10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • The Netherlands: Seajacks Kraken to Visit 50 Offshore Platforms

    23 January 2012

    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 […]

  • 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, […]

  • Kraken Bags New AquaPix Sonar Contract

    5 June 2017
    Project & Tenders

    Kraken Sonar Systems has been awarded a repeat contract valued at over C$400,000 by a European defence contractor. Kraken will supply and integrate its AquaPix miniature interferometric synthetic aperture sonar and real-time SAS signal processor on the customer’s autonomous underwater vehicle (AUV). The delivery is expected in Q3, 2017. AquaPix is designed for operation on […]

  • ABB to equip Kraken FPSO with power and automation tech

    1 October 2014
    Business & Finance, Equipment, Project & Tenders

    ABB, a power and automation technology group, has won an order from Armada Kraken Pte Ltd, a subsidiary of Bumi Armada Berhad, a Malaysia-based international offshore oilfield services provider. ABB will provide power and automation technologies for the floating, production, storage and offloading (FPSO) vessel destined for the Kraken oil field, the biggest subsea oilfield […]

  • JSK and Kraken Collaborate on New Sonar Solution

    4 October 2019
    Equipment, Research & Development

    JSK Naval Support, the Canadian anti-submarine warfare (ASW) specialist, and Kraken Robotic Systems have teamed up to develop an enhanced autonomous underwater sonar solution. The two companies will combine expertise in open mission systems and unmanned underwater systems to develop the solution. Utilizing an autonomous underwater vehicle (AUV) from Kraken will give JSK’s advanced sonar […]

  • Kraken Unveils SeaVision 3D Laser System

    29 March 2017
    Equipment

    Kraken Sonar’s subsidiary, Kraken Robotik GmbH, plans to introduce its new SeaVision 3D laser system at the Ocean Business conference in UK. SeaVision is an RGB underwater laser imaging system that offers the resolution, range and scan rate to deliver dense full colour 3D point cloud images of subsea infrastructure. The initial system is designed […]

  • 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.

  • Kraken Robotics Bags Ocean Infinity Order

    19 February 2019
    Equipment

    Kraken Robotics has received $1.7 million purchase orders from Ocean Infinity for the AquaPix Synthetic Aperture Sonar (SAS) sensors and support. Product delivery is expected during Q1 and Q2, 2019. According to the company, this is the second set of purchase orders from Ocean Infinity under an initial master agreement contract announced in Q3 2017. Oliver […]

  • UK: EnQuest Increasing Its Interest in Kraken

    26 April 2012

    EnQuest PLC (‘EnQuest’) today announces that it has agreed with First Oil plc (‘First Oil’) the proposed acquisition of a further 15% interest in blocks 9/2b and 9/2c including the Kraken oil discovery (‘Kraken’), bringing EnQuest’s total interest in Kraken to 60%. Today’s agreement is subject to the normal regulatory and partner consents and is […]

  • Government of Canada Supports Kraken’s Development of AquaTrak CVL

    22 January 2013
    Business & Finance, Equipment

    Kraken Sonar Systems Inc., a leading marine technology company, announced 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 used […]

  • Kraken Wins Sonar Signal Processing Deal

    20 September 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Kraken Robotics’ subsidiary has recently received a sonar signal processing software contract valued at approximately $1 million dollars from an international defense contractor. This 12-month contract is with a new customer and will be supported by Kraken’s recently established Acoustic Signal Processing Group. Kraken said it is targeting additional international opportunities in this segment and […]

  • Kraken Robotics expects 100% revenue growth in 2021

    14 May 2021
    Business & Finance, Business Developments & Projects

    Canadian Kraken Robotics is expecting a revenue of $24 million to $28 million for the year ending on 31 December 2021, which would represent a more than 100% growth compared to $12.3 million in 2020. The growth is due to recent contract wins for KATFISH 180 towed sonars, as well as ALARS for the Danish and […]

  • Kraken to conduct Strait of Belle Isle subsea cable survey

    20 July 2021
    Business Developments & Projects, Project & Tenders

    Kraken Robotics has secured a Robotics as a Service (RaaS) contract with Newfoundland and Labrador Hydro, formerly Nalcor Energy, to perform the marine inspection of the Strait of Belle Isle (SOBI) submarine cable.

