Company Updates

Wison Offshore & Marine (WOM) announces that Wison Offshore Technology, Inc., a subsidiary of WOM, and Pilot LNG LLC (Pilot), developer of the Galveston LNG Bunker Port (GLBP) project, have reached an agreement whereby WOM has been awarded the Front-End Engineering and Design (FEED) contract for the project’s floating liquefaction unit (FLNG) which is to be located at a site on Pelican island, Galveston, Texas, USA.

Offshore Energy Exhibition and Conference (OEEC) will take place at RAI Amsterdam on October 26-27, 2021. The 14th edition of OEEC will have a physical exhibition floor and content program combined with an online event and matchmaking environment. As of today, it’s possible to book your stand directly on the floorplan.

Kraken Robotics Inc. Canada’s Ocean Company has entered into a non-binding letter of intent (the “LOI”) dated April 8, 2021 in connection with the proposed acquisition of PanGeo Subsea Inc. (“PanGeo”) from Cahill Innovation Inc, a member of the Cahill Group of Companies, and Argentum Asset Management AS. Moya Cahill, a director of Kraken, is a shareholder of Cahill Innovation Inc, and she resigned as a director of Kraken prior to the approval and execution of the LOI in order to ensure proper governance and review of the transaction by a fully arm’s length board.

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