10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Kraken joins mooring chain inspection project

    28 May 2021
    Business Developments & Projects, Project & Tenders

    Kraken Robotics has come on board the LifeMoor project, an industry collaboration initiative that aims to extend the lifetime of subsea mooring chains.

  • Petrofac working on Armada Kraken FPSO

    20 May 2015

    Petrofac, the international oil and gas facilities service provider, has been awarded a contract to support maintenance management system (MMS) implementation for Bumi Armada’s floating, production, storage and offloading (FPSO), the Armada Kraken bound for the North Sea. These services will be performed by Bumi Armada supported by Plant Asset Management, the asset performance management […]

  • Kraken bags pair of Navy deals

    9 September 2020
    Authorities & Government, Equipment, Safety, Technology

    Canada’s ocean tech company Kraken Robotics has recently secured contracts with Royal Danish Navy and Polish Navy. The Royal Danish Navy deal will see Kraken supply mine-hunting sonar equipment. Specifically, Kraken will deliver its KATFISH towed Synthetic Aperture Sonar, Tentacle Winch and Autonomous Launch and Recovery System (ALARS). Kraken’s minehunting system will integrate onboard the […]

  • Kraken Sonar Nets AquaPix Order

    29 April 2015
    Equipment, Project & Tenders

    Kraken Sonar Systems Inc. has received an order for its AquaPix® Synthetic Aperture Sonar system from international defence contractor. Over the past 60 days Kraken has received orders exceeding $1.2 million with deliveries expected in the current financial quarter, the company informed. “AquaPix® is a game changer for seabed mapping,” said Kraken President and Chief […]

  • Kraken Bags Aquapix Sonar Order

    31 January 2018
    Equipment, Project & Tenders

    Kraken Robotics’ wholly-owned subsidiary, Kraken Robotic Systems, has secured a repeat contract by an unnamed military customer for its AquaPix miniature synthetic aperture sonar system. The contract is valued at over CAD 400,000, the company said. Delivery of the sonar system is expected in Q2, 2018. Karl Kenny, Kraken’s president and CEO said, “We are […]

  • Keppel lands Kraken FPSO deal

    1 July 2014
    Business & Finance

    Keppel Offshore & Marine Ltd (Keppel O&M)’s wholly owned subsidiaries Keppel Shipyard Ltd and Keppel Singmarine Pte Ltd have secured contracts worth a total of S$368 million (USD 295 million). The contract secured by Keppel Shipyard is for the conversion of a Floating Production Storage and Offloading (FPSO) vessel for Armada Kraken Pte Ltd (Armada […]

  • Kraken Robotics makes top executive changes

    23 December 2022
    Business Developments & Projects, Human Capital, Outlook & Strategy

    Kraken Robotics has appointed Greg Reid as its new president and chief executive officer (CEO), marking a leadership transition in the Canadian company.

  • Enquest: Kraken on Target for June Launch

    25 May 2017
    Operations & Maintenance

    Enquest has informed that the Kraken development is on track to deliver first oil before the end of June 2017, with further progress on drilling. All drilling is now complete on drill centre 1 (DC1) and DC2 and the rig has moved to DC3. DC1 and DC2 subsea commissioning is complete and ready for operation. The […]

  • Bumi Armada loans $750M for Kraken FPSO

    31 March 2014

    Bumi Armada has secured a loan to finance construction of the Kraken FPSO, a unit which will mark the company’s entry to the North Sea oil and gas market. Malaysia-based international company, Bumi Armada Berhad announced that its wholly-owned subsidiary, Armada Kraken Pte Ltd (“Armada Kraken”) has secured a syndicated bridge loan facility of USD750 […]

  • Kraken Robotics raises $10 million

    26 October 2020
    Business & Finance, Research & Development, Technology

    Canada’s ocean tech company Kraken Robotics has closed its previously announced “bought deal” short form prospectus offering of common shares. The company sold a total of 15,500,000 common shares at a price of 67 cents per common share for gross proceeds of close to $10.4 million inclusive of the partial exercise of the over-allotment option. […]

  • Kraken Enters Strategic Alliance with ThayerMahan

    26 February 2018
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Kraken Robotics’ wholly-owned subsidiary, Kraken Robotic Systems has entered into a strategic alliance agreement with ThayerMahan, a US-based systems integrator specializing in maritime autonomous systems. Both companies are collaborating to deliver next generation underwater sensors and robotics for military, law enforcement, port and maritime security and environmental monitoring applications. ThayerMahan was founded by retired U.S. […]

  • Kraken Sets Up Subsidiary in Bremen

    9 December 2016
    Business & Finance, Equipment

    Kraken Sonar Inc. informed that effective January 1, 2017, its new German subsidiary, Kraken Robotik GmbH (KRG) will start operations at the Bremen Innovation and Technology Centre (BITZ). In addition to customer support, KRG will focus on the development of 3D imaging sensors, machine learning and artificial intelligence (AI) algorithms for underwater robotic platforms. Machine […]

  • Kraken Robotics secures $2.2M in new projects and funding

    15 March 2021
    Business Developments & Projects, Collaboration, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Technology

    Canadian marine technology company Kraken Robotics has secured $2.2 million in new contracts for subsea batteries and synthetic aperture sonar, and funding awards for new projects.

