SCHOTTEL Marine Technologies merges German and UK ops with focus on floating offshore renewables

(OET) SCHOTTEL Marine Technologies, the new company name for Germany’s AQUOS SCHOTTEL Marine Technologies and Scotland’s Swift Anchors, has integrated its operations to ramp-up deployment of its anchoring solutions for floating offshore renewables. The move comes in an effort to exploit the growing business opportunities in offshore renewables, and in particular within the floating offshore wind sector,... Continue Reading →

US government to fund research to improve offshore wind and marine energy deployments

(OET) The US Department of Energy (DOE) and the Department of the Interior (DOI) have unveiled plans to collaborate and jointly fund research to further support durable and environmentally responsible offshore wind and marine energy deployments in the United States. The agencies will launch the upcoming funding opportunity through Wind Energy Technologies Office (WETO), Water... Continue Reading →

Petrobras signs agreements with Chinese companies

Petróleo Brasileiro S.A. – Petrobras informs that a mission was carried out to China, during which Petrobras CEO Jean Paul Prates met with CEOs of Chinese companies and signed cooperation agreements in the energy sector, as specified below: MoU with China National Offshore Oil Corporation - CNOOC, in order to extend collaboration and explore the... Continue Reading →

Kraken Robotics Reports Strong Q2

(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 →

TGS Partners with Apparition Geoservices

(OE) TGS announced a collaboration agreement with Apparition Geoservices to jointly provide integrated, encoded simultaneous source acquisition solutions to drive the next level of efficiency in seismic surveys. During the agreement term of four years, TGS and Apparition will collaborate through joint research, development and testing to fully commercialize Apparition technology in ocean bottom node,... Continue Reading →

Cadeler Reports Strong Results, Outlook

(OE) Cadeler A/S published its interim financial report for the first half of 2023 presenting a positive result exceeding the guidance projected for the fiscal year 2023. Revenue in the first six months of 2023 was EUR 68 million, which is an increase of 57% against the same period last year. Adjusted EBITDA for the first half of... Continue Reading →

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