10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • $16 million subsea order lands on Kraken Robotics’ table

    9 May 2023
    Business & Finance, Business Developments & Projects, Equipment, Technology

    Canada’s Kraken Robotics has received a purchase order for subsea batteries valued at $16 million, with deliveries set to occur this and next year. With this order, Kraken said it had now received more than $30 million of purchase orders in the last six months for its SeaPower subsea batteries. The purchase order includes a […]

  • FES International to deliver DBSCs for Kraken oil field

    14 July 2014
    Business & Finance, Equipment

    FES International has won a contract to supply 12 Diverless Bend Stiffener Connectors (DBSCs) to contractor GE Wellstream. FES International has supplied DBSCs to GE Wellstream for more than a decade. The product is one of the firm’s most successful product lines enabling the quick, efficient and safe installation of bend stiffeners on offshore deep […]

  • MOL joins Australian partners in advancing low-emission ammonia bunkering

    7 October 2025
    Business Developments & Projects, Collaboration, Transition

    Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has shaken hands with two Australia-based companies, NH3 Clean Energy and Oceania Marine Energy, to embark on the two maritime players’ low-emission ammonia bunkering initiative. As disclosed, the three partners signed a memorandum of understanding (MoU) regarding the development of clean ammonia bunkering operations in the Pilbara region […]

  • Kraken Robotics receives mystery $3 million subsea order

    20 April 2023
    Business & Finance, Business Developments & Projects, Equipment

    Canada’s Kraken Robotics has received a $3 million purchase order from an undisclosed client for the delivery of its subsea batteries. According to Kraken, the SeaPower 6000-meter-rated batteries are based on the company’s pressure-tolerant gel encapsulation technology for lithium polymer batteries. This is said to provide an environmentally friendly and superior energy density alternative to […]

  • EU puts its foot down on Russian oil & gas imports with gradual phase-out

    20 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    The latest step taken to end the EU’s dependence on Russian fossil fuels is contained within its plans to gradually ban imports of oil, gas, and liquefied natural gas (LNG) from next year, with limited exceptions for existing short-term and long-term contracts. This legislation is described as a response to Russia’s systematic weaponisation of energy supplies.

  • Kraken picks up $7.1 million from new subsea inspection contracts

    24 November 2021
    Business & Finance, Operations & Maintenance, Research & Development

    Kraken Robotics has secured $7.1 million for two contracts from the Newfoundland Offshore Oil and Gas Industry Recovery Assistance (OOGIRA) Fund for offshore subsea inspection scopes.

  • Kraken receives second AquaPix sonar order from Teledyne

    27 May 2021
    Business & Finance, Equipment, Technology

    Kraken Robotics has received a second order from Teledyne Gavia to equip the SeaRaptor autonomous underwater vehicle (AUV) with its AquaPix SAS Sonar. To remind, last week Kraken revealed it had secured a new order for AquaPix, but did not disclose the client’s name. The sonar will be featured on the newbuild SeaRaptor 6000 that […]

  • $45M public offering to help Kraken Robotics with expansion and acquisitions

    3 October 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Vision

    Canada-headquartered marine technology player Kraken Robotics is set to receive a bought deal public offering of $45 million, with the net proceeds to be used for the company’s long-term strategy, including expansion and acquisitions, among others. Kraken Robotics has amended its agreement with Cormark Securities Inc. to increase the size of its previously announced $25 million bought deal […]

  • EnQuest lowers oil output forecast amid Kraken FPSO issues

    23 August 2017
    Infrastructure

    UK oil and gas company EnQuest has downgraded its full year oil production forecast amid topside commissioning delays with the Armada Kraken FPSO in the Kraken field, offshore the UK. The Kraken is a large heavy oil accumulation in the UK North Sea, located in the East Shetland basin, to the west of the North […]

  • Bumi Armada, EnQuest Ink Firm Contract for Kraken FPSO

    23 December 2013
    Business & Finance

    Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad announced that it has signed a bareboat charter contract with EnQuest on 20 Dec 2013 for a Floating Production, Storage and Offloading Vessel (“FPSO”) to be deployed at the Kraken field located in the UK sector of the North Sea. Simultaneously, Bumi Armada UK Limited, a wholly-owned […]

  • Kraken Gets NRC IRAP Funding for ThunderFish XL AUV

    3 October 2019
    Equipment, Research & Development

    Kraken Robotics has secured a grant of up to $749,746 from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support research and development of Kraken’s ThunderFish XL Autonomous Underwater Vehicle (AUV). Kraken’s ThunderFish XL represents further development of the ThunderFish Alpha platform that was recently delivered to Defence Research and […]

  • Wartsila to Equip Kraken FPSO with Topside Power Module (UK)

    28 January 2014
    Business & Finance

    Wärtsilä will supply a 62 MW topside power module solution for a Floating Production, Storage and Offloading (FPSO) vessel to be deployed at the Kraken oilfield located in the U.K. sector of the North Sea. This EPC (engineering, procurement and construction) award has been given in December 2013 by Armada Kraken Pte.Ltd, a wholly owned […]

  • Kraken Robotics gathers over $1.6 million in AquaPix contracts

    30 May 2022
    Business & Finance, Business Developments & Projects, Equipment, Technology

    Canada-based marine technology company Kraken Robotics has secured new contracts valued at more than $1.6 million for its AquaPix Synthetic Aperture Sonar (SAS). According to Kraken, the customers cannot be named due to confidentiality reasons. Deliveries of the sonar systems will take place this year. Kraken’s AquaPix is a configurable SAS that is said to […]

