serious concern

Health & Safety

Cracked gear shaft just year old

30/11/2012

The gear shaft on a Super Puma helicopter which ditched in the North Sea in May cracked just over a year after it was made, according to a report published yesterday.

Oil & Gas

Upstream construction costs rocket

COSTS associated with constructing new oil&gas upstream facilities have reached a new record high, according to the latest IHS/Cambridge Energy Research Associates (CERA) Upstream Capital Costs Index. They are up 6% over the past six months and have doubled since 2005.