UAE-based offshore support operator Stanford Marine has taken delivery of two new fast crewboats in a series built by sister company Grandweld Shipyards. Named Stanford P ..
The post VESSEL REVIEW | Stanford Pelican – UAE operator adds crewboat pair to oil and gas support fleet appeared first on Bair...
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 ..
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 ..
Asset management and investment banking platform SHUAA Capital has successfully completed a debt buyout of the AED1.13 billion (US$308 million) facility of UAE-based ..
Boat and rig prices fall. Oil and gas producers buy boats and rigs because they are so cheap. Oil and gas producers own and operate the cheap boats and rigs themselves ..