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 ..
Tag: Transocean
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 ..
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 ..
Sunday bloody Sunday in Yangon, whilst Woodside CEO puts his foot in his mouth Yesterday was one of the most brutal days in the recent history of Myanmar as police and ..
Another Christmas Eve, another frantic effort from a struggling Norwegian offshore contractor to cobble together a deal with its creditors before the end of the year. A ..
Deepwater rig companies do everything bigger and better than OSV companies. Their rigs are physically huge, their day rates dwarf those of anchor handlers and platform ..
Headlines don’t tell the truth Last week saw a major strategic announcement from Keppel Offshore and Marine. Four or more separate publications, including the venerable ..
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 ..
Transocean has confirmed that two of its indirect, wholly-owned subsidiaries will relinquish their respective interests in two drillships under construction at Samsung ..
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