While UMW Oil & Gas Corp (UMW-OG) will achieve full utilisation of its seven jack-up drilling rigs by the second half of this year, the oil and gas (O&G) service…
Singapore-listed offshore services firm Marco Polo Marine saw its first half loss deepened to SGD4.77m ($3.4m) compared to the loss of SGD1.1m in the same period of last year.
OSV owner and operator Tidewater Inc. will file for Chapter 11 bankruptcy by 17 May following the signing of a Restructuring Support Agreement (RSA) with certain of its lenders.
Pacific Radiance saw its first quarter loss more than doubled from the year-ago period amid tough operating environment in the offshore vessels market.
Braemar Shipping Services 2016 profits for the year ended 28 February 2017 were hit restructuring costs for its technical division.