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, […]

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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 | 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 ..

The post COLUMN | More of the same: Tidewater closes Solstad deal; BW Offshore sells to Century; Acta and Bernhard Schulte order...

https://www.bairdmaritime.com/work-boat-world/offshore-world/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/

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 | Gaddafi’s crooked rules leave toxic legacy: African ferry scam, Libya looted, ENI investing, divisions unhealed [Offshore Accounts]

Last week, when we looked at the parlous state of governance and government in Africa’s major oil and gas producers, we briefly touched upon the wretched condition of L ..

The post COLUMN | Gaddafi’s crooked rules leave toxic legacy: African ferry scam, Libya looted, ENI investing, divisions...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-gaddafis-crooked-rules-leave-toxic-legacy-african-ferry-scam-libya-looted-eni-investing-divisions-unhealed-offshore-accounts/

COLUMN | Namcor’s woes as chair arrested for drugs and managing director suspended over Angolan deal: will Namibia emulate Nigeria or Norway? [Offshore Accounts]

This Easter, after looking at three companies that experienced miracles last week, we move to an entire country that stands on the cusp of a miraculous transformation: Na ..

The post COLUMN | Namcor’s woes as chair arrested for drugs and managing director suspended over Angolan deal: will Namibia...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-namcors-woes-as-chair-arrested-for-drugs-and-managing-director-suspended-over-angolan-deal-will-namibia-emulate-nigeria-or-norway-offshore-accounts/

COLUMN | Saipem lives again, Mozambique restart is slated whilst more small island Caribbean corruption emerges [Offshore Accounts]

A year ago we were reporting on the crisis at Saipem. The company’s shares had crashed and the CEO was on his way out as the company racked up over a billion dollars of ..

The post COLUMN | Saipem lives again, Mozambique restart is slated whilst more small island Caribbean corruption emerges...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-saipem-lives-again-mozambique-restart-is-slated-whilst-more-small-island-caribbean-corruption-emerges-offshore-accounts/

COLUMN | Calm down: Nigeria goes to the polls as Heroic Idun crew face delays; asset flippers are back, literally; PX121s change hands at higher prices; Telford and Smit Lamnalco sold; Bourbon and Horizon tie up [Offshore Accounts]

Nigerian singer-songwriter Rema is currently soaring high in the charts with his smash song Calm Down (here). Since last weekend was Nigerian presidential election weeken ..

The post COLUMN | Calm down: Nigeria goes to the polls as Heroic Idun crew face delays; asset flippers are back, literally;...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-calm-down-nigeria-goes-to-the-polls-as-heroic-idun-crew-face-delays-asset-flippers-are-back-literally-px121s-change-hands-at-higher-prices-telford-and-smit-lamnalco-sold-bourbon-and-hor/

Venezuelan Crude Departs For Europe

By Marianna Parraga HOUSTON, Feb 25 (Reuters) – A 655,000-barrel cargo of Venezuelan heavy crude chartered by a unit of Italy’s Eni SpA ENI.MI departed on Friday from a port operated by state-run PDVSA,shipping data showed, marking Venezuela’s first export to Europe after a three-month pause. Eni and Spain’s Repsol SA REP.MC last year received U.S. authorizations to take Venezuelan oil to Europe as compensation for outstanding debt in an easing of American sanctions on Venezuela’s oil industry....

https://gcaptain.com/venezuelan-crude-departs-for-europe/

COLUMN | Floating LNG projects in Israel, Malaysia and Congo get green light; Shell faces more Prelude woes; Australia seeks tighter offshore regulation to protect rock art and “sea country”; Canada’s First Nations take LNG equity [Offshore Accounts]

Last week, we looked at Europe’s rush to build floating storage and regasification units (FSRUs) to import liquified natural gas (LNG) into Europe (here). Of course, Eu ..

The post COLUMN | Floating LNG projects in Israel, Malaysia and Congo get green light; Shell faces more Prelude woes; Australia...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-floating-lng-projects-in-israel-malaysia-and-congo-get-green-light-shell-faces-more-prelude-woes-australia-seeks-tighter-offshore-regulation-to-protect-rock-art-and-sea-country/