Pioneering Spirit Lands Large Pipelaying Contract
Allseas Group has secured employment for its huge construction flagship in the Black Sea. The 403,000-gt heavy lifter Pioneering Spirit (built 2015) has been awarded a contract for the installation of the first line of
U.S. Gasoline Consumption Growth May Slow in 2017
U.S. gasoline consumption has been growing at the fastest rate for more than a decade as lower fuel prices and an expanding economy have combined to produce a big increase in demand. OPEC is relying
BP’s Thunder Horse Leaks in GoM
A joint connecting a hose at BP’s Thunder Horse platform disconnected and released drilling fluid into the Gulf of Mexico (GoM) last month, in an incident that the US Bureau of Safety and Environmental
Shell, Iran agree on future oil and gas development
Royal Dutch Shell signed a provisional agreement on Wednesday to develop Iranian oil and gas fields, an Iranian official said, the first deal by the world's second biggest listed oil firm in Iran since sanctions