A 323-metre very large crude carrier (VLCC) owned by Australia’s Woodside Energy recently arrived in China to begin undergoing conversion works that will see it ..
Offshore Processing & Storage
COLUMN | Quick updates: Eni acquittal on corruption charges, SBM whistleblower, Fisher fatalities, Pacific Drilling/Noble merger, Scottish windfarm windfall, and Golar/Perenco FLNG dispute [Offshore Accounts]
For the end of the quarter, we feature a six-pack of updates on stories we covered recently. Eni (and Shell) acquitted over US$1 billion Nigerian corruption (for now) One ..
COLUMN | Mozambique misery deepens: dozens killed by Islamic extremists in Palma bloodbath [Offshore Accounts]
This weekend has seen the dire situation in Cabo Delgado province in northern Mozambique get even worse, as rebels launched a massive attack on the town of Palma, just ..
Work Boat World Offshore Vessel Orders and Deliveries Roundup – March 19, 2021
Service operation vessels (SOVs) are in the spotlight in this latest roundup following a number of noteworthy orders by both old and new players in the offshore wind ..
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 ..
Sembcorp dissolves dormant subsidiary, strikes off two others
Sembcorp Marine has confirmed that one of its dormant wholly owned subsidiaries has been dissolved by way of voluntary winding up. The dissolved subsidiary is SembCorp ..
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 ..
COLUMN | Myanmar violence puts Woodside in a difficult position [Offshore Accounts]
Sunday bloody Sunday in Yangon, whilst Woodside CEO puts his foot in his mouth Yesterday was one of the most brutal days in the recent history of Myanmar as police and ..
Work Boat World Offshore Projects Roundup – February 26, 2021
The latest succession of offshore projects worldwide includes both completed works and new ones in the pipeline. There’s been plenty of action in offshore wind in ..
Work Boat World Offshore Vessel Orders and Deliveries Roundup – February 26, 2021
Crewboats and processing platforms are the apparent focus of the recent succession of newbuilding orders and deliveries of offshore vessels. This time around, new ..