Heerema Marine Contractors will put its semi-submersible crane behemoth Sleipnir through its paces at the Marjan oil and gas field is located in the Arabian Gulf off the eastern coast of Saudi Arabia. Heerema has...Read more
PetrochemicalFaced with the coronavirus and the crude price collapse, oil and chemical companies are drastically scaling back capital investments to preserve cash. Most major companies have announced multibillion-dollar reductions.
Shell will reduce its 2020 capital expenditure...Read more