America’s marine economy contributed about $361 billion of the nation’s gross domestic product in 2020. That is according to the most current results of the annual Marine Economy Satellite Account released on June 9, 2022, by two Department of Commerce agencies, NOAA and the Bureau of Economic Analysis (BEA).

Chevron Corporation has announced a simplified organizational structure and senior leadership changes intended to strengthen execution and pace to deliver on the company’s objectives of higher returns and lower carbon.

On 27 February 2022, Equinor decided to start the process of exiting the company’s Joint Ventures in Russia.

Public exploration and production (E&P) companies are on track to shatter previous record profits this year as high oil and gas prices and surging demand drive financial success.

Ocean services provider DeepOcean announces revenues of USD 499.4 million in 2021, an increase of 42 percent versus the prior year (2020: USD 352.5 million).

TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “The Metals Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today released its first Impact Report detailing the Company’s past, present and expected future ESG impacts, while providing insight into the drivers of its efforts to collect nodules from the CCZ including the global scramble to meet an estimated six-fold increase in the production of metals required for the energy transition.

At its Capital Market Day in Berlin, Siemens Energy will be presenting analysts and investors with its strategic cornerstones for the coming years.

Equinor and Sval Energi have entered into an agreement for the sale of Equinor’s non-operated share in the Greater Ekofisk Area and a minority share in Martin Linge (19%).

Despite the difficult circumstances, Jan De Nul Group still achieved an annual turnover of more than 1.7 billion euro.

ExxonMobil said on Wednesday, May 25, 2022, that it plans to grow shareholder value by delivering solutions that help meet the global need for energy and for lower greenhouse gas emissions to address climate change.

Alturki Ventures, the venture capital arm of Saudi Arabian based Alturki Holding, has provided a significant growth capital investment in Acoustic Data, a U.K.-based global leader in wireless downhole technology.

Eurazeo announces that major steps have been taken by its Eurazeo Sustainable Maritime Infrastructure (ESMI) fund in its commitment to support the transition of the global maritime industry to a carbon-neutral economy by 2050, in line with the European Green Deal’s ambition.

Kent, a global leader in integrated energy services, has had a positive start to 2022 with some strategic project wins across the globe adding a total of over US$550 million to the company’s backlog. Some of the key project awards include:

TotalEnergies announces the signature of agreements with Global Infrastructure Partners (GIP) to acquire 50% of Clearway Energy Group (CEG), the 5^th US renewable energy player.

Neptune Energy will spend more than $1 billion¹ over the next five years securing energy supplies for the UK and speeding the transition to net zero.

Akselos, la eader in physics-based digital twins, announces a $16.5 million funding round, with participation from AT Capital Group, Future Energy Ventures, Japan Energy Fund and Shell Ventures.