On the first day of Christmas my true love gave to me… a partridge in a pear tree, according to the ancient English carol, but at Baird Maritime, that’s the cue for a dozen topical features about the offshore industry. Lovers of festive traditions get scrolling, as for the fourth year in a row, we […]
ADNOC Drilling
COLUMN | There’s a price to be paid: ADES, Seadrill, and Icon jackup rigs; Sapura; Adnoc Drilling, Aban and others; Saipem and Lukoil [Offshore Accounts]
Eighteen months ago, we highlighted (here) the transformation of the Middle Eastern oilfield services market as big, state-owned players in Saudi Arabia, the Emirates, an ..
COLUMN | Rescue Remedy? Shelf and Noble; Saipem and BW Energy; Borr Drilling and the nameless one; Lamprell on the rocks [Offshore Accounts]
For over eighty years, stressed English ladies, and the occasional offshore supply vessel master, have sworn by the power of Rescue Remedy, a patented concoction of five ..
COLUMN | Saudi Aramco surpasses Apple – and hires 26 more jackup drilling rigs and dozens of extra offshore vessels! [Offshore Accounts]
This month Saudi Arabian state oil company Saudi Aramco surpassed Apple as the world’s most valuable company. The world’s biggest oil producer is now the world’s bi ..
COLUMN | Drilling Update: Borr, Vantage/ADES, Stena/Samsung, Adnoc Drilling, Maersk, and Standard not Drilling [Offshore Accounts]
Time for a six pack of updates on the biggest offshore drilling stories of the last few weeks. Whilst three autonomous marine survey companies and one of Australia’s la ..
COLUMN | Borr’s fragile hope is Keppel’s hope too [Offshore Accounts]
On August 31, Borr Drilling released its second quarter results for its fleet of 23 jackups (here). Borr operates a fleet of 23 modern jackups with an average age of four ..
COLUMN | Do it yourself, Gulf style: Middle Eastern states invest in offshore oilfield services companies [Offshore Accounts]
In Saudi Arabia, Qatar and the UAE, public investment by petro-states is increasingly focused on squeezing out private sector businesses in oilfield services, especially ..