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, […]

  • 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.

  • 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).

  • New partnership to bring military-grade battery tech to commercial offshore energy sector

    28 August 2025
    Business & Finance, Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Project & Tenders, Technology, Vision

    Scottish subsea intelligent energy management and storage solutions developer Verlume and Canada-headquartered marine technology player Kraken Robotics have entered into a strategic collaboration to introduce military-grade battery technology into the commercial offshore energy sector for what they say is the first time ever. According to the partners, Kraken Robotics has selected Verlume as its systems […]

  • 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.

  • Saipem’s rig trio rakes in millions for jobs with Eni in Africa, Mediterranean, and Far East

    22 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Saipem has boosted its offshore drilling order intake with new multimillion-dollar contracts and extensions that are perceived to reinforce its presence in key strategic areas, such as West Africa, the Mediterranean, and the Far East. As a result, three rigs will be on drilling duty with Eni, an Italian energy titan.

  • $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.

  • 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 […]

  • 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.

  • Stage set for unified oil & gas rig moving service in Red Sea and Gulf of Suez

    2 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    ABL, part of Oslo-listed global consultancy group ABL Group, has shaken hands with Egypt’s Petroleum Marine Services Co. (PMS) on the launch of a unified rig moving service in the Red Sea and Gulf of Suez, with the support of the Egyptian General Petroleum Corporation (EGPC).

  • 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 […]

  • HD Hyundai and Siemens ink pact to ‘boost’ innovation in US shipbuilding

    3 November 2025
    Business Developments & Projects, Collaboration

    South Korea’s shipbuilding heavyweight HD Hyundai and German multinational technology conglomerate Siemens have penned an agreement to speed up the digitalization and modernization of the United States’ vessel construction industry. Under the memorandum of understanding (MoU) that the two companies have signed, HD Hyundai and Siemens will reportedly work to combine digital and automation technologies […]

  • 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 […]

  • 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 […]

  • GCMD: Vessel retrofit fund using pay-as-you-save repayment mechanism closes at $35M

    20 November 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy

    The Global Centre for Maritime Decarbonisation (GCMD) and partners have closed the world’s first fund for vessel retrofits with a pay-as-you-save repayment mechanism, securing total commitments of up to $35 million and exceeding its initial target.

  • 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 […]

  • Swedish tidal energy developer sees South Korea as ‘highly attractive market’

    21 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Swedish tidal energy developer Minesto has taken part in a high-level delegation visit to South Korea, a country that the company finds highly attractive due to its “extensive tidal and ocean current resources”. Minesto CEO Martin Edlund was part of a Swedish high-level delegation to South Korea aiming to explore new partnerships and strengthen bilateral […]

  • Aasen Shipping takes delivery of new hybrid methanol-ready self-discharger

    20 October 2025
    Business Developments & Projects, Infrastructure, Vessels

    Norwegian shipping company Aasen Shipping has taken delivery of a new hybrid methanol-ready self-discharging general cargo vessel, Aasvaer.