  • Kraken Ready for Turbine Installation in Mostyn (UK)

    19 May 2011

      In the harbour of Mostyn, the first two wind turbines for Walney 2 have been loaded onto Kraken, and she is awaiting better wind conditions before leaving for the Walney 2 site. Also in the harbour in Mostyn, the installation vessel Leviathan is awaiting Kraken’s departure before it can take its position and load […]

  • Kraken Robotics bags $3 million boulder detection contract

    19 October 2023
    Business Developments & Projects, Operations & Maintenance, Project & Tenders

    Kraken Robotics has received a $3 million contract to carry out boulder detection subsea survey services as part of an offshore wind farm project in Europe. The survey campaign will be executed in the fourth quarter of 2023 with Kraken’s Acoustic Corer technology providing high-resolution 3D imaging of 24 sub-seabed cores, with the cores placed […]

  • SPX to Supply Pumps for Enquest’s Kraken Development

    21 November 2013
    Business & Finance, Equipment

    SPX Corporation has received a $22 million contract to supply oil well production pumps for the Enquest-operated Kraken field in the North Sea. The pumps will be utilized for key artificial lift service on the oil field project. Specifically, the new order is for fifteen ClydeUnion-branded Hydraulic Submersible Pumps, (HSPs), which will be fulfilled by ClydeUnion’s […]

  • Kraken and Elbit Test Mine-Hunting Platform

    2 January 2019
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Kraken Robotics has completed a series of successful sea tests of its KATFISH towed Synthetic Aperture Sonar system with Elbit Systems. Elbit Systems has developed an unmanned surface vehicle (USV) named “Seagull”. Seagull is a multi-mission USV platform – including anti-submarine warfare and mine countermeasures. These tests are an addition to a successful series of […]

  • 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 Gets Funding for Autonomous LARS Development

    5 December 2016
    Business & Finance, Equipment, Research & Development

    Kraken Sonar Systems said it will receive a non-refundable financial contribution of up to $485,000 from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). In addition to technical and business advisory services provided by NRC-IRAP, the funding is being used to develop autonomous launch and recovery systems (A-LARS) for unmanned maritime vehicles. […]

  • Kraken Selected for Mine Hunting Upgrade Program

    4 October 2019
    Project & Tenders

    Kraken Robotics has been chosen as the successful bidder on a program for the acquisition of new sonar systems for an unnamed international navy. The navy customer has notified Kraken that it intends to enter into a contract with the company after the expiration of a standstill period. This was a competitive bid process for […]

  • Armada Kraken FPSO Starts Offshore Commissioning

    31 October 2016
    Business & Finance, Operations & Maintenance

    The floating, production, storage and offloading (FPSO) vessel for the Kraken development has completed its shore-based commissioning activities at the quayside in Singapore and has also completed the vessel’s inclination testing programme. The FPSO, named Armada Kraken, has left the yard and is now sailing to deep water anchorage, to undertake commissioning work on 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 Closes Equity Financing with Ocean Infinity

    29 June 2018
    Business & Finance, Equipment

    Kraken Robotics has closed the non-brokered private placement offering with Ocean Infinity for aggregate gross proceeds of $2.3 million. “Kraken is very pleased to have completed this financing with our customer Ocean Infinity,” said Karl Kenny, Kraken’s president and CEO. “The financing strengthens our balance sheet with a patient investor and supportive customer and validates […]

  • Kraken receives sonar order from mystery client

    20 May 2021
    Business Developments & Projects, Technology

    Canadian Kraken Robotics has received an order for the AquaPix sonar from an American autonomous underwater vehicle (AUV) manufacturer. The 3,000-meter rated AquaPix MINSAS 120 Synthetic Aperture Sonar is expected to be delivered to the client this year. Kraken did not reveal the name of the client but did state that the contract value is […]

  • Kraken Inks Agreement with International Defense Contractor

    24 January 2020
    Equipment, Operations & Maintenance

    Kraken Robotics has signed an eight year framework agreement with an unnamed international defense contractor. Under the agreement, Kraken’s Acoustic Signal Processing Group in Toronto will provide development, maintenance, and training to the customer to enhance and modernize its sonar product. Kraken’s Acoustic Signal Processing Group’s core competency is implementation of digital signal processing and […]