“Our wind industry, for instance, is a European success story,” European Commission President Ursula von der Leyen recently said. “But it is currently facing a unique mix of challenges.” We’re no fan of Ms von der Leyen, a nepo-baby whose incompetence as German Defence Minister was rewarded not with the sacking she so richly deserved, […]
BW Energy
COLUMN | More of the same: Tidewater closes Solstad deal; BW Offshore sells to Century; Acta and Bernhard Schulte order CSOVs; Scottish Ferries Fiasco [Offshore Accounts]
Tidewater’s Pac Man-like expansion continues, and the market loves the strategy. Tidewater stock finished up 10 per cent on the week on Friday, July 7, at a record high ..
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 ..
BW Offshore to sell laid-up FPSO
BW Offshore has entered into an agreement for the sale of the floating production storage and offloading unit FPSO Polvo to BW Energy for a total consideration of US$50 m ..
The post BW Offshore to sell laid-up FPSO appeared first on Baird Maritime.
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 | 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 ..
Work Boat World Offshore Vessel Charters Roundup – January 15, 2021
Charters for offshore vessels are already on the rise this early in 2021, indicating the much anticipated growth of a resilient sector that is steadily overcoming the ..
COLUMN | Christmas turkey: Borr Drilling [Offshore Accounts]
Another Christmas Eve, another frantic effort from a struggling Norwegian offshore contractor to cobble together a deal with its creditors before the end of the year. A ..
COLUMN | Do it yourself: oil companies buy rigs and boats in bargain basement (except Energean) [Offshore Accounts]
Boat and rig prices fall. Oil and gas producers buy boats and rigs because they are so cheap. Oil and gas producers own and operate the cheap boats and rigs themselves ..