TMC News

Vard Selects TMC to Equip Prysmian’s Newbuild Cable Laying Vessel

May 08, 2024

Norwegian shipbuilder Vard has hired TMC Compressors (TMC) to supply a complete marine compressed air system to a newbuild cable laying vessel being built for Prysmian.Under the contract, whose value was not disclosed, TMC will deliver a marine…

Palfinger to Supply Major Equipment Package for Prysmian’s New Cable Layer

Jun 05, 2024

Palfinger Marine, an Austrian manufacturer of hydraulic lifting, loading, and handling systems for marine applications, has been contracted to supply a major equipment package for a new cable laying vessel, under construction at Vard for Prysmian…

MODEC Picks TMC Compressors for Errea Wittu FPSO

Apr 03, 2024

TMC Compressors (TMC) has secured a contract to supply a large capacity marine compressed air system to MODEC’s FPSO Errea Wittu, set for deployment at ExxonMobil’s Uaru field offshore Guyana.TMC said it will manufacture and assemble the equipment in Europe…

Miko Marine Gets MODEC’s Errea Wittu FPSO Job

Apr 15, 2024

Norwegian company Miko Marine has secured a contract from Offshore Frontier Solutions, a MODEC Group company, for the supply of sea inlet covers for its new floating production storage and offloading (FPSO) Errea Wittu, being built for ExxonMobil…

Blue Water Gets Yinson’s Contract for Agogo FPSO Modules Transportation

Mar 26, 2024

Blue Water has secured a substantial logistics contract with Yinson Production to oversee the transportation of the topside modules for the Agogo FPSO, which will be deployed on Azule Energy’s development offshore Angola.The Agogo floating storage…

TMC Compressors to Provide Equipment for Agogo FPSO

Jan 29, 2024

Malaysian FPSO leasing firm Yinson Production has appointed TMC Compressors to supply a large marine compressed air system for FPSO Agogo, which will be operated by Azule Energy, a BP-Eni joint venture, on a development offshore Angola.Under the contract…

TMC Compressors to Provide Equipment for Newbuild FPSO

Oct 19, 2023

Chinese shipbuilder China Merchant Heavy Industries (CMHI) has contracted TMC Compressors (TMC) to deliver the completed marine compressed air system to a newbuild FPSO the Chinese yard is constructing for the Dutch FPSO leasing firm SBM Offshore…

Canada's TMC to Seek Seabed Mining License in 2024

Aug 07, 2023

Canada's The Metals Company (TMC) aims to apply next year for a license to start mining in the Pacific Ocean, with production expected to start as early as the fourth quarter of 2025, it said in a statement.TMC has been at the forefront of efforts…

Deep-sea Mining: A New Gold Rush or Environmental Disaster?

Jul 10, 2023

In the depths of the Pacific Ocean between Mexico and Hawaii, trillions of potato-shaped rocks are scattered across the seabed - containing minerals such as nickel, cobalt and manganese vital for new green technologies in the global energy transition…

TMC's NORI, Allseas Lift 3,000t of Seabed Nodules from Pacific Ocean

Nov 14, 2022

TMC, the company that describes itself as an explorer of the world’s largest estimated undeveloped source of critical battery metals, said Monday that its subsidiary NORI and offshore partner Allseas had successfully concluded the first integrated…

TMC's NORI Starts Monitoring Environmental Impact of of Pilot Nodule Collection System Trials

Oct 07, 2022

The Metals Company (TMC),  a company gearing up for commercial metallic nodule collection from the seabed, said Wednesday that a team of independent scientists from leading research institutions around the world and contractors has started the…

VIDEO: 'Historic Moment' as Seabed Nodules Collected and Lifted to Production Vessel Using 4 km Riser

Oct 12, 2022

The Metals Company (TMC) said Wednesday it had collected an initial batch of seafloor polymetallic nodules, and transported them up a 4km-long riser system to the surface in the Clarion Clipperton Zone of the Pacific Ocean.TMC, the explorer…

Seabed Nodule Harvesting Firm Raises $30M

Aug 15, 2022

TMC, a company gearing up for commercial metallic nodule collection from the seabed, on Monday announced a committed PIPE financing which is expected to result in US$30.4 million of gross proceeds (approximately $30M net proceeds) through the issuance of approximately 38…

TMC, Allseas Complete Initial Deepwater Trials of Polymetallic Nodule Collector Vehicle

May 05, 2022

The Metals Company (TMC) and Allseas have successfully completed the initial deep-water trials of the polymetallic nodule collector vehicle in the Atlantic Ocean, TMC said Thursday.To remind, back in March, The Metals Company (TMC), a company…

TMC, Allseas to Develop Commercial Seabed Nodule Collection System. Plan to Buy Another Drillship

Mar 18, 2022

The Metals Company (TMC), a company extracting battery metals from seafloor polymetallic nodules, said Friday its subsidiary NORI had signed a non-binding term sheet with its strategic partner and shareholder, Allseas to develop and operate a commercial nodule collection system…

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