DNV, an independent energy expert and assurance provider, is performing due diligence to enable the financing of eight offshore wind projects on the United States’ Atlantic Coast. The announcement follows news from DNV’s Energy Transition Outlook 2024 report, which forecasts that about 10 GW of fixed offshore wind is set to be installed in the US between 2040 and 2050.

Reach Subsea has been granted funding of up to EUR 14.3 million from the EU Innovation Fund under the Net Zero Technologies initiative. 

Santos has announced the Darwin LNG joint venture operated by Santos (and in which Santos holds a 43.43 percent interest) has achieved financial close of new syndicated bank loan facilities totaling $800 million.

On October 1, 2024, Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies and John Christmann, Chief Executive Officer of APA Corporation, in the presence of Annand Jagesar, Managing Director of Staatsolie Maatschappij Suriname N.V., communicated the final investment decision officially by to the President of Suriname, Chandrikapersad Santokhi.

Vår Energi ASA reports resilient operational and financial results in line with guidance. The Company is poised for significant production growth over the next three quarters.

CorPower Ocean is announcing the largest single investment in its wave energy technology after securing EUR 32 million Series B1 funding (1st close).

NOR Offshore Rental (NOR) has made a further, multi-million-pound, investment in Sonardyne products for their rental pool as part of their expansion at NOR Ltd, their UK subsidiary office in Aberdeen. 

Hess Corporation has announced that the Federal Trade Commission (FTC) antitrust review of the Chevron-Hess merger has been completed, satisfying one of the closing conditions for the transaction.

Open Ocean Robotics (OOR), a maritime robotics and AI company transforming ocean monitoring, announces the close of a CA 2.8M investment round.

The 2023 edition of Dredging in Figures, an annual review of the global open dredging market by the International Association of Dredging Companies (IADC) is now available. The report serves as a resource to entities interested in the financial development of the dredging industry and its geopolitical drivers.

Equinor ASA has acquired 41,197,344 shares in Ørsted A/S (Ørsted), corresponding to 9.8% of the shares and votes in the company.

Strong confidence in the offshore vessel market has seen orders placed in the previous market upcycle re-activated to take advantage of renewed investor interest.

Evoy has been awarded €16 million as part of a substantial funding initiative from the EU's innovation fund. This funding will support the establishment of its new headquarters and production facility in Florø, Norway, marking a significant milestone in its commitment to advancing electric marine technology.

Fulkrum, a leader in inspection, expediting, auditing, and technical staffing services, is excited to announce the expansion of its service portfolio with the introduction of new offerings: Asset Integrity Management (AIM) Services.

Lime Petroleum AS has signed an agreement with OKEA AS (OKEA) to acquire OKEA’s 15% interest in the producing Yme Field in the Norwegian North Sea, for a post-tax consideration of $15.65 million. All related decommissioning costs to be transferred to Lime.