COLUMN | Maersk and the offshore drilling industry: at the crossroads? [Offshore Accounts]
“When you come to a fork in the road, take it,” American baseball star Yogi Berra once said. Maersk Drilling now admits that it stands at a crossroads,...
“When you come to a fork in the road, take it,” American baseball star Yogi Berra once said. Maersk Drilling now admits that it stands at a crossroads,...
Holland’s Glorie is a novel published in 1940 by the Dutch writer Jan de Hartog. The novel glorified the life of the pre-war salvage master. In English,...
Further evidence of the growing speculative bubble in offshore wind came from Cadeler, the wind turbine installation company formerly known as Swire...
Speculative capital is now investing in high specification, purpose-built ships to support wind farms that have not even yet been installed. We have...
After announcing in October that it would liquidate the subsidiary that owns the FPSO Umuroa, and hand the idle vessel to the company administrators...
Last month Swire Pacific Offshore announced (here) that its subsidiary, the owner of two jackup windfarm turbine installation vessels (WTIVs), the company...
In Part One (here) we looked at how the biggest names in the offshore sector, Tidewater and Bourbon have drastically shrunk their fleets in the face...
Swire Blue Ocean (SBO) intends to order a new wind turbine installation vessel with an option for a second newbuild, the company said in a press release...
The future is clear. Offshore renewables have a massive tailwind. This month has seen Europe’s largest wind energy company, Ørsted, announce strong...
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