Congress, engineers and oil industry executives have identified a list of flawed decisions made by BP and others—made under pressure to speed up work and reduce cost—that may be behind the April 20 fatal explosion that sank the Deepwater Horizon drilling rig. Photo Courtesy of BP Above, gas and oil is burned off at the site of the April 20 Deepwater Horizon well disaster in the Gulf of Mexico. BP says it is capturing more than 23,000 barrels of oil a day and burning about half of it. The explosion killed 11 workers and led to the eruption of oil
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.