Tag: Pacific Drilling

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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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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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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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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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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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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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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