Saipem has been awarded new contracts in Guyana and Egypt for a total amount of approximately 1.2 billion USD. The first contract has been awarded by ExxonMobil Guyana, subject to government approvals, for the UARU oil field development project, located in the Stabroek block offshore Guyana at a water depth of around 2,000 meters.

Innovators and talent from across the UK’s underwater industry have been named on the shortlist for the 2023 Subsea Expo Awards. The prestigious awards ceremony, organised by the Global Underwater Hub, will take place on February 22, 2023, at P&J Live in Aberdeen.

Flying kites underwater to generate electricity is an innovative renewable energy concept being installed in the Faroe Islands, supported by SJH Diving and their new Saab Seaeye Falcon. The subsea kite turbine is a unique concept created by developer Minesto to generate electricity in tidal streams and ocean currents using the principle of flying a stunt kite in the wind.

The global ocean technology community will reunite in Southampton in April as Ocean Business, one of the leading shows for marine industries, launches its 2023 edition. With four months to go, all of the exhibition space has already been sold for what promises to be the biggest event yet, bringing together record crowds from around the world.

Babcock International’s Rosyth shipyard has been awarded £45 million to maintain the UK’s fleet of scientific research vessels, including the National Oceanography Centre (NOC) operated RRS Discovery and RRS James Cook.

The Teledyne Marine TSS SATURN navigation gyrocompass product range is the first to be approved to carry the UK ‘Red Ensign’ mark of conformity for installation onto UK-registered ships.

SEA-KIT International has announced its first Uncrewed Surface Vessel (USV) export sale to ThayerMahan, a world leader in autonomous maritime solutions based in Connecticut, USA.

Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, announced it has been awarded a prime contract with the Government of Canada to provide Remote Minehunting and Disposal Systems (RMDS) for the Department of National Defense (DND). The contract consists of an estimated 24-month acquisition program followed by an initial five-year Integrated Logistics Support (ILS) program, which includes options for additional equipment, spare parts, training, and technical support. Formal contract signature and kickoff of the Acquisition program will occur in January 2023. If all options in the Acquisition and ILS programs are selected, the total value will exceed $50 million, consisting of approximately $40 million for Acquisition and $10 million for ILS. Kraken expects margins on this program to be in line with our historical corporate averages. Progress payments will be made over the 24-month term of the acquisition contract.

International subsea equipment rental and solutions specialist Ashtead Technology has further expanded its mechanical solutions service offering with the acquisition of Hiretech.

For the first time ever, OCEANS will be hosted in Ireland. The conference topic is "BLUE OCEAN PLANET EARTH". Join us in Limerick from 5-8 June 2023. Do not forget to submit your abstract! Deadline, 20 December, 2022.

Zelim, an Edinburgh based start-up pioneering unmanned search and rescue solutions, including the world's first remotely operated rescue vessel, has secured £2.3m equity investment. Most of the funding comes from lead investor, Kero Development Partners and Aberdeen based I7V, who are following initial investment in Zelim’s seed round in 2020.

Global Underwater Hub has announced that registration for Subsea Expo 2023, its annual showcase of underwater technology, has opened.

Defense technology company Anduril Industries today announced $1.48 billion in Series E funding, valuing the company at $8.48 billion, nearly doubling the company’s previous valuation in June 2021. The new funding will enable Anduril to accelerate research and development to bring new, cutting edge, autonomous defense capabilities to the market and continue to mature and scale its current business lines with the US Department of Defense as well as US allies and partners.

A £15.4 million contract for a cutting-edge crewless submarine has been awarded to Plymouth firm MSubs by the Royal Navy. Project Cetus will deliver the largest and most complex crewless submarine operated by a European Navy.

Greensea Systems Inc. (Greensea) and Blue Ring Imaging (Blue Ring) have announced a new collaboration that is set to open up the floodgates for rapid Augmented Reality (AR) and Virtual Reality (VR) development to enhance Greensea pilot/operator performance in the subsea sector.

Seatronics, a brand in Acteon’s Data and Robotics Division, has begun the final installation and commissioning phase in the first sale of two Mine Identification and Detonation Solutions (MIDS) to Israeli company Elbit Systems Ltd, one of the world’s largest defence contractors. The MIDS is the first truly multi-shot, configurable mine disposal solution that can detonate multiple charges acoustically, using state-of-the-art technology, without having to sacrifice itself.

Fugro Quest, a state-of-the-art vessel equipped with advanced deep-water technology, is the newest addition to Fugro’s geotechnical vessel fleet. Fugro uses this type of vessel to determine the exact composition of the soil; the resulting data are essential to establish the optimal location and design of offshore developments, such as wind farms. The vessel provides increased personnel and operational safety, whilst its energy efficient design results, on average, in significantly lower fuel consumption than for other geotechnical vessels. Moreover, its ability to take hydrotreated vegetable oil (HVO) biofuel and remote operations and data processing capabilities support sustainable operations.

A global leader in the provision of marine unmanned systems, Teledyne Marine – Vehicles announces that the Ministry of Defence of Poland has procured, through Remontowa Shipbuilding three additional GAVIA Autonomous Underwater Vehicles (AUV) for its next batch of Kormoran II Class new MCMVs. The anticipated delivery of three systems will be added to the current GAVIA AUV fleet, which has been successfully operated by the Polish Navy for Naval Mine CounterMeasures (NMCM) since 2015.