  • UK: North Sea Kraken Oil Field Gets Green Light

    15 November 2013
    Business & Finance, Operations & Maintenance, Research & Development

    EnQuest PLC, the largest UK independent oil company in the UK North Sea, has given its go-ahead for a £4 billion investment in the c.140 million barrel oil field Kraken development, set to generate billions of revenue for taxpayers and to support an estimated 20,000 jobs during the project’s construction period and an average of […]

  • Kraken FPSO to Receive Topside Power Module from Wärtsilä (UK)

    28 January 2014
    Business & Finance, Equipment, Project & Tenders

    Wärtsilä will supply a 62 MW topside power module solution for a Floating Production, Storage and Offloading (FPSO) vessel to be deployed at the Kraken oilfield located in the UK sector of the North Sea. This EPC (engineering, procurement and construction) award has been given in December 2013 by Armada Kraken Pte.Ltd, a wholly owned […]

  • UK: Nautical Petroleum Spuds Kraken Appraisal Well

    13 August 2010

    Nautical Petroleum  announces that the 9/02b-D appraisal well on North Sea Block 9/2b spudded on 12 August 2010. The drilling activity is being performed by the Ocean Nomad semi submersible rig and the full programme is expected to take approximately 45 days. A further announcement will be made once the drilling is completed. Nautical holds […]

  • Kraken Makes 2020 TSX Venture Top 50 List

    28 February 2020
    Business & Finance, Equipment

    Canada-based underwater sensors & robotics specialist Kraken has been recognized by the Toronto Venture Stock Exchange as a 2020 Top 50 Company. The TSX Venture 50 is a ranking of the strongest companies on TSX Venture Exchange by share price appreciation, trading volume amount, and market capitalization growth. Karl Kenny, president and CEO of Kraken, […]

  • EnQuest completes restructuring move designed to help Kraken development

    21 November 2016
    Business & Finance

    UK exploration & production company EnQuest has completed its financial restructuring, announced back in October, designed to help the company deliver first oil from the North Sea’s Kraken development in the first half of 2017. The company concluded the final stage in the restructuring process on Monday, November 21. The restructuring comprises the implementation of the RCF Amendments, the […]

  • Kraken on Track for First Oil in Q2 as FPSO Arrives to Field

    17 February 2017

    Kraken floating production storage and offloading (FPSO) vessel has arrived at its field location in the UK North Sea on Monday, February 13. The hook up of the submerged turret production (STP) buoy mooring system to the FPSO was completed on February 15, and a full rotation test performed so that the vessel is now on […]

  • NAM, Shell Hire ‘Seajacks Kraken’ for Maintenance Campaign in Southern North Sea

    23 January 2012
    Business & Finance

    Seajacks Kraken, a self-propelled jack-up vessel owned and operated by Seajacks, has been contracted by NAM (Nederlandse Aardoliemaatschappij BV) and Shell UK Limited to work on one of the largest well repair and maintenance campaigns in the Southern North Sea. The program is scheduled to last for two years. Seajacks Kraken was mobilized for the […]

  • Canada: Kraken Sonar Systems Inks Agreement with NRC IRAP

    22 January 2013
    Business & Finance, Equipment, Technology

    Kraken Sonar Systems Inc., a leading marine technology company, announced yesterday that it has signed a Contribution Agreement with the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). The funding will be applied to the development of AquaTrak™ – a new Correlation Velocity Log (CVL) designed for underwater navigation. AquaTrak™ will be […]

  • Kraken Robotics completes cable burial survey of Gode Wind 3 OSS to Dolwin Kappa link

    5 January 2024
    Business Developments & Projects, Infrastructure, Project & Tenders

    Kraken Robotics has completed a cable burial survey on behalf of Asso.subsea along the 16-kilometer export cable that runs from the Gode Wind 3 offshore substation to the Dolwin Kappa platform. The operation was conducted from the MSV Astrea, employing the advanced Sub-Bottom Imager™ (SBI). Kraken Robotics said that SBI was tasked with providing an […]

  • PanGeo Subsea and EODEX come together for UXO removal

    4 March 2022
    Business & Finance, Business Developments & Projects, Collaboration

    EODEX and PanGeo Subsea, a Kraken Robotics company, have set up a partnership to collaborate on unexploded ordinance (UXO) detection and disposal services. The two parties joined forces on several UXO survey projects over the past year and, as they state, this recent more-defined collaboration supports a seamless solution for UXO identification and removal for […]

  • Keppel Names Bumi Armada’s FPSO

    29 August 2016
    Business & Finance

    The naming ceremony for the Floating Production Storage and Offloading (FPSO) vessel Armada Kraken was held at Singapore-based Keppel Shipyard on August 27. According to the shipbuilder, the harsh-environment FPSO vessel is on track for delivery to Armada Kraken, a subsidiary of Malaysia-based international offshore oilfield services provider Bumi Armada. The FPSO is designed for operations in the North Sea under a stringent […]

  • EnQuest: Cost cutting mode stays ON

    17 March 2016
    Project & Tenders

    EnQuest, an independent oil and gas firm with assets in the UK North Sea, will continue with cost cutting efforts in 2016, both on capex and opex. In its 2015 results statement on Thursday, the company said its unit operating costs in 2015 were  $29.7 a barrel, down from $42.1 a barrel in 2014. For […]