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Business & Finance

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Clean FuelElectricFossil EnergyGreen MarineOil & GasPropulsionBusiness Developments & ProjectsEquipmentTechnologyTransitionVesselsDecommissioningProject & TendersFPSO & VesselsExploration & ProductionLNGSubseaVessels & VehiclesEnergy Efficiency & InnovationCollaborationInfrastructureOutlook & StrategyStorageShipbuildingAuthorities & GovernmentRules & RegulationSafetyRigsSurveys & InterventionsEnvironmentRegulation & Policy
Vard will deliver the battery tech for the Atlantic Shrike vessel
Business & Finance

Vard to deliver battery tech for Atlantic Towing’s platform supplier

Vard Electro has been awarded a contract for a hybrid battery power system with Atlantic Towing to be integrated on a platform supply vessel.

about 5 years ago
ExxonMobil
Business & Finance

AqualisBraemar LOC wraps up Sable campaign for ExxonMobil

AqualisBraemar LOC has completed its assignment in connection with the decommissioning & removal campaign of the Sable Project in Nova Scotia.

about 5 years ago
Terra Nova FPSO - Suncor
Business & Finance

Suncor restructuring Terra Nova ownership to secure life extension funding

Suncor and its Terra Nova field partners are restructuring the project ownership to provide funding for a life extension project.

about 5 years ago
Tourmaline buys rival company and eyes Canadian LNG exports
Business & Finance

Tourmaline buys rival company and eyes Canadian LNG exports

Tourmaline Oil has acquired privately owned energy company Black Swan Energy, as a part of the plans of supplying Canadian LNG export terminals, with North Montney as the key sub-basin.

about 5 years ago
Dive Technologies to deliver custom-made AUV for Kraken Robotics
Business & Finance

Dive Technologies to deliver custom-made AUV for Kraken Robotics

Dive Technologies has formally extended partnership with Kraken Robotics to build a commercial autonomous underwater vehicle (AUV) for deep subsea cable and infrastructure inspections and geophysical surveys.

about 5 years ago
Hibernia platform - Wood
Business & Finance

Hibernia contract renewal for Wood

HMDC has renewed a contract with Wood to provide engineering, procurement, and construction solutions and maintenance to the Hibernia.

about 5 years ago
Sterling PlanB and ICE Marine Design partner on ESS adoption
Business & Finance

Sterling PlanB and ICE Marine Design partner on ESS adoption

Canadian energy storage company, Sterling PlanB, and independent ship design group, ICE Marine Design, have signed a cooperation agreement to increase the uptake of energy storage systems (ESS).

about 5 years ago
NYK
Business & Finance

NYK welcomes newbuild LNG carrier into the fleet

Japanese shipping major Nippon Yusen Kaisha (NYK) took delivery of a new liquefied natural gas (LNG) carrier Diamond Gas Crystal, built at Hyundai Samho Heavy Industries (HSHI).

about 5 years ago
Kraken receives second AquaPix sonar order from Teledyne
Business & Finance

Kraken receives second AquaPix sonar order from Teledyne

Kraken Robotics has received a second order from Teledyne Gavia to equip the SeaRaptor autonomous underwater vehicle (AUV) with its AquaPix SAS Sonar. To remind, last week Kraken revealed it had secured a new order for AquaPix, but did not disclose the client’s name. The sonar will be featured on th

about 5 years ago
McAsphalt-Greenship
Business & Finance

McAsphalt orders dual-fuel bitumen tanker at Wuhu Shipyard

At the end of April 2021, Canada’s largest bitumen industry dealer McAsphalt and China’s Wuhu Shipyard signed a contract for one plus one 12,000DWT/11,700m³ bitumen designed by FKAB Marine Design.

about 5 years ago
Hibernia platform
Business & Finance

Hibernia platform: Investigation launched after near-miss incident

A near-miss incident with the potential for fatality has happened on the HMDC-operated Hibernia platform offshore Canada.

about 5 years ago
Pacific Khamsin rig
Business & Finance

U.S. weekly offshore rig count up to 15

The number of offshore rigs in the U.S. increased by two units over the last week, according to a Friday report by Baker Hughes.

about 5 years ago
Kraken Robotics expects 100% revenue growth in 2021
Business & Finance

Kraken Robotics expects 100% revenue growth in 2021

Canadian Kraken Robotics is expecting a revenue of $24 million to $28 million for the year ending on 31 December 2021, which would represent a more than 100% growth compared to $12.3 million in 2020. The growth is due to recent contract wins for KATFISH 180 towed sonars, as well as ALARS for the Dan

about 5 years ago
Transocean Barents rig
Business & Finance

Transocean and Suncor fined over offshore fluid spill

Canadian offshore petroleum regulator has fined Suncor Energy and Transocean over an unauthorized fluid discharge from a rig back in 2018.

about 5 years ago
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