On November 10, drilling giants Noble Corporation and Maersk Drilling announced their merger (here). The new company will own 20 floaters and 19 jackups. Each company’s ..
Tag: Diamond Offshore
In Saudi Arabia, Qatar and the UAE, public investment by petro-states is increasingly focused on squeezing out private sector businesses in oilfield services, especially ..
At the end of last month, Saudi Arabia abolished flogging as a punishment, welcome news to adulterers in Riyadh and Jeddah’s cyber-criminals. However, the kingdom has o ..
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 ..
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 t ..
It is often hard to untangle luck from business genius, and coincidence from strategy. In 2013, Italian owner Rimorchiatori Riuniti’s offshore unit Finarge ordered a sh ..
There’s so much not to talk about this week. We’re not talking about Tidewater Earlier this month, industry leader Tidewater reported its quarterly results (here) wit ..
Not long until Christmas now! As the big day gets closer, you will have seen Esvagt, Swire, Seacor, Cairn Energy, Vantage and Shearwater featuring in Part One of our Twel ..
The last few days have been crazy, with West Texas crude contracts showing negative prices earlier in the week, meaning oil companies were paying customers to take away t ..
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