Saudi Aramco

COLUMN | Correcting course: Aramco and jackups; Siem Offshore and Kristian Siem; Ferguson Marine; MMA Offshore; Maersk/Svitzer [Offshore Accounts]

Harold Macmillan was supposedly once asked what the most troubling problem of his time as British Prime Minister was. “Events, my dear boy, events,” was his reply. I thought I had this week’s column nailed well in advance, but offshore is an industry especially susceptible to unexpected and hard to predict “events”. So, we must […]

The post COLUMN | Correcting course: Aramco and jackups; Siem Offshore and Kristian Siem; Ferguson Marine; MMA Offshore; Maersk/Svitzer [Offshore Accounts] appeared...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-correcting-course-aramco-and-jackups-siem-offshore-and-kristian-siem-ferguson-marine-mma-offshore-maersk-svitzer-offshore-accounts/

COLUMN | Reaping what you sow: McDermott, Seatrium, Gunvor and Trafigura [Offshore Accounts]

It seems appropriate to get all biblical this week, just after Easter. When Saint Paul wrote in his letter to the Galatians that “a man reaps what he sows,” he probably wasn’t thinking about corruption in the oil and gas industry two millennia later. But the last month has seen no less than four...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-reaping-what-you-sow-mcdermott-seatrium-gunvor-and-trafigura-offshore-accounts/

COLUMN | Winner takes it all: Boskalis binges with record profits, as Boluda takes silver and McDermott gets sued (again) [Offshore Accounts]

Whilst the first big consolidator of this offshore upcycle was Tidewater, rapidly followed by ADNOC and AD Ports of Abu Dhabi, Europe is also experiencing a quiet wave of consolidation. Driving this is the biggest of the “Big Four” lowlands dredging and offshore companies, Boskalis. But whereas the gains in Tidewater have been open to […]

The post COLUMN | Winner takes it all: Boskalis binges with record profits, as Boluda takes silver and McDermott gets sued (again) [Offshore Accounts] appeared...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-winner-takes-it-all-boskalis-binges-with-record-profits-as-boluda-takes-silver-and-mcdermott-gets-sued-again-offshore-accounts/

COLUMN | Lowered expectations: Saudi Arabia’s oil production; Nigeria’s currency; SBM’s whistleblower; Falkland Islands’ FPSO [Offshore Accounts]

The novelist Jodi Picoult once said that, “there are two ways to be happy: improve your reality, or lower your expectations.” Changing the world for the better is hard, but there have been a lot of expectations lowered in the offshore industry this week. Unfortunately, these reduced expectations seem to have produced little joy in […]

The post COLUMN | Lowered expectations: Saudi Arabia’s oil production; Nigeria’s currency; SBM’s whistleblower; Falkland Islands’ FPSO [Offshore Accounts] appeared...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-lowered-expectations-saudi-arabias-oil-production-nigerias-currency-sbms-whistleblower-falkland-islands-fpso-offshore-accounts/

COLUMN | The Twelve Days of Christmas 2023: Days 4 to 6: Seadrill, Gulf Drilling International and ADES; five shipping magnates on future fuels; six corrupted states and Al Jazeera [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 dozen topical features about the offshore industry. Lovers of festive traditions get scrolling, as for the fourth year in a row, we […]

The post COLUMN | The Twelve Days of Christmas 2023: Days 4 to 6: Seadrill, Gulf Drilling International and ADES; five shipping magnates on future fuels; six corrupted states and Al Jazeera...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-the-twelve-days-of-christmas-2023-days-4-to-6-seadrill-gulf-drilling-international-and-ades-five-shipping-magnates-on-future-fuels-six-corrupted-states-and-al-jazeera-offshore-accounts/

Offshore Vessel News Roundup | October 10 – A new Japanese installation ship, a Chinese cable transport barge and more

A Japanese owner adds an installation vessel to its fleet while construction continues on a heavy transport vessel that will support submarine cable works in China. A UK-Norwegian partnership unveils a new design of offshore wind maintenance vessel. Finally, a Saudi operator places orders for three fast crewboats. Japan’s PKY Marine adds installation jackup to […]

The post Offshore Vessel News Roundup | October 10 – A new Japanese installation ship, a Chinese cable transport barge and more...

https://www.bairdmaritime.com/work-boat-world/offshore-world/offshore-installation-decommissioning/offshore-construction/offshore-vessel-news-roundup-october-10-a-new-japanese-installation-ship-a-chinese-cable-transport-barge-and-more/

H πρώτη επένδυση της Aramco στο LNG

Ο ενεργειακός κολοσσός Aramco υπέγραψε πρόσφατα οριστικές συμφωνίες για την απόκτηση ενός στρατηγικού μειοψηφικού μεριδίου της MidOcean Energy, εταιρείας η οποία έχει ιδρυθεί και λειτουργεί υπό τη διαχείριση της επενδυτικής εταιρείας EIG και δραστηριοποιείται στον κλάδο του LNG.

Το ύψος της εν λόγω επένδυσης, η ολοκλήρωση της οποίας υπόκειται σε όρους και νομικές εγκρίσεις, ανέρχεται στα 500 εκατ. δολάρια, με την Aramco να διαθέτει την επιλογή να αυξήσει μελλοντικά τη συμμετοχή και τα δικαιώματά...

https://www.naftikachronika.gr/2023/10/02/h-proti-ependysi-tis-aramco-sto-lng/

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...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-what-are-the-consequences-of-the-offshore-surge-tidewaters-triumph-provides-chinese-yards-with-boom-and-starts-north-sea-exodus-offshore-accounts/

COLUMN | Changing course: McDermott restructures (again); Siemens Gamesa bleeds (again); UK wind auction fails [Offshore Accounts]

Sometimes the inevitable needs to happen before things can change. Failure can be a catalyst for action. At other times, it can just be part of a repetitive cycle of doom. This week, we look at the world’s ugliest offshore construction company, which faces more grief, a wind turbine manufacturer whose woes we predicted 18 […]

The post COLUMN | Changing course: McDermott restructures (again); Siemens Gamesa bleeds (again); UK wind auction fails [Offshore Accounts] appeared first on Baird Maritime.

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-changing-course-mcdermott-restructures-again-siemens-gamesa-bleeds-again-uk-wind-auction-fails-offshore-accounts/

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