Gong Xi Fa Cai, Kung Hei Fat Choi, and Chúc mừng Năm Mới! Happy Lunar New Year to all our readers, and welcome to the Year of the Dragon. At least, this is one time of year where nobody will be sneaking abandoned offshore rigs and supply vessels out of Chinese shipyards to the market […]
The post COLUMN | Quick updates: Total buys a rig; Trident cans a rig; Standard sales succeed and fail; Saipem wins and loses corruption battles; Sapura hit with wind arbitration [Offshore Accounts] appeared...
Merry Christmas! On the twelfth day of Christmas my true love gave to me… twelve drummers drumming, eleven pipers piping, ten lords a-leaping and so on, all the way bac ..
Last year we took an offshore take to the familiar Twelve Days of Christmas carol (here) and (here). So, now it is time to revisit the first four festive players, and cat ..
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 ..
After the horror of Halloween comes the calm of All Saints’ Day, November 1, when the Catholic church commemorates all those saints, both known and unknown, who hav ..
Pop star Britney Spears was so right when she warned of the dangers of repetition (here). Recent weeks in the offshore industry have seen several major players are doing ..
Summer is usually a quiet time for deals, when investment bankers retreat to their villas in the south of France, Norwegian shipowners retire to their family chalets for ..
European-operated OSVs are securing new charters in support of drilling and subsea installation activities close to home and in West Africa, and even as far away as Austr ..
Danish and UK drilling specialists have been awarded new contracts and extensions covering drilling and well intervention in South America and the Asia-Pacific as well as ..
Charles Dickens offered only A Tale of Two Cities. This week, I offer a tale of no less than six restructurings, as the crisis in the offshore sector comes to a head. One ..