COLUMN | What are the consequences of the offshore surge? Tidewater’s triumph provides Chinese yards with boom, and starts North Sea exodus [Offshore Accounts]

One of the delights of the offshore market recovery has been the surge in charter rates for platform supply vessels (PSVs) around the world. Tidewater’s triumphant presentation at the Barclays CEO Energy Conference earlier this month showed the potency of the market recovery that the company has driven ever onwards and upwards after its acquisition […]

The post COLUMN | What are the consequences of the offshore surge? Tidewater’s triumph provides Chinese yards with boom, and starts North Sea...

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VESSEL REVIEW | Perro Negro 12 – Saipem to deploy second drilling rig in Middle East

Chinese shipyard CIMC Raffles recently handed over a new jackup oil drilling rig to Italian offshore services provider Saipem. The ABS-classed Perro Negro 12 was designed by US engineering firm Friede and Goldman. The rig has an LOA of 59.745 metres, a beam of 55.78 metres, a transit draught of 4.8...

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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...

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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;...

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COLUMN | Mining marriage made in heaven? DEME and Transocean co-operate in deep ocean minerals – new drillship conversion imminent after Allseas’ proof of concept [Offshore Accounts]

Some seriously odd things have been happening with everyone’s favourite penny stock deepsea mining player, The Metals Company. On January 31, Gerard Barron’s speculat ..

The post COLUMN | Mining marriage made in heaven? DEME and Transocean co-operate in deep ocean minerals – new drillship conversion...

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Offshore Projects News Roundup | January 10 – Installation works in Africa, North Sea, and the Americas

New projects cover installation works in support of customers in the US East Coast, Egypt, Guyana, and Norway. Empire Offshore Wind awards cable installation work on US E ..

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COLUMN | The Twelve Days of Christmas 2022: Day 4 to 6: Global Marine, Jan de Nul, Seatankers, Østensjø Rederi, Reach; Transocean and DSME; liftboat safety [Offshore Accounts]

On the first day of Christmas my true love gave to me… a partridge in a pear tree, according to the ancient English carol, but at Baird Maritime, that’s the cue for a ..

The post COLUMN | The Twelve Days of Christmas 2022: Day 4 to 6: Global Marine, Jan de Nul, Seatankers, Østensjø Rederi, Reach;...

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