Lady Gaga famously sang that she was “on the edge of glory”. This week, we look at four companies on the edge of….well, something. Let’s check in on two construction companies, a subsea mining venture, and our favourite wind turbine installer. McDermott on the edge Finally, a judge in the UK has...
Allseas Group
COLUMN | “Not a matter of if, but when”: Subsea mining on hold, for now; Teddy goes to St Petersburg; Safer gets safer [Offshore Accounts]
It has been a rollercoaster couple of months for seabed mining pioneer The Metals Company. For most of the last year, the company’s share price languished below one ..
COLUMN | Mining marriage made in heaven? DEME and Transocean co-operate in deep ocean minerals – new drillship conversion imminent after Allseas’ proof of concept [Offshore Accounts]
Some seriously odd things have been happening with everyone’s favourite penny stock deepsea mining player, The Metals Company. On January 31, Gerard Barron’s speculat ..
Offshore Projects News Roundup | January 10 – Installation works in Africa, North Sea, and the Americas
New projects cover installation works in support of customers in the US East Coast, Egypt, Guyana, and Norway. Empire Offshore Wind awards cable installation work on US E ..
The post Offshore Projects News Roundup | January 10 – Installation works in Africa, North Sea, and the Americas appeared...
COLUMN | The Metals Company: dilution in action as founders file to sell their shares in the seabed miner [Offshore Accounts]
What did we spy on the last trading day before Christmas 2022? Not Santa sliding down a chimney, but shares in a leading subsea mining company sliding hard to a record lo ..
COLUMN | Eneti’s wishful thinking; Transocean enters subsea mining; Allseas progresses wet mining tests; Boskalis goes private; SHUAA buys Allianz Marine in Abu Dhabi [Offshore Accounts]
Last week we looked at the ongoing restructurings at DOF, Havila, Siem Offshore and Saipem. With judicious bail outs from shareholders and support from lenders, the oil a ..
COLUMN | Wind, gas and coal: Gazprom, DNV and the European renewables boom [Offshore Accounts]
Well, that didn’t take long. In May (here) we were predicting that the purchase of some large anchor handlers by Sevnor could prove an amazing coincidence if such ..
COLUMN | Singing from the same songsheet: BP, Subsea7, Allseas, PGS and the rest [OFFSHORE ACCOUNTS]
All dictators seem to use the same playbook. They lock up or kill their opponents, purge their enemies, censor the press, bend the judiciary to their will, and in the ..