Search results for: kraken

297 results

A list of search results

  • 14 July 2014
    Business & Finance, Equipment

    FES International has won a contract to supply 12 Diverless Bend Stiffener Connectors (DBSCs) to contractor GE Wellstream. FES International has supplied DBSCs to GE Wellstream for more than a decade. The product is one of the firm’s most successful product lines enabling the quick, efficient and safe installation of bend stiffeners on offshore deep […]

  • 14 July 2014
    Business & Finance, Equipment, Project & Tenders

    FES International, a recognised leader in fluid transfer solutions, has won a contract worth  $300,000 to supply 12 Diverless Bend Stiffener Connectors (DBSCs) to contractor GE Wellstream. FES International has supplied DBSCs to GE Wellstream for more than a decade. The product is one of the firm’s most successful product lines enabling the quick, efficient […]

  • 11 July 2014
    Equipment

    MacGregor, part of Cargotec has won an order from Bumi Armada Berhad, a Malaysia-based international offshore oilfied services provider, to supply a Pusnes offloading system for a floating production storage and offloading (FPSO) conversion project. The Pusnes offloading system will be delivered by March 2015. The order is booked into the second quarter 2014 order […]

  • 1 July 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    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 ($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), […]

  • 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 […]

  • 31 March 2014
    Business & Finance

    Bumi Armada Berhad’s subsidiary, Armada Kraken Pte. Ltd., has today secured a syndicated bridge loan facility of USD750 million. The lenders of the Facility are Oversea-Chinese Banking Corporation Limited, Maybank International Labuan Branch, Sumitomo Mitsui Banking Corporation, Singapore Branch, United Overseas Bank Limited, Export-Import  Bank of Malaysia Berhad and Korea Development Bank, Singapore Branch. The Facility […]

  • 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 […]

  • 7 February 2014
    Business & Finance

    Deltamarin has signed a contract with Bumi Armada for the basic design of a floating production, storage and offloading (FPSO) unit. In November 2013, the Malaysia-based international offshore oilfield services provider, Bumi Armada, announced that they have secured a contract to supply the unit to operate in the oil company EnQuest’s Kraken field, which is […]

  • 28 January 2014
    Business & Finance

    Wärtsilä will supply a 62 MW topside power module solution for a Floating Production, Storage and Offloading (FPSO) vessel to be deployed at the Kraken oilfield located in the U.K. sector of the North Sea. This EPC (engineering, procurement and construction) award has been given in December 2013 by Armada Kraken Pte.Ltd, a wholly owned […]

  • 28 January 2014
    Business & Finance, Equipment, Project & Tenders

    Wärtsilä will supply a 62 MW topside power module solution for a Floating Production, Storage and Offloading (FPSO) vessel to be deployed at the Kraken oilfield located in the UK sector of the North Sea. This EPC (engineering, procurement and construction) award has been given in December 2013 by Armada Kraken Pte.Ltd, a wholly owned […]

  • 23 December 2013

    Bumi Armada Berhad said that its nominated wholly-owned subsidiary, Armada Kraken Pte. Ltd. has signed a bareboat charter contract with EnQuest Heather Limited, EnQuest ENS Limited, First Oil and Gas Limited, Nautical Petroleum Limited and Nautical Petroleum AG as field partners, led by EnQuest Heather Limited as field operator for a Floating Production, Storage and […]

  • 23 December 2013
    Business & Finance

    Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad announced that its nominated wholly-owned subsidiary, Armada Kraken Pte. Ltd. has signed a bareboat charter contract with EnQuest Heather Limited, EnQuest ENS Limited, First Oil and Gas Limited, Nautical Petroleum Limited and Nautical Petroleum AG as field partners, led by EnQuest Heather Limited as field operator […]

  • 23 December 2013
    Business & Finance

    Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad announced that its nominated whollyowned subsidiary, Armada Kraken Pte. Ltd. has signed a bareboat charter contract with EnQuest Heather Limited, EnQuest ENS Limited, First Oil and Gas Limited, Nautical Petroleum Limited and Nautical Petroleum AG as field partners, led by EnQuest Heather Limited as field operator […]

  • 23 December 2013
    Business & Finance

    Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad announced that it has signed a bareboat charter contract with EnQuest on 20 Dec 2013 for a Floating Production, Storage and Offloading Vessel (“FPSO”) to be deployed at the Kraken field located in the UK sector of the North Sea. Simultaneously, Bumi Armada UK Limited, a wholly-owned […]

  • 21 November 2013
    Business & Finance, Equipment, Project & Tenders

    SPX Corporation today announced that it was awarded a contract in Q3 worth approximately $22 million for oil well production pumps. The pumps will be utilized for key artificial lift service on EnQuest’s new offshore subsea heavy oil field project, currently being developed in the UK North Sea. Specifically, the new order is for fifteen […]

  • 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 […]

  • 18 November 2013

    Oil & Gas UK has welcomed the announcement that EnQuest’s Kraken development is to go ahead, a project set to recover around 140 million barrels of oil from the North Sea, secure thousands of jobs and generate billions of pounds of revenue for the Treasury over the next 25 years. The project, EnQuest’s sixth production […]

  • 15 November 2013
    Business & Finance

    Malaysia-based oilfield services provider, Bumi Armada announced today that EnQuest  has via a Letter of Interim Agreement , confirmed its intention to award a contract for the supply and operations of an FPSO to Bumi Armada to operate in the Kraken field (UKCS Block 9/02b) in the UK sector of the North Sea. Kraken is one […]

  • 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 […]

  • 15 November 2013

    EnQuest PLC has given its go-ahead for a £4 billion investment in the c.140 million barrel oil field Kraken development. According to EnQuest, the investment is 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 approximately 1,000 operational jobs a year […]

  • 13 August 2013
    Business & Finance

    EnQuest, an independent oil and gas development and production company, releases its first half of 2013 results. Production in H1 2013 was 21,455 Boepd, up 5.9% on H1 2012. Development drilling at the core hub assets delivered good results in H1 2013, this has continued into H2 2013 with a new well on the Thistle […]

  • 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 […]

  • 22 January 2013
    Business & Finance, Equipment, Technology

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

  • 18 January 2013
    Business & Finance, Equipment

    Kraken Sonar Systems Inc., a leading marine technology company, announced that it has been awarded a contract for an AquaPix® Interferometric Synthetic Aperture Sonar system by Australia’s Defence Science and Technology Organisation (DSTO). DSTO is the Australian government’s lead agency charged with applying science and technology to protect and defend Australia and its national interests. […]

  • 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 […]