The U.S. government will formally examine potential failure points of blowout preventers following a four-month-long forensic examination by a Norwegian firm into the failed device on BP's Macondo well in the Gulf of Mexico, Interior Secretary Ken Salazar said in an April 5 conference call. Image: Courtesy of Det Norske Veritass Forensics firm Det Norske Veritas showed that pressure buckled a 5½-in.-dia steel pipe, pushing it off-center and preventing the Macondo well�s blowout preventer from working. Following the well's April 2010 blowout, its blowout preventer (BOP) failed to stop the flow of oil and gas. The report, by Oslo-based Det
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.