COLUMN | On the edge? McDermott, Petrofac, The Metals Company and Cadeler [Offshore Accounts]
Lady Gaga famously sang that she was “on the edge of glory”. This week, we look at four companies on the edge of….well, something.
Lady Gaga famously sang that she was “on the edge of glory”. This week, we look at four companies on the edge of….well, something.
Offshore is one of the industries with the biggest risk profiles in the world. When bad things happen in offshore, people die, often there are explosions...
Harold Macmillan was supposedly once asked what the most troubling problem of his time as British Prime Minister was. “Events, my dear boy, events,”...
It seems appropriate to get all biblical this week, just after Easter. When Saint Paul wrote in his letter to the Galatians that “a man reaps what he...
Money is being made in offshore once again, but tragically lives are also being lost unnecessarily.
In an industry is awash with cash and record profits, it is tragic to see five people confirmed dead in an accident on a Perenco platform offshore Gabon,...
“Fix the balance sheet before you fix the business.” This was the sage advice we gave two weeks ago when we compared Tidewater to its moribund and indebted...
Whilst the first big consolidator of this offshore upcycle was Tidewater, rapidly followed by ADNOC and AD Ports of Abu Dhabi, Europe is also experiencing...
On Friday, March 1, Tidewater reported its fourth quarter results, and they were epic.
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