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 […]
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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 | A tale of six restructurings: Polarcus, Seadrill, Diamond Offshore, Siem Offshore, SeaBird Exploration, and Pacific Radiance [Offshore Accounts]
Charles Dickens offered only A Tale of Two Cities. This week, I offer a tale of no less than six restructurings, as the crisis in the offshore sector comes to a head. One ..