Subsea Miner DeepGreen to Go Public Via $2.9 Billion SPAC Deal
such as Maersk Supply Service and Glencore.Vancouver-based DeepGreen intends to produce metals from polymettalic rocks, found in deep oceans, for use in batteries that will power electric vehicles.The company’s partners include Danish shipping company Maersk and Swiss offshore drilling company Allseas Group SA.Sustainable, a so-called special purpose acquisition company (SPAC), raised $300 million in an initial public offering in May last year.SPACs are shell companies which raise funds to pursue an acquisition at a later date. It serves as an alternative to a traditional IPO for companies looking
Allseas: No Plans to Resume Nord Stream 2 Work
Swiss-Dutch company Allseas Group said it has no plans to resume laying pipes for Russia's Nord Stream 2 gas pipeline project, Russian state news agency TASS reported on Monday.Russia said it has its own vessel to complete the construction of the Nord Stream 2 gas pipeline to Germany after Washington placed sanctions on the project.(Reporting by Andrey Ostroukh, editing by Louise Heavens)
MTR100: CM Lab Simulations
PhDs and master’s degrees in the fields of virtual reality, engineering, computing, physics, and mathematics. Through Vortex, CM Labs provides capabilities for training simulators, mission rehearsal, serious games, virtual prototyping, and testing. Vortex customers include FMC Technologies, Allseas Group, Subsea7, Oceaneering, Forum Energy, MARIN Institute, and more than 100 other leading organizations. From Class A DNV ROV pilot simulators to drill deck simulators to crane simulators built to API, NORSOK, and OMHEC training guidelines, Vortex training solutions are used every day to prepare
Sonardyne Ranger 2 for Pioneering Spirit
Sonardyne’s Ranger 2 Ultra-Short Baseline (USBL) acoustic positioning system was selected by Allseas Group for the world’s largest pipelay and platform installation/decommissioning vessel, Pioneering Spirit, which was built by Daewoo Heavy Industries and measures 382 x 124m. Pioneering Spirit was named a “Great Ship of 2014” by Maritime Reporter & Engineering News, sister publication to MTR. The vessel is designed to be able to lift loads of 48,000 metric tons and has sufficient deck space to deliver or remove a complete topside module and jacket in one trip. The Ranger 2
Sonardyne’s Ranger 2 Chosen for Pieter Schelte
Sonardyne’s Ranger 2 Ultra-Short Baseline (USBL) acoustic positioning system has been selected by the Swiss-based Allseas Group for the world’s largest pipelay and platform installation/decommissioning vessel, Pieter Schelte. Built by Daewoo Heavy Industries in South Korea, at 382 meters long and 124 meters wide, Pieter Schelte is almost as long as the Empire State Building and as wide as London’s Big Ben is tall. When complete early next year, the vessel will be able to lift loads of 48,000 metric tons and has sufficient deck space to deliver or remove a complete topside
February 2025
