
U.S. offshore engineering and construction firm McDermott has secured classification from the American Bureau of Shipping (ABS) for its pipelay vessel that recognizes its environmental performance, including energy efficiency, waste management, emissions reduction, and coastal ecosystem preservation

A further insight into the preliminary findings related to a recent gas discovery, made by the UK-headquartered energy giant Shell in the North Sea, indicates recoverable resources level may be at the lower end of pre-drill estimates.