Four of the largest oil companies have pledged $1 billion to build a rapid response system designed to capture and contain oil in the event of another Macondo-style blowout in the deepwater Gulf of Mexico.In a July 21 joint announcement, Chevron…
Rapid technological and market developments in the offshore industry over the past five years have put pressure on class to develop rules and notations for a new generation of specialised well-intervention offshore vessels. DNV's Alexander Wardwell reports…