boosted by strong performance across all its segments, particularly in its turnkey unit.The Amsterdam-listed firm, which provides floating production services to the offshore energy industry…
LS Eco Advanced Cables (LSEAC) has launched a five-week public consultation on its proposals to develop a high voltage cable production facility at the Port of Tyne for subsea electricity transmission, designed to transport clean energy generated by offshore wind onto UK shores…
Green Marine UK is poised for growth as one of the most experienced players in the UK’s rapidly expanding marine energy sector, as studies underscore the potential of wave and tidal technologies.With a track record delivering complex marine operations…
Texas-based subsea oil and gas equipment supplier Trendsetter Engineering has marked the first deployment of its Trident 20,000 psi (20K) intervention system at Beacon Offshore’s Shenandoah project in the Gulf of America.The Trident 20K intervention…
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