Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) received contracts totalling $2.7m for subsea batteries and synthetic aperture sonar systems (SAS). The SAS sensor contracts represent two new customers, continuing the growth of Kraken's list of users…
Bumi Armada's Armada Kraken FPSO, a production unit operating at EnQuest's Kraken offshore field in the UK North Sea, has increased operational performance following a shutdown in early June.As Offshore Engineer previously reported, the Armada…
Kraken Robotics Inc. has announced solid financial results for the quarter ended June 30, 2023.Products revenue in the quarter was $10.5 million, an increase of 24% over the comparable quarter. The increase was the result of continued sales of KATFISH…
British North Sea-focused oil producer EnQuest reported a loss after tax for the first half of this year on Tuesday, hit by the UK's windfall tax on the sector.The company, which has operations in the UK and Malaysia, reported loss after tax of $21…
Seajacks, an offshore installation services firm, has secured two new contracts in the offshore wind sector, Eneti, Seajacks' parent company said Monday.According to Eneti, the two new contracts are for work on offshore wind projects in northwest Europe…
Malaysian FPSO leasing firm Bumi Armada said Friday that its Armada Kraken FPSO, on a contract with EnQuest in the UK North Sea, was recently shut-in following the failure of critical hydraulic submersible pump (HSP) transformers. The Kraken…
IKM Testing UK has secured a second contract with the Malaysian FPSO leasing firm Bumi Armada to deliver a drone-based methane emissions survey on the Armada Kraken FPSO, producing oil for EnQuest in the North Sea.The project follows an aerial…
British North Sea-focused oil producer EnQuest said on Wednesday that its 2022 free cash flow jumped 31% from the previous year to $519 million on the back of higher prices, beating guidance, but a windfall tax weighed on its accounts. EnQuest has deferred drilling on its Kraken field…
Kraken Robotics' SeaVision 3D underwater laser scanning technology is primarily used in assisting the offshore energy sector to acquire quality subsea asset integrity information. Specific examples include providing measurements to help clients…
Seajacks, a division of Eneti that provides offshore installation services, has won a contract for one of its jack-up vessels.Eneti said Tuesday that the contract was in northwest Europe. The contract, with an unnamed client, is for 41 to 53 days…
Canadian marine robotics company Kraken Robotics said Friday it had signed a R&D contract with a global energy company that will provide $8 million of cash funding to Kraken’s Brazilian subsidiary over a 3-year period.Under this project, Kraken…
Canada-based maritime robotics firm Kraken Robotics has secured an 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…
Kraken Robotics said that its PanGeo Subsea subsidiary completed an acoustic coring (AC) campaign for ONE-Dyas in the North Sea, the company's second AC survey at ONE-Dyas's GEMS development, supporting foundation engineering of the N05-A gas platforms…
France-based clean hydrogen producer Lhyfe has launched the world’s first offshore renewable green hydrogen production demonstrator.The pilot was launched yesterday (September 22) in Saint-Nazaire, France, which will now begin an 18-month wind-powered pilot…
UK-based offshore wind turbine installation firm Seajacks, owned by Eneti, has revealed the names of the two next-gen offshore wind turbine installation vessels (WTIV) ordered last year by Eneti.The two new NG-160000X vessels will be known as Nessie and Siren…
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