Tekmar Energy has secured a contract from Strohm to design, manufacture and supply a subsea protection and buoyancy solution for a Thermoplastic Composite Pipe ('TCP') Jumper.Strohm, previously Airborne Oil & Gas, is a company providing fully bonded TCP…
The 228-meter-long former drillship Vitoria 10000, now renamed Hidden Gem, has this week arrived in Rotterdam, The Netherlands to start its conversion into a subsea mining vessel.The news of the vessel's arrival was shared by The Metals Company (formerly DeepGreen Metals Inc…
The market hasn't exactly cheered BHP Group's proposed exit from its oil and gas business, with shares of both the mining giant and the acquirer, Woodside Petroleum, tumbling in the wake of deal.A point of concern for investors is that BHP may have sold the assets too cheaply…
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…
DeepOcean, a provider of subsea services to the offshore energy industry, has agreed to invest and take a majority stake in ADEPTH Minerals, a company focused on sustainable exploration and extraction of marine minerals.ADEPTH was founded in Bergen…
European Union countries on Monday approved the bloc's flagship fund to wean them off fossil fuels and protect communities most affected, paving the way for members to start receiving the cash.The 17.5 billion euro ($21.27 billion) Just Transition…
Six environmental organizations, including the World Wildlife Fund and Greenpeace, on Monday, called on Norway to stop plans to open ocean areas for deep-sea mining.The government in January launched a process to open areas on its extended continental…
Green Minerals AS, a recently formed subsea mineral mining company, has signed a letter of intent with a consortium led by Oil States Industries (UK) Ltd.The LoI is for collaboration on a FEED study for a turnkey Harsh Environment Deep Sea Mining…
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…
Brazil's state-run oil firm Petrobras said on Wednesday that the government has nominated a further two individuals as potential members of the firm's board of directors, to be voted on at the upcoming extraordinary general meeting.This comes after Petroleo Brasileiro SA…
Debmarine Namibia, a subsidiary of Anglo American's diamond unit De Beers, on Monday reported a 13% drop in production to 1.125 million carats last year as demand slumped during the COVID-19 pandemic.Namibia has the richest known marine diamond deposits in the world…
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…
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…
Japanese trading house Sumitomo Corp will stop investing in new oil development projects as it shifts away from fossil fuels businesses amid a global push to cut greenhouse gas emissions, the Nikkei business daily reported on Sunday.The move…
Swiss-based Allseas has awarded Dutch subsea technology company Seatools the contract for the delivery of the complete electrical, hydraulic and control system for Allseas’ deep-sea mining nodule collector.Driven by the green energy transition…
