One of the warmest winters on record seems to be drawing to a close in Europe, and the North Sea spot market is roaring back. On Friday, the 251 tonnes bollard pull anchor handler Maersk Mariner was spot chartered by Anasuria Operating Company at the princely day rate of £45,000 (US$57,000) for...
Standard Drilling
COLUMN | Drilling Update: Borr, Vantage/ADES, Stena/Samsung, Adnoc Drilling, Maersk, and Standard not Drilling [Offshore Accounts]
Time for a six pack of updates on the biggest offshore drilling stories of the last few weeks. Whilst three autonomous marine survey companies and one of Australia’s la ..
COLUMN | The last four of the twelve days of Christmas: Myanmar’s misery, floating wind’s progress, Bourbon’s revival, P&O Maritime’s hubris, and Standard Drilling’s transformation [Offshore Accounts]
Hope you had a very Merry Christmas – unless, of course, you are of the Orthodox faith, in which case you have to wait until January 7 for Christmas. This week, we clos ..
COLUMN | More offshore deals in Brazil: Oceanpact vs Grupo CBO [Offshore Accounts]
Last week we looked here at how the higher oil price, the growth of offshore wind energy, and abundant funds have driven deal-making in offshore in the usually quiet summ ..
Standard Drilling subsidiary sells two PSVs for US$6.6 million
Northern Supply, where Standard Drilling has an indirect ownership of 28.1 per cent, has entered into a memorandum of agreement (MOA) to sell the two medium-size platform ..
COLUMN | A tale of restructuring: Keppel (kind of) quits the rig building business (but not really), Borr Drilling, Grupo R, Guangdong Zhenrong – Part One [Offshore Accounts]
Headlines don’t tell the truth Last week saw a major strategic announcement from Keppel Offshore and Marine. Four or more separate publications, including the venerable ..
COLUMN | The twelve days of offshore Christmas: Brent Crude, ammonia fuel cells, Myanmar, floating wind turbines, Bourbon, and Standard Drilling – Part Two [Offshore Accounts]
Not long until Christmas now! As the big day gets closer, you will have seen Esvagt, Swire, Seacor, Cairn Energy, Vantage and Shearwater featuring in Part One of our ..