Offshore News – Swire Pacific Offshore Fleet sold to Tidewater – 22.04.2022
On Friday 22nd April Tidewater Inc. announced the completion of its purchase of Swire Pacific Offshore Holdings Ltd., a subsidiary of Swire Pacific Ltd., for approximately $190 million after the sale was announced last 9th March. The deal will allow Tidewater to add SPO’s fleet of 50 OSVs to its own, creating one of the world’s largest OSV fleets. Part of […]
Offshore – Drillship TUNGSTEN EXPLORER at Malta – April 2019
One of the Ultra-Deepwater Drillships operated by the Houston-based offshore driller Vantage Drilling was the 2013 built BHS flag TUNGSTEN EXPLORER with a total length overall of 235 meters and could accommodate up to 200 people. The drillship could drill wells at depths up to 12,000 meters. During April 2019 she was spotted anchored at […]
Offshore – Vantage Drilling to manage Oil Exploration Units for Seadrill Partners – 22.03.2021
Vantage Drilling International has entered into an agreement with Seadrill Partners which will see Vantage will provide management , operating and marketing services to Seadrill Partners. The agreement relates to drill ships WEST CAPELLA and WEST POLARIS and the semi-submersible drilling rigs (ssdr) WEST LEO and WEST SIRIUS. Seadrill Partners is currently being reorganised after filing […]
Offshore – Hornbeck Offshore files for Chapter 11 – 19.05.2020
On 19th May, 2020 Hornbeck Offshore Services Inc. (HOS) filed for bankruptcy in the Southern District of Texas, USA and will implement a pre-packaged Chapter 11 restructuring support agreement with lenders that was agreed to in April. Secured lenders hold approximately 83% of the Covington, La based offshore service vessel operator’s aggregate secured debt and unsecured […]
Offshore News – Stena Drilling awarded contract in Bahamas – 26.05.2020
Bahamas Petroleum Company (BPC) has signed an offshore drilling rig contract with Stena Drilling. BPC will use the drilling rig to drill its Perseverance #1 prospect offshore The Bahamas. As previously reported, BPC has postponed the Perseverance #1 drilling operation from H1 2020 to Q4 2020 due to the COVID-19 pandemic disease outbreak, and to […]
