Texas, Louisiana, and Mississippi have sued the U.S. government to block a proposed rule by the Biden administration that would require offshore oil and gas companies to provide nearly $7 billion in financial assurances for decommissioning old infrastructure.
McDermott wins major EPCI contract for ADNOC’s Al Nasr offshore expansion
McDermott has been awarded a major EPCI contract by ADNOC for the Nasr-115 Expansion Project...

