When I was a kid I saw this horror or “thriller/suspense” movie on TV. It was probably originally a theatrical release but I couldn’t swear to it. Likely late '70s, but could be a little earlier or later.
The main things I recall are that it was set on a ship that was out conducting oil/gas exploration or drilling. They “found something” buried deep below in the muck. Somehow it got on board? Or possessed people on board?
A scientist on the ship came up with the theory that it was some sort of ancient god related to sea lampreys. ??? I know it sounds whack and I might be way off, but that’s what I seem to recall as a kid.