TGS, a provider of energy data and intelligence, has secured an additional ocean bottom node (OBN) contract in Europe.The company's node-on-a-rope crew will mobilize in mid-summer, with the project expected to run for approximately 30 days.The…
James Fisher and Sons has invested in U.S.-based autonomous marine technology company Ocean Aero, taking a strategic minority stake as part of Ocean Aero’s Series D funding round.The investment increases James Fisher’s exposure to autonomous…
Veolia and SBM Offshore have signed a Memorandum of Understanding to develop and deploy innovative freshwater floating production units (FPUs), combining advanced reverse osmosis desalination technology with proven offshore engineering expertise to offer a sustainable…
Together with its sister company Hanwha Ocean, Q ENERGY France, a Hanwha company, has announced its participation in the pre-qualification process to participate in a call for bids for seabed licenses to develop offshore wind projects in Nova Scotia…
The European Union has awarded funding to support the development of carbon capture, utilization and storage (CCUS) in the Øresund region, backing a cross-border project aimed at accelerating renewable energy use and enabling the production of sustainable fuels…
OceanMight, a subsidiary of KKB Engineering, has secured a contract from Petronas for construction services at greenfield development project offshore Malaysia.The letter of award signed by the companies is for the provision of minor engineering…
Vard, the Norwegian subsidiary of the Fincantieri Group, has signed a new contract with existing customer Ocean Infinity for the design and construction of four Multi-Purpose Robotic Vessels (MPVs).The contract, whose value exceeds $230 million (€200 million)…
Vestas has received a 390 MW order for the Shinan-Ui offshore wind project in Jeollanam Province in South Korea.The project is developed by Shinan-Ui Offshore Wind, a consortium consisting of Hanwha Ocean, SK Eternix, KOMIPO (Korea Midland Power)…
Norwegian offshore vessel owner and subsea services provider DOF Group has secured several new project awards in the Atlantic region and a separate contract in North America with Shell.The Atlantic region awards, amounting to over $60 million…
Our fascination with the depths of the ocean revealed itself in some of our most-read stories of 2025.What’s really down there? asked New Wave Media President Greg Trauthwein in his interview with Matt Grove, Regional Segment Manager Offshore at Seequent in September…
Danish vessel owner ESVAGT has completed the acquisition of Breeze Enabler and Brint Enabler Service Operation Vessels (SOVs) from Edda Wind through a 100% share purchase agreement of the two Spanish vessel owning entities.The SOVs are on long…
Offshore wind industry suppliers Ocean Geophysics and HighTide have entered into a joint venture aimed at combining their seabed data processing, analysis and interpretation capabilities.The partnership brings together Ocean Geophysics’ large…
Odyssey Marine Exploration, Inc., a U.S.-based ocean exploration and marine resource development leader, received news that the Bureau of Ocean Energy Management’s (BOEM), a department of the U.S. Department of Interior (DOI), has initiated…
Ocean Infinity has reached a significant milestone with the delivery of the final vessel in its 14-vessel Armada fleet, featuring advanced underwater robotic systems capable of a wide range of data collection tasks.Over the past five years,…
To advance President Trump’s national strategy for securing America’s critical mineral supply, the Bureau of Ocean Energy Management has initiated the process for a potential mineral lease sale in federal waters off the coast of Virginia. This…
