10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Kraken Robotics buying Sonardyne and EIVA’s parent company for $615 million

    27 March 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Vision

    Canada-headquartered marine technology player Kraken Robotics is set to acquire the UK’s Covelya Group, the parent company of Sonardyne International and EIVA, among others. Covelya Group designs, manufactures, sells and supports high-performance underwater technology for maritime defense and commercial customers, through its subsidiary companies Sonardyne International, EIVA, Forcys, Wavefront Systems, Voyis Imaging, and Chelsea Technologies. […]

  • New North Sea FPSO job in EnerMech’s hands

    24 March 2026
    Business & Finance, Business Developments & Projects

    Aberdeen-headquartered integrated solutions specialist EnerMech has won a new multi-year deal with Malaysia’s Bumi Armada for a floating production, storage, and offloading (FPSO) vessel deployed in the UK sector of the North Sea.  

  • Oil & gas asset consolidation in full swing in UK North Sea: Harbour makes a play for Waldorf

    12 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    London-listed oil and gas company Harbour Energy has taken a step to bring into its fold all subsidiaries of Waldorf Energy Partners Limited (WEPL) and Waldorf Production Limited (WPL), currently in administration, for $170 million. This move will bolster Harbour’s portfolio in the UK sector of the North Sea.

  • Woodside delays lower-carbon ammonia production from recently taken-over facility

    26 March 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    Following the completion of performance testing and handover from OCI Global, Australia’s energy giant Woodside Energy has assumed operational control of the Beaumont New Ammonia (BNA) facility, located in southeast Texas, U.S. Woodside completed the acquisition of 100% of OCI Clean Ammonia Holding B.V in September 2024 in an all-cash consideration of approximately $2,350 million, […]

  • ADNOC rakes in $3 billion for LNG offtake deal with Indian player

    20 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has signed off on a multi-year liquefied natural gas (LNG) agreement with India’s Hindustan Petroleum Corporation Limited (HPCL).

  • Subsea7 rakes in over $1.25 billion for Brazilian oil & gas job

    10 April 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Luxembourg-domiciled Subsea7 has been tasked with work in the Santos Basin on a field development project, which is described as one of the largest pre‑salt expansion phases off the coast of Brazil.

  • Technip Energies rakes in over €1 billion for job on $13B US LNG project

    28 May 2026
    Business & Finance, Business Developments & Projects

    French-based engineering player Technip Energies has secured the all-clear to proceed with its assignment on a liquefied natural gas (LNG) export project under development in Louisiana, United States.

  • Saipem and COOEC rake in $4 billion for work at QatarEnergy’s giant offshore gas field

    22 December 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    In partnership with China Offshore Oil Engineering Co. (COOEC), Italy’s engineering, drilling, and construction services giant Saipem has won a multibillion-dollar engineering, procurement, construction, and installation (EPCI) assignment with QatarEnergy LNG, a subsidiary of Qatar’s state-owned energy giant QatarEnergy, at a huge natural gas field off the north-eastern coast of Qatar.

  • $3 billion loan in the bag, as Shell and Equinor’s UK JV ups financial ante

    24 March 2026
    Business & Finance, Business Developments & Projects

    Adura, an incorporated joint venture (IJV) between the UK’s Shell and Norway’s Equinor, has secured a multibillion-dollar reserve based lending (RBL) facility to support its growth aspirations.

  • Ithaca Energy books AF Offshore for North Sea decom gig

    5 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has landed a new decommissioning project on the UK Continental Shelf (UKCS) with Ithaca Energy, a North Sea oil and gas operator and producer.

  • Ineos and Marubeni’s deal bringing more LNG to Asia

    2 June 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    London-based Ineos Energy has shaken hands with Marubeni Corporation, a Japanese integrated trading and investment business conglomerate, on a liquefied natural gas (LNG) supply deal, which enriches Asia’s LNG arsenal.

  • Equinor, Petoro and OMV get lucky in waters off Bergen

    16 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Equinor and its partners Petoro and OMV have made an oil & gas discovery some 190 kilometers northwest of Bergen, in Norway, marking the first exploration well drilled in the production license. Wildcat wells 33/12-N-3 HH and 33/12-N-3 GH were drilled in the Granat prospect near Gullfaks, in connection with drilling an oil development well […]

  • No break for TGS as it scores triple win in Norwegian North Sea

    21 May 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Norway-headquartered energy data and intelligence company TGS has secured three new contracts in the Norwegian North Sea, with the first having started immediately. TGS is set to mobilize in June for an ocean bottom node (OBN) assignment that will take approximately 25 days, while under another, 4D streamer contract, the company shall mobilize a Ramform […]

  • German player picks up permanent permit for LNG terminal with FSRU duo

    24 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Germany’s private operator of liquefied natural gas (LNG) terminals, Deutsche ReGas, has secured the go-ahead for the permanent operation of an energy terminal in Mukran with two floating storage and regasification units (FSRUs) using onboard gas generators.

