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...
We’ve passed Twelfth Night, so let’s look at some key numbers for the year ahead. This week’s lucky lottery numbers are 4, 10, 29, 177, and 470,000. Who is feeling lucky? Four newbuilds for wind: #1 Toyo Nature abhors a vacuum, and as Global Marine Systems, for two decades the former cablelay market leader, sinks […]
The post COLUMN | 2024 by the numbers: Cableships; methanol; the Nigerian Navy; BP and Equinor’s wind woes; Noble in Suriname and Colombia [Offshore Accounts] appeared first on Baird...
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 back to that partridge in a pear tree from day one of the old festive carol. But not here, as, for the fourth year in a […]
Offshore drilling contractor Transocean Ltd. (NYSE: RIG) has announced a significant contract for its harsh-environment drilling rig, Transocean Barents, in the Romanian sector of the Black Sea. The contract, with…
https://gcaptain.com/transocean-secures-offshore-drilling-contract-in-black-sea-at-465000-per-day/
According to his carefully edited Wikipedia entry, Evangelos Marinakis “is a Greek media mogul, shipowner, lyricist, and member of the Piraeus city council. He is the founder and owner of Capital Maritime and Trading Corporation and also the owner of the football clubs Olympiacos in Greece and Nottingham Forest in England.” And now he is […]
Transocean added $745 million to its contract backlog in the last quarter, reflecting continued demand for offshore drilling rigs. The new contracts were revealed in the company’s quarterly fleet status report….
https://gcaptain.com/transocean-adds-745-million-to-contract-backlog/
This week was a great week for Transocean – the company announced it had secured a three-year award for the newbuild ultra-deepwater drillship Deepwater Aquila with Petrobras for work offshore Brazil starting next year on a day rate of around US$443,000 plus 90 days’ worth of mobilisation fees. In 2021, Transocean bought the rig for […]
The post COLUMN | Unlucky for some! Scotland’s Ferries; Argentina’s YPF Nationalisation; SBM sued by whistleblower; BP’s CEO quits [Offshore Accounts] appeared...
Offshore drilling contractor Transocean has announced a three-year contract for its newbuild ultra-deepwater drillship Deepwater Aquila in Brazil. The contract was signed with a “national oil company for work offshore…
https://gcaptain.com/transocean-announces-486-million-drillship-contract-in-brazil/
Kylie Minogue has a new pop single out this week, called Tension, which is most appropriate. There’s tension in the Eastern Mediterranean, tension across the offshore wind industry, as another major operator takes a big write off, and tension in Maersk Supply Service, where 130 British staff face redundancy, the COO has been let go, […]
The post COLUMN | Tension: Chevron in Cyprus; Ørsted’s woes; Maersk Supply Service restructures; Borr’s Mexican receivables [Offshore Accounts] appeared first on
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...