Deep Wind Offshore brings in a new investor, Octopus, to accelerate international expansion and strengthen Norwegian projects. This investment by Octopus will be funded purely by UK pension capital. The announcement is part of Octopus' plan to invest $20 billion in offshore wind investments over the course of this decade.

Transocean Ltd. announces that Oil and Natural Gas Corporation Ltd awarded the Dhirubhai Deepwater KG1 a binding Notification of Award for work offshore India.

Worley has entered into an agreement with Airswift Group (Airswift) to sell its global recruitment and contractor management company, Energy Resourcing Group (ERG), as part of its ongoing portfolio management.

ThayerMahan, a world leader in autonomous maritime surveillance solutions, closed $30 million in a Series C round, led by the MC2 Security Fund (MC2).

Norway and the UK have overcome recent challenges and are on course to achieve significant milestones due to notable increases in investments, exploration success and production. Solid oil and gas production from the region is also providing indispensable resources to Europe and the rest of the world navigating through the energy transition.

Expro, a leading provider of energy services, has entered into a definitive agreement (subject to customary closing conditions and working capital adjustments) to acquire offshore services provider, PRT Offshore.

Scottish engineering business ACE Winches has reported an outstanding financial performance with a near-50% increase in turnover to £42 million according to newly released Company accounts.

Bedrock, a leading vertically integrated seafloor data acquisition and distribution platform, has secured $25.5 million in its Series A funding round, bringing its total funding to date to $33.5M.

Kraken Robotics Inc. has received contracts totalling $2.7 million for subsea batteries and synthetic aperture sonar systems (SAS).

Nauticus Robotics, Inc., a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, announces it has been awarded an additional $2.1 million under its current contract with Leidos , a FORTUNE 500® science and technology leader.

Crown LNG Holdings AS (“Crown” or the “Company”), a leading provider of offshore liquefied natural gas (“LNG”) liquefaction and regasification terminal infrastructure for harsh weather locations, has entered into a business combination agreement with Catcha Investment Corp (“CHAA” or “Catcha”) (NYSE American: CHAA).

STATS (UK) Ltd has executed a Share Purchase Agreement to sell 100% of the issued share capital of the Company to Mitsui & Co., Ltd. (Mitsui).

Much has been written in recent months about the increase in offshore rig utilization and dayrates.

MIND Technology, Inc. has sold its Klein Marine Systems ("Klein") unit for cash consideration of $11.5 million to General Oceans, Inc. ("General Oceans"), a subsidiary of General Oceans AS. Pursuant to the transaction, MIND has licensed its Spectral Ai software suite ("Spectral Ai") to General Oceans for certain applications, particularly side-scan sonar.

Family-owned investment firm Danos Ventures (DV) is actively seeking acquisition opportunities in the energy sector. DV is building a diverse strategic portfolio that increases its ability to service customers and provide career development opportunities for employees.

Persistent claims of chronic underinvestment in the global oil and gas industry are overblown, Rystad Energy research and analysis shows. Investments in the upstream sector have tumbled since spending peaked at $887 billion in 2014, with about $580 billion expected to be invested this year.