Search results for: kraken

297 results

A list of search results

  • 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 […]

  • 2 April 2018
    Business & Finance, Equipment, Research & Development

    Kraken Robotics’ wholly-owned subsidiary, Kraken Robotic Systems, has been formally notified by the Government of Canada that its application to the Build in Canada Innovation Program (BCIP) has been approved. The company has been pre-qualified into the program for its ThunderFish 300 autonomous underwater vehicle (AUV) for military and scientific applications. Karl Kenny, Kraken’s president […]

  • 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. […]

  • 19 February 2018
    Project & Tenders

    UK-based oil company EnQuest has further reduced capital expenditure for its Kraken project in the North Sea and is now expected to be more than 25% lower than originally sanctioned cost of $3.2 billion. 

  • 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 […]

  • 11 January 2018
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Kraken Robotics developed a real-time synthetic aperture sonar (SAS) system that has been integrated and tested onboard a US Navy REMUS 600 autonomous underwater vehicle (AUV) operated by the Naval Undersea Warfare Center in Rhode Island. “Kraken is proud to have developed an AUV solution for real-time, ultra high-resolution imaging and 3D mapping of the […]

  • 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 […]

  • 30 November 2017
    Infrastructure, Project & Tenders

    The EnQuest-operated Kraken development in the UK North Sea has been producing “above expectations” with production reaching 40,000 bopd in November.

  • 24 November 2017
    Business & Finance, Equipment, Project & Tenders

    Kraken Robotics has been awarded a competitive contract valued at approximately $750,000 for the development of underwater sensors and robotics that should advance digitalization of integrated operations within Newfoundland and Labrador’s offshore oil and gas sector. Contract funding is being provided by Petroleum Research Newfoundland and Labrador (PRNL), InnovateNL and industry partners. The contract will […]

  • 27 October 2017
    Business & Finance, Equipment, Research & Development

    Kraken Robotics has through its wholly-owned subsidiary, entered into a strategic partnership with Avitas Systems, a GE Venture. The companies will integrate autonomous underwater vehicles (AUVs), acoustic and laser sensor technology and artificial intelligence-based navigation software into subsea inspection solutions for the oil and gas, offshore renewable energy, and shipping industries. The announcement was made […]

  • 27 October 2017
    Equipment

    Avitas Systems, a GE Venture, has entered into a strategic partnership with Kraken Robotics to create an integrated subsea inspection solution for the oil and gas, offshore renewable energy, and shipping industries. GE said on Thursday that the solution would integrate autonomous underwater vehicles (AUVs), acoustic and laser sensor technology, and artificial intelligence-based navigation software. […]

  • 10 October 2017
    Business & Finance, Equipment

    Kraken Robotics has informed that retired Vice Admiral Michael J. Connor, United States Navy, has joined its Board of Directors. In a 35-year career in which he rose to the rank of Vice Admiral in the United States Navy, Connor commanded at the ship, squadron and task force levels. His assignments included command of USS […]

  • 25 September 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Edinburgh-based engineering consultancy QED Naval has completed the factory acceptance tests on its Subhub tidal platform named Kraken.

  • 22 September 2017
    Business & Finance, Equipment

    Kraken Sonar has changed its name to Kraken Robotics and that effective Friday, September 22, 2017, it will begin trading under its new name. The company’s stock symbols will remain the same. The company’s Canadian operating subsidiary, Kraken Sonar Systems has been renamed Kraken Robotics Systems. While the public company name and Canadian operating subsidiary […]

  • 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 […]

  • 11 September 2017
    Business & Finance, Equipment, Project & Tenders

    Kraken Sonar Systems has been awarded a contract valued at approximately C$3 million by Ocean Infinity. Kraken will supply and integrate its AquaPix (Miniature Interferometric Synthetic Aperture Sonar and Real-Time SAS Signal Processor) solution onboard eight of Ocean Infinity’s HUGIN autonomous underwater vehicles (AUV). Delivery of the systems is planned to start during the fourth […]

  • 7 September 2017

    UK-based oil and gas company EnQuest has further cut costs on its Kraken development in the UK sector of the North Sea by $100 million.  In its half year results on Thursday, EnQuest confirmed it had reduced Kraken’s full cycle gross project capex by a further c.$100 million, down to $2.4 billion, 25% down on […]

  • 28 August 2017
    Business & Finance, Equipment, Technology, Vessels

    In their Summer 2017 Issue of the Company Magazine, Jay Cashman, Inc. said that the company’s hydraulic barge offloader Kraken has been refitted recently so it can now operate either as a barge offloader or as a booster barge. The American heavy-construction company based in Quincy, Massachusetts, said in the magazine that the Kraken can […]

  • 28 August 2017
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    A new European project named Kraken has started. The project received €350.000 through financing of OCEANERANET (Ocean Energy European Research Area Network) and gathers four partners of three different countries: WavEC Offshore Renewables and Instituto Super Técnico (Portugal), SIANI (Canary Islands) and CADFEM (Ireland). The partners encountered in Lisbon, Portugal, at the end of July […]

  • 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 […]

  • 30 June 2017
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Kraken Sonar has formally taken delivery of ThunderFish Alpha autonomous underwater vehicle (AUV) designed for deep sea military, commercial and scientific applications. The ThunderFish Alpha AUV (formerly called DEDAVE) was developed by Germany’s Fraunhofer Institute and will be used as a technology demonstrator platform to support ongoing development of Kraken’s underwater sensor and robotics programs. […]

  • 26 June 2017
    Business & Finance, Operations & Maintenance

    EnQuest has confirmed that first oil from the Kraken development was delivered on June 23, 2017. During the initial ramp-up period, the 13 wells that have been drilled and completed to date, comprising 7 producers and 6 injectors, are being brought online in a phased manner, to maximise long term productivity and value. EnQuest CEO, […]

  • 26 June 2017
    Project & Tenders

    EnQuest has informed that that first oil from its Kraken North Sea field was produced on June 23, 2017. Kraken is a large heavy oil accumulation in the UK North Sea, located in the East Shetland basin, to the west of the North Viking Graben, approximately 125 km east of the Shetland Islands. The field contains c.128 […]

  • 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 […]

  • 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 […]