Complex sentence: The two collaborated on the album "Dive," released in 1993 a water-themed pop album that featured "Captain Nemo", a cover of a song by the Swedish electronica band Dive.
Split into simpler sentences: The two collaborated on the album "Dive" released in 1993. It was a water-themed pop album that featured "Captain Nemo", a cover of a song by the Swedish electronica band Dive.