  • High-tech ‘wall of steel’ to guard US oil & gas and shipping operations

    18 February 2026
    Collaboration, Outlook & Strategy, Ports & Logistics, Safety, Vessels

    Two American defense companies have entered into a strategic agreement to build a high-tech “wall of steel” in the Gulf of America to support oil & gas and commercial shipping operations. The partnership between South Carolina-headquartered marine autonomy specialist Janus Marine & Defense and New Mexico-based U.S. Department of War RF Systems contractor Raven Defense […]

  • US oil sanctions waiver seen as ‘financial lifeline’ for Russia

    16 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Germany’s non-profit environmental research organization, Urgewald, has offered its take on Washington’s decision to present Russia with a month-long sanctions waiver amid the Middle East conflict between Iran and the United States (U.S.)-Israel alliance.  

  • Private LNG operator takes EU to court over €4.96 billion state funding

    20 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Deutsche ReGas, Germany’s private operator of liquefied natural gas (LNG) terminals, has embarked on a legal battle to challenge the European Commission’s approval of the €4.96 billion subsidy scheme, claiming that state aid for LNG terminals harms competition and weakens gas security.

  • First of 7 transformers delivered for first UK-Germany energy link

    19 February 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Siemens Energy has delivered the first of seven transformers that will help to power NeuConnect, the first energy link between the UK and Germany. The transformer was taken from Siemens Energy’s factories in Nürnberg, Germany, and delivered by barge along the Rhine River to Rotterdam, the Netherlands, before being shipped by sea to the UK […]

  • World’s first global shipping carbon price talks back at UN’s bargaining table

    17 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Regulation & Policy, Rules & Regulation, Transition, Vessels

    As negotiations on a landmark climate agreement introducing the world’s first global carbon price on any polluter are set to catch a second breeze, the resumption of talks at the UN is seen as a big test whether countries can unite against the U.S. and other largely oil-producing states to defend the framework and adopt it as it is later this year to help curb shipping’s reliance on fossil fuels and cut vessel fuel costs in the long-term.

  • DHT Holdings takes delivery of first of four South Korea-made VLCCs

    5 January 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels, Vision

    Bermuda-headquartered crude oil tanker company DHT Holdings has taken delivery of the first of four very large crude carriers (VLCCs) being constructed in South Korea. The VLCC DHT Antelope was delivered on January 2 from Hanwha Ocean and is set to enter the spot market. Another vessel is scheduled to be delivered in early March, […]

  • Hanwha Ocean delivers second of four VLCCs to DHT Holdings

    9 March 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels, Vision

    Bermuda-headquartered crude oil tanker company DHT Holdings has taken delivery of the second of four very large crude carriers (VLCCs) being constructed in South Korea, some two months after the first unit. The delivery of DHT Addax from Hanwha Ocean was announced on March 6, with the vessel set to enter the spot market. The […]

  • Shipping company secures fixed-rate e-methanol supply ahead of EU climate regulations

    2 March 2026
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    European shipping company RFOcean has signed a binding long-term off-take agreement with ETFuels to purchase e-methanol at a fixed price from 2030. According to ETFuels, the agreement positions RFOcean ahead of binding and punitive new EU maritime emissions rules, the FuelEU Maritime regulation, which came into force in 2025, under which shipping companies face escalating […]

  • Third world record for Nexans as it installs 420 kV subsea cable 530 meters under water

    8 April 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    France’s Nexans has completed a deep-fjord 420 kV subsea cable project for Norway’s transmission system operator (TSO) Statnett, set to strengthen the regional transmission grid serving Bergen and nearby industrial areas. Nexans secured the project in 2022 for the engineering, manufacturing and installation of two high-voltage 420 kV HVAC subsea cables, each incorporating fiber-optic elements […]

  • Turkish shipyard delivers 100-meter cable lay vessel to Norway

    6 May 2026
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Project & Tenders, Vessels

    Norwegian Agalas has taken delivery of a cable laying support (CLSV) and light construction vessel built in Türkiye that will operate with compatriot offshore contractor Cecon Contracting. Cecon Vigor was launched at the Sefine Shipyard in April 2025 and, following delivery to Agalas yesterday, May 5, is now sailing under the Norwegian flag. The vessel […]

  • African gas project ticks FID off the list as Subsea7 scores multimillion-dollar deal

    1 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    U.S.-headquartered energy giant Chevron has taken a final investment decision (FID) for a gas monetization project off the coast of Equatorial Guinea. Noble Energy EG, a Chevron company, has tasked Luxembourg-domiciled Subsea7 with the subsea installation scope for this project.