Milestones

Aberdeen based Marine technology company, Seall has secured a partnership deal with leading marine electronics service provider, Elcome, to expand its global footprint.

Bollinger Shipyards (“Bollinger”), the largest privately-owned and operated shipbuilder in the United States, that it has entered into an agreement to acquire VT Halter Marine, Inc. and ST Engineering Halter Marine Offshore (“STEHMO"), together a leader in the design, engineering, construction, and repair of complex, state-of-the-art vessels for government and commercial customers, from parent company ST Engineering North America, a leading technology, defense and engineering group.

World-leading emergency distress signal manufacturer Wescom Group has expanded their presence in the marine survival market with an exciting acquisition.

Kraken Robotics Inc., Canada’s Ocean Company, has signed a R&D contract with a global energy company which will provide $8 million of cash funding to Kraken’s Brazilian subsidiary over a 3-year period. Under this project, Kraken will continue development of Artificial Intelligence, Machine Learning software, and subsea autonomy solutions to intelligently analyze sensor data and learn how to respond to highly dynamic environments in the offshore oil and gas, wind, hydrographic, science, and defense industries. Due to customer confidentiality, further details cannot be released at this time.

SLB and Linde have entered into a strategic collaboration on carbon capture, utilization and sequestration (CCUS) projects to accelerate decarbonization solutions across industrial and energy sectors.

What is the Piranha Pond?

It is a “pitch party” where a select group of entrepreneurs has up to 5 minutes to convince a panel of investors to meet with them to further discuss their ventures.

Neptune Energy has been awarded Gold Standard status by the United Nation’s Environmental Programme (UNEP), in recognition of its ambitious plans to reduce methane emissions to net zero by the end of this decade.

Fugro and AD Ports Group formalized a collaborative relationship through the signing of an agreement that sets out combined goals to utilize remote and autonomous technologies in the region.

Stress Engineering Services, Inc. (Stress), a global leader in delivering complex engineering services and solutions, has launched SES Renewables Solutions, a new group dedicated to providing engineering solutions across a broad range of renewable energy industries.

Offshore renewables engineering company, SLPE, has promoted Luke Jacques, Principal Engineer & Bid Manager, to Associate Director.

On October 6th, Seabin Foundation launched the world first Ocean Health Lab situated in its new home at the Australian National Maritime Museum in Darling Harbour.

Revenue was up by 17.4% on a currency comparable basis, fueled by ongoing high client demand across markets, most notably renewables, and to a lesser extent infrastructure.