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 ..
Santorini (vessel)
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 ..
COLUMN | The cash comes back to offshore: the North Sea lives again, Canada gets drilling, rigs are revived [Offshore Accounts]
After last week’s review of the Tullow/Capricorn merger, and the news that Shell and its partners are proceeding with the Crux project to provide new offshore gas for e ..
COLUMN | Maersk/Noble: Danish retreat from oil and gas raises bigger questions [Offshore Accounts]
On November 10, drilling giants Noble Corporation and Maersk Drilling announced their merger (here). The new company will own 20 floaters and 19 jackups. Each company’s ..