Tag: Seadrill Partners

Last year we took an offshore take to the familiar Twelve Days of Christmas carol (here) and (here). So, now it is time to revisit the first four festive players, and cat ..

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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 ..

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Danish and UK drilling specialists have been awarded new contracts and extensions covering drilling and well intervention in South America and the Asia-Pacific as well as ..

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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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Summer is usually a quiet time for deals, when investment bankers retreat to their villas in the south of France, Norwegian shipowners retire to their family chalets for ..

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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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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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