SBM Offshore announces it has signed the project financing of FPSO Alexandre de Gusmão for a total of US$1.615 billion.

America’s marine economy contributed a total of $432 billion in economic impact in 2021, making up nearly 2% of the nation’s gross domestic product (GDP).

Nauticus Robotics, Inc. (NASDAQ: KITT), a developer of ocean robots using artificial intelligence for data collection and intervention services, is set to join the Russell Microcap^® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, according to a preliminary list of additions posted May 19.

Diamond Offshore Drilling, Inc. (NYSE: DO) has reported the following results for the first quarter of 2023:

Cadeler A/S (OSE: CADLR) (“Cadeler”) and Eneti Inc. (NYSE: NETI) (“Eneti”), two offshore wind turbine and foundation installation companies, announces that they have entered into a business combination agreement to combine (the "Combination") through a stock-for-stock exchange offer to be made to all stockholders of Eneti based on an exchange ratio of 3.409 Cadeler shares for each Eneti share (the “Exchange Offer”).

Kongsberg Digital Holding ASA, a business area within KONGSBERG, has raised USD 90 million in investment from Shell Ventures and Idékapital. The funding and new investors will support and accelerate the future growth and development of Kongsberg Digital.

Nauticus Robotics, Inc., a developer of autonomous robots using artificial intelligence for data collection and intervention services to the ocean industries, has announced results for the first quarter ended March 31, 2023.

Kraken Robotics Inc. announces that it has received a purchase order for subsea batteries valued at $16 million. Deliveries will occur in 2023 and 2024. The purchase order includes a significant advance payment.

In an offshore wind cost inflation survey of industry players by Westwood Global Energy Group (Westwood), nearly three quarters of respondents indicated that they had begun to review the viability of their projects in light of recent cost increases, with over 90% indicating that decision making had slowed as a result.

Kraken Robotics Inc. has filed financial results for the quarter ended March 31, 2023 (“Q1 2023”). "With more than $120 million of large contract wins since the beginning of 2022, we are seeing an acceleration in end market demand driven mainly by a heightened geopolitical focus on maritime security and growth in offshore renewable energy," said President and CEO Greg Reid.

Sir Jim Ratcliffe, Founder and Chairman of INEOS has told his Forties Pipeline System (FPS) business that the government’s decision to impose a 75% windfall tax on North Sea operators threatens investment in the whole basin.

Growing demand for Aker Solutions’ offerings for the energy industry is reflected in a record-high order backlog and high tendering activity.

Akselos SA, a creator of a pioneering engineering simulation technology, announced it has received an investment from GRO, a leading Northern European private equity firm, to accelerate organizational expansion, global commercial scaling, and product leadership.

The maritime dredging and offshore sector remain the cornerstone of Jan De Nul Group’s activities account for 81% of the total turnover of the Group.

Nauticus Robotics, Inc., a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean economies, has been awarded an additional $2.7 million under its current contract with Leidos Holdings, Inc., a FORTUNE 500®science and technology leader.

Equinor (operator), Repsol Sinopec Brasil and Petrobras have taken the investment decision to develop the BM-C-33 project in Brazil. The investment is of approximately USD 9 billion.