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...
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...
On the first day of Christmas my true love gave to me… a partridge in a pear tree, according to the ancient English carol, but at Baird Maritime, that’s the cue for a ..
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 ..
Sometimes it is not only easier to walk away, but actually better The deepwater drilling industry is in crisis, as you know. In 2020, four major owners of deepwater rigs ..