Borr Drilling

COLUMN | Correcting course: Aramco and jackups; Siem Offshore and Kristian Siem; Ferguson Marine; MMA Offshore; Maersk/Svitzer [Offshore Accounts]

Harold Macmillan was supposedly once asked what the most troubling problem of his time as British Prime Minister was. “Events, my dear boy, events,” was his reply. I thought I had this week’s column nailed well in advance, but offshore is an industry especially susceptible to unexpected and hard to predict “events”. So, we must […]

The post COLUMN | Correcting course: Aramco and jackups; Siem Offshore and Kristian Siem; Ferguson Marine; MMA Offshore; Maersk/Svitzer [Offshore Accounts] appeared...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-correcting-course-aramco-and-jackups-siem-offshore-and-kristian-siem-ferguson-marine-mma-offshore-maersk-svitzer-offshore-accounts/

COLUMN | Lowered expectations: Saudi Arabia’s oil production; Nigeria’s currency; SBM’s whistleblower; Falkland Islands’ FPSO [Offshore Accounts]

The novelist Jodi Picoult once said that, “there are two ways to be happy: improve your reality, or lower your expectations.” Changing the world for the better is hard, but there have been a lot of expectations lowered in the offshore industry this week. Unfortunately, these reduced expectations seem to have produced little joy in […]

The post COLUMN | Lowered expectations: Saudi Arabia’s oil production; Nigeria’s currency; SBM’s whistleblower; Falkland Islands’ FPSO [Offshore Accounts] appeared...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-lowered-expectations-saudi-arabias-oil-production-nigerias-currency-sbms-whistleblower-falkland-islands-fpso-offshore-accounts/

COLUMN | Solstad Offshore and Aker Capital: circular reasoning and circular dealmaking [Offshore Accounts]

Offshore is a cyclical industry; when assets are at their cheapest, nobody wants to buy them, and nobody will lend money to acquire offshore vessels and rigs. If only I had had the foresight to buy Tidewater stock in May 2020 when it traded below US$5 per share, as opposed to US$68 on Friday. But...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-solstad-offshore-and-aker-capital-circular-reasoning-and-circular-dealmaking-offshore-accounts/

COLUMN | What are the consequences of the offshore surge? Tidewater’s triumph provides Chinese yards with boom, and starts North Sea exodus [Offshore Accounts]

One of the delights of the offshore market recovery has been the surge in charter rates for platform supply vessels (PSVs) around the world. Tidewater’s triumphant presentation at the Barclays CEO Energy Conference earlier this month showed the potency of the market recovery that the company has driven ever onwards and upwards after its acquisition […]

The post COLUMN | What are the consequences of the offshore surge? Tidewater’s triumph provides Chinese yards with boom, and starts North Sea...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-what-are-the-consequences-of-the-offshore-surge-tidewaters-triumph-provides-chinese-yards-with-boom-and-starts-north-sea-exodus-offshore-accounts/

COLUMN | Tension: Chevron in Cyprus; Ørsted’s woes; Maersk Supply Service restructures; Borr’s Mexican receivables [Offshore Accounts]

Kylie Minogue has a new pop single out this week, called Tension, which is most appropriate. There’s tension in the Eastern Mediterranean, tension across the offshore wind industry, as another major operator takes a big write off, and tension in Maersk Supply Service, where 130 British staff face redundancy, the COO has been let go, […]

The post COLUMN | Tension: Chevron in Cyprus; Ørsted’s woes; Maersk Supply Service restructures; Borr’s Mexican receivables [Offshore Accounts] appeared first on

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-tension-chevron-in-cyprus-orsteds-woes-maersk-supply-service-restructures-borrs-mexican-receivables-offshore-accounts/

COLUMN | Tor Olav Trøim, Golar LNG, diversity and carbon emissions equity [Offshore Accounts]

Tor Olav Trøim has enjoyed a stellar career in shipping. Now chairman of Golar LNG, a role he has held for more than five years, Mr Trøim has served as a director of th ..

The post COLUMN | Tor Olav Trøim, Golar LNG, diversity and carbon emissions equity [Offshore Accounts] appeared first on Baird...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-tor-olav-troim-golar-lng-diversity-and-carbon-emissions-equity-offshore-accounts/

COLUMN | Riding the rollercoaster (again): ARO, Deep Value Driller, Dolphin, UDS, MEO and Uniwise [Offshore Accounts]

Last week (here), we looked at the recovery of the drilling market, epitomised by the return to a public listing of Dolphin Drilling in Oslo on September 15. A few days l ..

The post COLUMN | Riding the rollercoaster (again): ARO, Deep Value Driller, Dolphin, UDS, MEO and Uniwise [Offshore Accounts]

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-riding-the-rollercoaster-again-aro-deep-value-driller-dolphin-uds-meo-and-uniwise-offshore-accounts/

COLUMN | Surprise, surprise! Saipem, Borr Drilling, The Metals Company, Impossible Mining and Olympic [Offshore Accounts]

Last week was a rollercoaster week for the offshore market. The North Sea spot market continued to sizzle, with Tidewater fixing the 235-tonne bollard pull anchor handler ..

The post COLUMN | Surprise, surprise! Saipem, Borr Drilling, The Metals Company, Impossible Mining and Olympic [Offshore...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-surprise-surprise-saipem-borr-drilling-the-metals-company-impossible-mining-and-olympic-offshore-accounts/

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 ..

The post COLUMN | Rescue Remedy? Shelf and Noble; Saipem and BW Energy; Borr Drilling and the nameless one; Lamprell on the...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-rescue-remedy-shelf-and-noble-saipem-and-bw-energy-borr-drilling-and-the-nameless-one-lamprell-on-the-rocks-offshore-accounts/

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 ..

The post COLUMN | Saudi Aramco surpasses Apple – and hires 26 more jackup drilling rigs and dozens of extra offshore vessels!...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-saudi-aramco-surpasses-apple-and-hires-26-more-jackup-drilling-rigs-and-dozens-of-extra-offshore-vessels-offshore-accounts/

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