Sunday bloody Sunday in Yangon, whilst Woodside CEO puts his foot in his mouth Yesterday was one of the most brutal days in the recent history of Myanmar as police and ..
Author: Hieronymus Bosch
This anonymous commentator is our insider in the world of offshore oil and gas operations. With decades in the business and a raft of contacts, this is the go-to column for the behind-the-scenes wheelings and dealings of the volatile offshore market.
Charles Dickens offered only A Tale of Two Cities. This week, I offer a tale of no less than six restructurings, as the crisis in the offshore sector comes to a head. One ..
Last week we looked here at how China State Shipbuilding Corporation has decided to restart work on a pair of unfinished deepwater drilling rigs in Shanghai Shipyard at ..
In Part One (here), we examined how BP paid 65 per cent more than its nearest rival to scoop two leases for new windfarms off England and Wales, paying the Queen hundreds ..
“I assure you they are nothing more than criminals engaging in criminal stock market manipulation,” thundered a recent correspondent to Baird, following up on one of ..
We have previously seen unwanted deepwater rigs scrapped in the breakers yards of Turkey, or held for conversion into subsea mining vessels by Allseas, as the drilling ..
The Queen of England emerged as the unlikely big winner from the latest auction of offshore windfarm acreage in the UK, potentially raking in over eight billion pounds ..
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 ..
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 ..
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