The offshore industry is currently so ugly that it is hard to know where to start….With the intriguing news that four bidders have apparently made bids for Bourbon, ..
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.
Do you work for McDermott International Inc.? If so, you probably haven’t seen a pay rise in many years. You will have seen many hard working and honest colleagues laid ..
COLUMN | What do the Saudi Arabian drone attacks mean for the offshore industry? [Offshore Accounts]
Monday opened with the most significant spike in the oil price since Saddam Hussein invaded Kuwait in 1990, with Brent crude shooting up 20 per cent to over US$70 per ..
You don’t get to be Malaysia’s richest man, worth anywhere from US$12 billion (according to Forbes) to over $18 billion (according to Bloomberg), by buying high and ..
Ahead of the upcoming Offshore Week in Work Boat World, I wanted to follow up on some of the stories we have run over the last year, especially those which feature ..
August has seen the Swire Group, one of the oldest British owned shipping companies, in the spotlight for all the wrong reasons. Swire Pacific’s affiliate Cathay ..
It wasn’t supposed to end this way. On October 29, embattled Singaporean rig owner Ezion announced that it had sold three of its jack-up drilling rigs, which were laid ..
Deepwater rig companies do everything bigger and better than OSV companies. Their rigs are physically huge, their day rates dwarf those of anchor handlers and platform ..
Nobody likes to receive unexpected bills. Imagine the shock of Bourbon Corporation’s CEO, Chairman, Founder, and de facto controlling shareholder, Jacques de ..
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