DeepOcean Adds High-Spec Subsea Vessel to Its Fleet
(IMR), construction, and recycling of offshore oil and gas infrastructure.Orient Adventurer, formerly named Polar Onyx, is currently serving on an offshore wind contract in Southeast Asia, demonstrating its track record in offshore renewables. This builds on its extensive experience in conventional energy markets across various regions, from the North Sea to Brazil.The vessel is equipped with a 250-tonnes crane and a vertical lay system (VLS) with 275-tonne capacity, distinguishing it from most comparable vessels.DeepOcean will install two remotely operated vehicles (ROVs) in hangars. There is also an
Sulmara Nets $19M Investment for Low-Carbon Offshore Wind Services
Scottish subsea specialist Sulmara has secured an $18.9 million investment from BGF, one of the largest growth capital investors in U.K. and Ireland, to support the expansion of its survey and inspection services in the offshore wind and energy markets.BGF’s investment will support Sulmara’s growth trajectory, including further investment in new technologies such as uncrewed surface vessels (USVs), autonomous underwater vehicles (AUVs), next generation geophysical sensors and advanced data products.The Glasgow-headquartered business was founded in 2019 and has grown rapidly to more than
Kraken Robotics Reports Revenue Jump
quarter. During the quarter, we strengthened our balance sheet with a $20 million equity financing and $45 million of new committed credit facilities. The demand environment for our technology solutions has never been better and the opportunities we are seeing in both our defense and offshore energy markets continues to grow,” said Kraken President and CEO Greg Reid.Kraken says that industry demand signals are solid with an increasing focus on the surveillance and security of critical underwater infrastructure and subsea warfare driven by increased geopolitical tensions. Against this backdrop
MDL Opens Paris Office
second King’s Award for Enterprise in International Trade this year, underscores our dedication to excellence in supporting clients worldwide in solving their project challenges. “By establishing a presence in Paris, we enhance our ability to support both traditional and renewable energy markets – the latter reflected in another recent recognition, our Fit for Offshore Renewables status.&rdquo
Metron and Cellula Robotics Join Forces for UUV Long Duration Ops
Metron has signed a partnership agreement with Cellula Robotics to expand uncrewed underwater vehicle (UUV) capabilities for advanced operations in dynamic environments.The new agreement will leverage the expertise of both companies and address specific technical gaps in the UUV defense and offshore energy markets especially for long duration, multi-payload mission operations where communications are often denied or restricted.As part of the new alliance, Metron's Resilient Mission Autonomy portfolio will be integrated into Cellula's Solus and Imotus families of vehicles to deliver AI-enabled situationa
Tapping the Gas Bank in the Barents Sea
, with some modifications, could be used to transport both hydrogen and CO2. Storting White Paper Prop. 97 S (2022–2023) (Norwegian only) highlights energy supply security as more important than ever.Russia’s military invasion in Ukraine has had substantial consequences in global energy markets. The impact has particularly been felt in the gas market, with very high prices in import-dependent regions such as Asia and Europe.The situation was further escalated in September 2022, with shutdown of gas flow in the pipeline between Russia and Germany (North Stream 1).The situation in the
Aker Solutions, SLB, and Subsea 7 Create Subsea Joint Venture
," Aker Solutions said."Aker Solutions estimates 2023 revenues, excluding Subsea, to be about NOK 34 billion. This business has a solid order backlog of more than NOK 73 billion, providing strong visibility moving forward, and is well positioned to seize opportunities in rapidly changing energy markets," the company added
Construction Starts on First UK-German Power Link Project
Work has begun on a 2.4 billion pound (2.8 billion euro) project to build the first power cable linking Britain and Germany, said NeuConnect Interconnector, which is leading the move to connect two of Europe’s largest energy markets for the first time.The new energy link will extend over 725 kilometres (450 miles) in length, mostly under the sea, and will be one of the world's largest interconnector projects. The cables could transfer up to 1.4 gigawatts (GW) of electricity to flow in either direction between Britain and Germany, NeuConnect said in a statement on Wednesday.
Offshore Services Firm Acteon Names Bruggaier as New CEO
Acteon is now. I am honored to be asked to lead the team that forms Acteon today and which comprises first-class, highly dedicated individuals in all functions of the organization, some of whom I have worked with for years. Together, we will shape the future of Acteon through developing our legacy energy markets as much as focusing on the necessary energy transition that we have already been driving for over 20 years.”Offshore Engineer Magazine recently interviewed Acteon CEO Carl Trowell. Read the interview below:Acteon Preps for 'Mega-cycle' of Investmen
February 2025
