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 ..
saipem 7000
COLUMN | Quick updates: BVI premier out on bail; Saipem and Yinson make cash calls; Fisher loses CEO, seeks Union Flag painted SOVs [Offshore Accounts]
In this update, we cover two companies raising big bucks from their shareholders as well as the latest on the former premier of the British Virgin Islands as he awaits tr ..
Video Shows Saipem 7000 Lifting Accident
A video of Thursday’s lifting accident on board the Saipem 7000 heavy lift crane vessel has made it onto the web, revealing what appears to be a wire failure that…
Saipem 7000 Lists Heavily in Lifting Accident in Norway
The giant heavy-lift crane vessel Saipem 7000 was listing Thursday after suffering a lifting accident in a Norwegian fjord near Stavanger. The Norwegian rescue services report the vessel listed in…
COLUMN | Nothing’s right, I’m torn: Saipem and Sapura face a Natalie Imbruglia moment in offshore wind, as Siemens Gamesa fires its CEO! [Offshore Accounts]
“Illusion never changed into something real,” warbled Australian pop star Natalie Imbruglia in her 1998 global smash hit Torn, a song that catalogues her broken heart ..
COLUMN | The dragon rises: Siemens Gamesa; Iberdrola; Japanese and Chinese floating wind; a solar panel warning [Offshore Accounts]
Two weeks ago (here) we reported on the profit warnings in offshore wind from industry leaders Equinor and Ørsted. Equinor reported that fierce bidding from BP and other ..
COLUMN | Maersk and the offshore drilling industry: at the crossroads? [Offshore Accounts]
“When you come to a fork in the road, take it,” American baseball star Yogi Berra once said. Maersk Drilling now admits that it stands at a crossroads, as per the tit ..
Semi-Submersible Saipem 7000 Arrives at Damen Verolme Rotterdam for Major DP3 Upgrade
The Saipem 7000, one of the world’s largest semi-submersible crane and pipe-laying vessels, has arrived at Damen Verolme Rotterdam for a major upgrade of its dynamic positioning system to meet the new closed ring DP3 configuration and ABS EHS-P notation. Under DP3 EHS-P notation, the vessel will...