Owned Subsidiary News

Klein to Produce Synthetic Aperture Sonar

Mitcham Industries, Inc. announced its wholly-owned subsidiary, Klein Marine Systems, Inc. has entered into an agreement with a European defense contractor to jointly upgrade existing technology to create the next generation of synthetic aperture sonar (SAS) systems for commercial and military markets. The new systems will be based on technology developed by each party over the past several years. Financial terms of the arrangement were not disclosed.Guy Malden, Mitcham Co-CEO, said, "Increasingly, customers require higher resolution images and higher scan rates for certain demanding applications.

© WADII / Adobe Stock

Kraken Moves Closer to Finalizing Danish Minehunting Deal

Canadian marine technology company Kraken Robotics Inc. said its its wholly owned subsidiary, Kraken Robotic Systems Inc., has received notification that the complaint process regarding the Royal Danish Navy’s mine hunting upgrade program has been finalized. The Board of Complaints which oversaw the complaint process has ruled in favor of the Royal Danish Navy’s position on all points.Kraken originally announced in October 2019, that it was chosen as the successful bidder on a program for the acquisition of new sonar systems for an unnamed international navy. The delay since then was the

Photo: Elbit Systems Ltd

Elbit Integrated TRAPS Onboard its Seagull USV

follows the recent conversion for operation, by the Israeli Navy, of Helicopter Long-Range Active Sonar (HELRAS) dipping sonar onboard the Seagull USV.TRAPS-USV is the compact and powerful low frequency towed sonar that was recently introduced by Geospectrum, the company’s Canadian wholly owned subsidiary.Photo: Elbit System

Hydroid’s REMUS autonomous underwater vehicle (Photo: Hydroid)

Huntington Ingalls Industries to Acquire Hydroid

.S. Navy, U.S. Coast Guard and other national security customers. The companies will also explore opportunities to market each other’s products to customers on a global scale and to collaborate to create innovative solutions and additional opportunities for growth.Kongsberg Maritime is a wholly owned subsidiary of KONGSBERG, an international, knowledge-based corporation headquartered in Norway. The group delivers advanced technology systems and solutions to clients within the defense and aerospace market and commercial maritime market.Hydroid is a field-proven technology leader in advanced marine robotics

Kraken President & CEO, Karl Kenny (Photo: Eric Haun)

Kraken Finalizes OceanVision Contract

Kraken Robotics Inc. announced its wholly owned subsidiary, Kraken Robotic Systems Inc., has finalized the contract for the OceanVision project with the Ocean Supercluster and industry partners (Petroleum Research Newfoundland and Labrador, Ocean Choice International and Nunavut Fisheries Association).OceanVision is a three-year, $18.8 million project focused on the development of new marine technologies and products to enable an underwater robotics data acquisition and data analytics as a service business. Under the OceanVision project, Canada's Ocean Supercluster will provide an investment up to

Image: Kim Heng Offshore & Marine Holdings Limited.

Kim Heng Enters Taiwan’s OWP

Kim Heng Shipbuilding & Engineering (KHSE), wholly owned subsidiary of Kim Heng Offshore & Marine (KHOM), has entered into a Memorandum of Understanding (MoU) for offshore wind farm projects (OWP) in Taiwan.KHSE did not disclose the name of the other signatory.Singapore headquartered integrated offshore and marine value chain services provider said that its subsidiary and the unnamed subsea cable installer will collaborate with each other targeting the offshore wind farm cable-laying projects in Taiwan.Both companies have agreed to cooperate to pursue submarine cable-laying work for the Taiwan

Bogi Vang, Deputy Country Manager UK & Senior Financial Adviser at DNO North Sea and Phil Milton, CEO at Well-Safe Solutions (Photo: Well-Safe)

Well-Safe Scores DNO Decom Project

Well-Safe Solutions announced Tuesday it has been awarded a contract to decommission up to 21 wells on the Schooner and Ketch fields in the UKCS, operated by DNO North Sea (ROGB) Limited, a wholly owned subsidiary of DNO ASA.The Schooner and Ketch fields, located in the UK Southern North Sea, ceased production in August 2018, with 20 platform wells and a single subsea well. The project will start immediately with a plan to commence offshore operations at the end of 2019. The campaign is expected to last approximately two years.Well-Safe said it will be responsible for the delivery of key aspects of

(Photo: Rolf Skjong / Wintershall Dea)

Subsea Templates Installed on Nova Field

of these two templates marks an important milestone for our global operations and a signal of our ambition to invest capital and expertise in our core regions around the world.”Wintershall Dea holds a 45% share as Nova operator. Its partners in the project include Capricorn Norge AS (a fully owned subsidiary of Cairn Energy PLC) (20%), Spirit Energy Norge AS (20%) and Edison Norge AS (15%).The expected recoverable reserves from Nova are around 80 million barrels of oil equivalent (boe), of which the majority will be oil. The partnership is investing almost €1.1 billion ($1.2 billion) in the

Seagull fitted with KATFISH for remotely operated mine countermeasures and underwater surveillance
Photo: Kraken Robotics Inc.

Kraken Completes Sea Tests of KATFISH with Elbit Systems

Kraken Robotics' wholly owned subsidiary, Kraken Robotic Systems, has completed a series of successful sea tests of its KATFISH towed Synthetic Aperture Sonar system with Elbit Systems Ltd., a major international defense contractor based in Israel.Elbit Systems has developed a state-of-the-art Unmanned Surface Vehicle (USV) named “Seagull”. Seagull is a multi-mission USV platform boasting high autonomy levels and modular features, allowing it to be rapidly reconfigured for a wide array of missions – including anti-submarine warfare and mine countermeasures.“Elbit Systems&rsqu

Marine Technology Magazine Cover Sep 2020 -

Marine Technology Reporter is the world's largest audited subsea industry publication serving the offshore energy, subsea defense and scientific communities.

Subscribe
Marine Technology ENews subscription

Marine Technology ENews is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for MTR E-news