Search results for: kraken

287 results

A list of search results

  • 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 […]

  • 23 January 2012
    Business & Finance

    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 […]

  • 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 […]

  • 22 March 2017
    Business & Finance, Equipment, Research & Development

    Kraken Sonar Systems said it will receive a non-refundable financial contribution of up to $1.47 million 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 support the development of Kraken’s underwater robotics program, which involves development […]

  • 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 […]

  • 29 August 2016
    Infrastructure

    Singapore’s Keppel Offshore & Marine is set to deliver a Floating Production Storage and Offloading (FPSO) vessel to Malaysian shipowner Bumi Armada. The naming ceremony of the FPSO, Armada Kraken, was held at Keppel Shipyard on Saturday, August 27, 2016. Armada Kraken is a harsh-environment FPSO unit that is designed for operations in the North […]

  • 29 August 2016
    Business & Finance

    The naming ceremony for the Floating Production Storage and Offloading (FPSO) vessel Armada Kraken was held at Singapore-based Keppel Shipyard on August 27. According to the shipbuilder, the harsh-environment FPSO vessel is on track for delivery to Armada Kraken, a subsidiary of Malaysia-based international offshore oilfield services provider Bumi Armada. The FPSO is designed for operations in the North Sea under a stringent […]

  • 6 March 2019
    Equipment

    Kraken Robotics has developed new sonar system, the AquaPix MINSAS-240 Synthetic Aperture Sonar (SAS).  Karl Kenny, Kraken’s president and CEO said, “For demanding subsea survey missions in mine countermeasures, infrastructure monitoring and oil & gas exploration; time is of the essence.  The sensor that gets the job done most effectively is one that combines ultra-high […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 19 November 2015
    Business & Finance, Equipment

    Canadian technology company Kraken has acquired the underwater robotics technology and related intellectual property rights previously owned by Marine Robotics. Terms of the acquisition were not disclosed. Marine Robotics ceased operations following the receivership of its parent, Marport Deep Sea Technologies. During its existence, Marine Robotics invested several million dollars in the development of unmanned technology […]

  • 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 […]

  • 16 August 2019
    Business & Finance, Equipment, Research & Development

    Kraken Robotics has delivered its ThunderFish 300 autonomous underwater vehicle (AUV) to its test partner, Defense Research and Development Canada (DRDC) in Halifax, Nova Scotia. Final sea acceptance testing was completed on August 8. The delivery to DRDC was facilitated by a $1 million contract award under the Canadian government’s Build in Canada Innovation Program. […]

  • 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 […]

  • 31 October 2016
    Infrastructure, Project & Tenders

    Oil and gas company EnQuest has reported that the Floating, Production, Storage and Offloading (FPSO) vessel for the Kraken development has left Keppel Offshore & Marine’s shipyard in Singapore heading to deepwater anchorage.  According to an update from EnQuest on Monday, the vessel, named Armada Kraken FPSO, has completed its shore-based commissioning activities at the […]

  • 17 March 2016
    Project & Tenders

    EnQuest, an independent oil and gas firm with assets in the UK North Sea, will continue with cost cutting efforts in 2016, both on capex and opex. In its 2015 results statement on Thursday, the company said its unit operating costs in 2015 were  $29.7 a barrel, down from $42.1 a barrel in 2014. For […]

  • 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 […]

  • 21 November 2016
    Infrastructure, Project & Tenders

    EnQuest, a UK-based E&P company, has informed that the FPSO unit meant for the Kraken field development will sail away from Singapore to its North Sea location ‘in the coming days’. The harsh-environment floating, production, storage and offloading (FPSO) vessel Armada Kraken, named in August 2016, will be deployed to produce the heavy oil found […]

  • 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 […]

  • 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 […]

  • 15 November 2013
    Business & Finance, Operations & Maintenance, Research & Development

    EnQuest PLC, the largest UK independent oil company in the UK North Sea, has given its go-ahead for a £4 billion investment in the c.140 million barrel oil field Kraken development, set to generate billions of revenue for taxpayers and to support an estimated 20,000 jobs during the project’s construction period and an average of […]