  • Kraken Robotics to inspect subsea assets in West Africa

    15 July 2021
    Business Developments & Projects, Project & Tenders

    Kraken Robotics has signed a contract with an undisclosed international energy company to provide underwater inspection of the subsea assets in West Africa.

  • Kraken Sonar Welcomes New Board Member

    14 October 2016
    Business & Finance, Equipment

    Kraken Sonar has added Larry Puddister to the company’s board of directors. Puddister is co- chairman of Pennecon Limited, and also a majority shareholder and CEO of Newcrete. Karl Kenny, Kraken’s president and CEO, said: “We are delighted to welcome Larry to the Kraken Board of Directors. His extensive experience, keen instincts, and global industry connections should prove to […]

  • Kraken Wins Deep-Sea Battery Contract with Ocean Infinity

    1 August 2018
    Business & Finance, Equipment, Project & Tenders

    Kraken Robotics said it has agreed a deal for Ocean Infinity to purchase $9 million of Kraken’s deep-sea batteries. According to the company, delivery dates are expected between Q4 2018 and Q4 2019. Kraken will arrange for these batteries to be built by Kraken Power, an entity in which Kraken currently holds a 19.9% interest. […]

  • Kraken Secures Aquaculture Industry Contract with MPI

    2 December 2019
    Business & Finance, Equipment, Project & Tenders, Research & Development

    Kraken Robotics’ subsidiary Kraken Power has signed a multi-year supply agreement with Multi Pump Innovation (MPI) of Norway. Under the agreement, MPI will purchase RIM-driven thrusters and control systems for use in MPI’s new JetMaster automated cage cleaners used for fish farming. While JetMaster is a new product for MPI, its position in fish farming […]

  • Bumi Armada to refund EnQuest for Kraken FPSO

    15 September 2016
    Infrastructure

    A Malaysian news website has issued a report claiming that that FPSO provider Bumi Armada is still in talks with the UK oil company EnQuest regarding a $65 million refund and liquidation damages claim by EnQuest due to a delay in delivery of the Armada Kraken FPSO. The Malaysian company, however, has rejected the claims of ongoing discussions […]

  • Technip Lands Kraken Job for EnQuest

    28 October 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Technip has been awarded a large engineering, procurement, installation and construction (EPCI) contract by EnQuest for the Kraken development located in the North Sea, 400 kilometers North-East of Aberdeen and 130 kilometers East of Shetland, at a water depth of approximately 120 meters. Technip’s operating center in Aberdeen, United-Kingdom, will execute the contract. A number of […]

  • RDC Supports Kraken ThunderFish AUV Program

    15 May 2017
    Equipment

    Kraken Sonar has secured a non-refundable financial contribution of $745,950 by the Research & Development Corporation (RDC) of Newfoundland and Labrador. The funding will support development of Kraken’s ThunderFish autonomous underwater vehicle (AUV) program. The ThunderFish program will combine smart sonar, laser and optical sensors, advanced pressure tolerant battery and thruster technologies and cutting edge […]

  • Kraken inks definitive agreement for PanGeo buy

    21 July 2021
    Business & Finance, Business Developments & Projects

    Canadian marine technology company Kraken Robotics has signed a definitive agreement to acquire 3D acoustic imaging specialist PanGeo Subsea. PanGeo’s assets consist primarily of human capital, know-how and equipment comprised mostly of sub-bottom imaging units and acoustic imaging units that are used to provide sub-seabed survey services. The aggregate purchase price for PanGeo is up to $23 million, […]

  • UK: Kraken FPSO offloads first cargo

    14 September 2017
    Equipment, Infrastructure

    Malaysia’s Bumi Armada has informed that its Armada Kraken FPSO, operating on the Kraken field in the UK North Sea has completed the offloading of its first cargo on September 12, 2017. 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 […]

  • EnQuest in talks with Delek for Kraken stake sale

    18 July 2016

    UK-based exploration and production company EnQuest has informed that it is holding discussions with Israel-based Delek Group for the sale of 20% interest in the Kraken development in the UK sector of the North Sea.  Kraken is a large heavy oil accumulation located in the East Shetland basin, to the west of the North Viking […]

  • Kraken Launches New Seabed Mapping Solution

    3 December 2015
    Business & Finance, Equipment, Research & Development

    Kraken has released a new solution for seabed mapping called ‘SoundPix’. SoundPix has been designed to work with Autonomous Underwater Vehicles (AUVs), Unmanned Surface Vehicles (USVs) and conventional survey launches. According to the company, the solution integrates Kraken’s real-time Synthetic Aperture Sonar signal processing with the data processing and mapping application, CARIS Onboard developed by […]

  • Cairn, EnQuest Buy Additional Interest in Kraken

    22 February 2016

    Cairn’s wholly owned subsidiary, Nautical Petroleum Limited, has acquired additional 4.5% interest in the Kraken development in the UK North Sea from First Oil bringing Cairn’s total working interest to 29.5%. Cairn and EnQuest, the operator of the Kraken development, are both taking up First Oil’s interests pro-rata to their holdings prior to the transaction. EnQuest’s […]