Marine & Offshore Featured Stories:

    • VARD secures new contracts

      by Tina Olivero

      VARD, one of the major global designers and shipbuilders of specialized vessels, is delighted to announce contracts of the design and construction of two Commissioning Service Operations Vessels (CSOVs) with options for two additional vessels, and the sales and conversion of one Platform Supply Vessel to be converted to a Service Operation Vessel (SOV) for Norwind […]

    • Burrowes Family: Form Guyana Partnerships To Support The Oil Boom

      by Tina Olivero

      What country can you visit, that is light years ahead of everyone else when it comes to diversity and inclusion? What’s the only country in South America where the official language is English? Where’s the only country in South America that is discovering oil at an unprecedented rate setting in on a trajectory to be […]

    • Shipping: New Fuel Performance Rating

      by Tina Olivero

      In June 2021, the IMO adopted a new fuel performance rating system to help meet greenhouse gas (GHG) reduction targets from shipping. Starting in 2023, the environmental performance of ships will be evaluated on their annual average fuel consumption (carbon intensity index) on a five-rank scale from A to E. Penalties will be imposed based […]

    • Offshore energy sector gets boost from supercluster project

      by Tina Olivero

      A newly announced $3.4-million GeoScan project will help “de-risk” Atlantic Canada’s offshore wind and energy sectors by improving the technology for installations on glacial seabeds. The GeoScan project, announced recently by Canada’s Ocean Supercluster – a St. John’s-based network of businesses and researchers tasked with generating new technologies – will use wider 3-D acoustic scans to […]

    • Oil majors to restart stalled offshore projects

      by Tina Olivero

      Suncor Energy Inc. and Cenovus Energy Inc., two of Canada’s largest oil companies, have announced plans to restart stalled offshore oil projects and boost job prospects in Newfoundland and Labrador. The Calgary-based oil majors announced agreements to restructure both the Terra Nova FPSO and West White Rose projects off the province’s coast. The agreements, supported by $205 […]

    • Wood Awarded Contract for Humber Zero Project

      by Tina Olivero

      Wood, the global consulting and engineering company, has been appointed as the integration project management contractor for Humber Zero, one of the leading industrial decarbonization projects in the UK. As the most carbon-intensive industrial cluster in the UK, the Humber emits 12.4 million tonnes a year. Humber Zero, a partnership between the Phillips 66 Humber […]

    • Cenovus announces Atlantic assets restructuring plan

      by Tina Olivero

      Cenovus Energy Inc. has entered into agreements with its partners in the Atlantic region to restructure its working interests in the Terra Nova and White Rose projects, providing improved economics for the company’s regional portfolio. These agreements will increase Cenovus’s working interest in Terra Nova and, if a decision is taken to restart West White […]

    • CRP Subsea launches new Motion Stabiliser

      by Tina Olivero

      CRP Subsea is launching its new Motion Stabiliser technology, specifically designed toprotect cables, umbilicals and flowlines from motion instability and damage fromuncontrolled movement. Engineered to mitigate instability in both axial and lateraldirections, the unique Motion Stabiliser design includes customisable fins that anchor intothe seabed increasing overall resistance. The Motion Stabiliser incorporates CRP Subsea’s established Uraduct® […]

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