Ecosse Subsea Services Bags Bank Funding

Ecosse Subsea Services (ESS) has agreed a multi-million-pound revolving credit facility with full service bank ...

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UVic Gets Government of Canada Funding

University of Victoria’s (UVic) Ocean Networks Canada (ONC) has secured a five year $46.6 million investment from ...

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Atlantis Bags EU Funding for MeyGen Project

Atlantis has secured the award of €20.3 million from the European Commission for the next phase of the MeyGen tidal ...

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Rovco Gets Funding for Underwater 3D Modelling Tech

Rovco, an ROV services company, has secured Innovate UK funding which will enable it to carry out research and ...

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NSN Link Gets USD 519 Mln Financing

SACE and SIMEST (CassaDepositi e Prestiti Group), and BNP Paribas Corporate & Institutional Banking (CIB) have ...

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Kraken Gets Funding for Autonomous LARS Development

Kraken Sonar Systems said it will receive a non-refundable financial contribution of up to $485,000 from the ...

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FSP Secures Development Project Funding

Bergen-based Fjell Subsea Products (FSP) has received 5.2 million Norwegian Kroner in public funding. The project ...

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Carnegie Gets Funding for CETO Project in UK

Carnegie Wave Energy (CWE) has been granted GBP 9.55 million (USD 12 million) from the European ...

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Jee Secures Funding from Innovate UK for Excalibur

Innovate UK has awarded Jee a GBP 75k in funding to develop a conceptual design of its ‘Excalibur’ system, a subsea ...

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Airborne Oil & Gas Welcomes New Shareholder

Airborne Oil & Gas (AOG) has raised EUR 23 million in a series C investment round from both new and existing ...

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Carnegie Gets ARENA Funding for Its Microgrid Project

Wave energy developer Carnegie Wave Energy Limited has been awarded $2.5 million from the Australian Renewable ...

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EBRD Boosts Turkey’s Subsea Cable Project

The European Bank for Reconstruction and Development (EBRD) is funding Turkey’s investment in a new fibre-optic ...

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Subsea Meets Aquaculture Project Goes to Phase 2

GCE Subsea and NCE Seafood Innovation have secured funding for the second phase of a project to explore the ...

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WHOI Gets Funding for Ocean Research

The Gordon and Betty Moore Foundation have provided $250,000 funding to support Woods Hole Oceanographic ...

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'Subsea Power Hub' Developers Get £1M Funding Boost

East Coast Oil and Gas Engineering (EC-OG) has secured over £1 million of external investment from Castle View ...

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ORPC Ireland Bags Horizon 2020 Funding

Ocean Renewable Power Company (ORPC) Ireland has been selected for European Commission’s Horizon 2020 programme ...

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Norway to Back Subsea R&D Projects

Research fund of Western Norway has announced another NOK 10 million in pre-project funding, with focus on energy, ...

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INSITE Funding for North Sea Research Awarded

Funding worth GBP 1.8 million (USD 2.5 million) has been awarded to a group of European scientific institutions as ...

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Kraken Secures $500K Canada Backing

Kraken Sonar’s wholly-owned subsidiary, Kraken Sonar Systems Inc., will receive a non-refundable financial ...

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Ireland Backs Marine R&D Projects

The Minister for Jobs, Richard Burton, together with the Minister for Research, Innovation and Skills, Damien ...

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Seabras-1 Subsea Link Project Gets Full Funding

Seaborn Networks has completed its US$500 million project funding for Seabras-1, a new transoceanic subsea fiber ...

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