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 ..
Tag: Diamond Offshore
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 ..
On the same day that a jury in New York convicted disgraced Hollywood mogul Harvey Weinstein of two counts of criminal sexual acts, all eyes in offshore were on Houston, ..
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 ..
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 ..
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 ..
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 ..
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 ..
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 ..
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