Kraken Gets SeaPower Deep Sea Battery Order

Kraken Robotics has been awarded a contract from a military customer to provide high capacity SeaPower battery solution for an underwater robotics application.

The contract, the second one from this undisclosed client, is worth approximately $2.0 million, the company informed. The previous order by the same customer was placed in April 2019, and had a value of $0.6 million.

Product delivery is anticipated to start in late Q4, 2019 with final deliveries in Q1, 2020.

Karl Kenny, Kraken’s president and CEO, said, “We have seen military and commercial customers adopt our subsea power solutions across a variety of deep-sea applications, and we are pleased that this large military customer has again chosen Kraken’s SeaPower batteries. Kraken Power offers a range of batteries, thrusters and drives addressing the needs of both military and commercial customers. After a significant expansion in headcount, equipment and manufacturing capacity, Kraken Power has worked diligently on improving production efficiencies. We expect to see a significant increase in product deliveries in the coming quarters.”

Kraken’s batteries are pressure-tolerant systems in which the individual components are embedded in flexible polymers. The assemblies are cast with a proprietary vacuum technology enabling the components to work in a deep-sea environment.

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

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Europort 2019

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