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Fugro's remote operations center in Canada opens for business
Subsea

Fugro’s remote operations center in Canada opens for business

Fugro has opened a new remote operations center (ROC) in St. John’s, Canada, which will be used for controlling offshore survey operations. According to Fugro, the St. John’s ROC will serve offshore energy and other marine-based clients whose work in Canada often involves harsh operating conditions

about 3 years ago
New company for offshore services comes to market
Subsea

New company for offshore services comes to market

France-headquartered Bourbon and Canada’s Horizon Maritime have established a new company with a base fleet of seven vessels dedicated to providing marine services and operations with a focus on the North Sea and Canadian offshore markets. Incorporated in Norway, Bourbon Horizon is strategically pos

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about 3 years ago
Uranus rig; Source: Trillion Energy
Subsea

Canadian player takes steps to gain more insight into Black Sea project’s gas potential

Canada’s oil and gas player Trillion Energy has kicked off its 3D seismic reprocessing project for a natural gas field in the Black Sea offshore Türkiye

about 3 years ago
PanGeo Subsea officially becomes Kraken Robotics
Subsea

PanGeo Subsea officially becomes Kraken Robotics

The PanGeo Subsea brand and company name have changed to Kraken Robotics as of 1 January 2023, following the completion of the acquisition by the Canadian company in 2021. To remind, Kraken Robotics entered into a non-binding letter of intent (LOI) to acquire PanGeo Subsea in April 2021. The Canada-

about 3 years ago
Coastal GasLink finishes the year with construction milestones
Subsea

Coastal GasLink finishes the year with construction milestones

TC Energy-led Coastal GasLink has set a strong foundation for the next and final year of construction, with the project achieving more than 80% its completion. The Coastal GasLink team said that among many achievements, the most notable ones include the 100% pipe installation in Sections 1 and 4, th

about 3 years ago
Kraken Robotics makes top executive changes
Subsea

Kraken Robotics makes top executive changes

Kraken Robotics has appointed Greg Reid as its new president and chief executive officer (CEO), marking a leadership transition in the Canadian company.

about 3 years ago
Canadian FPSO still on track to come back online next year
Subsea

Canadian FPSO still on track to come back online next year

Suncor has revealed that the Terra Nova life extension project is ongoing while the FPSO is still expected back in Canada by year-end.

about 3 years ago
Kraken Robotics scoops $8 million in new R&D contract
Subsea

Kraken Robotics scoops $8 million in new R&D contract

Kraken Robotics has signed an R&D contract with a “global energy company” which will provide $8 million of cash funding to its Brazilian subsidiary over a three-year period. Under the project, Kraken will continue the development of artificial intelligence (AI), machine learning software and subsea

about 3 years ago
Mystery AUV manufacturer orders Kraken subsea battery
Subsea

AUV manufacturer places subsea battery order with Kraken

Kraken Robotics has received a follow-on order for subsea batteries from a manufacturer of autonomous underwater vehicles (AUVs). The order is valued at $1.1 million and is a follow-on from a $4.8 million order from the same customer earlier this year. Delivery is expected in the fourth quarter of t

about 4 years ago
Port of Argentia
Subsea

Port of Argentia forms JV with Torrent Capital targetting infrastructure investments

Newfoundland-based Port of Argentia and Torrent Capital have set up a joint venture company, Argentia Capital Inc, which will focus on the construction of port infrastructure, and investments in upcoming renewables and oil and gas projects. The establishment of the joint venture comes ahead of a hos

about 4 years ago
energy
Subsea

In focus: A snapshot of the future of offshore energy

A closer look at this week’s snapshot of the most recent energy transition-related developments reveals an outline of what the future may hold for the sector.

about 4 years ago
Terra Nova FPSO - Suncor
Subsea

Canadian FPSO on track to return to home waters before year-end

Suncor has revealed that the Terra Nova life extension project is making progress and the FPSO is expected back in Canada by the end of 2022.

about 4 years ago
Electromagnetic Geoservices goes to Canada
Subsea

Electromagnetic Geoservices goes to Canada

Norway’s Electromagnetic Geoservices (EMGS) has secured $2 million in prefunding for a multi-client survey offshore Newfoundland and Labrador. The contract is conditional upon securing the required permits in Canada before September. The acquisition is expected to take place late in the third quarte

about 4 years ago
Floating solar park with offshore wind farm (Courtesy of RWE)
Subsea

In focus: Global hunt for energy security revving up as Russian crisis jolts supply chains

With the next United Nations Climate Change Conference approaching in a few months, governments and energy companies around the globe are working on strategies on how to shift from fossil fuels to renewable energy.

about 4 years ago