Milestones

Corvus Energy, the leading provider of marine battery and fuel cell systems, is pleased to announce that their Corvus Orca Energy Storage System has received Type Approval from the Japanese class society, ClassNK.

Mooreast Holdings Ltd. (“Mooreast”) has secured an order to supply its proprietary anchors for a pre-commercial floating offshore wind farm. Located off the French coast of Port-La Nouvelle and Gruissan in Southern France, Eolmed is a project developed by Qair, a European independent energy company, with TotalEnergies and floating technology supplier BW Ideol.

The current CEO, Alberto Maestrini will remain in his position as Chairman of the Board. He will continue to lead the Offshore and Special Vessels business in Fincantieri which VARD is part of and through this continue to support Vard’s integration in the Fincantieri Group.

Edda Wind is pleased to announce that it took delivery of C416 from Astilleros Balenciaga on March 26, 2024. This new addition to Edda Wind’s fleet signifies a pivotal moment in advancing sustainable energy solutions.

The multinational inspection, certification, ship classification and engineering consultancy, RINA, has awarded Kindon New Energy Technology (Jiangsu) Co., Ltd. the Approval in Principle (AiP) for its innovative green methanol offshore production platform solution. Produced entirely offshore, the methanol is derived from renewable CO2 through DAC (Direct Air Capture) technology and green hydrogen from offshore wind power water electrolysis technology.

GeoAcoustics is pleased to announce that Dave Holland has been appointed as its new Chief Technology Officer (CTO). Dave, a hydrographic, geophysical, and oceanographic survey industry veteran, joins GeoAcoustics in this newly created position with the responsibility of steering development of the highly regarded GeoSwath bathymetric sonar, GeoPulse sub-bottom profiler and Pulsar side scan sonar product ranges.

Austal Limited (Austal) confirms it has received an unsolicited, conditional and non-binding indicative proposal from Hanwha Ocean Co., Ltd. (Hanwha) to acquire Austal by way of a scheme of arrangement (Indicative Proposal). Under the Indicative Proposal, Austal shareholders would receive $2.825 cash per Austal share.

On March 28, 2024, TotalEnergies’ 100,000 employees in 120 countries worldwide were pleased and proud to celebrate the 100th anniversary of the Company’s creation. TotalEnergies’ 100-year history tells the story of the world and energy, from the 1920s to the present day.

Oceaneering announces that its Rosyth, Scotland, cable manufacturing facility has successfully achieved “Fit 4 Offshore Renewables” (F4OR) Granted Status by the Offshore Wind Energy Council (OWEC) and ORE (Offshore Renewable Energy) Catapult, a leading UK technology innovation and research center for offshore renewables.

SLB announced an agreement to combine its carbon capture business with Aker Carbon Capture (ACC) to support accelerated industrial decarbonization at scale.

Thistle Wind Partners (TWP), a consortium involving DEME, Qair, and Aspiravi, has awarded Ramboll the contract for pre-FEED (Front-End Engineering Design) of the foundations for its Bowdun project.

Ocean Power Technologies, Inc. (OPT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, announced the largest quantity order in the company’s history, marking a significant commercial milestone. A valued customer engaged in the offshore energy service industry in Latin America has placed purchase orders for multiple WAM-V USV's, representing a substantial investment totaling over $1.5 million and highlighting OPT’s continued expansion in the region.