In the ten months since we last ran a country feature on Indonesia, a lot has happened in the world’s most populous Muslim-majority country, which also happens to be the world’s third largest democracy, and the world’s biggest coal exporter by volume. As an aside, China is the world’s largest coal producer, but uses nearly […]
Bumi Armada
COLUMN | Quick Updates: Atlantica buys DOF’s supply vessel flip; Maersk sells anchor handlers; battery power drive gains momentum in UK and Norway; Ocean Infinity wins grant; more cable layers ordered [Offshore Accounts]
Last week we looked at Britoil’s acquisition of 30 offshore supply vessels (OSVs) from Vroon for a price we estimated to be in the region of US$239 million, and the acquisition of the Vroon Offshore Services management teams in Singapore and Italy. We noted how the Dutch Bank ING had foolishly cut a side deal […]
Bumi Armada’s carbon storage and injection vessel wins nod from ABS
The pioneering design for a floating carbon storage and injection unit (FCSIU), developed by […]
The post Bumi Armada’s carbon storage and injection vessel wins nod from ABS appeared first on Offshore Energy.
https://www.offshore-energy.biz/bumi-armadas-carbon-storage-and-injection-vessel-wins-nod-from-abs/
COLUMN | Nigeria teeters on the edge as oil production collapses, boats sink and the currency plunges [Offshore Accounts]
For all of my lifetime, if you had asked which country was the largest oil producer in Sub-Saharan Africa, the answer would have been Nigeria. For five decades, the count ..
COLUMN | José Eduardo dos Santos: the former president of Angola and his not-so-positive legacy [Offshore Accounts]
Last Friday, July 8, will forever be remembered as the date on which former Japanese prime minister Shinzo Abe was assassinated at an election rally in the city of Nara. ..
COLUMN | It’s all coming back to me now: Sapura Energy [Offshore Accounts]
After looking at the ignominious end of Swire Pacific Offshore, the offshore supply vessel owner sold for a pittance to rival Tidewater (here), we turn our attention this ..
The post COLUMN | It’s all coming back to me now: Sapura Energy [Offshore Accounts] appeared first on Baird Maritime.
COLUMN | Oil and gas prices spike amid war in Ukraine [Offshore Accounts]
Results season is upon us, but the horrible events in Ukraine overshadow everything. Even as the tragedy unfolding there causes human misery and destruction on a scale no ..
The post COLUMN | Oil and gas prices spike amid war in Ukraine [Offshore Accounts] appeared first on Baird Maritime.
COLUMN | Yinson gets big in Brazil, while competitors bleed, and POSH quits Taiwan [Offshore Accounts]
Asian companies have taken a battering in the offshore industry downturn. Singapore’s Ezion and Ezra have gone into liquidation, Malaysian OSV builder and owner Nam Che ..
The post COLUMN | Yinson gets big in Brazil, while competitors bleed, and POSH quits Taiwan [Offshore Accounts] appeared first...
COLUMN | More mistakes? Velesto, Shearwater, PXGEO and Polarcus, P&O Maritime Logistics, Bourbon Oceanteam and Boskalis, and James Fisher Subtech [Offshore Accounts]
Last week we looked at mistakes – mistakes from lenders in Singapore to Swiber and KrisEnergy (here), and a terrible error of judgement that led to the capsizing and si ..
Bumi Armada posts MYR125 million full-year net profit in 2020
Malaysia-based offshore energy facilities and services provider Bumi Armada reported a new profit MYR144.1 million (US$35.5 million) in the fourth quarter of 2020, an ..