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 ..
seadrill
COLUMN | The deals are on! – Rigs, boats and jackups start to change hands [Offshore Accounts]
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 ..
Buyers Circle Seadrill as it Plots Bankruptcy Exit
By David French July 20 (Reuters) – Noble Corp and a consortium that includes Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd, the bankrupt offshore oil…
FUELSAVE tech deployed on Seadrill drillship to cut emissions in decarbonisation push
FUELSAVE will deploy its combustion conditioning tech to reduce primary fuel oil consumption and cut emissions following a contract with Seadrill. The post FUELSAVE tech deployed on Seadrill…
FUELSAVE and Seadrill announce first partnership to decarbonise offshore drilling
FUELSAVE and Seadrill announce first partnership to decarbonise offshore drilling
FUELSAVE’s ground-breaking FS MARINE+ technology will be installed on Seadrill’s 6th generation West Saturn drillship, in a first that will help reduce emissions from offshore drilling.
| Hamburg (Germany), 13 July 2021 – Cleantech provider FUELSAVE will deploy its advanced combustion conditioning... |
Work Boat World Offshore Vessel Charters Roundup – June 18, 2021
New charter contracts have been awarded for drilling vessels for work in Northern Europe and Africa, while customers in the offshore wind and oil and gas markets elsewher ..
Seadrill Proposes Debt Write-Off in Bankruptcy Court -Report
By Rafaela Lindeberg (Bloomberg) — Offshore contractor Seadrill Ltd., owned by billionaire John Fredriksen, is proposing a debt write-off of just over $4.8 billion, according to Finansavisen. The proposal, sent to the U.S….
COLUMN | Do it yourself, Gulf style: Middle Eastern states invest in offshore oilfield services companies [Offshore Accounts]
In Saudi Arabia, Qatar and the UAE, public investment by petro-states is increasingly focused on squeezing out private sector businesses in oilfield services, especially ..
COLUMN | A tale of six restructurings: Polarcus, Seadrill, Diamond Offshore, Siem Offshore, SeaBird Exploration, and Pacific Radiance [Offshore Accounts]
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 ..
COLUMN | Falling Knives and Walking Away: Sete Brasil, Petrobras, Keppel Corp., Knarr Drilling and Magni Partners [Part Two]
Last week we looked here at how China State Shipbuilding Corporation has decided to restart work on a pair of unfinished deepwater drilling rigs in Shanghai Shipyard at ..