Advanced Ocean Systems (AOS), a US-based Small Business offering autonomous and remote systems development capabilities to the ocean industry, has announced the acquisition of Ocean Specialists, Inc. (OSI), effective January 1, 2024. OSI joins SeaRobotics and Okeanus Science & Technology under the AOS umbrella.
Seatrium is pleased to announce the official signing of the Project Agreement with TCOMS - Technology Centre for Offshore and Marine, Singapore for the development of a Semi-Submersible Wind Platform Design under the ENFORCE—Enabling Future Systems for Offshore Wind ResourCEs Program.
Unseenlabs, a France-based company and global leader in maritime surveillance through detection and geolocation of radio frequency signals from space, announces the closure of an exceptional fundraising round of €85 million. This operation, one of the largest in the space industry, confirms the global interest in Earth observation and marks a new milestone in Unseenlabs’ development. This new funding round brings together new leading investors: Supernova Invest, ISALT via its Strategic Transition Fund, and UNEXO.
Hexicon AB (Hexicon) signed a Sales and Purchase Agreement (SPA) to take full ownership of MunmuBaram Co., Ltd. from its joint venture partner Shell Overseas Investments B.V. Under the agreement, Hexicon AB will increase its stake in the project from 20% to 100%, increasing the project portfolio by 900 MW. Completion of the transaction is subject to regulatory approval.
JERA Co., Inc. (JERA) announced it entered into a sale and purchase agreement with Woodside Energy Group Ltd. (Woodside), a major Australian energy company, to acquire a 15.1% participating interest in the Scarborough gas field development project (the Project). The total consideration of the acquisition of the Project is estimated to be approximately $1.4 billion, which comprises the purchase price and reimbursement to Woodside for JERA’s share of expenditure incurred up to completion. Completion of the transaction is subject to conditions, including obtaining permits and approvals.
Ørsted has signed a memorandum of understanding (MoU) with Incheon Metropolitan City, Korea, to cooperate on developing a world-class offshore wind power industry in the region. The aim of the agreement is to establish a successful local wind power industry driven by Ørsted’s 1.6 GW offshore wind project off the coast of Incheon.