10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • New acquisition expands TGS’ multi-source seismic capabilities across marine surveys

    8 June 2026
    Business & Finance, Business Developments & Projects, Technology

    Norwegian energy data and intelligence provider TGS has taken steps to bring Apparition Geoservices and its proprietary simultaneous source acquisition and separation technology into its fold to advance seismic efficiency and subsurface imaging.

  • Union Maritime welcomes its first LNG and wind-powered LR2 tanker

    22 January 2026
    Business Developments & Projects, Transition, Vessels

    UK-headquartered shipping company Union Maritime has taken delivery of the first of two newbuild long-range (LR2) tankers equipped with liquefied natural gas (LNG) dual-fuel and wind-assisted propulsion solutions.

  • Worley among firms breathing life into $44 billion LNG project during early execution stage

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

    Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has taken steps to move the first phase of its liquefied natural gas (LNG) export development in Alaska from development into early execution by announcing conditional awards for pipeline construction and line pipe supply, following a multi-round bid process that began with twenty participants. As a result, Australia’s engineering player Worley is selected to provide engineering, procurement, and construction management (EPCM) services.

  • Europe urged to step-up its renewable hydrogen game

    8 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Regulation & Policy, Rules & Regulation, Technology, Transition

    The Renewable Hydrogen Coalition (RHC), as the voice of the value chain, encompassing renewable energy suppliers, start-ups, investors, and industrial offtakers dedicated to making Europe the global leader in renewable hydrogen solutions, has called on the European decision-making realms and leaders to scale up incentives, funding opportunities, and market fundamentals for clean technology, especially the landscape surrounding hydrogen made from renewable sources.  

  • Wheels up for Petrobras to become sole owner of Brazilian offshore fields

    17 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Brazilian state-owned energy giant Petrobras has taken steps to consolidate its ownership in two assets in the Campos Basin by acquiring interests Petronas Petróleo Brasil Ltda. (PPBL), a subsidiary of Malaysia’s energy giant Petronas, holds in the field duo off the coast of Brazil.

  • Round-up: New oil & gas discoveries take center stage as LNG momentum grows

    5 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Exploration & Production, Rules & Regulation, Transition

    As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping portfolios through joint ventures, divestments, and capex commitments.

  • Time slipping away to develop one of Norway’s largest untapped gas discoveries

    8 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    The Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has taken steps to carry out a study of one of the largest undeveloped gas discoveries on the Norwegian Continental Shelf (NCS) to speed up the process of attracting interest in its development while the infrastructure is still in place to do so.

  • 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.

  • US eyes blanket LNG and hydropower authorizations to streamline energy infrastructure permitting

    24 November 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    The U.S. Federal Energy Regulatory Commission (FERC) is seeking input on its move to cut the red tape for infrastructure permitting by establishing procedures for blanket authorizations for certain activities at liquefied natural gas (LNG) plants and hydroelectric projects.

  • North Sea oil & gas portfolio recalibration in progress with another asset swap deal

    18 November 2025
    Business & Finance, Business Developments & Projects

    Norwegian oil and gas player DNO has struck a new asset exchange deal to high-grade its North Sea portfolio. The latest move will enable it to swap assets with Orlen Upstream Norway, a subsidiary of Poland’s Orlen. The all-cash transactions are conditional on customary government approvals.

  • Page ends up being blank as North Sea drilling ops yield no oil

    18 November 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    DNO Norge, a subsidiary of Norwegian oil and gas player DNO, has not found black gold during the drilling of a well in the North Sea off the coast of Norway, which was conducted with a rig owned by Noble Corporation, a U.S.-headquartered offshore drilling giant.

  • 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 […]

  • Arbitration battle looms in Asia as Empyrean challenges Conrad’s withdrawal notice

    18 November 2025
    Business & Finance, Business Developments & Projects

    Conrad Asia Energy’s wholly-owned subsidiary, West Natuna Exploration Limited (WNEL), has served Empyrean Energy, an AIM-listed oil and gas exploration company, with a notice of election of remedy and forced withdrawal, after the duo had been knee-deep in talks regarding the settlement of outstanding cash calls over the past few months.

  • 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.

  • Indian yard clinched by Norwegian player to build six fit-for-future chemical tankers

    11 November 2025
    Business Developments & Projects, Vessels

    Indian shipbuilder Swan Defence and Heavy Industries Limited (SDHI) has shaken hands with Norway-based shipping company Rederiet Stenersen for the construction of six future-proof 18,000 dwt chemical tankers. As divulged by SDHI on November 10, the two parties signed a letter of intent (LoI) for the building of the IMO Type II hybrid tankers under […]

  • 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 […]

  • US-South Korean partnership seeks to ‘streamline’ smart vessel technologies

    7 November 2025
    Business Developments & Projects, Certification & Classification, Collaboration, Vessels

    Classification society American Bureau of Shipping (ABS) and the Korean Agency for Technology and Standards (KATS) have inked an agreement to explore the international standardization of smart vessel and shipyard technologies. Under the terms of the memorandum of understanding (MoU) that the two partners signed, ABS and KATS will specifically focus on shipbuilding and vessel […]

  • Stena Line takes over world’s northernmost shipping company

    5 November 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy

    In a bid to strengthen its position in the Baltic Sea, Swedish ferry company Stena Line has acquired Wasaline.

  • Fugro fortifies Asian presence by setting up remote operations shop in Malaysia

    27 November 2025
    Business & Finance, Business Developments & Projects

    Dutch geo-data specialist Fugro has taken a step to expand its footprint in Southeast Asia with the launch of its new remote operations center (ROC) in Malaysia’s Kuala Lumpur, which is anticipated to enable the Netherlands-headquartered giant’s personnel to control offshore survey operations remotely.

  • 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.

  • Australia’s energy backbone: Oil & gas firms set to boost tax revenue with $21.9 billion

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

    While emphasizing that oil and gas companies are among Australia’s largest corporate taxpayers, Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has highlighted that the hydrocarbon industry will drive additions to taxes and royalties by pouring $21.9 billion.

  • Canada’s $5.1 billion LNG project continues to take shape (Gallery)

    24 October 2025
    Business & Finance, Business Developments & Projects

    Woodfibre Management, a privately held Canadian company based in Vancouver, has made progress in the construction of its operated $5.1 billion liquefied natural gas (LNG) export project, under development in British Columbia, Canada.

  • TotalEnergies spotlights €20B poured into low-carbon progress since 2020 amid legal scrutiny

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

    In the aftermath of a court decision related to its carbon neutrality ambition, France’s energy giant TotalEnergies has shed light on its multi-energy strategy investments, highlighting its low-carbon inroads backed by a €20 billion injection over the past five years.

  • Seatrium trims its fleet in $59.7 million non-core vessel divestment move

    3 November 2025
    Business & Finance, Business Developments & Projects, Vessels

    Singapore-based offshore, marine, and energy solutions provider Seatrium has raked in millions by shedding non-core assets to streamline its vessel portfolio with a platform supply vessel (PSV) sale.