10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • EnQuest Becomes Operator of Kraken (UK)

    14 September 2012
    Business & Finance

    EnQuest has completed the acquisition of a further 15% interest in blocks 9/2b and 9/2c including the Kraken oil discovery (‘Kraken’) from First Oil. EnQuest now operates Kraken with 60% stake while First Oil owns 15%. The remaining 25% is held by Nautical Petroleum. Kraken is a large heavy oil accumulation in the UK North […]

  • UK: EnQuest Seizes Kraken Stake

    9 January 2012
    Business & Finance

    EnQuest PLC has agreed with Canamens Limited to buy two of its companies, whose assets include the 20% interest in the Kraken oil discovery. EnQuest will pay an initial consideration of US$45 million dollars in cash and a further US$45 million in cash, contingent upon approval of the Kraken Field Development Plan (‘FDP’) by the […]

  • Kraken Wins US Navy Deal

    24 June 2019
    Business & Finance, Equipment, Project & Tenders

    Kraken Robotics has been selected by the US Office of the Secretary of Defense, Comparative Test Office, to participate in a Foreign Comparative Testing (FCT) program in support of a US Navy Program of Record managed by the Naval Sea Systems Command, EOD Program Office. The FCT is designed to test selected foreign technologies as […]

  • Kraken, Tritech in Technology Cooperation Agreement

    4 August 2015
    Equipment, Project & Tenders

    Kraken Sonar Systems has entered into an agreement with Tritech International Limited for the supply of technology to the subsea industry. Under the terms of the multi-year agreement, Tritech will sell the Kraken-developed Correlation Velocity Log (CVL), AquaTrak, under the Tritech name and branding. “We are very pleased to have signed this agreement with Tritech, […]

  • EnQuest – Delek Kraken Deal Fails

    15 September 2016
    Business & Finance, Operations & Maintenance

    EnQuest and Delek have not been able to reach an agreement with regard to the potential sale of an interest in the Kraken development. In July this year, EnQuest entered into discussions with Delek for the sale of an interest in the Kraken development to one of Delek’s subsidiaries. The two companies signed a non-binding […]

  • Kraken KATFISH on U.S. Navy Trials

    8 August 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Kraken Robotics has signed a Cooperative Research and Development Agreement (CRADA) with the U.S. Navy’s Naval Undersea Warfare Center – Division Newport (NUWCDIVNPT). The CRADA covers the operation of Kraken’s high-speed actively controlled towed Synthetic Aperture Sonar, KATFISH, for multi-mission applications, including mine countermeasures. The CRADA defines a joint research and development relationship between NUWCDIVNPT […]

  • Kraken Welcomes New Team Members

    13 July 2015
    Business & Finance

    Kraken Sonar announces that Dr. Tom Tureaud and Gina Millar have joined the Company to further develop its sensors-to-systems strategy. Karl Kenny, President and Chief Executive Officer of Kraken, noted, “We view these appointments as a sign of our commitment to being a leading company in our industry. Our new innovations and increasing customer demand […]

  • Langh Ship welcomes second 1,200 TEU green newbuild

    17 June 2025
    Carbon Capture Usage & Storage, Infrastructure, Vessels

    Finnish shipping company Langh Ship has taken delivery of Lene, the second in a series of three 1,200 TEU eco-friendly feeder ships ordered at PaxOcean shipyard in China.

  • Oil & gas price uptick and vessel rerouting as Israel-Iran conflict keeps markets on edge

    17 June 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Regulation & Policy, Transition

    A spike in crude oil prices and tweaks to ships’ regular routes are some of the key indicators of uncertainty enveloping energy and shipping markets in the wake of Israel’s attack on Iran, as both countries turn off their giant offshore hydrocarbon production taps for safety reasons.

  • German firm pens 10-year gas deal with Azerbaijan’s SOCAR

    11 June 2025
    Business & Finance, Business Developments & Projects

    Germany’s Securing Energy for Europe (SEFE) has secured a multi-year import of natural gas by inking an agreement with the State Oil Company of the Republic of Azerbaijan (SOCAR), fortifying Europe’s energy security.

