Underwater: Awards and nominations
| Year | Category | Subcategory | Info |
|---|---|---|---|
| 2020 | Newport Beach Film Festival | Winner Festival Honors Award | Brit to Watch (Jessica Henwick) |
| Year | Category | Subcategory | Info |
|---|---|---|---|
| 2021 | Fangoria Chainsaw Awards | Nominee Chainsaw Award | Best Wide-Release Film |
| 2021 | Hawaii Film Critics Society | Nominee HFCS Award | Best Horror Film |
| 2021 | Visual Effects Society Awards | Nominee VES Award | Outstanding Compositing in a Feature Motion Picture (Sreejith Venugopalan, Ruslan Borysov, Susil Sabat, Andreas Andersson) |
| 2020 | Fright Meter Awards | Nominee Fright Meter Award | Best Special Effects |
| 2020 | International Online Cinema Awards (INOCA) | Nominee Halfway Award | Best Visual Effects |