Oil & Gas

Pioneering Spirit sets world lifting record

APRIL 28, 2017 — Allseas’ dynamically positioned single-lift installation/decommissioning and pipelay vessel Pioneering Spirit set a world lifting record today with the safe and successful removal of Shell UK’s 24,000 t Brent

Strong crude exports from North Sea, GOM

APRIL 19, 2017—While overall seaborne demand for Very Large Crude Carriers (VLCC) and Suezmax tankers was down 4.6% in the first quarter of this year as compared with the previous quarter, there