Nauticus Robotics, Inc. (NASDAQ: KITT), a developer of ocean robots and artificial intelligence for autonomous services to the offshore industries, has entered into a senior secured term loan agreement (the "Term Loan Agreement") with existing stakeholders, Transocean (NYSE: RIG), ATW Partners, Material Impact, and RCB Equities (collectively, the "Lenders").
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Harvest Technology Group Limited, a market leader in remote operations technology, has successfully completed a milestone project in the North Sea, partnering with leading LiDAR technology experts 3D at Depth to deliver remote metrology services for a leading global subsea services company.
CRP Subsea, an AIS company, has been awarded a contract by Ørsted to provide NjordGuard, an integrated cable protection system, for the Greater Changhua 2b & 4 offshore wind farms in Taiwan. Under this contract CRP Subsea will supply a total of 142 NjordGuard cable protection systems, which will protect all inter array and export cables on the projects.
Ocean Infinity, a pioneering company creating and using robotic technology to transform operations at sea, has announced the signing of a landmark contract with Equinor Wind US LLC for one of the first-ever floating offshore windfarms on the US West Coast.
Nauticus Robotics, Inc., a developer of ocean robots and artificial intelligence for autonomous services to the offshore industries, announces its entry into a service contract with Shell plc. The initial scope of work includes inspection services on a Shell subsea field development in the Gulf of Mexico, and the contract contemplates visible future inspection service projects.
Forum Energy Technologies (FET) has introduced a new tooling rental offering for remotely operated vehicles (ROVs) in response to the changing demands of the subsea sector.
Nauticus Robotics, Inc., a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean economies, announces that it has signed a memorandum of understanding (“MOU”) with MMA Offshore Limited (“MMA Offshore”), a global provider of high-specification vessels and a comprehensive suite of marine and subsea services to the offshore energy sector, government and defense, and wider maritime industries.
Owners of the world’s largest fleet of Saab UK’s Seaeye Falcons, Underwater Contracting (UCO), has ordered a further six Falcons, boosting their fleet to 33 vehicles.
TDI-Brooks successfully completed phase four of a deepwater geotechnical coring and CPT project for DenAr Ocean Engineering S.A. TDI-Brooks utilized their Jumbo Piston Cores (JPC) and CPT Stinger geotechnical tools and operators to the ongoing project off Turkey in the Black Sea.