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(OE) Nauticus Robotics, a U.S. developer of autonomous vehicles and robots for data collection and intervention services for offshore industries, has secured fresh funding for its operations and appointed new executive management team. The new investment was secured before the close of 2023 and eliminated many of the dilutive warrants and ratchet provisions of the... Continue Reading →
(OET) Norway’s DOF has performed its first-ever offshore ROV mission piloted from onshore, an operation that the company sees as a significant milestone. “I’m enthusiastic about the successful implementation of ROV remote operations and the positive impact this will have on our company’s future. Going forward, we will mature the technology further and commercialise it... Continue Reading →
(OW) OEG Energy Group (OEG) has signed a Sale and Purchase Agreement (SPA) to acquire Dutch subsea and topside services specialist Bluestream Offshore. The acquisition is expected to increase OEG’s subsea and topside capabilities while expanding its operating footprint to be able to pursue further opportunities in the growing offshore renewable industry. Bluestream has a... Continue Reading →
Aker Capital AS has acquired 8,240,000 shares in Solstad Offshore ASA, at an average price of NOK 48.45 per share. Following the transaction, Aker Capital holds 27,089,493 shares in the company, corresponding to an ownership interest of approximately 32.9%.Aker Capital AS is 100% owned by Aker ASA and represented on the board of the company by Frank Ove Reite.... Continue Reading →
(OET) The Netherlands-headquartered geo-data specialist Fugro has reached a binding agreement for the acquisition of the remaining shares in SEA-KIT International. The two players have enjoyed a long-standing relationship in the development of hi-tech uncrewed surface vessels (USVs) for low-carbon emission maritime operations and research. While revealing the deal to acquire the full ownership of SEA-KIT... Continue Reading →
(OE) Nauticus Robotics, a developer of autonomous vehicles and robots for data collection and intervention services for offshore industries, has agreed to acquire 3D at Depth, a specialist in commercial subsea laser LiDAR (Light Detection and Range) inspection and data services. Nauticus Robotics will acquire 3D at Depth for approximately $34 million in stock, before... Continue Reading →
U.S.-based developer of ocean robots Nauticus Robotics has secured term loan financing of up to $20 million from existing investors that will be used to bolster the commissioning and commercialization of its fleet. Nauticus Robotics entered into a senior secured term loan agreement with existing stakeholders Transocean, ATW Partners, Material Impact, and RCB Equities which provides the... Continue Reading →
(OE) Argeo, a provider of robotic and digital solutions for the ocean space, and Shearwater GeoServices, a global provider of geophysical marine seismic acquisition and processing services, have entered a strategic alliance for innovating and pioneering new technology and products across the subsea and marine seismic markets. The alliance said it aimed to drive innovation across... Continue Reading →
(OE) ROV-specialist Forum Energy Technologies (FET) has launched a new tooling rental offering for remotely operated vehicles (ROVs) in response to the changing demands of the subsea sector. "With increasing ROV asset investment across hydrocarbon and offshore renewable energy, as well as defense sectors, FET’s new rental offering is designed to address the need for... Continue Reading →
(OE) Kraken Robotics Inc. has announced solid financial results for the quarter ended June 30, 2023. Products revenue in the quarter was $10.5 million, an increase of 24% over the comparable quarter. The increase was the result of continued sales of KATFISH, subsea batteries, work with the Canadian Navy on its RMDS program as well... Continue Reading →
Brazil Energy Insight 