The oil fields beneath the North Sea are running out of oil. As there is less oil to pump, costs rise per tonne of oil delivered from the now aging offshore platforms. A decline in oil prices only makes the economics … Continue reading
Tag Archives: Pioneering Spirit
Edward Heerema, the president of Swiss-based Allseas Group S.A., had decided to name their newest and largest ship, Pieter Schelte, after his father, Pieter Schelte Heerema, who was an accomplished marine engineer. Unfortunately, that is not the only thing that his … Continue reading