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 […]

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COLUMN | Unlucky for some! Scotland’s Ferries; Argentina’s YPF Nationalisation; SBM sued by whistleblower; BP’s CEO quits [Offshore Accounts]

This week was a great week for Transocean – the company announced it had secured a three-year award for the newbuild ultra-deepwater drillship Deepwater Aquila with Petrobras for work offshore Brazil starting next year on a day rate of around US$443,000 plus 90 days’ worth of mobilisation fees. In 2021, Transocean bought the rig for […]

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COLUMN | “Not a matter of if, but when”: Subsea mining on hold, for now; Teddy goes to St Petersburg; Safer gets safer [Offshore Accounts]

It has been a rollercoaster couple of months for seabed mining pioneer The Metals Company. For most of the last year, the company’s share price languished below one ..

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COLUMN | More hostages of fortune: Equatorial Guinea convicts SBM workers as Toxic Teddy’s revenge for another yacht arrest [Offshore Accounts]

When we covered the gross injustice of the case of Heroic Idun, where the 26-strong crew of a tanker were detained in Nigeria for many months on trumped up charges until ..

The post COLUMN | More hostages of fortune: Equatorial Guinea convicts SBM workers as Toxic Teddy’s revenge for another yacht...

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COLUMN | Namcor’s woes as chair arrested for drugs and managing director suspended over Angolan deal: will Namibia emulate Nigeria or Norway? [Offshore Accounts]

This Easter, after looking at three companies that experienced miracles last week, we move to an entire country that stands on the cusp of a miraculous transformation: Na ..

The post COLUMN | Namcor’s woes as chair arrested for drugs and managing director suspended over Angolan deal: will Namibia...

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COLUMN | Holiday shorts: books to read, podcasts to download and topical films [Offshore Accounts]

Ah, the beauty of summer in the northern hemisphere, a time to spend hours queuing at Dover or Folkestone if you are British, or waiting endlessly at security at Schiphol ..

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ABS issues publication on best practices for safer FPSO operations

ABS has issued a new publication outlining industry best practices for addressing the safety challenges posed by an aging global floating production storage and offloadin ..

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https://www.bairdmaritime.com/work-boat-world/offshore-world/offshore-extraction-and-processing/offshore-processing-storage/abs-issues-publication-on-best-practices-for-safer-fpso-operations/

Blast kills yard worker during FPSO recycling in Alang, India

A worker lost his life while scrapping BW Offshore’s Floating Production Storage and Offloading (FPSO) unit BW Cidade de Sao Vicente at an Indian beaching yard earl ..

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https://www.bairdmaritime.com/work-boat-world/offshore-world/offshore-extraction-and-processing/offshore-processing-storage/blast-kills-yard-worker-during-fpso-recycling-in-alang-india/

Dutch research institute trials barriers to prevent collisions with offshore wind turbines

The Maritime Research Institute Netherlands (MARIN) has begun testing three new barriers that will help prevent collisions between ships and wind turbines. The research w ..

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https://www.bairdmaritime.com/work-boat-world/offshore-world/offshore-renewables/offshore-wind/dutch-research-institute-trials-barriers-to-prevent-collisions-with-offshore-wind-turbines/

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