Jeremy Cresswell

Oil & Gas

Check for fraud, warns IMCA

THE International Marine Contractors Association (IMCA) has issued a warning about false diving qualifications and the threat this poses to safety. It says there is a growing number of cases where divers have used, or attempted to use, falsified qualifications to gain employment or as a prerequisite for further training.

Oil & Gas

Saudi thoughts on oil prices

I GAVE up forecasting oil prices a few years ago. From the economic perspective, the equilibrium price - with demand and supply in balance - was then about $15 per barrel. It fell to about $10, which caused serious problems for many producers, not least in the North Sea, but has never been near that level since.