The newspaper was founded in 1996 to compete with well-established rivals including Oil & Gas Journal, Petroleum Intelligence Weekly, and Offshore Engineer. It covers all aspects of the upstream industry, but focuses especially on news related to business, policy and the sector's key players as well as the commercial side of the industry. Coverage includes exploration, field development, contracts, company news, technological developments and the liquefied natural gas sector, as well as political and financial news which affects the exploration and production sector.
A general contractor (main contractor, prime contractor) is responsible for the day-to-day oversight of a construction site, management of vendors and trades, and the communication of information to all involved parties throughout the course of a building project.
The general contractor is a manager, and possibly a tradesman, employed by the client on the advice of the architect, engineer or the architectural technologist or the client him/herself if acting as the manager. A general contractor is responsible for the overall coordination of a project.
A general contractor must first assess the project-specific documents (referred to as bid, proposal or tender documents). In the case of renovations, a site visit is required to get a better understanding of the project. Depending on the project delivery method, the contractor will submit a fixed price proposal or bid, cost plus price or an estimate. The general contractor considers the cost of home office overhead, general conditions, materials and equipment as well as the cost of labor to provide the owner with a price for the project.