  • Kraken Sonar for ECA Robotics AUV

    12 August 2015
    Business & Finance, Project & Tenders

    Kraken Sonar has been awarded a contract valued at over US$325,000 by ECA Robotics. Kraken will supply and help integrate its AquaPix Miniature Interferometric Synthetic Aperture Sonar and Embedded Real-Time SAS Signal Processor on ECA Robotics’ (ECA Group) newest A18D Autonomous Underwater Vehicle (AUV). “AquaPix® is a game changer for seabed survey,” said Kraken President […]

  • 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 […]

  • Watch: Dive Technologies wraps up AUV trials powered by Kraken

    29 October 2020
    Equipment, Innovation, Research & Development, Technology

    Boston-based subsea robotics firm Dive Technologies recently completed sea trials of a Large Displacement Autonomous Underwater Vehicle (LD-AUV), powered by Kraken Robotics pressure tolerant batteries. As a result, Kraken expects further contracts with Dive for additional batteries in 2020 and beyond. Kraken and Dive Technologies entered into an agreement in August 2020 whereby Kraken agreed […]

  • Kraken Enters NVIDIA Inception Program

    19 April 2018
    Business & Finance, Equipment, Research & Development

    Kraken Robotics’ German subsidiary, Kraken Robotik GmbH, has been accepted into the NVIDIA Inception program, a global initiative to support companies that are driving new breakthroughs in artificial intelligence and data science. Every Inception program member receives a custom set of ongoing benefits, ranging from hardware grants and marketing support to training with deep learning […]

  • Kraken teams up with Greensea Systems

    9 April 2020
    Technology

    Kraken Robotics has entered into a partnership agreement with Greensea Systems to expand collaborative efforts to advance the capabilities of marine robotics. Under the agreement, Greensea will support development, integration, and testing work with Kraken across several of Kraken’s technology platforms. The companies have worked together over the last twelve months to utilize the OPENSEA […]

  • 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 in Several New Contract Wins

    16 March 2020
    Project & Tenders

    Kraken Robotics has secured new contracts for batteries, sonar sensors, and support totaling $2.8 million.  Kraken has received orders from four unnamed US companies and one Canadian company. The company expects to fulfill these contracts in the first half of 2020. A new customer primarily targeting the defense industry will be using Kraken SeaPower batteries […]

  • Kraken Books $1.6M in Q3 Revenues

    1 December 2017
    Business & Finance, Equipment

    Newfoundland-based marine technology company Kraken Robotics said it has generated revenues for the three months ended September 30, 2017 of $1.6 million, compared to $0.9 million same time last year. Revenues during the quarter related to delivery of the company’s AquaPix MINSAS sensor product to two European defense customers, first revenues from its Robotics-as-a-Service offering […]

  • Kraken, Fraunhofer Ink Licensing Agreement

    17 March 2017
    Equipment, Project & Tenders

    Kraken Sonar has signed a licensing agreement for underwater robotics technology with Germany’s Fraunhofer Institute for Optronics, System Technologies and Image Exploitation (IOSB). Fraunhofer has developed the Dedave autonomous underwater vehicle (AUV) which is an integral part of the agreement. Kraken will exclusively license the Dedave software and hardware IP and technology for large AUVs […]

  • 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 […]

  • 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 […]

  • AD Ports, ASRY to boost green ship recycling in Bahrain

    13 June 2025
    Business Developments & Projects, Collaboration, Ports & Logistics, Vessels

    The UAE-based terminal operator AD Ports Group and the Arab Shipbuilding & Repair Yard Company (ASRY) have entered into three Heads of Terms (HoTs) agreements to collaborate on delivering marine services and developing ‘key’ maritime and port initiatives in Bahrain. As disclosed, the first HoT is directly related to a joint venture (JV), which is to […]

  • 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 Kicks Off OceanVision Project

    10 September 2019
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Kraken Robotic Systems has launched the initial phase of its OceanVision project. Starting in late September, Kraken will deploy its sensors and unmanned underwater platforms to conduct ultra-high definition seabed imaging and mapping on the Grand Banks of Newfoundland and other areas of Atlantic Canada. OceanVision is a three-year, $20 million project focused on the […]

  • Kraken to Build AquaPix Multispectral SAS

    14 May 2018
    Business & Finance, Equipment, Research & Development

    Kraken Robotics is developing an ultra-wideband acoustic remote sensing system for seafloor imaging and mapping. The AquaPix Multispectral Synthetic Aperture Sonar (SAS) will be the world’s first commercial SAS to operate over such a wide spectrum, ranging from low audible frequencies to high ultrasonic frequencies. According to Kraken, there are three notable benefits of this […]