After announcing in October that it would liquidate the subsidiary that owns the FPSO Umuroa, and hand the idle vessel to the company administrators to maintain, remove f ..
Tag: McDermott International
All dictators seem to use the same playbook. They lock up or kill their opponents, purge their enemies, censor the press, bend the judiciary to their will, and in the lat ..
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, ..
As the oil price continued its recovery above the key US$40 per barrel price, many offshore players have been busy adopting the age-old strategy of “extend and pretendâ ..
McDermott International has completed its scope of the Pan Malaysia Transportation and Installation Projects for Sarawak Shell and SapuraOMV offshore Miri, Sarawak. Award ..
Readers with long memories (i.e. old ones) will recall that in 2000, the CEO of BP, John Browne, now Baron Browne of Madingley, vowed that the company’s initials would ..
The Memoirs of Sherlock Holmes by Sir Arthur Conan Doyle features the short story Silver Blaze, about the disappearance of a famous racehorse of that name, and the murder ..
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 ..
Royal IHC has delivered a new cutter suction dredger to South Africa-based marine construction firm Subtech. The dredger will be deployed to help in the construction of a ..
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