Equinor ASA EQNR has awarded a long-term subsea inspection, maintenance and repair (IMR) contract to DeepOcean, a subsea services provider based in Norway, to support its operational activities in the ...

A Scottish company is planning to build a fleet of uncrewed submarines to tap into the $3 billion subsea services market. HonuWorx plans to deploy a fleet of 50 electric-powered robotic submarines to ...

Scottish subsea energy management company Verlume and Canada-based marine technology firm Kraken Robotics have teamed up to bring military-grade battery technology to the commercial offshore energy ...

A collaborative venture brings renewable wave power, flexible energy storage and energy technology on an electrifying journey to the bottom of the sea. In August 2023, an alliance of technology ...

AUSTIN, Texas--(BUSINESS WIRE)--Terradepth, a pioneer that is pushing the boundaries of ocean exploration with complete ODaaS (Ocean Data as a Service) solutions and autonomous underwater vehicles ...

Their super-major projects are in their early stages. Margins and profits are already growing, but they will grow much more when the big projects mature. The key thing to keep in mind is always that ...

Rystad Energy’s latest report offers an optimistic outlook for the global subsea market, projecting capital investments to surpass $42 billion by 2027. This growth is anticipated to be fueled by ...

Azerbaijan will begin a series of subsea operations next week at several wells in the Deepwater Gunashli area of the ...

Norwegian Ocean services provider DeepOcean is close to finishing a contract from TotalEnergies involving the disconnection and towing of the Gryphon Alpha floating production storage and offloading ...

The global offshore energy industry is undergoing a period of profound transformation. From the deployment of advanced subsea infrastructure to the integration of renewable and low-carbon technologies ...