Time for a quick and dirty look at three of our favourite topics – corruption in oil and gas, new marine technology, and the wind industry. Just to be clear, there is n ..
Seabed Mining
COLUMN | The Metals Company raises cash to stay afloat [Offshore Accounts]
Ah, Gerard Barron, Chairman and CEO of The Metals Company! My column would “suck without you,” as Kelly Clarkson once put it (here). In the words of that song ..
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VESSEL REVIEW | Benguela Gem – Debmarine Namibia’s newest vessel to undertake seabed diamond recovery
A new custom-built diamond recovery vessel has been completed and delivered by Netherlands-based the Damen Shipyards Group via its Damen Shipyards Mangalia division on Ro ..
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COLUMN | Surprise, surprise! Saipem, Borr Drilling, The Metals Company, Impossible Mining and Olympic [Offshore Accounts]
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 ..
COLUMN | Quick updates: DOF’s survival; Cadeler’s new foundation vessel; Wind turbine woes and protectionism in Europe; The Metals Company’s coming cash crunch [Offshore Accounts]
This week, we cover a quartet of updates from our favourite sectors: offshore, subsea mining, and the wind industry. DOF: Looking good in black? Good news from Norway. DO ..
COLUMN | Eneti’s wishful thinking; Transocean enters subsea mining; Allseas progresses wet mining tests; Boskalis goes private; SHUAA buys Allianz Marine in Abu Dhabi [Offshore Accounts]
Last week we looked at the ongoing restructurings at DOF, Havila, Siem Offshore and Saipem. With judicious bail outs from shareholders and support from lenders, the oil a ..
COLUMN | It’s all coming back to me now: Sapura Energy [Offshore Accounts]
After looking at the ignominious end of Swire Pacific Offshore, the offshore supply vessel owner sold for a pittance to rival Tidewater (here), we turn our attention this ..
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COLUMN | Surprises from the war in Ukraine: BP in Mauritania, P&O Maritime, USM Holdings, Viking Supply Ships, Sevnor, OSM, PXGEO [Offshore Accounts]
Last week (here) we looked at the impact of the horrific Russian invasion of Ukraine. Brent crude closed on Friday at US$118 per barrel. Russian artillery and missiles po ..
Canadian firm awards contract for launch platform of new remote mining system
Arctic Canadian Diamond Company and Royal IHC subsidiary IHC Mining have entered into an agreement for the construction and delivery of a specialised launch and recovery ..
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COLUMN | Quick updates: Shell’s Prelude fiasco, The Metals Company’s Siberian challenge, Chevron’s CCS problems, whilst BP and Socar face corruption claims in Azerbaijan! [Offshore Accounts]
Two weeks ago we looked at some surprises that were perhaps quite predictable (here); time for an update on developments in Australia at Prelude and Gorgon, two of the mo ..