Tag: Pacific Drilling

COLUMN | Falling knives and walking away: drilling contractors, Chinese yards, Korean cast-offs, Northern Drilling, SinoOcean and the Tiger rigs – Part One [Offshore Accounts]

Written by Hieronymus Bosch on . Posted in Commercial Mariner - Offshore, Jackups/Liftboats, Offshore Drilling & Extraction, Offshore World, Work Boat World Features.

Sometimes it is not only easier to walk away, but actually better The deepwater drilling industry is in crisis, as you know. In 2020, four major owners of deepwater rigs ..

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COLUMN | Maersk/Noble: Danish retreat from oil and gas raises bigger questions [Offshore Accounts]

Written by Hieronymus Bosch on . Posted in Anchor Handling, Commercial Mariner - Featured, Commercial Mariner - Offshore, Jackups/Liftboats, Offshore Decommissioning, Offshore Drilling & Extraction, Offshore World, Platform Supply, Work Boat World Features.

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 ..

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COLUMN | Quick updates: Eni acquittal on corruption charges, SBM whistleblower, Fisher fatalities, Pacific Drilling/Noble merger, Scottish windfarm windfall, and Golar/Perenco FLNG dispute [Offshore Accounts]

Written by Hieronymus Bosch on . Posted in Dive Support, Jackups/Liftboats, Offshore Construction, Offshore Drilling & Extraction, Offshore Exploration, Offshore Processing & Storage, Offshore Wind, Offshore World, Work Boat World Features.

For the end of the quarter, we feature a six-pack of updates on stories we covered recently. Eni (and Shell) acquitted over US$1 billion Nigerian corruption (for now) One ..

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COLUMN | The twelve days of offshore Christmas: Brent Crude, ammonia fuel cells, Myanmar, floating wind turbines, Bourbon, and Standard Drilling – Part Two [Offshore Accounts]

Written by Hieronymus Bosch on . Posted in Ausmarine - Featured, Ausmarine - Shipping and Offshore, Commercial Mariner - Featured, Commercial Mariner - Offshore, Jackups/Liftboats, Offshore Construction, Offshore Drilling & Extraction, Offshore Wind, Offshore World, Platform Supply, Ship World Features, Tanker World, Work Boat World Features.

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 ..

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COLUMN | Private equity: can the billionaire factory save the offshore industry? [Offshore Accounts]

Written by Hieronymus Bosch on . Posted in Anchor Handling, Crew Transfer, Offshore Construction, Offshore Drilling & Extraction, Offshore Maintenance, Offshore World, Seabed Mining, Standby, Rescue & Emergency Services, Work Boat World Features.

Question: What do the Formula One motor racing franchise, Heinz tomato ketchup, British supermarket chain Asda, and the North Sea safety standby companies North Star Ship ..

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COLUMN | A tale of six restructurings: Polarcus, Seadrill, Diamond Offshore, Siem Offshore, SeaBird Exploration, and Pacific Radiance [Offshore Accounts]

Written by Hieronymus Bosch on . Posted in Jackups/Liftboats, Offshore Drilling & Extraction, Offshore World, Platform Supply, Seabed Mining, Standby, Rescue & Emergency Services, Subsea Surveying, Work Boat World Features.

Charles Dickens offered only A Tale of Two Cities. This week, I offer a tale of no less than six restructurings, as the crisis in the offshore sector comes to a head. One ..

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COLUMN | Quick updates: BW Offshore, Cadeler, MMA Offshore, McDermott, James Fisher, Noble Drilling, Maersk Drilling, Ocean Infinity, Kris Energy and Rubicon [Offshore Accounts]

Written by Hieronymus Bosch on . Posted in Ausmarine - Shipping and Offshore, Commercial Mariner - Offshore, Jackups/Liftboats, Offshore Drilling & Extraction, Offshore Operations & Maintenance, Offshore Processing & Storage, Offshore World, Subsea Surveying, Unmanned Craft (Non-Naval), Work Boat World Features.

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 ..

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