Med Subsea Cable Project Applies to Resume Seabed Research
Greece said on Thursday the developer of an EU-backed undersea power cable scheme in the eastern Mediterranean has applied for a license to resume seabed surveying, key for the long-delayed project to move ahead.Construction of the Great Sea Interconnector (GSI) aims to link the European mainland to Cyprus and later Israel, but is opposed by Turkey.US Secretary of State Marco Rubio in Athens last week said the US was "very committed" to the project as it promotes energy supply diversification, necessary due to Russia's war in Ukraine and the situation in the Strait of Hormuz.Greece's
Fincantieri Acquires Subsea Telecommunications Specialist Xtera
in subsea telecommunications systems, through the joint venture between Prysmian (80%) and Fincantieri (20%).The transaction, announced in December 2025, marks a further step in the Group’s strategic development in the underwater sector and subsea infrastructure. Against a backdrop of growing demand for global connectivity, the expansion of data centers, and the accelerating pace of digitalization and artificial intelligence, subsea telecommunications networks are playing an increasingly vital role in ensuring the resilience of critical infrastructure and the continuity of digital flows.The addition
Taiwan Coast Guard Administration Acquires MARTAC Devil Ray T24 USVs
agreement to procurement.The terms of the deal involve a co-production model, with a number of USVs to be manufactured at one of MARTAC’s strategic partner’s facility in Edgewater, Florida, with the remainder built by Confucian in Taiwan. The Devil Ray T24 is a 27.5 foot (8.4 m) high-performance autonomous surface vessel capable of burst speeds exceeding 50 knots. The T24 is designed to support a wide range of missions for coast guard and military organizations operating in complex maritime environments.The co-production element of the deal is projected to create workforce development
Petrobras Picks TechnipFMC for Flexible Flowlines Delivery off Brazil
TechnipFMC has been awarded a subsea contract worth between $75 million and $250 million by Petrobras to supply flexible pipe systems for multiple pre-salt developments offshore Brazil.The contract, awarded following a competitive bidding process, covers the design, engineering and manufacture of flexible flowlines for use across several pre-salt fields.TechnipFMC said the work will draw on engineering, manufacturing and supply chain capabilities in Brazil.“This award highlights the confidence Petrobras continues to place in TechnipFMC's execution capabilities. Our industry-leading flexible
US Navy, Anduril Unveil $6.6B Shipyard Plan for Submarine Parts Production
, submarine components and autonomous underwater vessels.Under the Navy contract, payments of up to $2.9 billion will be tied directly to demonstrated production outcomes, while Anduril will provide the $3.7 billion private investment.Arsenal-2 will manufacture complex components and large-scale assemblies for Virginia-class attack submarines before delivering them to General Dynamics Electric Boat and Huntington Ingalls Industries' Newport News Shipbuilding for final assembly.The additional manufacturing source is intended to allow more submarine construction to take place in parallel and expand overall
Incat Crowther Joins HII on U.S. Navy ROMULUS USVs
Incat Crowther will provide naval architecture and design services to America’s largest shipbuilder HII for ROMULUS unmanned surface vessels (USVs) being built under the U.S. Navy's Medium Unmanned Surface Vessel (MUSV) program.HII has been awarded a U.S. Navy contract to build the vessels, with Incat Crowther supporting the program through its Louisiana-based team as a member of the ROMULUS project team.ROMULUS is a modular family of AI-enabled unmanned surface vessels based on HII's open-architecture Odyssey Advanced Autonomy Solutions and designed to address current and emerging U.
MRV Systems Receives $51.2m US Navy IDIQ
to the IDIQ, MRV is currently working with the US Navy on air deployment certification of a next-generation float.MRV traces its lineage back to Scripps Institute of Oceanography and is one of the largest providers of scientific floats to the worldwide Argo program. 2026 marks the 10-year anniversary for MRV as a dedicated technological partner of the United States Navy.MRV Systems joined General Oceans in April 2026 and expands the Group's capabilities in long-duration, autonomous data collection and strengthens its position as a global leader in underwater technology
Orcadian Terminates UK Offshore Data Center Development Deal
Energy and an unnamed U.S. offshore data center developer have terminated an agreement to jointly develop an offshore energy-to-compute project using gas resources from Orcadian's Earlham and Orwell discoveries in UK waters.The companies ended the agreement because the development scope and timeline for Earlham did not align with the U.S. developer's near-term deployment priorities, Orcadian said.The Earlham Gigagrid concept envisages using gas resources within Orcadian's P2680 license to provide power and infrastructure for offshore computing capacity, disconnected from the UK electricity
TMC Appoints Exxon Veteran Liam Mallon to Board Ahead of Deepsea Mining Push
The Metals Company said on Tuesday it has appointed former ExxonMobil upstream chief Liam Mallon to its board as the company advances plans to begin commercial recovery of polymetallic nodules in international waters under a U.S. seabed mining framework.Here are a few detailsThe move comes as the Trump administration signaled it is nearing approval for permits to mine the deep sea, part of a broader push to boost U.S. access to the critical minerals used across much of the country's economy.The miner in 2025 had asked the Trump administration to approve its plans to mine the internati
August 2026
