Dong Fang Offshore (DFO), a subsidiary of Taiwan’s Hung Hua Construction, has acquired a construction service operation vessel (CSOV) formerly operated by Swire Pac ..
Tag: Swire Pacific Offshore
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 ..
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 inve ..
Further evidence of the growing speculative bubble in offshore wind came from Cadeler, the wind turbine installation company formerly known as Swire Blue Ocean, which lis ..
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 ra ..
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 ..
In Saudi Arabia, Qatar and the UAE, public investment by petro-states is increasingly focused on squeezing out private sector businesses in oilfield services, especially ..
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 ..
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