Guyana Races Against the Clock to Bank Its Offshore Oil Bonanza
For the poor, small South American country of Guyana, there's no time like the present when it comes to reaping the rewards of its offshore oil jackpot.With sky-high oil prices, a transition to renewable energy on the horizon, and 750,000 citizens desperate for better lives, Guyana is putting its foot on the gas to exploit its vast oil reserves, even if that means sacrificing some longer-term gains.Already locked into contracts with oil firms that have been criticized for being too one-sided…
USCG Lessons Learned: Proper Maintenance
A partial propulsion failure occurring on a commercial vessel can result in significant injury and damage when the movement of the vessel is unchecked and an allision or collision occurs. In some circumstances a significant amount of hull damage can occur at very slow speeds, while in others, multiple fatalities may occur. Owners and operators, and those responsible for vessel maintenance, specifically steerage and propulsion systems may find the following information useful and recognize the need to examine their own vessel's equipment and maintenance systems. Although the following speaks to a specific propulsion system, the noted lessons are useful for any type. The vessel was equipped with cycloidal drive units fore and aft.