Kraken Robotics has signed an R&D contract with a “global energy company” which will provide $8 million of cash funding to its Brazilian subsidiary over a three-year period. Under the project, Kraken will continue the development of artificial intelligence (AI), machine learning software and subsea
Aker Solutions has secured a frame agreement to provide subsea production systems (SPS) and subsea lifecycle services (SLS) for Petrobras-operated oil and gas fields offshore Brazil. The scope covers the delivery of complete subsea production systems, including equipment such as subsea trees, Vectus
Subsea 7 has entered into a long-term deal with Pipeline Technique (PTL) for the provision of welding and coating services.
MSC World Europa, the first in a series of four next-generation cruise ships to join the MSC Cruises’ fleet, has been delivered with a ballast water treatment system (BWTS) from BIO-SEA by BIO-UV Group.
Norway’s cleantech company TECO 2030, together with other partners, has received an invitation for HORIZON EUROPE funding of €5 million ($4.8 million) to realise the hydrogen-powered tanker concept HyEkoTank.
Irish-based hydrokinetic developer GKinetic Energy has opened a €2 million funding round focused on ramping up its commercialization activities.
EthosEnergy is expanding its presence in the Middle East to respond to the growing rotating and oil and gas equipment market.
AWS Ocean Energy has unveiled ‘highly encouraging’ results from the current phase of sea trials of its Waveswing wave energy device at the European Marine Energy Centre (EMEC) in Orkney.
Dutch company SeaQurrent has closed a multi-million euro funding round, securing support from major organizations for the development of its tidal energy technology and projects.
Danish wave energy company Wavepiston has started accelerated tests of its technology at Technical University of Denmark’s (DTU) test facility as part of the EU-backed VALID project.
ACWA Power has signed a deal with Indonesia’s state-owned electricity utility PT Perusahaan Listrik Negara (Persero) to develop two floating solar projects in the world’s largest archipelagic state.
State Power Investment Corporation (SPIC) has put into operation the world’s first offshore floating solar power plant integrated with offshore wind turbine, at a site located off the coast of China’s Shandong Province.
Rotoboost, a global hydrogen company based in Norway, has won a new technology qualification designation from the ABS classification society for its pre-combustion carbon capture system based on the thermocatalytic decomposition process. The technology, described as a first-of-its-kind, allows for c
PanGeo Subsea, a subsidiary of Kraken Robotics, is nearing completion of its busiest year so far in terms of acoustic corer contracts, valued at over $8 million in 2022. Earlier this year, PanGeo won a $5 million contract in the U.S. to support an oil platform decommissioning survey and acquire 63 o
