“See you in court!” is a familiar refrain and one we have often used as a headline. Offshore companies seem to get embroiled in contract disputes that end up in lengthy and expensive arbitration, or in commercial court disputes, just too often. I find it hard to believe that if this column covered...
Sembcorp Marine
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...
COLUMN | The chickens come home to roost again: Swiber charges in Singapore; Texas judicial investigation; CWind sold; Guardian Geomatics sold; Newbuild! Newbuild! [Offshore Accounts]
This week we look at consequences: judicial consequences, legal consequences, the consequences of bad strategy and bad execution, and the inevitable consequences of high day rates. Ladies and gentlemen, there is a newbuilding anchor handler out there, being built as you read this. Adjust your forecasts accordingly. But first, we look at other consequences. Goh-Goh […]
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 […]
AWARDS 2022 | Best FPU – Vito RPF – Sembcorp Marine
Best FPU – Vito RPF – Seatrium Floating production units (FPUs) are highly complex examples of the shipbuilder’s art. This particular vessel shows why Seatrium (formerly Sembcorp) is a leader in the FPU sector. This vessel should be a harbinger of better times to come in the offshore oil and gas...
AWARDS 2022 | Best OSV – Drillship – Deepwater Atlas – LMG Marin & Sembcorp Marine
Best OSV – Drillship – Deepwater Atlas – LMG Marin & Sembcorp Marine This kind of deepwater drillship has become a Singaporean speciality. Of course, no one, not even in Singapore, knows the deepwater drillship industry better than Sembcorp Marine (now Seatrium). This drillship is a fine example of...
Seatrium to Build Substations for Empire Wind Offshore Wind Farms in US
Singapore-based Seatrium, formerly known as Sembcorp Marine, has secured a $377m contract to construct two offshore wind farm substations for Empire Offshore Wind, a joint venture between Equinor and BP….
https://gcaptain.com/seatrium-to-build-substations-for-empire-wind-offshore-wind-farms-in-us/
Sembcorp Marine looking for new finance chief as current hands in resignation
Singapore’s Sembcorp Marine has initiated a recruitment process for a new head of finance as […]
The post Sembcorp Marine looking for new finance chief as current hands in resignation appeared first on Offshore Energy.
Singapore’s Sembcorp Marine Reveals New Name
Singapore-based shipbuilder, Sembcorp Marine Ltd, is set to undergo a rebranding following the completion of its merger with Keppel Offshore & Marine Ltd. The company is proposing a name change…
https://gcaptain.com/singapores-sembcorp-marine-reveals-new-name/
Sembcorp Marine to rebrand as Seatrium
Singapore-based shipbuilder Sembcorp Marine is proposing to change its name to Seatrium Limited. The move […]
The post Sembcorp Marine to rebrand as Seatrium appeared first on Offshore Energy.
https://www.offshore-energy.biz/sembcorp-marine-to-rebrand-as-seatrium/