Forget the partridge in the pear tree, the two turtle doves, and the five gold rings. Instead, the twelve days of this Christmas for the offshore sector have been packed ..
Tag: Swire Pacific Offshore
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 of pressure from ..
The offshore industry is currently so ugly that it is hard to know where to start….With the intriguing news that four bidders have apparently made bids for Bourbon, ..
Boat and rig prices fall. Oil and gas producers buy boats and rigs because they are so cheap. Oil and gas producers own and operate the cheap boats and rigs themselves ..
The future is clear. Offshore renewables have a massive tailwind. This month has seen Europe’s largest wind energy company, Ørsted, announce strong results (here) with ..
August has seen the Swire Group, one of the oldest British owned shipping companies, in the spotlight for all the wrong reasons. Swire Pacific’s affiliate Cathay ..
Last month Swire Pacific Offshore announced (here) that its subsidiary, the owner of two jackup windfarm turbine installation vessels (WTIVs), the company formerly known ..
Since the offshore market was plunged into crisis in late 2014, the industry has battled to survive. Hundreds of thousands have lost their jobs, hundreds of vessels have ..
Watching the difference between what people say, and what they actually do is always revealing. Whether it’s priests and sex, imams and alcohol, or cost cutting ..
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