Kraken Robotics Inc. announces it has filed its financial results for the quarter and year ended December 31, 2022. Additional information concerning the Company, including its consolidated financial statements and related management's discussion and analysis ("MD&A") for the quarter and year ended December 31, 2022, can be found at www.sedar.com. Unless otherwise stated, all dollar amounts are Canadian dollar denominated.
The latest analysis from McKinsey & Company (McKinsey) reveals that over the past 12 years approximately half of oil and gas M&A deals have lost shareholder value.
ROVOP, one of the world’s largest independent remotely operated vehicle (ROV) solutions providers, announces a new $25 million senior secured credit facility with Cordiant Capital (Cordiant), the specialist global infrastructure & real assets manager.
Southeast Asia will be a hotbed for upstream mergers and acquisitions (M&A) in the next two years, with more than $5 billion of assets up for grabs, Rystad Energy research shows.
Copenhagen Infrastructure Partners (CIP) is joining the Global Offshore Wind Alliance, an international coalition founded by the Government of Denmark, the International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) to help countries transform their economies using offshore wind power.
Ocean services provider DeepOcean delivered another year of profitable growth in 2022. High demand for the company’s services across offshore industries means that the company entered 2023 with strong momentum and a significantly improved order backlog.
SBM Offshore has signed the project financing of FPSO Almirante Tamandaré for a total of US$1.63 billion.
Neptune Energy announces it provided record levels of support for European economies, with activities contributing $4.8 billion gross value added (GVA) and supporting more than 9,200 jobs.
The transaction covers the export and installation of advanced high-voltage subsea cables for the Moray West wind farm off the coast of Scotland. Export Finance Norway (Eksfin)’s global portfolio of loans and guarantees covering Norwegian exports to offshore wind projects has swelled to NOK 15bn since 2019.
The 2023 Louisiana Energy Conference will be held in-person Tuesday afternoon May 30 through Thursday, June 1, 2023, at The Ritz-Carlton, New Orleans at 921 Canal Street.
The global smart ports market is set to garner US$ 16 billion by 2033, surging ahead at 20.4% CAGR from 2023 to 2033. A smart port is an automated port that uses cutting-edge technologies such as artificial intelligence (AI), the internet of things (IoT), and blockchain to improve its operation.
The offshore oil and gas (O&G) sector is set for the highest growth in a decade in the next two years, with $214 billion of new project investments lined up. Rystad Energy research shows that annual greenfield capital expenditure (capex) broke the $100 billion threshold in 2022 and will break it again in 2023 – the first breach for two straight years since 2012 and 2013.
MIND Technology, Inc. (NASDAQ: MIND) ("MIND" or the "Company") today announced financial results for its fiscal 2023 fourth quarter and year ended January 31, 2023.
The HyVelocity Hub team announced that it has applied for funding from the U.S. Department of Energy’s (DOE) $8 billion Regional Clean Hydrogen Hubs to rapidly scale clean hydrogen supply and demand along the U.S. Gulf Coast in Texas and Southwest Louisiana, and help deliver affordable, reliable, and abundant clean energy and well-paying jobs to local communities.
Public financing of ocean energy must be designed to create a 'pull' for private investment in a global market that could reach 350 Gigawatts by 2050, says a new report co-authored by the International Renewable Energy Agency (IRENA) and Ocean Energy Europe (OEE).
The Biden-Harris administration has released the President’s Budget for Fiscal Year (FY) 2024. The budget reflects the Administration’s commitment to ongoing efforts vital to the Bureau of Ocean Energy Management’s (BOEM) mission, which include advancing renewable energy, creating good-paying jobs with a free and fair chance to join a union, bolstering energy security, supporting economic prosperity, and ensuring the reliability and affordability of domestic clean energy.
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