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.

In an offshore wind cost inflation survey of industry players by Westwood Global Energy Group (Westwood), nearly three quarters of respondents indicated that they had begun to review the viability of their projects in light of recent cost increases, with over 90% indicating that decision making had slowed as a result.

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).

On behalf of Copenhagen Infrastructure Partners (CIP), Managing Partner Jacob Baruël Poulsen on June 21, 2023, signed an Investment Notification Form in the presence of the Republic of Korea's President Yoon Suk-Yeol committing to investments of USD 350 million into offshore wind projects in Korea.

Akselos SA, a creator of a pioneering engineering simulation technology, announced it has received an investment from GRO, a leading Northern European private equity firm, to accelerate organizational expansion, global commercial scaling, and product leadership.

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.

SBM Offshore announces it has signed the project financing of FPSO Alexandre de Gusmão for a total of US$1.615 billion.

America’s marine economy contributed a total of $432 billion in economic impact in 2021, making up nearly 2% of the nation’s gross domestic product (GDP).

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

Nauticus Robotics, Inc. (NASDAQ: KITT), a developer of ocean robots using artificial intelligence for data collection and intervention services, has announced its addition to the Russell Microcap^® Index at the conclusion of the 2023 annual reconstitution, effective after the US market opens today on June 26, 2023.

Cadeler A/S (OSE: CADLR) (“Cadeler”) and Eneti Inc. (NYSE: NETI) (“Eneti”), two offshore wind turbine and foundation installation companies, announces that they have entered into a business combination agreement to combine (the "Combination") through a stock-for-stock exchange offer to be made to all stockholders of Eneti based on an exchange ratio of 3.409 Cadeler shares for each Eneti share (the “Exchange Offer”).

Kongsberg Digital Holding ASA, a business area within KONGSBERG, has raised USD 90 million in investment from Shell Ventures and Idékapital. The funding and new investors will support and accelerate the future growth and development of Kongsberg Digital.